Apcotex Industries Ltd. News and Updates

Name: Latest research reports of Apcotex Industries Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Apcotex Industries Ltd.
Rating: 3
Author: Axis Direct

Keep track of all breaking news on Apcotex Industries Ltd. from all sources in a single place.

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Apcotex Industries Ltd.

05 Jul 2021

319.65

0.79%

Axis Annual Analysis:Apcotex Industri

Hold: Apcotex Industries Ltd.

Recommendation Target

Axis Direct

We would await for a better entry point and thus downgrade the stock to HOLD (previously BUY) while valuing the stock at 20x FY23E EPS to arrive at a TP of Rs 315/share.

Apcotex Industries L.. has an average target of 380.00 from 1 broker.

Apcotex Industries Ltd.

11 May 2021

319.65

0.79%

Apcotex rallies 31% in 4 days post Q4 results; stock zooms 80% in a month

Business Standard

Better procurement of raw materials and implementation of cost-saving projects over the last few months and the year assisted in bolstering the margins of the company in Q4FY21

Apcotex Industries Ltd.'s price crossed above 30Day SMA today

Apcotex Industries Ltd.

10 May 2021

319.65

0.79%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

we revise our estimates and continue to maintain BUY rating with a target price of Rs. 325 (Previous TP Rs. 204) valuing it at 20x of FY23E EPS. The TP implies an upside potential of 10% from CMP.

Apcotex Industries Ltd.'s price crossed above 30Day SMA today

Apcotex Industries Ltd.

07 May 2021

319.65

0.79%

Apcotex Ind Standalone March 2021 Net Sales at Rs 186.92 crore, up 61.65% Y-o-Y

Moneycontrol

NULL

Apcotex Industries Ltd.'s price crossed above 30Day SMA today

Apcotex Industries Ltd.

03 Feb 2021

319.65

0.79%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

we expect healthy volume and price growth in upcoming quarters, we revise our estimates and continue to maintain BUY rating with a target price of Rs. 204 (Previous TP Rs. 174)valuing it at 19x of FY23E EPS.

Apcotex Industries Ltd. is trading below all available SMAs

Apcotex Industries Ltd.

30 Oct 2020

319.65

0.79%

Apcotex Industries: Sustainable traction in demand for medical gloves is a key watch

Moneycontrol

Over the next 15 months, Apcotex will spend Rs 130-140 crore capex largely targeting XNBR factory capable of producing 40,000 tonnes annually

Apcotex Industries Ltd. has lost -25.32% in the last 6 Months

Apcotex Industries Ltd.

30 Oct 2020

319.65

0.79%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

As mentioned in our earlier quarterly updates, we continue to believe that demand could recover notably witnessed from Q3FY21. Factoring in the positive outlook on growth recovery in FY21 we revise our estimates upwards leading to a rating revision to BUY (earlier HOLD) and TP change to Rs. 174

Apcotex Industries L.. has an average target of 380.00 from 1 broker.

Apcotex Industries Ltd.

10 Jun 2020

319.65

0.79%

Apcotex Industries: Adverse demand-supply balance poses a risk

Moneycontrol

NULL

Apcotex Industries Ltd.'s price crossed above 30Day SMA today

Apcotex Industries Ltd.

27 May 2020

319.65

0.79%

Anti-dumping duty likely on a rubber imported from China, 3 other countries

Business Standard

Apcotex Industries Ltd has alleged that dumping of the product from these countries are impacting the domestic industry

Apcotex Industries Ltd. is trading below all available SMAs

Apcotex Industries Ltd.

26 May 2020

319.65

0.79%

Sell Apcotex Industries; target of Rs 80: ICICI Direct

Moneycontrol

ICICI Direct is bearish on Apcotex Industries has recommended sell rating on the stock with a target price of Rs 80 in its research report dated May 26, 2020.