2096.8000 5.10 (0.24%)
NSE May 09, 2025 15:31 PM
Volume: 22,293
 

2096.80
0.24%
Angel Broking
For 1QFY2020, Safari Industries (SIL) posted Strong Result top-line growth, though it disappointed on bottom-line front. Revenue grew ~29% yoy to `203cr. On the margin front, the company reported operating margin contracted by 364bps yoy. On the bottom-line front, SIL reported de-growth of ~29% yoy to ~`9cr due to cost pressures. Outlook and Valuation: Going
IDBI Capital decreased Hold price target of Safari Industries (India) Ltd. to 2180.0 on 08 May, 2025.
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