Name: Latest research reports of Symphony Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Symphony Ltd.
Rating: 4
Author: Geojit BNP Paribas

Symphony Ltd.

NSE: SYMPHONY | BSE: 517385 | ISIN: INE225D01027 | Industry: Consumer Electronics
| Expensive Performer

1194.9000 33.20 (2.86%)

NSE Apr 21, 2025 12:37 PM

36.47% Fall from 52W High

Volume: 98,455

Symphony Ltd.

11 Jun 2020

1194.90

2.86%

SYMPHONY LIMITED

Accumulate: Symphony Ltd.

Target

Geojit BNP Paribas

We expects sales to recover from Q2FY21 onwards supported by new models of commercial and industrial coolers, once lockdown is lifted. We reiterate our ACCUMULATE rating on the stock with a target price of Rs. 1,006 based on 33x FY22E adj. EPS. Nation-wide lockdown slows down pace of topline growth In Q4FY20, Symphony reported revenue of Rs. 249cr, a rise of 6.0%YoY with its new product launches (6 commercial coolers, 2 industrial coolers, and 8 household coolers) during 2019 and product mix. On annual basis, the revenue grew to Rs. 1,103cr...

Symphony Ltd. has lost -32.65% in the last 6 Months