Mayur Uniquoters Ltd.

NSE: MAYURUNIQ | BSE: 522249 | ISIN: INE040D01038 | Industry: Textiles
| Value Stock, Under Radar
458.3500 13.05 (2.93%)
NSE Apr 11, 2025 15:31 PM
Volume: 90,066
 

458.35
2.93%
ICICI Securities Limited
Auto segment forms ~55% of revenues while footwear forms ~30%, with others contributing rest. MUL counts several major automotive OEMs both in India (MSIL, M&M;, TML, MG Motor, Honda), globally (VW, Ford, Chrysler) as its clients while also serving retail brands like Bata, Relaxo, Paragon, among others. Share of footwear in overall revenues is on the decline amid higher growth in auto, other segments. This bodes well for MUL as footwear ASPs are lower than those in automotive with blended ASPs at ~| 200-220/metre. Recently, receipts of approval from Mercedes...
Mayur Uniquoters Ltd. has an average target of 803.00 from 1 broker.
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