Elgi Equipments Ltd.

NSE: ELGIEQUIP | BSE: 522074 | ISIN: INE285A01027 |Industry: Industrial Machinery
|Expensive Performer
110.80 0.80 (0.73%)
NSE Oct 23, 2020 15:31 PM
Volume: 26,675
 

Elgi Equipments Ltd.    
24 Sep 2020, 12:00AM
110.80
0.73%
buy
ICICI Securities Limited
Going ahead, traction in international market, new products like oil free compressors (AB series) would aid growth while a revival is expected in the India business, which continues to face challenges across verticals. However, its strategy on cost reduction, focus on cash business would help deal with working capital, debt and liquidity situation. We expect revenue, EBITDA growth of 7.1%, 30.1% CAGR, respectively, in FY20-22E. We revise...
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Elgi Equipments Ltd. has gained 74.49% in the last 6 Months
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