Agarwal Industrial Corporation Ltd. share price target and research reports

Name: Latest research reports of Agarwal Industrial Corporation Ltd. authored by Hem Securities and published by - Trendlyne research reports.
Item: Agarwal Industrial Corporation Ltd.
Rating: 5
Author: Hem Securities

Latest analyst research reports with target prices and PDF download for AGARIND, BSE:531921 Agarwal Industrial Corporation Ltd.

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Agarwal Industrial Corporation Ltd.

05 Jun 2022

982.40

2.92%

Robust Financial Performance with Strong Growth Outlook

Buy: Agarwal Industrial Corpora...

Hem Securities

In FY22, AICL has posted solid set of numbers where company has shown whopping 77% rise in topline while operating profit grew by 48% as compare to FY21 & bottom line has jumped by healthy 57%. As historically Q4 & first two months of Q1 are peak revenue generators for the company, we expect AICL to grow at a healthy rate going ahead.

Agarwal Industrial Corporation Ltd. is trading below its 50 day SMA of 1002.0

Is Agarwal Industrial Corporation Ltd. worth buying?

128 Votes:

Buy 78.91%

Sell 11.72%

Hold 9.38%