NSE: APCOTEXIND | BSE: 523694

Strong Performer, Getting Expensive

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430.00 5.75 (1.36%)

High vol. this week

NSE 04 Aug, 2025 9:07 AM (IST)

2,229.3

Market Cap

Below industry Median

0.7

Beta 1Year

Very Low volatility

Apcotex Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APCOTEXIND, BSE:523694 Apcotex Industries Ltd.

Apcotex Industries Ltd.

07 Feb 2022

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

We maintain BUY recommendation with the TP to Rs 435/share valuing it at FY24E EPS. The key downside risk to our estimates Uncertainties caused by the sudden resurgence of COVID cases, while an upside risk to our TP is a favourable ADD outcome.

Apcotex Industries L.. has an average target of 380.00 from 1 broker.

Apcotex Industries Ltd.

30 Jul 2021

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Recommendation Target

Axis Direct

This results in a rating upgrade to BUY (HOLD earlier) and revision in TP to Rs 410 (Rs 315 earlier) as we roll forward our estimates and multiple to FY24E EPS.

Apcotex Industries Ltd. is trading above all available SMAs

Apcotex Industries Ltd.

05 Jul 2021

430.00

1.36%

Axis Annual Analysis:Apcotex Industri

Hold: Apcotex Industries Ltd.

Recommendation Target

Axis Direct

We would await for a better entry point and thus downgrade the stock to HOLD (previously BUY) while valuing the stock at 20x FY23E EPS to arrive at a TP of Rs 315/share.

Apcotex Industries Ltd. has gained 22.72% in the last 6 Months

Apcotex Industries Ltd.

10 May 2021

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

we revise our estimates and continue to maintain BUY rating with a target price of Rs. 325 (Previous TP Rs. 204) valuing it at 20x of FY23E EPS. The TP implies an upside potential of 10% from CMP.

Apcotex Industries L.. has an average target of 380.00 from 1 broker.

Apcotex Industries Ltd.

03 Feb 2021, 12:00AM

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

we expect healthy volume and price growth in upcoming quarters, we revise our estimates and continue to maintain BUY rating with a target price of Rs. 204 (Previous TP Rs. 174)valuing it at 19x of FY23E EPS.

Apcotex Industries Ltd. is trading above all available SMAs

Apcotex Industries Ltd.

30 Oct 2020

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Target

Axis Direct

As mentioned in our earlier quarterly updates, we continue to believe that demand could recover notably witnessed from Q3FY21. Factoring in the positive outlook on growth recovery in FY21 we revise our estimates upwards leading to a rating revision to BUY (earlier HOLD) and TP change to Rs. 174

Apcotex Industries Ltd. has gained 39.02% in the last 3 Months

Apcotex Industries Ltd.

26 May 2020

430.00

1.36%

Apcotex Industries

Sell: Apcotex Industries Ltd.

Target

ICICI Securities Limited

Apcotex registered a revenue decline of 24% YoY to | 116 crore, largely impacted by sluggish growth from NBR segment due to slowdown in the auto sector along with a fall in realisation due to passing on of benefit of lower RMAT prices. Further, fall in tyre latex along with carpet latex revenue also weighed on the overall performance. The company was struggling to maintain its historic gross margins of 30-32% in the last few quarters due to increase in NBR imports from Europe at lower prices leading the company to sell NBR at losses or breakeven level in the last few quarters. This was...

Apcotex Industries Ltd. average weekly volume is high.

Apcotex Industries Ltd.

26 May 2020

430.00

1.36%

Result Update:Apcotex Industri

Buy: Apcotex Industries Ltd.

Recommendation Target

Axis Direct

For Q4FY20, Apcotex Industries delivered an in-line performance versus our estimates on Revenues/PAT front. Revenues reported a 25% de-growth impacted by 2 week lockdown that affected performance of its Latex and NBR products.

Apcotex Industries Ltd. has gained 22.72% in the last 6 Months

Apcotex Industries Ltd.

18 Mar 2020

430.00

1.36%

Apcotex Industries

Sell: Apcotex Industries Ltd.

Recommendation Target

ICICI Securities Limited

In our midcap universe of 11 companies, we expect Tata Chemical, VA Tech Wabag, Emmbi Industries and Kanpur Plastipack to be the most impacted stocks given that all these have revenue contribution in excess of 30-35% from the said geographies. We have envisaged the impact of Coronavirus (Covid-19) on our midcap coverage universe based on the revenue contribution from both the US as...

Apcotex Industries Ltd. has gained 39.02% in the last 3 Months

Apcotex Industries Ltd.

22 Nov 2019

430.00

1.36%

Result Update:Apcotex Industri

Hold: Apcotex Industries Ltd.

Recommendation Target

Axis Direct

Apcotex for Q2FY20 posted revenues of Rs. 124Cr (24% vs our estimate, 23% YoY). Despite reporting high single digit volume growth in Q2, topline was impacted owing to lower realization (sharp fall in petrochemical prices) and slow down in Automobile industry.

Apcotex Industries Ltd. has gained 39.02% in the last 3 Months

Is Apcotex Industries Ltd. worth buying?

97 Votes:

Buy 61.86%

Sell 21.65%

Hold 16.49%

RESEARCH REPORTS

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