MIRC Electronics Ltd. share price target and research reports

Name: Latest research reports of MIRC Electronics Ltd. authored by Kotak Securities and published by - Trendlyne research reports.
Item: MIRC Electronics Ltd.
Rating: 4
Author: Kotak Securities

Latest analyst research reports with target prices and PDF download for MIRCELECTR, BSE:500279 MIRC Electronics Ltd.

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MIRC Electronics Ltd.

17 Aug 2018, 12:00AM

29.00

-1.23%

Mirc Electronic

Accumulate: MIRC Electronics Ltd.

Kotak Securities

Forex loss of Rs 37 mn erased 190 bps from the EBITDA margins The room AC industry had planned for a growth of 20% in Q1FY19. As against this, the industry actually contracted by 13% y-o-y. As a result, there is excess inventory holding in channels by around 60 days....