|
15 Sep 2025 |
Astral
|
Consensus Share Price Target
|
1453.60 |
1525.79 |
- |
4.97 |
buy
|
|
|
|
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23 Dec 2022
|
Astral
|
ICICI Securities Limited
|
1453.60
|
2295.00
|
1966.15
(-26.07%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We recently interacted with the management of Astral Ltd (ASTRA) and following are the key takeaways: a) Demand trend in pipe has improved QTD and is likely to remain healthy in H2FY23.
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|
14 Nov 2022
|
Astral
|
ICICI Direct
|
1453.60
|
2275.00
|
1982.30
(-26.67%)
|
Pre-Bonus/ Split |
Hold
|
|
|
|
|
14 Nov 2022
|
Astral
|
ICICI Securities Limited
|
1453.60
|
2182.00
|
2061.95
(-29.50%)
|
Pre-Bonus/ Split |
Accumulate
|
|
|
Astral reported Q2FY23 consolidated revenue decline of 2.4% YoY (3-year CAGR of +20%) on a high base with plumbing segment revenue declining 10.6% YoY, while adhesive segment grew 9.8% YoY.
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|
09 Sep 2022
|
Astral
|
ICICI Direct
|
1453.60
|
2650.00
|
2505.45
(-41.98%)
|
Target met |
Hold
|
|
|
|
|
17 Aug 2022
|
Astral
|
Axis Direct
|
1453.60
|
2225.00
|
2014.25
(-27.83%)
|
Target met |
Buy
|
|
|
We recommend a BUY with a TP of Rs 2,225 with an upside potential of 11.2%.
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|
16 Aug 2022
|
Astral
|
IDBI Capital
|
1453.60
|
2283.00
|
2000.00
(-27.32%)
|
Target met |
Buy
|
|
|
|
|
16 Aug 2022
|
Astral
|
ICICI Direct
|
1453.60
|
2100.00
|
2000.00
(-27.32%)
|
Target met |
Hold
|
|
|
|
|
15 Aug 2022
|
Astral
|
ICICI Securities Limited
|
1453.60
|
2076.00
|
1985.55
(-26.79%)
|
Target met |
Accumulate
|
|
|
Astral Ltd reported better than expected consolidated revenue growth of 73.1% YoY (3-year CAGR of 26%) on a low base with its plumbing/adhesive segments witnessing growth of 73.8%/45.2% YoY respectively.
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|
13 Aug 2022
|
Astral
|
Edelweiss
|
1453.60
|
2377.00
|
1985.55
(-26.79%)
|
Target met |
Buy
|
|
|
Robust performance continues amid margin pressure
|
|
12 Aug 2022
|
Astral
|
BOB Capital Markets Ltd.
|
1453.60
|
2205.00
|
1985.55
(-26.79%)
|
Target met |
Hold
|
|
|
Consolidated Q1 revenue grew 73% YoY with plumbing/paints & adhesives up 74%/72%; pipe volumes increased 49%
|