600.80 11.80 (2.00%)
NSENov 26, 2020 03:31 PM
The 2 reports from 1 analysts offering long term price targets for The Anup Engineering Ltd. have an average target of 750.00. The consensus estimate represents an upside of 24.83% from the last price of 600.80.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-11-08||The Anup Engineering.. +||ICICI Securities Limited||584.15||750.00||584.15 (2.85%)||24.83||Buy|
ICICI Securities Limited
Orderbook was at | 334 crore at the end of Q2FY21, up 25% from March levels. Our back of the envelope calculation indicates the company saw order inflows of ~| 185 crore in H1FY21. These orders were largely from conventional refineries (upstream & downstream), fertiliser industry & power sector. Going ahead, the management expects order inflow momentum to continue on the same lines as the current enquiry cycle seems quite strong. We model order inflows to the tune of | 380 crore for FY21E. Phase I of Kheda, Odhav heavy bay to propel growth in FY22...
|2020-09-24||The Anup Engineering.. +||ICICI Securities Limited||541.15||735.00||541.15 (11.02%)||22.34||Buy|
|2019-08-22||The Anup Engineering.. +||Nirmal Bang||388.00||650.00||388.00 (54.85%)||Target met||Buy|
Anup Engineering is promoted by Mr. Sanjay Lalbhai and his family (Promoter of Arvind Ltd). Anup was earlier a subsidiary of Arvind Ltd and recently got demerged. Anup is engaged in design and fabrication of process plant equipment which mainly includes heat exchangers, pressure vessels, centrifuges, columns/towers and reactors that find...