|
02 May 2019
|
Investment & Precision
|
ICICI Securities Limited
|
508.60
|
220.00
|
250.15
(103.32%)
|
Target met |
Sell
|
|
|
Slowdown in key automotive clients impacts performance IPCL predominantly caters to auto OEMs. The company derives ~80% revenue from the automotive sector wherein it provides casting products such as gear shifter fork, pre combustion chamber, etc. Generally, revenue contribution by sub-segment involves passenger vehicles (40%), commercial vehicles (40%), two-wheelers and tractors contribute (20%). Maruti Suzuki is the company's largest client. A slowdown and uncertain growth among leading auto OEM manufacturers over the next two to three...
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|
01 Feb 2019
|
Investment & Precision
|
ICICI Securities Limited
|
508.60
|
315.00
|
300.05
(69.51%)
|
Target met |
Hold
|
|
|
ICICI Securities Ltd | Retail Equity Research Investment Precision Castings (IPCL) reported a mixed bag Q3FY19 performance amid rising raw material (steel) prices offset by...
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|
01 Jun 2018
|
Investment & Precision
|
ICICI Securities Limited
|
508.60
|
570.00
|
423.00
(20.24%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|