75.25 3.15 (4.37%)
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-09-25||Ram Ratna Wires Ltd. +||Choice India||164.00||195.00||164.00 (-54.12%)||Target met||Buy|
EBIDTA increased by 16.2% (YoY) to Rs. 122.8 mn for Q1FY18 as against Rs. 105.7 mn in the corresponding quarter previous year Profit after tax (PAT) for the Q1FY18 increased by 16.2% (YoY) to Rs. 47.4 mn from Rs. 40.8 mn for the corresponding quarter of the previous year. Break out for key expenditure include cost of material at Rs.2089.74mn, finance cost at Rs. 30.5 mn, Dep. And Amortization expense at Rs. 22.7mn,and other expenses amounted to Rs. 91.5mn. Outlook : Indian electrical equipment industry along with power and infrastructure...