NSE: SAFARI | BSE: 523025 | ISIN: INE429E01023
INDUSTRY : Other Apparels & Accessories
375.15 2.35 (0.63%)
NSEJul 09, 2020 15:31
The 1 reports from 1 analysts offering long term price targets for Safari Industries (India) Ltd. have an average target of 646.00. The consensus estimate represents an upside of 72.20% from the last price of 375.15.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-11-09||Safari Industries (I..||Angel Broking||755.00||1000.00||755.00 (-50.31%)||Buy|
Strong growth in revenue: For Q2FY2019, Safari Industries (Safari) posted a strong yoy growth of 44% in revenue to `127 cr mainly led by volume growth. The company is garnering market share from the unorganized market and seeing good demand in its backpacks and new categories which is driving such strong growth in its top line. Margins we..
|2018-08-18||Safari Industries (I..||Angel Broking||874.80||1000.00||874.80 (-57.12%)||Target met||Buy|
Robust growth in revenue: For Q1FY2019, Safari Industries (Safari) posted a yoy growth of 49% growth in revenue mainly led by volume growth and low base effect (Q1FY2018 revenue was subdued due to GST impact). The company has reported net revenue of `156 cr which was the highest ever revenue achieved. The company is garnering market share..
|2018-06-04||Safari Industries (I..||Angel Broking||612.00||720.00||612.00 (-38.70%)||Target met||Buy|
Robust Q4FY2018 results- For Q4FY2018, Safari Industries (Safari ) posted a growth of 26%/150% yoy growth in revenue/ PAT amid ~543 bps yoy expansion in operating margin expansion. The company is gaining market share especially from the unorganized players and seeing good demand in its backpacks and new categories which is driving such st..
|2018-02-21||Safari Industries (I..||Angel Broking||531.70||650.00||531.70 (-29.44%)||Target met||Buy|
Safari Industries Ltd (Safari ) is the third largest branded player in the Indian luggage industry. Post the management change in 2012, it has witnessed complete restructuring in business and product portfolio. This restructuring has helped it in posting a CAGR of 42% in revenue and 46% in PAT over 2012-17. It has also now captured ~14%..