Ester Industries Ltd. Brokerage/Research Reports, analyst Research Reports - table view - Trendlyne

Ester Industries Ltd.

Strong Performer

Check Buy or Sell

119.00 -2.30 (-1.90%)

432.44% Gain from 52W Low

267.3K Volume

NSEJan 18, 2021 03:31 PM

Broker 1Year buys

1 active buys

Market Cap

High in industry

Ester Industries Ltd. share price forecast

The 2 reports from 2 analysts offering long term price targets for Ester Industries Ltd. have an average target of 115.50. The consensus estimate represents a downside of -2.94% from the last price of 119.00.

Share

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced target price.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased target price.

ESTER

Click on any table column to sort reports by date, stock name, broker, price, target, upside or recommendation.

Summary	Date	Stock	Broker	Price at Reco.	Target	Price at reco Change since reco(%)	Upside(%)	Type	Report	Discuss
	2020-09-30	Ester Industries Ltd. +	Khambatta Securities	73.95	131.00	73.95 (60.92%)	Target met	Buy		Broker Report Ester Ind Khambatta Securities Share Share on Share on Share on Share on Like Comment
	2020-09-01	Ester Industries Ltd. +	Ashika Research	64.20	100.00	64.20 (85.36%)				Broker Report Ashika Management Meet Note - Ester Industries Ltd. - September 2020 Ashika Research During COVID-19 crisis, packaging business was least impacted as people are more preferring packaged food in order to maintain hygiene and safety. Management expects, domestic demand for polyester packaging to grow in between 12-14% going ahead, which could be a phenomenal demand growth.... Share Share on Share on Share on Share on Like Comment
	2018-07-03	Ester Industries Ltd. +	ICICI Securities Limited Reco Target	46.25	46.25	46.25 (157.30%)	Target met	Sell		Broker Report Ester Industries ICICI Securities Limited Ester Industries (Ester) reported a healthy Q4FY18 performance. Net sales for the quarter were at \| 220 crore, up 11.7% YoY. EBITDA in Q4FY18 was at \| 22.7 crore with corresponding EBITDA margin of 10.3%. Consequent PAT in Q4FY18 was at \| 5.6 crore. Q4FY18 marks a turnaround quarter resurfacing double digit EBITDA margins, best in the last 10 quarters. PAT of ~\| 6 crore is also the highest in the last 12 quarters. However, the management has revised its downward its guidance in the quite essential speciality polymer segment, which was the key driver of growth for Ester... Share Share on Share on Share on Share on Like Comment
	2018-03-16	Ester Industries Ltd. +	ICICI Securities Limited	68.40	90.00	68.40 (73.98%)		Buy		Broker Report Ester Industries ICICI Securities Limited Share Share on Share on Share on Share on Like Comment
	2018-02-15	Ester Industries Ltd. +	Rudra Shares and Stock Brokers Ltd	65.00	113.00	65.00 (83.08%)		Buy		Broker Report Moving from commoditized business to technology based business Rudra Shares and Stock Brokers Ltd Company's vision going forward is to achieve a revenue target of ` 1700-2000 cr by 2022 & at ` 900-950 crores by the end of FY19 . Talking about next four-five years, is looking at taking the revenue up between 30% and 40% from the specialty polymer business . Agreement with Shaw Industries Ester Industries has entered into a long term agreement with Shaw Industries Group Inc, USA, a wholly owned subsidiary of Berkshire Hathaway, Inc to supply circa 2,500 tonnes per year of its stain resistant Master batch MB-03.The total size of this single order is estimated to be around 900 million per year which is more than double the Company’s FY2017 Specialty Polymer revenues which amounted to 430 million. Share Share on Share on Share on Share on Like Comment