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10 Oct 2022
|
Ambika Cotton Mills
|
Joindre Capital Services
|
1403.20
|
|
1596.90
(-12.13%)
|
|
Buy
|
|
|
|
|
23 Sep 2015
|
Ambika Cotton Mills
|
Karvy
|
1403.20
|
1004.00
|
828.10
(69.45%)
|
Target met |
Buy
|
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Rock solid ratios with higher dividend yield: Ambika Cotton has recorded outperforming return ratios of RoE, RoCE & RoA at 18.2%, 20.6% & 11.3% in the industry in FY15. The company has paid dividend per share of Rs.14 implying dividend yield of ~ 1.7% at CMP of Rs 835. The profit after tax is growing with a CAGR of 30% in FY12-FY15 and expecting a growth of 20% CAGR in FY15-FY17E.
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