6.50 0.30 (4.84%)
52,555 Volume
NSEJan 22, 2021 03:31 PM
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Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2015-11-30 | McNally Bharat Engin.. + | Karvy | 95.20 | 112.00 | 95.20 (-93.17%) | Target met | Buy | McNally Bharat Engineering Company Ltd: Turnaround Ahead, As Economy on Revival ... (Nov 30, 2015)
Karvy
Margin expansion promises encouraging outlook: Despite registering muted revenue growth and slight increase in CoGS, MBEL managed to register an EBITDA margin of 2.5% for FY15. Going forward, on account of healthy revenue growth aided by revival in the economy further supported by stable CoGS & employee costs, we believe EBITDA & EBIT margins to expand by 580 bps each to reach 8.3% & 6.4% respectively by FY17E. Also PAT margin is expected to enter into positive territory resulting in an EPS of Rs. 2.6 in FY17E.
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2012-12-17 | McNally Bharat Engin.. + | ICICI Securities Limited | 128.00 | Buy |