|
12 Aug 2025
|
Ddev Plastiks
|
IDBI Capital
|
345.90
|
410.00
|
325.60
(6.23%)
|
18.53 |
Buy
|
|
|
DDev Plastiks Industries Ltd (DDEVPLAS) reported a robust Q1FY26 earnings on key parameters. The company reported 9% YoY increase in NSR at Rs148/Kg, while sales volume increased by ~13% YoY to 51,733MT. The management remains committed to its long-term objective, targeting volume growth of approximately 10-15% and revenue growth of 12-13%. On a conservative basis, the company aims to achieve a revenue of about Rs4,500crs- Rs5,000crs by FY30. We believe DDEVPLAS is well poised to benefit from healthy demand outlook of domestic wires and cables industry. Given promising outlook by the...
|
|
25 Jun 2024
|
Ddev Plastiks
|
Ventura
|
345.90
|
600.00
|
379.30
(-8.81%)
|
|
Buy
|
|
|
Strategic shift towards high value products poised to drive growth
|