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Buy Navneet Education, target price Rs 182: Prabhudas Lilladher

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April 23, 2024
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Buy Navneet Education, target price Rs 182:  Prabhudas Lilladher
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Prabhudas Lilladher has buy call on Navneet Education with a target price of Rs 182. The current market price of Navneet Education Ltd. is Rs 150.1.

Navneet Education Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 3422.61 Crore) operating in Paper sector.

Navneet Education Ltd. key Products/Revenue Segments include Paper Stationery & Books, Waste/Scrap, Export Incentives, Sale of services, Other Operating Revenue and Power Generation for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 261.84 Crore, down -2.30 % from last quarter Total Income of Rs 268.00 Crore and down -1.99 % from last year same quarter Total Income of Rs 267.17 Crore. Company reported net profit after tax of Rs -16.74 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 63.31 per cent stake in the company as of 31-Mar-2024, while FIIs owned 3.67 per cent, DIIs 12.45 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Tags: BuyeducationLilladhermarket newsMarketsNavneetnavneet (india)navneet (india) ltdNavneet EducationNavneet Education LtdNavneet Education stocksnavneet publicatnavneet publicationnavneet publication (india)navneet publication (india) ltdNiftyPrabhudaspricepublication (india)publication (india) ltdpublication ltdsensextarget
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