FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

BALAMINES Consensus Forecast

No. of reports in last year
3
No. of analysts
2
Average Consensus Forecast
495
Consensus Potential
-16.19%

BALAMINES Price Target Potential

BrokerageTargetPotential
CD Equisearch543-5.32%
HDFC Securities490-16.71%

BALAMINES Targets in FrontPage Forums

1 Users have submitted 1 trade ideas of Rs. 381.5 for BALAMINES
100% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

BALAMINES Ratings

Long term BALAMINES rating by FrontPage users
5/5 (1 Ratings)

3 BALAMINES share price target reports by brokerages below. See what is analyst's view on BALAMINES share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. BALAMINES Forum
  3. BALAMINES Price Target

BALAMINES Share Price Target

BALAMINES Share Price Target - Broker Reports - 2020

28-Feb-20
Price @ Call: 422
Target: 543
BUY
The stock currently trades at 13.1x FY20e EPS of Rs 31.18 and 10.5x FY21e EPS of Rs 38.82. Increased revenues from Balaji Speciality (revenue potential of Rs. 350-400 cr at peak utilization) along with stabilization of Balaji Amines acetonitrile plant and some new capacities of ethylamines and amines derivatives will no doubt buoy topline next fiscal. Post tax earnings is estimated to grow by 24.5% on higher margins and barely subdued volumes. Yet volatile methanol prices continue to remain a concern as it could weigh negatively on margins. Weighing odds, we advise buy rating on the stock with target price of Rs 543 based on 14x FY21e EPS of Rs 38.82 over a period of 9-12 months.
... Read more
20-Jan-20
Price @ Call: 445.06
Target: 490
BUY
Given the (1) Uncertainty in the ramp up of BSCPL (2) Muted earnings growth prospect (3) Declining return ratios (ROE: 16.1/15.1/13.5%, RoIC: 22.5/21.7/18.8% in FY20E/21E/22E), we prefer Alkyl Amines over Balaji in the Amines space. Maintain BUY with a TP of Rs 490 (13x Dec-21E EPS).
... Read more

BALAMINES Share Price Target - Broker Reports - 2019

31-Jul-19
Price @ Call: 227.5
Target: 452
BUY
BAL reported muted performance in Q1FY20 consequential to (1) Soft volume off-take by the agrochemical industry, (2) High raw material prices, predominantly Methanol. Hence, we cut our EPS estimates for FY20/21 and arrive at a TP of Rs 452/share based on 13x Sep-21E EPS.
... Read more
1-Feb-19
Price @ Call: 409.5
Target: 793
BUY

BALAMINES Share Price Target - Broker Reports - 2018

21-Nov-18
Price @ Call: 480
Target: 765
BUY
5-Nov-18
Price @ Call: 441.69
Target: 763
BUY
31-Aug-18
Price @ Call: 589.51
Target: 765
BUY
30-Jul-18
Price @ Call: 578.22
Target: 654.5
BUY

BALAMINES Share Price Target - Broker Reports - 2017

16-May-17
Price @ Call: 364
Target: 485
BUY

BALAMINES Share Price Target - Broker Reports - 2016

2-Nov-16
Price @ Call: 336
Target: 405
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • BALAMINES Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3614.18
    Upside Target 2601.77
    Upside Target 1586.83
    Pivot574.42
    Downside Target 1559.48
    Downside Target 2547.07
    Downside Target 3532.13
  • BALAMINES Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3677.38
    Upside Target 2626.67
    Upside Target 1591.43
    Pivot540.72
    Downside Target 1505.48
    Downside Target 2454.77
    Downside Target 3419.53
  • BALAMINES Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3716.37
    Upside Target 2630.03
    Upside Target 1561.72
    Pivot475.38
    Downside Target 1407.07
    Downside Target 2320.73
    Downside Target 3252.42
  • BALAMINES Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3601.77
    Upside Target 2591.32
    Upside Target 1584.86
    Pivot574.42
    Downside Target 1563.97
    Downside Target 2557.51
    Downside Target 3547.07
  • BALAMINES Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3626.67
    Upside Target 2593.83
    Upside Target 1573.55
    Pivot540.72
    Downside Target 1507.88
    Downside Target 2487.6
    Downside Target 3454.77
  • BALAMINES Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3630.03
    Upside Target 2570.96
    Upside Target 1534.46
    Pivot475.38
    Downside Target 1416.31
    Downside Target 2379.81
    Downside Target 3320.73
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020