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

GHCL Consensus Forecast

No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
157.5
Consensus Potential
-93.44%

GHCL Price Target Potential

BrokerageTargetPotential
Kotak Securities175-71.94%

GHCL Targets in FrontPage Forums

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

GHCL Ratings

Long term GHCL rating by FrontPage users
4.3/5 (3 Ratings)

2 GHCL share price target reports by brokerages below. See what is analyst's view on GHCL 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. GHCL Forum
  3. GHCL Price Target

GHCL Share Price Target

GHCL Share Price Target - Broker Reports - 2020

28-Oct-20
Price @ Call: 158.65
Target: 175
ADD
27-Jul-20
Price @ Call: 144.96
Target: 140
SELL
We expect soda ash segment to report sequential improvement in volume, backed by demand from glass segment, however the benefit of the same would be partly offset by decline in realisation. Textile segment will also see some improvement, but overall performance from the segment is likely to remain subdued due to lower retail sales and availability of labour. The stock is currently trading at 6.9x/5x FY21E/FY22E earnings, and 4.6x/3.7x FY21E/FY22E EV/EBITDA, respectively. The stock is trading at a discount to its last six years EV/EBITDA multiple of 4.4x. Given the near term headwinds in terms of demand both in inorganic chemicals and textile segments, we do not expect re-rating in the near term and stock is likely to trade at a discount to its historical multiples. Hence, we maintain SELL, with an unchanged target price of Rs140.
... Read more
15-Jul-20
Price @ Call: 159.28
Target: 140
SELL
We expect soda ash segment’s performance to be impacted in the near term due to lower volume and decline in realisation. In addition, textile segment is also expected to reported subdued performance impacted by COVID-19, slowdown in the U.S economy and changing consumer preferences. The stock rallied ~40% since our last update in the month of May’20 and is now trading at 6.9x/5.1x FY21E/FY22E earnings, and 4.7x/3.7x FY21E/FY22E EV/EBITDA. The stock is trading at a discount to its last six years EV/EBITDA multiple of 4.4x. Given the near term headwinds both in inorganic chemicals and textile segments, we do not expect re-rating in the near term and stock is likely to trade at a discount to its historical multiples. Hence, we recommend SELL (earlier ADD), with a revised target price of Rs140 (earlier Rs110).
... Read more
22-May-20
Price @ Call: 100.23
Target: 110
ADD
We expect soda ash segment performance to be impacted in the near term due to lower volume and decline in realisation. In addition, textile segment is also expected to report subdued performance impacted by COVID-19, slowdown in the U.S economy and changing consumer preferences. As a result, we have revised our EPS estimates downwards to Rs 22.1 (earlier Rs33.7) and Rs30.2 (earlier Rs35.9) for FY21E and FY22E, respectively. The stock is currently trading at 4.4x/3.2x FY21E/FY22E earnings, respectively, which is at discount to its historical average forward multiples of 5x. Given the near term headwinds both in inorganic chemicals and textile segments, we do not expect re-rating in the near term and stock is likely to trade at a discount to its historical multiples. We recommend ADD (earlier BUY), with a revised target price of Rs110 (earlier 135), valuing stock at ~30% discount to its historical multiples on FY21E earnings.
... Read more

GHCL Share Price Target - Broker Reports - 2019

24-Oct-19
Price @ Call: 220.7
Target: 254
BUY
GHCL is confident about the prospects for the Soda Ash segment, however global slowdown has impacted the demand scenario. The soda ash market in India is expected to grow at 4%, however, incremental supply and rising imports are expected to weigh on prices. Given the benefit of brownfield expansion, we expect soda ash segment to continue to deliver strong performance going ahead, at the same time the segment margin is expected to decline in the coming quarters from the levels of 33% in 2QFY20, as against management expectation of 30-32%. In addition, weak spinning market will weigh on earnings in 3QFY20, benefit of higher cotton crop is expected to come from 4QFY20 onwards, post which we might see some improvement in the margin of the textile segments. Though we expect near term headwinds likely to weigh on earnings, but current valuation of 6.0x/5.2x FY19E/FY20E earnings, stock offers 16% upside, given its last four years average multiple of 6x. Hence, we recommend BUY (earlier ADD), with an unchanged target price of Rs254.
... Read more
30-Jul-19
Price @ Call: 217.3
Target: 240
ADD
Given the benefit of brownfield expansion, we expect soda ash segment to continue to deliver strong performance going ahead, at the same time the segment margin is expected to decline in the coming quarters from the levels of 30%. In addition, near term headwinds in the textile segment is likely to weigh on overall earnings. At CMP, the stock is trading at 6.1x/5.5x FY19E/FY20E earnings. We continue to maintain ADD rating on the stock, with a target price of Rs240 (earlier Rs265), valuing at its last four years average multiple of 6x.
... Read more
20-Jun-19
Price @ Call: 235.35
Target: 265
ADD
We have marginally revised our estimates downwards to Rs41.1 (earlier Rs43.8) and Rs44.7 (earlier Rs45.5) for FY20E and FY21E, respectively, as we lower our soda ash realisation marginally, factoring incremental supply in 2HFY20, both in domestic as well as globally. At CMP, the stock is trading at 5.7x/5.3x FY20E/FY21E earnings. We maintain our ADD rating, with a revised target price of Rs265 (earlier Rs272).
... Read more
1-May-19
Price @ Call: 252.31
Target: 272
ACCUMULATE
23-Jan-19
Price @ Call: 255.25
Target: 270
ACCUMULATE

GHCL Share Price Target - Broker Reports - 2018

17-Sep-18
Price @ Call: 252.5
Target: 330
BUY
19-Jul-18
Price @ Call: 250.5
Target: 330
BUY
29-Jun-18
Price @ Call: 266.55
Target: 330
BUY
27-Apr-18
Price @ Call: 275.82
Target: 330
BUY
6-Feb-18
Price @ Call: 304.75
Target: 365
BUY
18-Jan-18
Price @ Call: 337.74
Target: 365
BUY

GHCL Share Price Target - Broker Reports - 2017

2-Nov-17
Price @ Call: 228.65
Target: 325
BUY

GHCL Share Price Target - Broker Reports - 2016

18-Aug-16
Price @ Call: 262.2
Target: 400
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • GHCL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3322.25
    Upside Target 2317.75
    Upside Target 1311.2
    Pivot306.7
    Downside Target 1300.15
    Downside Target 2295.65
    Downside Target 3289.1
  • GHCL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3342.17
    Upside Target 2329.78
    Upside Target 1317.22
    Pivot304.83
    Downside Target 1292.27
    Downside Target 2279.88
    Downside Target 3267.32
  • GHCL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3334.88
    Upside Target 2315.72
    Upside Target 1293.53
    Pivot274.37
    Downside Target 1252.18
    Downside Target 2233.02
    Downside Target 3210.83
  • GHCL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3317.75
    Upside Target 2313.53
    Upside Target 1310.92
    Pivot306.7
    Downside Target 1302.48
    Downside Target 2299.87
    Downside Target 3295.65
  • GHCL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3329.78
    Upside Target 2320.25
    Upside Target 1314.36
    Pivot304.83
    Downside Target 1295.3
    Downside Target 2289.41
    Downside Target 3279.88
  • GHCL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3315.72
    Upside Target 2299.92
    Upside Target 1290.16
    Pivot274.37
    Downside Target 1258.57
    Downside Target 2248.81
    Downside Target 3233.02
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