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HIRECT Share Price Target

Hind Rectifiers Ltd.
NSE: HIRECT | BSE: 504036 | ISIN: INE835D01023 | Sector: Electronics


5/5 (2 Ratings)
HIRECT Share Price *
181.25 -2.7 (-1.47%)
* (quote may be delayed)

2 HIRECT share price target reports by brokerages below. See what is analyst's view on HIRECT 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.

You can also find HIRECT share price target tomorrow or next week from HIRECT discussion forum.

HIRECT Share Price Forecast - Consensus
No. of reports in last year
No. of analysts
Average Consensus Forecast
Consensus Potential

HIRECT Share Price Target - Broker Reports - 2019

Price @ Call: 129.09
Target: 165
We remain positive on HRL’s ability to improve its product mix, timely execute orders and scale up its new products to enable profitable future growth. Although there has been some slowdown in tendering activities during Q1 amid general elections, the management sees these as temporary and expects a revival within a month or so. We introduce FY21E estimates for the company. Overall, we estimate topline, EBITDA and PAT growth at a CAGR of 16%, 33% and 42%, respectively. We reiterate our BUY recommendation on the stock with a target price of | 165 based on an estimated FY21E EPS of | 14.4/share.
... Read more

Price @ Call: 113.32
Target: 150
Continued momentum in tendering by Indian Railways & aggressive order wins for HRL, timely execution, change in product mix & scalability of new products are expected to drive the company’s profitability. Accordingly, we estimate topline growth of 2.4x with EBITDA growing 3.9x and PAT reporting multi-fold growth of 13.3x for HRL over FY18-20E. We value HRL at 14x P/E on an estimated EPS of ~Rs 10.6/share (FY20E) with a target price of Rs 150. We have a BUY recommendation on the company.
... Read more

  • HIRECT - Share Price Target Potential

  • HIRECT Share Price Target Today- Technical Pivot Points (Classic)

    Upside Target 3192.77
    Upside Target 2189.88
    Upside Target 1185.57
    Downside Target 1178.37
    Downside Target 2175.48
    Downside Target 3171.17
  • HIRECT Share Price Target weekly- Technical Pivot Points (Classic)

    Upside Target 3239.83
    Upside Target 2225.42
    Upside Target 1204.03
    Downside Target 1168.23
    Downside Target 2153.82
    Downside Target 3132.43
  • HIRECT Share Price Target monthly- Technical Pivot Points (Classic)

    Upside Target 3341.9
    Upside Target 2305.45
    Upside Target 1280.1
    Downside Target 1218.3
    Downside Target 2181.85
    Downside Target 3156.5
  • HIRECT Share Price Target today- Technical Pivot Points (Fibonacci)

    Upside Target 3189.88
    Upside Target 2187.13
    Upside Target 1185.43
    Downside Target 1179.93
    Downside Target 2178.23
    Downside Target 3175.48
  • HIRECT Share Price Target weekly- Technical Pivot Points (Fibonacci)

    Upside Target 3225.42
    Upside Target 2211.74
    Upside Target 1203.29
    Downside Target 1175.94
    Downside Target 2167.49
    Downside Target 3153.82
  • HIRECT Share Price Target monthly- Technical Pivot Points (Fibonacci)

    Upside Target 3305.45
    Upside Target 2281.84
    Upside Target 1267.26
    Downside Target 1220.04
    Downside Target 2205.46
    Downside Target 3181.85
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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