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ICIL Share Price Target

Indo Count Industries Ltd.
NSE: ICIL | BSE: 521016 | ISIN: INE483B01026 | Sector: Textiles

ICIL Rating

1.5/5 (2 Ratings)
ICIL Share Price *
61.05 +4.95 (8.82%)
* (quote may be delayed)

2 ICIL share price target reports by brokerages below. See what is analyst's view on ICIL 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 ICIL share price target tomorrow or next week from ICIL discussion forum.

ICIL Share Price Forecast - Consensus
No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
40.00
Consensus Potential
-40.60%

ICIL Share Price Target - Broker Reports - 2019

13-Aug-19
Price @ Call: 39.7
Target: 38
SELL
We have factored in impact of lower volumes and higher working capital in our estimates. Based on FY20E/21E revised EPS of 4.6/4.7, the stock is trading at PE of 8.7x/8.4x, respectively. Despite improved headline numbers in Q1FY20, we do not see any major turnaround in the margin and returns ratios profile in medium term. Hence, we discontinue our coverage on the stock with Sell rating(Vs Reduce) and revised target price of Rs 38 (Vs Rs 42 earlier), valuing the stock at 8x FY21E EPS.
... Read more

27-May-19
Price @ Call: 42.7
Target: 42
REDUCE
We have factored in higher raw material prices, increased incentives and volume guidance in our estimates for FY20E. We have revised FY20E EPS to Rs 4.6 (Vs Rs 4.9) and introduced estimates for FY21E at Rs 5.2, Based on FY20E/21E EPS, the stock is trading at PE of 9.3x/8.2x, respectively. We maintain Reduce on the stock with revised target price of Rs 42 (vs Rs 39 earlier), valuing the stock at 8x FY21E EPS (as we roll forward to FY21E).
... Read more

ICIL Share Price Target - Broker Reports - 2018

6-Nov-18
Price @ Call: 63.7
Target: 72
NEUTRAL

7-Aug-18
Price @ Call: 83.69
Target: 103
BUY

7-Aug-18
Price @ Call: 82.15
Target: 93
NEUTRAL

7-May-18
Price @ Call: 84.69
Target: 134
BUY

8-May-18
Price @ Call: 83.75
Target: 103
BUY

8-May-18
Price @ Call: 84.69
Target: 95
NEUTRAL

22-Feb-18
Price @ Call: 99.25
Target: 135
BUY

20-Feb-18
Price @ Call: 104.5
Target: 140
BUY

20-Feb-18
Price @ Call: 104.5
Target: 117
NEUTRAL

ICIL Share Price Target - Broker Reports - 2017

1-Dec-17
Price @ Call: 118.2
Target: 128
NEUTRAL

27-Nov-17
Price @ Call: 128.3
Target: 142
ACCUMULATE

14-Aug-17
Price @ Call: 115.3
Target: 145
BUY

16-May-17
Price @ Call: 194
Target: 229
BUY

17-May-17
Price @ Call: 198
Target: 214
BUY

13-Feb-17
Price @ Call: 169
Target: 202
BUY

ICIL Share Price Target - Broker Reports - 2016

11-May-16
Price @ Call: 192
Target: 270
BUY

18-Oct-16
Price @ Call: 149.85
Target: 211.4
BUY

29-Aug-16
Price @ Call: 167.14
Target: 260
BUY

  • ICIL - Share Price Target Potential

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    BrokerageTargetPotential
    Kotak Securities38-47.63%
  • ICIL Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 368.13
    Upside Target 264.82
    Upside Target 162.93
    Pivot59.62
    Downside Target 157.73
    Downside Target 254.42
    Downside Target 352.53
  • ICIL Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 382.1
    Upside Target 272.65
    Upside Target 165.2
    Pivot55.75
    Downside Target 148.3
    Downside Target 238.85
    Downside Target 331.4
  • ICIL Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 381.15
    Upside Target 273.05
    Upside Target 163.15
    Pivot55.05
    Downside Target 145.15
    Downside Target 237.05
    Downside Target 327.15
  • ICIL Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 364.82
    Upside Target 262.83
    Upside Target 161.6
    Pivot59.62
    Downside Target 157.63
    Downside Target 256.4
    Downside Target 354.42
  • ICIL Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 372.65
    Upside Target 266.19
    Upside Target 162.21
    Pivot55.75
    Downside Target 149.29
    Downside Target 245.31
    Downside Target 338.85
  • ICIL Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 373.05
    Upside Target 266.17
    Upside Target 161.93
    Pivot55.05
    Downside Target 148.17
    Downside Target 243.93
    Downside Target 337.05
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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