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ICIL Share Price Target
Indo Count Industries Ltd.
Sector: Textiles
Sector: Textiles
ICIL Share Price *
49.9 +2.4 (5.05%)
* (quote may be delayed)
ICIL Share Price Forecast - Consensus
| No. of reports in last year | 3 |
| No. of analysts | 2 |
| Average Consensus Forecast | 50.67 |
| Consensus Potential | -1.36% |
ICIL Share Price Target - Broker Reports - 2019
Kotak Securities
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.
Kotak Securities
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).
ICIL Share Price Target - Broker Reports - 2018
Motilal Oswal
6-Nov-18
Price @ Call: 63.7
Target: 72
NEUTRAL
Motilal Oswal
7-Aug-18
Price @ Call: 82.15
Target: 93
NEUTRAL
Kotak Securities
7-Aug-18
Price @ Call: 83.69
Target: 103
BUY
Motilal Oswal
8-May-18
Price @ Call: 84.69
Target: 95
NEUTRAL
Kotak Securities
8-May-18
Price @ Call: 83.75
Target: 103
BUY
JM Financial
7-May-18
Price @ Call: 84.69
Target: 134
BUY
Kotak Securities
22-Feb-18
Price @ Call: 99.25
Target: 135
BUY
Motilal Oswal
20-Feb-18
Price @ Call: 104.5
Target: 117
NEUTRAL
JM Financial
20-Feb-18
Price @ Call: 104.5
Target: 140
BUY
ICIL Share Price Target - Broker Reports - 2017
Motilal Oswal
1-Dec-17
Price @ Call: 118.2
Target: 128
NEUTRAL
Kotak Securities
27-Nov-17
Price @ Call: 128.3
Target: 142
ACCUMULATE
Kotak Securities
14-Aug-17
Price @ Call: 115.3
Target: 145
BUY
KRChoksey
17-May-17
Price @ Call: 198
Target: 214
BUY
Motilal Oswal
16-May-17
Price @ Call: 194
Target: 229
BUY
Systematix Shares & Stocks
13-Feb-17
Price @ Call: 169
Target: 202
BUY
ICIL Share Price Target - Broker Reports - 2016
CD Equisearch
18-Oct-16
Price @ Call: 149.85
Target: 211.4
BUY
JM Financial
29-Aug-16
Price @ Call: 167.14
Target: 260
BUY
JM Financial
11-May-16
Price @ Call: 192
Target: 270
BUY