forum

NDL Share Price Target

Nandan Denim Ltd.
Sector: Textiles
... Read more
NDL Share Price *
36.5 -0.15 (-0.41%)
* (quote may be delayed)
NDL Share Price Forecast - Consensus
No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
40.50
Consensus Potential
9.49%

NDL Share Price Target - Broker Reports - 2019

Karvy Stock Broking
7-Jun-19
Price @ Call: 45.45
Target: 41
SELL
Due to the uncertainty in the time frame regarding he narrowing of demand and supply, we have factored in realization (near to the realizations seen over FY14-15) and volume growth on a conservative basis (~4% in the period FY19-21E). Thesubsidy and GST credit benefits continue to keep the bottomline in a safety zone inthe current scenario. The stock trades at a 1 year forward P/E of 6.6x. On the back of low growth and return ratios expectation, we value the stock at a P/E 5x (above average -1sd (3.5x) over the last 5 years) on FY21E EPS of Rs. 8.1 and arrive at a target price of Rs. 41. Key risks are faster than anticipated pickup in demand and softening of cotton prices.
... Read more

Karvy Stock Broking
15-Feb-19
Price @ Call: 42.7
Target: 40
SELL

NDL Share Price Target - Broker Reports - 2017

GEPL Capital
10-Jan-17
Price @ Call: 117
Target: 140
BUY

  • NDL - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    Karvy Stock Broking4110.61%