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    Buy Schneider Electric Infrastructure, target price Rs 236: LKP Securities

    Synopsis

    Schneider Electric Infrastructure Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 4192.69 Crore) operating in Electric/Electronics sector.

    BuyThinkStock Photos
    Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.27 per cent, DIIs 2.2 per cent.
    LKP Securities has buy call on Schneider Electric Infrastructure with a target price of Rs 236. The current market price of Schneider Electric Infrastructure is Rs 175.25.

    Schneider Electric Infrastructure Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 4192.69 Crore) operating in Electric/Electronics sector.

    Schneider Electric Infrastructure Ltd. key Products/Revenue Segments include Electrical Equipment, Income from Project Development, Sale of services, Scrap and Export Incentives for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-06-2022, the company reported a Standalone Total Income of Rs 371.98 Crore, up 8.42 % from last quarter Total Income of Rs 343.10 Crore and up 28.46 % from last year same quarter Total Income of Rs 289.56 Crore. Company reported net profit after tax of Rs 26.52 Crore in latest quarter.

    Investment Rationale
    Its strong presence in Infrastructure, Power, Building, Industry and IT segments, coupled with its ability to offer services cutting across these segments, provides a distinctive advantage to serve its customers, further supported by strong parental support.

    Promoter/FII Holdings
    Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.27 per cent, DIIs 2.2 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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