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    Buy Astec Lifesciences, target price Rs 1575: ICICI Direct

    Synopsis

    Astec Lifesciences Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 2678.41 Crore) operating in Pesticides/Agro Chemicals sector.

    buyGetty Images
    Promoters held 65.2 per cent stake in the company as of 30-Sep-2021, while FIIs owned 0.22 per cent, DIIs 12.2 per cent.
    ICICI Direct has buy call on Astec Lifesciences with a target price of Rs 1575. The current market price of Astec Lifesciences Ltd. is Rs 1364.

    Time period given by analyst is one year when Astec Lifesciences Ltd. price can reach defined target.

    Astec Lifesciences Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 2678.41 Crore) operating in Pesticides/Agro Chemicals sector.

    Astec Lifesciences Ltd. key Products/Revenue Segments include Agrochemicals for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 103.47 Crore, down -20.07 % from last quarter Total Income of Rs 129.46 Crore and down -34.03 % from last year same quarter Total Income of Rs 156.85 Crore. Company reported net profit after tax of Rs 9.08 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 65.2 per cent stake in the company as of 30-Sep-2021, while FIIs owned 0.22 per cent, DIIs 12.2 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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