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    Buy Galaxy Surfactants, target price Rs 3360: Axis Securities

    Synopsis

    Galaxy Surfactants Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 10752.01 Crore) operating in Chemicals sector.

    buyiStock
    Promoters held 70.93 per cent stake in the company as of 31-Mar-2022, while FIIs owned 1.89 per cent, DIIs 13.78 per cent.
    Axis Securities has buy call on Galaxy Surfactants with a target price of Rs 3360. The current market price of Galaxy Surfactants is Rs 3030.1. Time period given by analyst is 4 weeks when Galaxy Surfactants Ltd. price can reach defined target.

    Galaxy Surfactants Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 10752.01 Crore) operating in Chemicals sector.

    Galaxy Surfactants Ltd. key Products/Revenue Segments include Other Operating Revenue and Scrap for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 1054.13 Crore, up 13.24 % from last quarter Total Income of Rs 930.85 Crore and up 34.10 % from last year same quarter Total Income of Rs 786.10 Crore. Company reported net profit after tax of Rs 98.40 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 70.93 per cent stake in the company as of 31-Mar-2022, while FIIs owned 1.89 per cent, DIIs 13.78 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    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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