The Economic Times daily newspaper is available online now.

    Buy Gokaldas Exports, target price Rs 575: Emkay Global

    Synopsis

    Gokaldas Exports Ltd. key Products/Revenue Segments include Textile Apparels, Export Incentives, Scrap, Job Work for the year ending 31-Mar-2021.

    Gokaldas ExportsAgencies
    Promoters held 24.09 per cent stake in the company as of 31-Mar-2022, while FIIs owned 11.03 per cent, DIIs 27.2 per cent.
    Emkay Global has buy call on Gokaldas Exports Ltd. with a target price of Rs 575. The current market price of Gokaldas Exports is Rs 358.

    Gokaldas Exports Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 2091.32 Crore) operating in Apparels sector.

    Gokaldas Exports Ltd. key Products/Revenue Segments include Textile Apparels, Export Incentives, Scrap, Job Work for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 576.32 Crore, down -5.94 % from last quarter Total Income of Rs 612.69 Crore and up 29.22 % from last year same quarter Total Income of Rs 446.00 Crore. Company reported net profit after tax of Rs 45.80 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 24.09 per cent stake in the company as of 31-Mar-2022, while FIIs owned 11.03 per cent, DIIs 27.2 per cent.



    (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
    (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


    (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
    The Economic Times

    Stories you might be interested in