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Manas Jaiswal of manasjaiswal.com has a buy call on Indo Count Industries Ltd.
with a target price of Rs 97.0 .
The current market price of Indo Count Industries Ltd.
is Rs 88.4 Time period given by analyst is Intra Day when Indo Count Industries Ltd.
price can reach defined target.
Manas Jaiswal recommended to keep stoploss at Rs 82.
Indo Count Industries Ltd., incorporated in 1988, is a smallcap company with a market cap of Rs 1700.60 crore.
Indo Count Industries Ltd.
key Products/Revenue Segments include Textile Goods which contributed Rs 1800.98 Crore to Sales Value (90.51 % of Total Sales), Export Incentives which contributed Rs 188.60 Crore to Sales Value (9.47 % of Total Sales), Sale of services which contributed Rs .02 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 30-06-2018, the company has reported a Standalone sales of Rs 440.25 Crore, up 8.45 % from last quarter Sales of Rs 405.94 Crore and up 10.22 % from last year same quarter Sales of Rs 399.42 Crore Company has reported net profit after tax of Rs 28.80 Crore in latest quarter.
The company’s top management includes Dr.(Mrs.)Vaijayanti Pandit, Mr.Anil Kumar Jain, Mr.Dilip J Thakkar, Mr.Kailash R Lalpuria, Mr.Kamal Mitra, Mr.Mohit Jain, Mr.P N Shah, Mr.Prem Malik, Mr.R Anand, Mr.Sushil Kumar Jiwarajka.
Company has Suresh Kumar Mittal Co.
as its auditoRs As on 30-06-2018, the company has a total of 197,399,670 shares outstanding.
