Buy SREI Infrastructure Finance, target Rs 36: Jay Thakkar

INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a buy call on SREI Infrastructure Finance Ltd
with a target price of Rs 36.0 The current market price of SREI Infrastructure Finance Ltd
is Rs 33.85
Time period given by the analyst is Intra Day when SREI Infrastructure Finance Ltd
price can reach the defined target
Jay Thakkar recommended to keep stoploss at Rs 32
SREI Infrastructure Finance Ltd., incorporated in 1985, is a smallcap company with a market cap of Rs 1700.43 crore. SREI Infrastructure
Finance Ltd
key Products/Revenue Segments include Other Services which contributed Rs 1615.06 Crore to Sales Value (91.33 % of Total Sales), Lease
Rentals which contributed Rs 47.22 Crore to Sales Value (2.67 % of Total Sales), Income From Sale Of Share Securities which contributed Rs
45.88 Crore to Sales Value (2.59 % of Total Sales), Fees Other Charges which contributed Rs 34.54 Crore to Sales Value (1.95 % of Total
Sales) and Interest which contributed Rs 25.61 Crore to Sales Value (1.44 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1667.90 Crore, up 13.63 % from last quarter Sales of
Rs 1467.84 Crore and up 33.13 % from last year same quarter Sales of Rs 1252.82 Crore Company has reported net profit after tax of Rs 110.94
Crore in latest quarter
The company’s top management includes Dr.Punita Kumar Sinha, Mr.Balaji Viswanathan Swaminathan, Mr.Hemant Kanoria, Mr.Malay Mukherjee,
Mr.Ram Krishna Agarwal, Mr.Shyamalendu Chatterjee, Mr.Srinivasachari Rajagopal, Mr.Sunil Kanoria
Company has Haribhakti Co
LLP as its auditoRs As on 30-09-2018, the company has a total of 503,086,333 shares outstanding.