Stock Idea - Stove Kraft Ltd by Mr. Amarjeet Maurya, Angel Broking Ltd
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Below are Quote on Stock Idea - Stove Kraft Ltd by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
Stove Kraft: CMP-Rs608 Target Price:-Rs752
Stove Kraft Ltd (SKL) is engaged in the business of manufacturing & selling Kitchen & Home appliances products like pressure cookers, LPG stoves, non-stick cookware etc. under the brand name of 'Pigeon' and 'Gilma'.Over the 2-3, the company has outperformed its peer in terms of sales growth in the Cookers & Cookware segment. Going forward, we expect SKL to report healthy top-line & bottom-line growth on the back of gaining market share, increase in penetration of cooking gas, new product launches, strong brand name & wide distribution network and healthy demand for kitchen product post Covid-19.
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