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ESAB India jumps on getting nod to invest in Special Purpose Vehicle Esab India is currently trading at Rs. 3659.80, up by 55.95 points or 1.55% from its previous closing of Rs. 3603.85 on the BSE. The scrip opened at Rs. 3629.75 and has touched a high and low of Rs. 3681.20 and Rs. 3613.25 respectively. So far 435 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4304.35 on 03-Jan-2023 and a 52 week low of Rs. 2999.15 on 28-Mar-2022. Last one week high and low of the scrip stood ...
ESAB India jumps on getting nod to invest in Special Purpose Vehicle
ESAB India jumps on getting nod to invest in Special Purpose Vehicle
Source: Accord Fintech
24/03/2023 2:22:05 PM
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance We had initiated coverage on Esab India Ltd. with a BUY rating on 16 Feb.2022 at Rs.3000 for a target price of Rs. 3657 showcasing an upside of ~22%. With the recent run-up in the share price and considering the volatility in the market, we recommend our investors to book profits at the current price as we close our coverage on the company At CMP of Rs.3699, the stock has generated ~24% returns from our initiating recommendation & achieved our target. We close our call & change ...
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance
Source: Sushil Finance Ltd
6/05/2022 8:40:32 AM
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance Oncoming tailwinds for the industry to benefit the company The welding industry plays an essential role in many industries such as the automotive industry, the construction industry, the aviation industry and many more. It plays a critical role in all manufacturing, construction and fabrication activities that involve metals. The global welding industry’s size was pegged to be USD 20.23 Billion in 2020 and is projected to grow from USD 20.99 Billion in 2021 to USD 28.66 Billion in 20...
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance
Buy ESAB India Ltd Target Rs.3,657 - Sushil Finance
Source: Sushil Finance Ltd
16/02/2022 3:25:01 PM
Buy Esab India Ltd For Target Rs.2,850 - ICICI Direct Strong performance across key segments… About the stock: Esab India (EIL) is a leading player in welding consumables (~23% market share) and equipment (~30% market share in domestic equipment). Welding consumables contributes ~70% followed by welding equipment (30%). * EIL has witnessed strong RoCE & positive free cash flows consistently in consumables over last few years irrespective of the macro environment * It has consistently operated with 10-14% margins and better r...
Buy Esab India Ltd For Target Rs.2,850 - ICICI Direct
Buy Esab India Ltd For Target Rs.2,850 - ICICI Direct
Source: ICICI Direct Ltd
4/12/2021 11:02:10 AM
Esab India Q1 net profit zooms 183.82% at Rs 20.35 cr The company reported standalone net profit of Rs 20.35 crore for the quarter ended June 30, 2021 as compared to Rs 7.17 crore in the same period last year, registering a year-on-year growth of 183.82 per cent. Net revenue of the company rose substantially by 45.75 per cent at Rs 181.18 crore in April-June quarter of this fiscal as against Rs 124.31 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 33.70 per cent to Rs 153.07 crore from Rs ...
Esab India Q1 net profit zooms 183.82% at Rs 20.35 cr
Esab India Q1 net profit zooms 183.82% at Rs 20.35 cr
Source: Accord Fintech
13/08/2021 12:12:54 PM
Buy Esab India Ltd For Target Rs. 2230 - ICICI Direct Decent performance amid challenges... Esab India reported a decent set of Q4FY21 numbers on the revenue front at | 207 crore, up 18.3% YoY, 12.5% QoQ owing to a gradual revival in infrastructure, automotive, engineering and metals sectors. EBITDA came in at | 28.8 crore, up 15.3% YoY while EBITDA margins came in at 13.9%, declining 40 bps YoY while improving 320 bps QoQ. Gross margins declined 300 bps to 36.4% YoY while they improved 160 bps QoQ, primarily due to higher raw material cost i...
Buy Esab India Ltd For Target Rs. 2230 - ICICI Direct
Buy Esab India Ltd For Target Rs. 2230 - ICICI Direct
Source: ICICI Direct
16/06/2021 10:13:38 AM