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Buy La Opala RG Ltd For Target Rs.484 - Centrum Broking Healthy growth trajectory continues La Opala clocked best quarter in terms of sales and profitability. Sales stood at Rs1349m (+46% YoY), EBITDA of Rs532mn (+50% YoY) and PBT of Rs516mn (+42%). Sales, EBITDA and PAT grew at CAGR of 26/25/16% respectively over 2QFY20-23. Durga Puja and Diwali this year were earlier than last year. Hence the impact of festival sales was larger in 2QFY23 vs. last year. Also, the newly commenced (in June’22) opalware facility of 11,000tn contributed to t...
Buy La Opala RG Ltd For Target Rs.484 - Centrum Broking
Buy La Opala RG Ltd For Target Rs.484 - Centrum Broking
Source: Centrum Broking Ltd
9/12/2022 12:02:40 PM
Midcaps : Companies with mid premium, urban bent to perform better From our retail universe we expect companies catering largely to the urban population and operating in mid premium segment to outperform its peers. Metro Brands, Trent and Page are expected to register healthy YoY growth as the impact of inflation on the target consumer audience of these companies is least as of now. Also, the strong brand strength has allowed these companies to pass on the RM inflation with relative ease during last year. From our building materials universe we expect PVC pi...
Midcaps : Companies with mid premium, urban bent to perform better
Midcaps : Companies with mid premium, urban bent to perform better
Source: Centrum Broking
11/10/2022 5:33:31 PM
Buy La Opala RG Ltd For Target Rs.442- centrum broking Strong growth path to continue La Opala clocked sales of Rs820m (+155% YoY), EBITDA of Rs327mn (+243% YoY) and PBT of Rs276mn (+139%). Sales and EBITDA grew at CAGR of 12/10% while PAT remained flat over 1QFY20-23. Gross margins and EBITDA margins stood at 92% and 40% respectively. GM usually stands at elevated level in 1Q as company manufactures higher white plate inventory for the upcoming festive season. As a result change in inventories is usually negative leading to higher GM. Capacit...
Buy La Opala RG Ltd For Target Rs.442- centrum broking
Buy La Opala RG Ltd For Target Rs.442- centrum broking
Source: Centrum Broking Ltd
18/08/2022 10:38:17 AM
La Opala RG surges on starting commercial production of Green Field Plant in Uttarakhand La Opala RG is currently trading at Rs. 269.50, up by 3.35 points or 1.26% from its previous closing of Rs. 266.15 on the BSE. The scrip opened at Rs. 272.00 and has touched a high and low of Rs. 277.55 and Rs. 266.00 respectively. So far 12198 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 487.00 on 27-Dec-2021 and a 52 week low of Rs. 241.95 on 25-May-2022. Last one week high and low of the scrip stood at Rs....
La Opala RG surges on starting commercial production of Green Field Plant in Uttarakhand
La Opala RG surges on starting commercial production of Green Field Plant in Uttarakhand
Source: Accord Fintech
2/06/2022 12:40:50 PM
'Buy' Star Cement, La Opala, Can Fin Homes, 'sell' Colgate Palmolive: Centrum Broking Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares of Star Cement, La Opala RG, and Can Fin Homes. The cement maker Star Cement's volumes had seen an uptick with ramping up of two metric tonnes new grinding unit at West Bengal's Siliguri. Besides, capital expenditure plan of Rs 17-18 billion in next three years may augur for the company, it added. The brokerage recommended the investors to 'buy' Star Cement with a target pr...
'Buy' Star Cement, La Opala, Can Fin Homes, 'sell' Colgate Palmolive: Centrum Broking
'Buy' Star Cement, La Opala, Can Fin Homes, 'sell' Colgate Palmolive: Centrum Broking
Source: IANS
29/01/2022 9:32:10 AM
Buy La Opala Ltd For Target Rs.425 - Monarch Networth Capital Excellent Quarter We maintain a BUY rating on the stock and increase our target price to Rs.425 (Rs.400). The Company reported a revenue growth ahead of estimates. The demand for Opalware products is witnessing a huge spurt on the back of robust consumer sentiments and strong growth across all channels. Channel checks suggest MoM improvement in demand conditions and this is expected to continue going forward. We believe demand inflection for Opalware products is already underway as it tran...
Buy La Opala Ltd For Target Rs.425 - Monarch Networth Capital
Buy La Opala Ltd For Target Rs.425 - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
8/11/2021 2:42:38 PM
Buy LA Opala Ltd For Target Rs.400 - Monarch Networth Plant visit takeaways - “Simplicity is the ultimate sophistication” During our recent visit to La Opala’s Sitarganj (Uttarakhand) plant, it was evident that the company has been effectively managing its production with the help of technology. La Opala uses state of the art equipment which have been sourced from the best manufacturers globally. We continue to believe that the demand for Opalware products is at an inflection point, with increasing awareness among consumers ...
Buy LA Opala Ltd For Target Rs.400 - Monarch Networth
Buy LA Opala Ltd For Target Rs.400 - Monarch Networth
Source: Monarch Networth Capital Ltd
29/09/2021 3:04:40 PM
Update On La Opala Rg Ltd, Target Price 400 By Monarch Networth Key MeetingTakeaways * Sales recovery has been good from July – Expect Q2 to be healthy. The company highlighted that an absence of Wave III disruption may lead to robust FY22. * Gifting and catering, traditionally important revenue generators, were impacted by COVID. However, during COVID, other segments, mainly retail, have significantly picked up pace. * Opalware products have significantly grown in the past few years as they are available at reasonable and affordable prices...
Update On La Opala Rg Ltd, Target Price 400 By Monarch Networth
Update On La Opala Rg Ltd, Target Price 400 By Monarch Networth
Source: Monarch Networth Capital Ltd
27/09/2021 12:07:35 PM
Buy La Opala RG Ltd For Target Rs.400 - Monarch Networth Capital Recovery Mode on We maintain a BUY rating on the stock and increase our target price to Rs.400 (Rs.380). The company reported revenue growth ahead of our estimates. We believe demand inflection of Opalware is already underway as it transforms its image from a luxury to an aspiration if not a necessity. During the truncated quarter, La Opala’s performance was better than anticipated; a testament to the brand pedigree, the company saw recovery across all the channel verticals. With ...
Buy La Opala RG Ltd For Target Rs.400 - Monarch Networth Capital
Buy La Opala RG Ltd For Target Rs.400 - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
18/08/2021 10:26:06 AM
MTF Stock Pick Buy La Opala Rg Limited For Target Rs. 312 - HDFC Securities MTF Stock Pick Buy La Opala Rg Limited For Target Rs. 312 - HDFC Securities  TECHNICAL OBSERVATIONS * After a sharp upmove in the later part of May 21, the stock price has shifted into a larger consolidation pattern over the last 7-8 weeks. * The stock price has moved up recently and is making an attempt to move above the crucial overhead resistance of down sloping trend line at Rs 295 levels. * A sustainable move above Rs 295 could als...
MTF Stock Pick Buy La Opala Rg Limited For Target Rs. 312 - HDFC Securities
MTF Stock Pick Buy La Opala Rg Limited For Target Rs. 312 - HDFC Securities
Source: HDFC Securities Ltd
2/08/2021 12:14:45 PM
MTF Stock Pick  Buy La Opala Rg​​​​​​​ Ltd For Target Rs. 350 - HDFC Securities MTF Stock Pick  Buy La Opala Rg Ltd For Target Rs. 350 - HDFC Securities  TECHNICAL OBSERVATIONS * Stock price has already broken out on the daily and weekly chart by closing above 250 levels * Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA * Oscillators like RSI and MFI is showing strength in the current uptrend of the stock * Plus, DI is trading above -DI while ADX line is placed above 2...
MTF Stock Pick  Buy La Opala Rg​​​​​​​ Ltd For Target Rs. 350 - HDFC Securities
MTF Stock Pick  Buy La Opala Rg​​​​​​​ Ltd For Target Rs. 350 - HDFC Securities
Source: HDFC Securities Ltd
2/06/2021 2:57:46 PM