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Visaka Industries Ltd: Near-term cost pressure persist; retaining a Buy - Anand Rathi Share and Stock Brokers Buy Visaka Industries Ltd For Target Rs . 665 Near-term cost pressure persist; retaining a Buy Geo-political tensions continued to pile pressure (high input costs) on Visaka’s operating performance. Consistent demand in Q2, however, helped revenue grow 24% y/y though EBITDA fell 41% y/y. While nearterm cost pressures would persist, greater focus on the non asbestos share, expected market-share gains in AC sheets and the firm B/S are key positives. We retain our Buy rating, at...
Visaka Industries Ltd: Near-term cost pressure persist; retaining a Buy - Anand Rathi Share and Stock Brokers
Visaka Industries Ltd: Near-term cost pressure persist; retaining a Buy - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers Ltd
10/11/2022 11:39:18 AM
Visaka Industries zooms on starting commercial production at new panel unit in Tamilnadu Visaka Industries is currently trading at Rs. 511.00, up by 18.65 points or 3.79% from its previous closing of Rs. 492.35 on the BSE. The scrip opened at Rs. 497.85 and has touched a high and low of Rs. 514.10 and Rs. 497.85 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 873.55 on 02-Aug-2021 and a 52 week low of Rs. 434.90 on 21-Jun-2022. Last one week high and low of the scrip stood at Rs. 576.00 and Rs. 475.25 respectively. The...
Visaka Industries zooms on starting commercial production at new panel unit in Tamilnadu
Visaka Industries zooms on starting commercial production at new panel unit in Tamilnadu
Source: Accord Fintech
20/07/2022 3:03:55 PM
VISAKA Industries Ltd. Q4FY22 Results- highest ever annual operating revenues of 1416 crores, growth of 23.5% VISAKA Industries Ltd. Q4FY22 Results- highest ever annual operating revenues of 1416 crores, growth of 23.5%  Q4FY22 standalone revenue jumped 19% YoY stood at ₹421 crore as compared to 354 crores in Q4FY21 * Standalone EBIDTA for Q4FY22 is 55 crore and EBIDTA margin is 13% * Standalone PBT in Q4FY22 is ₹41 crore, PBT margin 10% * Standalone PAT for Q4FY22 is ₹30 crore and PAT margin is 7%   Hyderabad, 9th May 2022:&nbs...
VISAKA Industries Ltd. Q4FY22 Results- highest ever annual operating revenues of 1416 crores, growth of 23.5%
VISAKA Industries Ltd. Q4FY22 Results- highest ever annual operating revenues of 1416 crores, growth of 23.5%
Source: PR Agency
10/05/2022 11:53:12 AM
Visaka launches the first ever Net-Zero Sustainable Experience Centre, ATUM LIFE ATUM Life is a one-stop solution for all certified eco-friendly products. It is completely net-zero in terms of power consumption, self-sustainable, runs on ATUM Solar Roof power. The entire construction of the experience centre is made with extremely low carbon emitting products, hardly 36 kg of CO2 emissions per tonne Hyderabad, 6th May 2022: Visaka, a leading indigenous sustainable, eco-friendly building materials company, expands its horizons with the addition of a sustainabl...
Visaka launches the first ever Net-Zero Sustainable Experience Centre, ATUM LIFE
Visaka launches the first ever Net-Zero Sustainable Experience Centre, ATUM LIFE
Source: PR Agency
6/05/2022 5:20:53 PM
Visaka Industries climbs on getting patent for product ‘ATUM’ Solar Roof Visaka Industries is currently trading at Rs. 629.15, up by 6.35 points or 1.02% from its previous closing of Rs. 622.80 on the BSE. The scrip opened at Rs. 628.45 and has touched a high and low of Rs. 637.80 and Rs. 615.65 respectively. So far 1973 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 873.55 on 02-Aug-2021 and a 52 week low of Rs. 372.35 on 29-Dec-2020. Last one week high and low of the scrip stood ...
Visaka Industries climbs on getting patent for product ‘ATUM’ Solar Roof
Visaka Industries climbs on getting patent for product ‘ATUM’ Solar Roof
Source: Accord Fintech
29/12/2021 12:00:36 PM
Key News - Visaka Industries Ltd, ITC Ltd, BOC Aviation Ltd, Gokaldas Exports Ltd, Supriya Lifescience Ltd By ARETE Securities Key News ATUM Solar Roof - Designed, Innovated and Made in India - for the World - receives a Patent from USA Visaka Industries Limited has been granted a patent for its product "ATUM" Solar Roof by the United States of America Patent Office, which is valid for 20 years. The patent has been granted for the invention titled "Eco-Friendly Energy Generating Roofs.“ Since its launch in 2018, ATUM Solar Roof has received patents from India (2020), South Africa (2021) and...
Key News - Visaka Industries Ltd, ITC Ltd, BOC Aviation Ltd, Gokaldas Exports Ltd, Supriya Lifescience Ltd By ARETE Securities
Key News - Visaka Industries Ltd, ITC Ltd, BOC Aviation Ltd, Gokaldas Exports Ltd, Supriya Lifescience Ltd By ARETE Securities
Source: ARETE Securities Ltd
29/12/2021 9:30:56 AM
Visaka Industries jumps on entering into multiple new business segments Visaka Industries is currently trading at Rs. 701.00, up by 26.95 points or 4.00% from its previous closing of Rs. 674.05 on the BSE. The scrip opened at Rs. 700.00 and has touched a high and low of Rs. 716.60 and Rs. 690.10 respectively. So far 9740 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 716.60 on 27-May-2021 and a 52 week low of Rs. 161.65 on 27-May-2020. Last one week high and low of the scrip stood...
Visaka Industries jumps on entering into multiple new business segments
Visaka Industries jumps on entering into multiple new business segments
Source: Accord Fintech
27/05/2021 11:29:04 AM
Buy Visaka Industries Ltd For Target Rs.900 - ICICI Securities Superior execution to drive rerating Despite losses in ATUM and muted growth in the synthetic yarn segment, strong rural demand for Visaka’s (VSKI) ACS roofing sheet and sharp demand recovery in its Vnext segment helped the company report an all-time high PAT (Rs1.11bn) in FY21. Strong free cashflow generation (highest in 10 years) led to significant reduction in net debt (down to Rs0.4bn from Rs2.5bn YoY) amid sharp improvement in working capital (down to 83 vs 124 days YoY) leadin...
Buy Visaka Industries Ltd For Target Rs.900 - ICICI Securities
Buy Visaka Industries Ltd For Target Rs.900 - ICICI Securities
Source: ICICI Securities Ltd
24/04/2021 9:26:42 AM
Update On Visaka Industries Ltd By HDFC Securities Our Take Visaka Industries, for the last 4 decades, has been one of the leaders in cement asbestos based roofing solutions in India. Its flagship brands ‘Visaka”& “Shakti” command a strong brand patronage in Southern India and is mainly used in rural housing. It is No.2 player in this segment with a capacity of 802k MT (scaled-up its capacity by 22x in last 3.5 decades) commanding a Pan-India market share of 18%. Along with this on the building material side, it...
Update On Visaka Industries Ltd By HDFC Securities
Update On Visaka Industries Ltd By HDFC Securities
Source: HDFC Securities Ltd
16/03/2021 12:00:39 PM
Update On Visaka Industries Ltd By Sushil Finance We had initiated coverage on Visaka Industries Ltd. (VIL) with a Buy rating on October 22, 2019 at Rs.299 for a target price of Rs.438 showcasing an upside of ~46.5%. Subsequently, we raised our target price to Rs.450 during our Q3 FY20 result update at the then prevailing price of Rs.262 showcasing an upside potential of 71.8%. With the recent run-up in the share price the stock has broadly met our target price; the stock made an intraday high of Rs.452 today. Hence, we advise our investo...
Update On Visaka Industries Ltd By Sushil Finance
Update On Visaka Industries Ltd By Sushil Finance
Source: Sushil Finance Ltd
25/01/2021 12:06:40 PM