Century Plyboards share price: Buy Century Plyboards (India), target price Rs 442: HDFC Securities

HDFC Securities has buy call on (India) with a target price of Rs 442. The current market price of Century Plyboards (India) is Rs 423.4.

Time period given by analyst is 15 days when Century Plyboards (India) Ltd. price can reach defined target.

Century Plyboards (India) Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 9369.03 Crore) operating in Building Materials sector.

Century Plyboards (India) Ltd. key Products/Revenue Segments include MDF Board, Freight & Other Containers, Prelaminated Particle Board, Veneers, Others, Agricultural Products, Export Incentives, Other Operating Revenue, Scrap for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 462.77 Crore, down -38.72 % from last quarter Total Income of Rs 755.22 Crore and up 122.92 % from last year same quarter Total Income of Rs 207.60 Crore. Company reported net profit after tax of Rs 31.07 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 73.1 per cent stake in the company as of March 31, 2021, while FIIs held 4.9 per cent, DIIs 12.3 per cent and public and others 9.7 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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