Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
184.30
Change Change %
-3.80 -2.02%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
188.50
Change Change %
1.40 0.75%

Updated:20 Nov, 2018, 15:15 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Reliance Securities
N/A
10-07-2017 Buy 366.40 431.00
N/A
Target Hit Long (1Y)
10-07-2018

Reliance Securities recommends buy on Jyothy Laboratories

Reliance Securities has recommended buy on Jyothy Laboratories for target price of Rs 431. It says the company is focused on improving its direct distribution network and reduce dependence on wholesale trade to drive growth in coming quarters. It expects Jyothy Laboratories to report net sales of Rs 1,920 crore and Rs 2,200 crore and net profit of Rs 210 crore and Rs 260 crore in FY18E and FY19E, respectively.

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