Jyothy Labs is a high conviction BUY idea for Target Price of ₹575 (20% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Jul 8, 2024.

Tags:
Previous Thread Next Thread
Loading...
  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

    Joined:
    Mar 19, 2015
    Messages:
    715
    Likes Received:
    55
    A sharp surge in ROIC: Jyothy Labs’ ROIC has sharply surged, moving up from c17% in FY23 to c28% FY24, owing to a sharp spike in EBIT margin (up from 10.7% in FY23 to 15.6% in FY24) and doubling up of cash and cash equivalents (moved up from INR 2.8 bn in FY23 to INR 6.2 bn in FY24). Notably, the ROIC ratio has been static for last many years in the mid-teen range

    https://rakesh-jhunjhunwala.in/jyot...-for-target-price-of-₹575-20-upside-hdfc-sec/

    [​IMG]
     
    Vidhi Khanna, Jul 8, 2024
    #1
Previous Thread Next Thread
Loading...
Loading...
Similar Threads
  1. vineet

    Jyothy lab

    vineet, Aug 27, 2016, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    19
    Views:
    2,448
    RAMA MURTHY SASTRY CHALLA
    Sep 20, 2016
  2. Arjun

    "We are delighted investors are selling Divi's Labs. We are buying it daily": Saurabh Mukherjea

    Arjun, Jun 19, 2022, in forum: Must-Read Interviews, Articles & News Items
    Replies:
    0
    Views:
    6,251
    Arjun
    Jun 19, 2022
  3. Feroz

    Coral Labs

    Feroz, Mar 26, 2020, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    1
    Views:
    3,326
    Feroz
    Apr 15, 2020
  4. Srouta Mukherjee

    Caplin Labs is shooting up

    Srouta Mukherjee, Jun 7, 2017, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    1
    Views:
    1,444
    starry_eyes
    Jun 7, 2017
  5. Feroz

    Coral Labs

    Feroz, May 21, 2016, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    2
    Views:
    2,813
    bholu
    May 21, 2016