Small Cap Stock, Soared 75% In 1- Year, Can Offer Another 24% Return Soon, Buy: ICICI Direct
ICICI Direct has suggested investors to buy leading Irrigation & Allied Services sector stock, KSB Ltd with target price of Rs 2390 apiece.
Last trading price of KSB Ltd is Rs 1923.25 apiece. If you buy KSB Ltd at last trading price, you can get potential 24% return soon.
Check details below: 1. KSB Ltd Stock Performance & Return
The Last trading price of KSB Ltd is Rs 1923.25 apiece.
The stock's 52- week high is Rs 2171.00 apiece and 52- week low is Rs 1022.85 apiece, respectively.
The company has a market capitalisation of Rs 6,694.42 crore.
2. Valuation
ICICI Direct, " Revenue, EBITDA and PAT expected to grow at 18 .1%, 22 .1% and 21 .6% CAGR over CY 22 - 24 E led by strong execution.
We value KSB at Rs 2390 i.e. 30 x PE on CY 24 E EPS. on.
3. About KSB Ltd
KSB Ltd is a subsidiary of Klein Schanz islin & Becker ( KSB) Germany, one of the largest manufacturers and sellers a of pumps and valves in India.
KSB Ltd manufactures range of standard industrial end suction and highpressure multistage pumps, submersible motor pumps and monoblock pumps and other value- added parts.
The stock has been picked from the brokerage report of ICICI Direct.
Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. advises users to check with certified experts before taking any investment decision.
By Renu Baliyan Goodreturns source: Dailyhunt