Add Prudent Corporate Advisory Services, target price Rs 1480: ICICI Securities

ICICI Securities has add call on Prudent Corporate Advisory Services with a target price of Rs 1480. The current market price of Prudent Corporate Advisory Services Ltd. is Rs 1325.6.

Prudent Corporate Advisory Services Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 5495.08 Crore) operating in General sector.

Prudent Corporate Advisory Services Ltd. key Products/Revenue Segments include Income From Sale Of Share & Securities and Fees & Commission Income for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 214.44 Crore, up 10.49 % from last quarter Total Income of Rs 194.09 Crore and up 33.18 % from last year same quarter Total Income of Rs 161.02 Crore. Company reported net profit after tax of Rs 35.70 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 58.43 per cent stake in the company as of 31-Dec-2023, while FIIs owned 3.77 per cent, DIIs 15.75 per cent.