Buy Campus Activewear, target price Rs 295: Motilal Oswal

Motilal Oswal has buy call on Campus Activewear with a target price of Rs 295. The current market price of Campus Activewear is Rs 259.1.

Campus Activewear Ltd., incorporated in the year 2008, is a Small Cap company (having a market cap of Rs 7640.55 Crore) operating in Leather sector.

Campus Activewear Ltd. key Products/Revenue Segments include Leather & Leather Goods, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Standalone Total Income of Rs 473.37 Crore, up 82.70 % from last quarter Total Income of Rs 259.10 Crore and up 1.47 % from last year same quarter Total Income of Rs 466.50 Crore. Company reported net profit after tax of Rs 24.89 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 73.88 per cent stake in the company as of 31-Mar-2024, while FIIs owned 5.22 per cent, DIIs 7.79 per cent.