Buy Dhampur Sugar Mills, target Rs 155: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Dhampur Sugar Mills Ltd. with a target price of Rs 155.0 . The current market price of Dhampur Sugar Mills Ltd. is Rs 142.0 Time period given by the analyst is Intra Day when Dhampur Sugar Mills Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 13350. Dhampur Sugar Mills Ltd., incorporated in 1933, is a smallcap company with a market cap of Rs 942.70 crore.

Dhampur Sugar Mills Ltd. key Products/Revenue Segments include Sugar which contributed Rs 2013.96 Crore to Sales Value (74.32 % of Total Sales), Chemicals which contributed Rs 386.62 Crore to Sales Value (14.26 % of Total Sales), Power which contributed Rs 200.63 Crore to Sales Value (7.40 % of Total Sales), Others which contributed Rs 44.23 Crore to Sales Value (1.63 % of Total Sales), Coal which contributed Rs 43.71 Crore to Sales Value (1.61 % of Total Sales), Other Operating Revenue which contributed Rs 16.88 Crore to Sales Value (0.62 % of Total Sales), Duty Drawback which contributed Rs 1.50 Crore to Sales Value (0.05 % of Total Sales), Scrap which contributed Rs 1.28 Crore to Sales Value (0.04 % of Total Sales), Farm Produce which contributed Rs .98 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 734.40 Crore, down -20.28 % from last quarter Sales of Rs 921.24 Crore and down -13.63 % from last year same quarter Sales of Rs 850.32 Crore Company has reported net profit after tax of Rs 31.66 Crore in latest quarter. The company’s top management includes Mr.A K Goel, Mr.A K Gupta, Mr.Anup Kumar Wahi, Mr.Gaurav Goel, Mr.Gautam Goel, Mr.Harish Saluja, Mr.M P Mehrotra, Mr.Priya Brat, Mr.Rahul Bedi, Mr.Sandeep Kumar Sharma, Mr.V K Goel, Mrs.Nandita Chaturvedi. Company has TR Chadha & Co. as its auditoRs As on 30-06-2018, the company has a total of 66,387,590 shares outstanding.