Buy EPL, target price Rs 250: Motilal Oswal

For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1045.30 Crore, up 4.66 % from last quarter Total Income of Rs 998.80 Crore and up 4.94 % from last year same quarter Total Income of Rs 996.10 Crore.

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Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FIIs owned 10.91 per cent, DIIs 13.35 per cent.
Motilal Oswal has buy call on EPL with a target price of Rs 250. The current market price of EPL Ltd. is Rs 187.15 .
EPL incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 6023.73 Crore) operating in Packaging sector.


Financials

For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1045.30 Crore, up 4.66 % from last quarter Total Income of Rs 998.80 Crore and up 4.94 % from last year same quarter Total Income of Rs 996.10 Crore. Company reported net profit after tax of Rs 14.20 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FIIs owned 10.91 per cent, DIIs 13.35 per cent.
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