Buy Equitas Holdings, target price Rs 133: HDFC Securities

HDFC Securities has buy call on Equitas Holdings with a target price of Rs 133. The current market price of Equitas Holdings Ltd. is Rs 115.95. Time period given by analyst is 3 months when Equitas Holdings Ltd. price can reach defined target.

Equitas Holdings Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 3845.14 Crore) operating in Holding Company sector.

Equitas Holdings Ltd. key Products/Revenue Segments include Income From Sale Of Share & Securities, Interest, Rental Income and Other Services for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 1043.75 Crore, up 4.46 % from last quarter Total Income of Rs 999.21 Crore and down -9.43 % from last year same quarter Total Income of Rs 1152.44 Crore. Company reported net profit after tax of Rs 35.14 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 31-Dec-2021, while FIIs owned 29.49 per cent, DIIs 34.15 per cent.