Buy Keystone Realtors, target price Rs 895: JM Financial

JM Financial has buy call on Keystone Realtors with a target price of Rs 895. The current market price of Keystone Realtors Ltd. is Rs 766.3.

Keystone Realtors Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 9705.92 Crore) operating in Real Estate sector.

Keystone Realtors Ltd. key Products/Revenue Segments include Income From Construction Work, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 437.20 Crore, down -47.08 % from last quarter Total Income of Rs 826.15 Crore and up 54.59 % from last year same quarter Total Income of Rs 282.82 Crore. Company reported net profit after tax of Rs 27.39 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 78.36 per cent stake in the company as of 30-Jun-2024, while FIIs owned 3.24 per cent, DIIs 16.39 per cent.