Buy Navneet Education, target price Rs 163: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Navneet Education Ltd. with a target price of Rs 163. The current market price of Navneet Education is Rs 140.85. Time period given by analyst is one year when Navneet Education Ltd. price can reach defined target.

Navneet Education Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 3159.07 Crore) operating in Paper sector.

Navneet Education Ltd. key Products/Revenue Segments include Paper Stationery & Books, Scrap & Waste Papers, Export Incentives, Sale of services, Other Operating Revenue and Power Generation for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 697.97 Crore, up 115.45 % from last quarter Total Income of Rs 323.96 Crore and up 108.62 % from last year same quarter Total Income of Rs 334.56 Crore. Company has reported net profit after tax of Rs 133.76 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 63.31 per cent stake in the company as of 30-Jun-2022, while FIIs owned 2.42 per cent, DIIs 13.24 per cent.