Buy Uniparts India, target price Rs 750: JM Financial

JM Financial has buy call on Uniparts India with a target price of Rs 750. The current market price of Uniparts India Ltd. is Rs 549.15.

Uniparts India Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 2476.49 Crore) operating in General sector.

Uniparts India Ltd. key Products/Revenue Segments include Forgings, Scrap, Export Incentives, Job Work and Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 294.70 Crore, down -.99 % from last quarter Total Income of Rs 297.65 Crore and down -18.50 % from last year same quarter Total Income of Rs 361.58 Crore. Company reported net profit after tax of Rs 33.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 65.66 per cent stake in the company as of 30-Sep-2023, while FIIs owned 3.33 per cent, DIIs 11.04 per cent.