Buy VST Industries, target price Rs 4048: Centrum Broking

Centrum Broking has buy call on VST Industries with a target price of Rs 4048. The current market price of VST Industries Ltd. is Rs 3135.95. Time period given by analyst is one year when VST Industries Ltd. price can reach defined target.

VST Industries Ltd., incorporated in the year 1930, is a Mid Cap company (having a market cap of Rs 4847.22 Crore) operating in Tobacco sector.

VST Industries Ltd. key Products/Revenue Segments include Tobacco Unmanufactured, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-03-2022, the company reported a Standalone Total Income of Rs 320.12 Crore, down -27.44 % from last quarter Total Income of Rs 441.18 Crore and up 12.55 % from last year same quarter Total Income of Rs 284.43 Crore. Company reported net profit after tax of Rs 87.19 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 32.16 per cent stake in the company as of 30-Jun-2022, while FIIs owned 1.84 per cent, DIIs 16.62 per cent.