Hold Aarti Industries, target price Rs 885: ICICI Direct

ICICI Direct has hold call on Aarti Industries with a target price of Rs 885. The current market price of Aarti Industries is Rs 770.45. Time period given by analyst is one year when Aarti Industries Ltd. price can reach defined target.

Aarti Industries Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 27666.31 Crore) operating in Pharmaceuticals sector.

Aarti Industries Ltd. key Products/Revenue Segments include Speciality Chemicals, Pharmaceuticals for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1972.40 Crore, up 12.34 % from last quarter Total Income of Rs 1755.81 Crore and up 49.79 % from last year same quarter Total Income of Rs 1316.81 Crore. Company reported net profit after tax of Rs 189.07 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 44.19 per cent stake in the company as of 30-Jun-2022, while FIIs owned 11.82 per cent, DIIs 15.06 per cent.