Impressive show continues in both the business segments

Company
28 Oct 2024
5 Min read 
  • Research analyst Sumant Kumar estimates a change in the stock's current market price and target price.
  •  Atul (ATLP) reported in-line revenue in 2QFY25 with impressive performance in both business segments.
  •  Financials and valuations show a positive outlook for the company with estimated growth in sales, EBITDA, and PAT.
  •  Shareholding pattern indicates consistent holding by promoters and stable interest from DII and FII.
  •  The company is set to commission new projects and initiatives aimed at improving plant efficiencies and expanding international presence.
  •  The stock is trading at a P/E of 33.0 and a P/BV of 3.6, with a reiteration of a BUY rating.
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