AV Thomas Investor Update

AV Thomas Investor Update
Planify Author
Author

Planify Author

Financial Analyst Intern
Publish Date18 July 2024
Reading time1 Min

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StockBeginner GuideAngel InvestingSME IPOEconomy MarketAIFInvestmentsMore

AV Thomas shares were recommended on July 3, 2024, at ₹20,900 per share, with a target price of ₹23,000 per share. As of today, July 18, 2024, the shares have risen to ₹24,200 per share, exceeding the target and achieving a return of 15.8% in less than a month.

Our next target is ₹32,000 per share. Investors should keep holding the stock for further gains.


Financial Highlights:

Parameters

FY22

FY23

FY24

Revenue (Cr)

992.41

1021.58

1094.6

y-o-y growth

 

2.9%

7.1%

Net Profit (Cr)

45.1

50.37

69.1

y-o-y growth

 

11.7%

37.2%


In case you have missed AV Thomas and want to invest in such counters, please feel to connect with us.

Tags

Unlisted SharesPre-IPOInvestmentStock MarketFinance

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