18 July 2024
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% |
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