YES Securities is bullish on Heranba Industries has recommended buy rating on the stock with a target price of Rs 447 in its research report dated January 30, 2023.

Buy Heranba Industries; target of Rs 447: YES Securities

Usually, in Q3 and Q4 demand from exports is buoyant, but due to on‐going global scenario, demand continues to remain lackluster.

Heranba Industries Q3 Results Review - Multiple Headwinds To Keep Performance Under Pressure: Yes Securities

BSE Sensex gained 169.51 points or 0.29 per cent to 59,500.41, whereas NSE’s Nifty50 Index settled at 17,648.95, gaining 44.60 points or 0.25 per cent for the day.

Sensex, tops 59,500, Nifty adds 45 pts; Heranba Industries, Adani stocks tank up to 20%

Heranba Industries’ shares plunged 20 per cent to Rs 372.85 in Monday’s trade, its record low, whereas the stock has halved from its 52-week high of Rs 738 hit in February last year.

Heranba Industries shares dive 20% to hit new record low after Q3 results

GTL Ltd, Add-Shop E-Retail Ltd, Vimta Labs Ltd and Savita Oil Technologies Ltd are among the other losers in the BSE’s ‘B’ group today, 30 January 2023.

Heranba Industries Ltd leads losers in ‘B’ group

The management said revenue impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand.

Heranba Industries tanks 20%, hits record low on weak Q3 results

In addition to the above-mentioned role, Gujral will provide assistance in the areas of Patent Filing, Product Registration (Domestic + Export), and the introduction of new products in consultation with the R&D department.

Heranba Industries appoints Ajit Gujral as head of strategic development

Anand Rathi is bullish on Heranba Industries has recommended buy rating on the stock with a target price of Rs 745 in its research report dated September 12, 2022.

Buy Heranba Industries; target of Rs 745: Anand Rathi

Arihant Capital is bullish on Heranba Industries has recommended buy rating on the stock with a target price of Rs 1073 in its research report dated August 16, 2022.

Buy Heranba Industries; target of Rs 1073: Arihant Capital

TCNS Clothing Co. Ltd, Himatsingka Seide Ltd, Surya Roshni Ltd and Heranba Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 16 August 2022.

Muthoot Finance Ltd leads losers in ‘A’ group

Investors should be aware that tomorrow will represent the ex-dividend date for the shares of Renaissance Global Limited, Ador Welding, HCL, Astec LifeSciences Limited, Heranba Industries Limited, and Aegis Logistics.

6 stocks to turn ex-dividend tomorrow: Check if you own any

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Heranba Industries Limited is a crop protection chemical manufacturer, exporter and marketing company. The Company manufactures intermediates, technicals and formulations. 

Heranba Industries Ltd