Wim Plast Standalone June 2021 Net Sales At Rs 53.03 Crore, Up 128.56% Y-o-Y

Wim Plast Consolidated June 2021 Net Sales At Rs 49.93 Crore, Up 114.49% Y-o-Y

Wim Plast reports consolidated net profit of Rs 2.84 crore in the June 2021 quarter

Wim Plast reports standalone net profit of Rs 3.01 crore in the June 2021 quarter

Wim Plast consolidated net profit rises 29.07% in the March 2021 quarter

Wim Plast consolidated net profit rises 24.55% in the December 2020 quarter

BRIEF-Wim Plast Ltd Dec Quarter Consol Profit Rises

ICICI Direct recommended hold rating on Wim Plast with a target price of Rs 360 in its research report dated June 17, 2020.

Hold Wim Plast; Target Of Rs 360: ICICI Direct

Anand Rathi is bullish on Wim Plast has recommended buy rating on the stock with a target price of Rs 491 in its research report dated June 15, 2020.

Buy Wim Plast; Target Of Rs 491: Anand Rathi

At 8.3 times FY22e P/E, the brokerage sees good potential in the stock from a long-term perspective, given the companys strong balance sheet and credible management.

Buy Wim Plast, target price Rs 491: Anand Rathi

Wim Plast Standalone March 2020 Net Sales At Rs 76.51 Crore, Down 23.89% Y-o-Y

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

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

Wim Plast Ltd is engaged in the manufacturing of plastic moulded and extruded articles. Their product range includes water jugs, house hold trolley, house hold glasses, house hold containers and hot pots.

Wim Plast Ltd