Best Stocks to Buy Today : IIFL Securities's call on Epl - October 08
IIFL Securities has buy call on Epl at current market price of Rs 267.25. The target price of Epl is Rs 294. Checkout the Best Stock to Buy Today!
On October 8th, IIFL Securities recommended buying Epl shares at the current market price of Rs. 267.25. The firm believes the stock has the potential to reach a target price of Rs. 294, representing an upside of approximately 9%. This buy call is based on the company's strong financials, positive industry outlook, and attractive valuations.
About Epl:
EPL Ltd. (formerly known as Essel Propack Ltd.) is an associate of the Essel Group, and a global manufacturer of speciality packaging solutions across various segments, including personal care and beauty, food and beverage, healthcare and pharmaceuticals, and home care. The company has a global footprint with manufacturing facilities in Europe, South America, North America, Africa, and Asia. EPL's diverse product portfolio includes tubes, laminated plastic tubes, folding cartons, labels, and specialty films. The company caters to a wide range of customers, from multinational corporations to small and medium-sized enterprises. EPL is committed to sustainability and innovation, and has been recognized for its environmental and social practices.
52 Week Price Trend:
EPL's current market price (CMP) of Rs 267.25 indicates a significant appreciation compared to its 52-week low of Rs 151.95. While it has not yet reached its 52-week high of Rs 236.15, the current price represents a notable gain from its recent lows. This positive trend suggests that investors have regained confidence in the company's prospects, potentially driven by positive market sentiment or recent developments that have boosted its value.
Stratzy's MOST Analysis:
EPL has received a BB rating from Stratzy's MOST framework, indicating medium fundamental risks. This assessment is based on four key pillars: Management, Outlook, Safety, and Trend. Each pillar is analyzed and scored, leading to an overall rating. The BB rating suggests that while EPL has some positive attributes, there are also areas where it presents moderate concerns. Investors should carefully consider these risks when evaluating EPL as a potential investment.
Company's Fundamentals:
EPL's (NSE:EPL) stock currently trades at a Price-to-Earnings (PE) ratio of 21.96, indicating that investors are willing to pay ₹21.96 for every ₹1 of earnings. Its Price-to-Book (PB) Ratio of 3.01 suggests that the company's market value is approximately three times higher than its book value, or the value of its assets minus liabilities. Finally, EPL's Dividend Yield of 2.26% represents the annual dividend paid to shareholders relative to the current stock price, providing investors with a stream of income from their investment.
Fundamental and Technical information provided in this blog were last updated on 08 Oct, 2024
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