Insightful Investment: Stratzy's Buy Call on V Guard Industries Ltd, Target ₹ 356
Stratzy has buy call on V Guard Industries Ltd with a target price of Rs 356. The current market price of V Guard Industries Ltd is Rs 313.6
About V Guard Industries Ltd:
V-Guard Industries Ltd. is an Indian consumer electrical goods company based in Kochi, Kerala. It manufactures and markets a wide range of electrical products, including fans, pumps, water heaters, switches, wires, and home appliances. Founded in 1977, the company has grown to become one of the leading players in the Indian electrical industry, with a strong presence in both domestic and commercial markets. V-Guard is known for its innovative products and commitment to quality, and has received numerous awards and accolades for its performance. The company is listed on the National Stock Exchange of India (NSE) and is a constituent of the Nifty Smallcap 100 index.
52 Week Price Trend:
Currently trading at CMP: Rs 313.6, VGUARD has experienced a range of price fluctuations within the last 52 weeks. The stock's 52-week high of Rs 335.35 represents a potential upside of approximately 6.9%, while its 52-week low of Rs 237.5 remains 25.3% below current levels. These figures provide insights into the historical volatility and potential growth prospects associated with VGUARD's stock performance.
Stratzy's Analysis:
Vanguard (VG) has been rated AA by Stratzy's MOST framework, indicating **Medium Fundamental Risk**. This rating is based on an assessment of VG's Management, Outlook, Safety, and Trend. The AA rating suggests that VG has overall solid fundamentals, with some areas for improvement. Investors should consider this rating when making investment decisions.
Company's Fundamentals:
VGUARD is currently trading at a stock price-to-earnings (PE) ratio of 69.23. This means that investors are willing to pay 69.23 times the company's earnings per share to own its stock. VGUARD's price-to-book (PB) ratio is 8.33, indicating that investors are willing to pay 8.33 times the company's book value of assets per share to own its stock. Furthermore, VGUARD's dividend yield is 0.41%, which means that investors can expect to receive $0.41 in dividends for every $100 invested in the company.
Fundamental and Technical information provided in this blog were last updated on 08 Mar, 2024
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