Motion Building Shares: Purchase Motion Building Tools, Goal Worth Rs 282: ICICI Direct

ICICI Direct has positioned a purchase name with a goal value of Rs 282. The present market value of Motion Building Tools is Rs 251.5. The time interval given by the analyst is 3 months when . The value might attain the goal set.

Motion Building Tools Ltd., integrated within the yr 1995, is a Small Cap firm (having a market cap of Rs 2991.97 Crore) working in Engineering sector.

Motion Building Tools Ltd. The most important product/income segments embrace Cranes, Building Tools and Materials Dealing with Tools for the yr ended 31-March-2021.

monetary scenario

For the quarter ended 30-06-2022, the corporate reported consolidated whole earnings of Rs 522.55 crore, up 1.27% from final quarter’s whole earnings of Rs 515.99 crore and up 61.32% from the identical quarter final yr at Rs 323.93 crore income. Firm has reported Internet Revenue after Tax of Rs 45.27 Crore in newest quarter.

Promoter/FII Holdings
As of June 30-June-2022, promoters held 66.76 per cent stake within the firm, whereas FIIs held 4.65 per cent, DIIs held 4.15 per cent.

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