Buy Vinati Organics, price target Rs 2,200: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a buy call on Vinati Organics Ltd
with a target price of Rs 2200.0
The current price of Vinati Organics Ltd
is Rs 2144.05
Kunal Bothra recommended to keep a stoploss at Rs 2060
Vinati Organics Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 10274.09 Crore) operating in
Chemicals sector
Vinati Organics Ltd
key Products/Revenue Segments include Organic/Inorganic Heavy Chemicals which contributed Rs 920.64 Crore to Sales Value (83.07 % of Total
Sales), Organic/Inorganic Heavy Chemicals which contributed Rs 920.64 Crore to Sales Value (83.07 % of Total Sales), Organic/Inorganic Heavy
Chemicals which contributed Rs 920.64 Crore to Sales Value (83.07 % of Total Sales), Others which contributed Rs 186.93 Crore to Sales Value
(16.86 % of Total Sales), Others which contributed Rs 186.93 Crore to Sales Value (16.86 % of Total Sales), Others which contributed Rs
186.93 Crore to Sales Value (16.86 % of Total Sales), Scrap which contributed Rs .57 Crore to Sales Value (0.05 % of Total Sales), Scrap
which contributed Rs .57 Crore to Sales Value (0.05 % of Total Sales), Scrap which contributed Rs .57 Crore to Sales Value (0.05 % of Total
Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Standalone sales of Rs 245.06 Crore, unchanged .00 % from last quarter Sales
of Rs Crore and unchanged .00 % from last year same quarter Sales of Rs Crore Company has reported net profit after tax of Rs 110.01 Crore
in latest quarter
Mr.Vinod Saraf, Ms.Vinati Saraf Mutreja, Ms.Viral Saraf Mittal
Company has M M Nissim - Co
as its auditoRs As on 31-12-2019, the company has a total of 51,391,025 shares outstanding.