Buy Dhampur Sugar Mills, target Rs 155: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Dhampur Sugar Mills Ltd
with a target price of Rs 155.0
The current market price of Dhampur Sugar Mills Ltd
is Rs 142.0 Time period given by the analyst is Intra Day when Dhampur Sugar Mills Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 13350
Dhampur Sugar Mills Ltd., incorporated in 1933, is a smallcap company with a market cap of Rs 942.70 crore. Dhampur Sugar Mills Ltd
key Products/Revenue Segments include Sugar which contributed Rs 2013.96 Crore to Sales Value (74.32 % of Total Sales), Chemicals which
contributed Rs 386.62 Crore to Sales Value (14.26 % of Total Sales), Power which contributed Rs 200.63 Crore to Sales Value (7.40 % of Total
Sales), Others which contributed Rs 44.23 Crore to Sales Value (1.63 % of Total Sales), Coal which contributed Rs 43.71 Crore to Sales Value
(1.61 % of Total Sales), Other Operating Revenue which contributed Rs 16.88 Crore to Sales Value (0.62 % of Total Sales), Duty Drawback
which contributed Rs 1.50 Crore to Sales Value (0.05 % of Total Sales), Scrap which contributed Rs 1.28 Crore to Sales Value (0.04 % of
Total Sales), Farm Produce which contributed Rs .98 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 734.40 Crore, down -20.28 % from last quarter Sales
of Rs 921.24 Crore and down -13.63 % from last year same quarter Sales of Rs 850.32 Crore Company has reported net profit after tax of Rs
31.66 Crore in latest quarter
P Mehrotra, Mr.Priya Brat, Mr.Rahul Bedi, Mr.Sandeep Kumar Sharma, Mr.V K Goel, Mrs.Nandita Chaturvedi
Company has TR Chadha Co
as its auditoRs As on 30-06-2018, the company has a total of 66,387,590 shares outstanding.