INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a buy call on Edelweiss Financial Services Ltd
with a target price of Rs 185
The current market price of Edelweiss Financial Services Ltd
Time period given by the analyst is Intra Day when Edelweiss Financial Services Ltd
price can reach the defined target
Jay Thakkar recommended to keep stoploss at Rs 174
Edelweiss Financial Services Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 16456.01 crore.
Edelweiss
key Products/Revenue Segments include Fees Other Charges which contributed Rs 220.75 Crore to Sales Value (49.00 % of Total Sales), Income
From Dividend which contributed Rs 101.02 Crore to Sales Value (22.42 % of Total Sales), Interest Received which contributed Rs 100.84 Crore
to Sales Value (22.38 % of Total Sales), Other Operating Revenue which contributed Rs 26.90 Crore to Sales Value (5.97 % of Total Sales),
Income From Real Estate Development which contributed Rs .65 Crore to Sales Value (0.14 % of Total Sales) and Income From Sale Of Share
Securities which contributed Rs .28 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 2616.25 Crore, up 8.86 % from last quarter Sales of
Rs 2403.39 Crore and up 32.45 % from last year same quarter Sales of Rs 1975.34 Crore Company has reported net profit after tax of Rs 276.87
Nandra, Mr.P N Venkatachalam, Mr.Rashesh Shah, Mr.Rujan Panjwani, Mr.Sanjiv Misra, Mr.Sunil Mitra, Mr.Venkat Ramaswamy, Ms.Vidya Shah
Company has S R Batliboi Co
LLP as its auditoRs As on 30-09-2018, the company has a total of 930,655,922 shares outstanding
