Manas Jaiswal of manasjaiswal.com has a buy call on SREI Infrastructure Finance Ltd.
with a target price of Rs 58.
The current market price of SREI Infrastructure Finance Ltd.
is Rs 53.85.
Time period given by the analyst is Intra Day when SREI Infrastructure Finance Ltd.
price can reach the defined target.
Manas Jaiswal recommended to keep stoploss at Rs 51.5.
SREI Infrastructure Finance Ltd., incorporated in 1985, is a midcap company with a market cap of Rs 2709.12 crore.SREI Infrastructure Finance Ltd.
key Products/Revenue Segments include Other Services which contributed Rs 1615.06 Crore to Sales Value (91.33 % of Total Sales), Lease Rentals which contributed Rs 47.22 Crore to Sales Value (2.67 % of Total Sales), Income From Sale Of Share Securities which contributed Rs 45.88 Crore to Sales Value (2.59 % of Total Sales), Fees Other Charges which contributed Rs 34.54 Crore to Sales Value (1.95 % of Total Sales) and Interest which contributed Rs 25.61 Crore to Sales Value (1.44 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 1393.07 Crore, down -.86 % from last quarter Sales of Rs 1405.19 Crore and up 26.30 % from last year same quarter Sales of Rs 1103.01 Crore Company has reported net profit after tax of Rs 115.59 Crore in latest quarter.
The companys top management includes Dr.Punita Kumar Sinha, Mr.Hemant Kanoria, Mr.Malay Mukherjee, Mr.Ram Krishna Agarwal, Mr.Shyamalendu Chatterjee, Mr.Srinivasachari Rajagopal, Mr.Sunil Kanoria.
Company has Haribhakti Co.
LLP as its auditoRs As on 30-06-2018, the company has a total of 503,086,333 shares outstanding.