Expect topline growth of 20% in FY15: V-Guard Industries

Written By Unknown on Kamis, 18 September 2014 | 15.45

In an interview to CNBC-TV18, Mithun Chittilappilly, Managing Director, V-Guard Industries, said the company's second quarter performance so far has been quite satisfactory, thus it is sticking with its guidance.

V-Guard Industries has been buzzing of late. The stock has gained over 17-18 percent in a month and has been up close to 82 percent this year.

In an interview to CNBC-TV18, Mithun Chittilappilly, Managing Director, V-Guard Industries , said the company's second quarter performance so far has been quite satisfactory, thus it is sticking with its guidance of top line growth of 20 percent year on year.

The company expects EBITDA margins to be between 8.5 percent and 9 percent on the back of operating leverage. It expects margins for the fan business to improve by 6 percent.

V-Guard has a 20 percent market share in stabiliser segment and 8 percent in wire segment, the company said.

V-Guard Ind stock price

On September 18, 2014, at 14:14 hrs V-Guard Industries was quoting at Rs 851.65, up Rs 32.80, or 4.01 percent. The 52-week high of the share was Rs 864.10 and the 52-week low was Rs 403.05.


The company's trailing 12-month (TTM) EPS was at Rs 25.03 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 34.03. The latest book value of the company is Rs 106.66 per share. At current value, the price-to-book value of the company is 7.98.


Anda sedang membaca artikel tentang

Expect topline growth of 20% in FY15: V-Guard Industries

Dengan url

https://kesehatanda.blogspot.com/2014/09/expect-topline-growth-of-20-in-fy15-v.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Expect topline growth of 20% in FY15: V-Guard Industries

namun jangan lupa untuk meletakkan link

Expect topline growth of 20% in FY15: V-Guard Industries

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger