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1 Comment
Astral Poly Technik Limited is currently in a long term uptrend where the price is trading 25.2% above its 200 day moving average.
From a valuation standpoint, the stock is 47.6% more expensive than other stocks from the Industrials sector with a price to sales ratio of 12.3.
Astral Poly Technik Limited's total revenue rose by 35.1% to $9B since the same quarter in the previous year.
Its net income has increased by 82.2% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 46.6% to $2B since the same quarter in the previous year.
Based on the above factors, Astral Poly Technik Limited gets an overall score of 4/5.
CurrencyCode | INR |
---|---|
ISIN | INE006I01046 |
Sector | Industrials |
Industry | Building Products & Equipment |
Exchange | NSE |
Target Price | 1621.5 |
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Beta | 0.42 |
Market Cap | 341B |
PE Ratio | 70.13 |
Dividend Yield | 0.0% |
Astral Limited engages in the manufacture and marketing of pipes and fittings; water tanks; and adhesives and sealants in India and internationally. It operates in two segments, Plumbing; and Paints and Adhesives. It offers chlorinated poly vinyl chloride, polypropylene, cross-linked polyethylene piping solutions for sewerage and drainage, gas distribution, industrial processes, transporting chemicals and hot liquids, agriculture, industrial, fire and cable protection, specialized fitting, column and conduit pipe, urban infrastructure, ancillary products, solvent cement, insulation tubes, and other plumbing applications; and water tanks, such as roto and blow moulded, underground and loft water tanks, plastic, metal, concrete, and anti-viral copper shield water tanks used for residential and commercial water storage, rainwater harvesting, and others. It also provides bath-ware products comprising faucets, sanitarywares, cisterns, and showers; paints, such as interior and exterior emulsions, distempers, enamels, and primer and wall putty undercoats; adhesives and sealants, including epoxy, PVA, rubber, anaerobic tapes, silicone, acrylic, hybrid, instant, solvent, specialised, industrial adhesives, and epoxy putty; specialized valves, such as compact true, single union, and industrial ball valves; construction chemicals comprising bathroom and basement waterproofing, tile adhesives and grouts, exterior roof and wall coatings, polymers and integral compounds, and repair products; and infrastructure products comprising drainage, cable protection, and PT duct systems; specialised fittings, such as electrofusion, compression, and PPR fittings; integrated and mechanica clamp; integrated composite strap-on saddles; PVC conduit for concealed wiring system; and investment castings. The company was formerly known as Astral Poly Technik Limited and changed its name to Astral Limited in April 2021. Astral Limited was incorporated in 1996 and is headquartered in Ahmedabad, India.
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