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kaveri seed share price: Buy Kaveri Seed Company, target price Rs 706: ICICI Securities

Kaveri Seed Company Ltd Q1FY22 consolidated PAT at Rs 203 74 crores

Kaveri Seed Company Ltd Q1FY22 consolidated PAT at Rs 203 74 crores
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kaveri seed share price: Buy Kaveri Seed Company, target price Rs 830: Motilal Oswal

Motilal Oswal has buy call on Kaveri Seed Company with a target price of Rs 830. The current market price of Kaveri Seed Company Ltd. is Rs 710.05. Time period given by analyst is one year when Kaveri Seed Company price can reach defined target. Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 68.48 Crore, down -45.69 % from last quarter Total Income of Rs 126.10 Crore and down -27.22 % from last year same quarter Total Income of Rs 94.10 Crore. Company reported net profit after tax of Rs -17.77 Crore in latest quarter. KSCL is on track to diversify from sales of cotton seeds by increasing the share of rice and vegetables (contribution of non-cotton seed sales to overall sales has increased to 58% in FY21 v/s 52% in FY20), which are growing at a faster pace and yielding a higher margin (v/s the Cotton segment)

Kaveri Seed Company Ltd Q4FY21 consolidated loss at Rs 17 36 crore

Kaveri Seed Company Ltd Q4FY21 consolidated loss at Rs 17 36 crore
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