My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking

IFB Agro Industries Research Report - 16th Dec 2015

FMCG | Published on Mar 22nd 2013


IFB Agro Industries (IFB), primarily present in West Bengal, is engaged in the business of manufacturing alcohol, bottling of branded alcoholic beverages as well as processed and packed marine foods, both for domestic and export markets. The companys expansion plans in the liquor segment coupled with scope for higher market penetration are expected to drive growth. IFBs presence in marine business provides ample opportunity in the domestic as well as export markets due to the niche product categorization and presence of fewer competitors. Moreover, the recent preferential allotment, where the promoter has pumped ~Rs18cr (~13% of the current market cap), reflects promoters confidence in the company. We initiate coverage with a Buy recommendation on the stock with a target price of Rs198.

Download Full Report


CMP 151
Target Price 198
Investment Period12 Months

Stock Info

MCAP BSE (Rs in Cr)Array
MCAP NSE (Rs in Cr)Array
P/E (x)Array
EPS (Rs.)Array
BV (Rs.)Array
Div Yield (%)Array
FV (Rs.)Array
P/BV (x)Array
EV/Sales (x)Array
EV/EBITDA (x)Array

Shareholding Pattern (%)

Public & Others34.0
Grand Total100.0

Trade Securely


Portfolio Tracking & Trading Application View Demo