Aarti Industries share price NSE, Aarti Industries share price target: Morgan Stanley has maintained an 'overweight' rating on the large-cap specialty chemicals and pharmaceuticals manufacturer with a target price of Rs 575. Agrochemicals make up one-third of revenue. The start-up of supplies under the contract will steadily improve asset turns and will be earnings-accretive, the global brokerage said.

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Aarti Industries shares finished at Rs 639.8, down 0.92 per cent or Rs 5.95 on the NSE. According to the analysts at the brokerage, the company's long-term contract implies annual revenue of $40 million.

Assuming Aarti Industries' midcycle EBITDA margins of 18 per cent, the contract implies 3–4 per cent accretion to EBITDA and 6-7 per cent accretion to earnings over FY25–26, Morgan Stanley added.

What does Aarti Industries do?

Aarti Industries is a manufacturer of specialty chemicals and pharmaceuticals with a global footprint. Aarti Industries has 20 manufacturing units with 7,100+ employees, according to the company's LinkedIn profile.

Aarti Industries share price history

Aarti Industries's stock has given a positive return of over 5 per cent in the last 12 months (from December 29, 2022). In comparison, the headline index Nifty 50 has rallied nearly 20 per cent.
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