15-07-2025
ICICI Securities Remains a Buy on Sapphire Foods India Ltd. (SAPPHIRE)
In a report released today, Manoj Menon from ICICI Securities maintained a Buy rating on Sapphire Foods India Ltd., with a price target of INR370.00. The company's shares closed today at INR330.70.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Menon is an analyst with an average return of -0.9% and a 64.29% success rate. Menon covers the Consumer Goods sector, focusing on stocks such as Godrej Consumer Products Limited, Britannia Industries Ltd, and Dabur India Limited.
Sapphire Foods India Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of INR365.00.
Based on Sapphire Foods India Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR7.11 billion and a net profit of INR17.91 million. In comparison, last year the company earned a revenue of INR6.32 billion and had a net profit of INR23.9 million
