Buy Sarda Energy & Minerals; target price Rs 615: Axis Securities

Axis Securities has a buy call on Sarda Energy & Minerals with a target price of Rs 615. The current market price of Sarda Energy & Minerals Ltd. is Rs 548.0 Time period given by analyst is month when Sarda Energy & Minerals Ltd. price can reach defined target. Sarda Energy & Minerals, incorporated in 1973, is a Small Cap company with a market cap of Rs 19312.26 crore, operating in Metals – Ferrous sector.

Sarda Energy & Minerals’ key products/revenue segments include Wire Rods, Ferro Alloys, Pellet, Others, Sponge Iron, Billets (Steel), Other Operating Revenue for the year ending 31-Mar-2024.

Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 1318.74 crore, up 8.61% from last…

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