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Buy Clean Science & Technology, target price Rs 2020: Anand Rathi

Anand Rathi has buy call on Clean Science & Technology with a target price of Rs 2020. The current market price of Clean Science & Technology is Rs 1560.

Time period given by analyst is one year when Clean Science & Technology Ltd. price can reach defined target.

Clean Science & Technology Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 17016.28 Crore) operating in General sector.

Clean Science & Technology Ltd. key Products/Revenue Segments include Speciality Chemicals, Export Incentives, Electricity and Scrap for the year ending 31-Mar-2020.

Financials
Company reported net profit after tax of Rs 54.62 Crore in latest quarter.


Investment Rationale
The company has an established market position and dominant presence in key specialty chemical products, and a diversified clientele. Additionally CLEAN has a healthy operating efficiency and robust financial risk profile. As its products are used largely in manufacturing essential goods, hence it has seen limited impact of the Covid-19 pandemic.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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