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18x earlier) has further re-rating potential owing to robust outlook and regular earnings upgrade.
#Air force 1 indigo plant upgrade
On these factors, we further upgrade FY24E/25Eearnings by 5-7% (a similar upgrade post 4Q result, report link) and estimate laminate-volume/revenue/EBITDA/PAT CAGR at 19%/23%/29%/32%over FY23-25E with strong 17.5% EBITDA margin (4Q: 17.1%)and RoE/RoCE(~24%/34%).Our revised target price of Rs 1,976 (20x FY25E P/E vs. Special details include scientific facts about the plant christened on the heel tab and a True Indigo plant embroidered on the tongue. While concerns of global economic slowdown may temporarily pause volume growth (not yet witnessed),easing prices of key raw materials(phenol and formal dehydedown 25% in 3-monthand 50% in a year)would support margins and earnings. Greater mix of value-added SKUs will further boost SYIL’s market positioning, margins and return ratios. An indigo plant that is visibly embroidered both on the left shoe of this pair at the back left, as well as on the back right of the right shoe, is where the name of this sneaker came from.
#Air force 1 indigo plant plus
It also retained its guidance of Rs 300 crore plus revenue from its acrylic solid surface product over the next 2-3 years. The Nike Air Force 1 Indigo W is a sneaker model that comes in a combination of obsidian, white, and black color scheme. Plant modernization and line balancing processes are on the new ultra-modern greenfield plant at Rs 150 crore capex (Rs 5 00 crore plus revenue potential) is likely to be operational by March 24. Systematix said, “Stylam Industries’(SYIL) management reiterated its positive stance on the company’s outlook at its meetings with investors. Along with Charmander and Squirtle, Bulbasaur is one of the. The stock has risen 87.54% in one year and gained 53% since the beginning of this year. It evolves into Ivysaur starting at level 16, which evolves into Venusaur starting at level 32. Light blue dresses the canvas that goes from the Swoosh to the heel tab. The colors that dress the sneaker are simple and bright. Stylam Industries shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Part of Nikes 'Plant Cork Pack' line is this Air Force 1 made with 20 recycled materials, demonstrating the brands commitment to reducing its environmental impact. Stylam Industries shares have a beta of 0.7, indicating low volatility in a year.
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In terms of technicals, the relative strength index (RSI) of the Stylam Industries stock stands at 77.1, signaling it's trading in the overbought zone.
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