BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
TTK Prestige Ltd. is India's leading player in kitchen solutions and has been successful in transforming itself from a company manufacturing pressure cookers to having an entire gamut of home and kitchen appliances.
The company, over the years, has maintained its balance sheet strength with strong cash reserves (~Rs 500 plus crore) and healthy return on invested capital of 30% plus.
Further shares of the company were split on December 14, 2021 (ex-date) pursuant to the shareholder approval granted for sub-division of shares in its meetings on December 1, 2021. The record date for the same has been fixed as December 15, 2021.
Subsequently, the shares of TTK Prestige have been split with existing face value of Rs 10 being subdivided into 10 equity shares of Rs 1 face value each.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
