Elantas Beck Q3 Results 2024: Date and Time, Share Price and Target

News: Elantas Beck India Limited, a prominent player in the specialty chemicals industry, is set to announce its Q3 financial results for 2024. In this article, we’ll delve into the key details you need to know about Elantas Beck’s performance, including the result announcement date, share price movements, and future targets.

About Elantas Beck India Limited

Elantas Beck India Limited is part of the ALTANA Group, an international specialty chemicals conglomerate. The company specializes in manufacturing a wide range of specialty chemicals for the electrical insulation and construction sectors. Let’s explore the essential aspects of Elantas Beck:

Business Segments

Electrical Insulation Business: Elantas Beck caters to Magnet Wire manufacturers, serving various end-use segments such as Home Appliances, Transformers, Automotive, and Industrial applications. Their secondary insulation products, including varnishes, find application in Rotating Machines used across these sectors.

Financial Snapshot

• Market Cap: ₹6,638 Crores
• Current Price: ₹8,370
• High / Low: ₹8,675 / ₹4,449
• Stock P/E: 53.1
• Book Value: ₹833
• Dividend Yield: 0.06%
• ROCE (Return on Capital Employed): 21.6%
• ROE (Return on Equity): 16.2%

Upcoming Result Date

Elantas Beck’s Q3 results for 2024 are scheduled to be announced on 20th February 2024. Investors and stakeholders eagerly await insights into the company’s financial health and growth trajectory.

Quarterly Performance

Let’s take a closer look at Elantas Beck’s performance in recent quarters:

Share Price Movement

Elantas Beck’s stock has shown resilience and growth. Over the past year, the stock price has surged by 89%. Investors keenly watch for any further upward momentum.

Future Targets

While Elantas Beck India Limited continues to perform well, it’s essential to keep an eye on the company’s strategic goals and targets. Analysts and investors anticipate management commentary on future growth prospects, expansion plans, and capital allocation strategies during the Q3 results announcement.

Elantas Beck’s Q3 results are eagerly awaited by the market, and investors should stay tuned for the latest updates. Whether you’re a seasoned investor or a curious observer, understanding these financial milestones can provide valuable insights into the company’s journey.

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FAQs

When will Elantas Beck reveal its Q3 2024 results?

Elantas Beck is set to disclose its Q3 2024 results on February 20, 2024.

What topics will be covered in the board meeting on February 20, 2024?

The board meeting, scheduled for February 20, 2024, will delve into important matters like financial performance, investment strategies, risk management, and corporate governance.

What is the current stock price of Elantas Beck India Ltd on the Bombay Stock Exchange?

As of February 19, 2024, the shares of Elantas Beck India Ltd are valued at ₹8,360.00 on the Bombay Stock Exchange.