Campus Activewear makes a strong debut, lists at over 23% premium over issue price (2024)

FAQs

What was the issue price of Campus Activewear? ›

The issue is priced at ₹278 to ₹292 per equity share. The minimum order quantity is 51 Shares. The IPO opens on 26 Apr 2022, and closes on 28 Apr 2022.

Estimated DCF Value of one CAMPUS stock is 75.7 INR. Compared to the current market price of 280.55 INR, the stock is Overvalued by 73%.

Campus Activewear reported an operating revenue of about 12 billion Indian rupees during the financial year 2022.

The company's management said that performance was subdued amid reduced sales volumes during the quarter due to a difficult macro-economic environment and some channel inventory correction. The company is now planning to focus more on making further inroads into the key Western and Southern states in India.

Campus Activewear Share Price Today (10 Jun, 2024), Campus Activewear Stock Price (₹ 290.40) Live NSE/BSE, Campus Activewear Shares.

What is the Campus Share Price Target 2030? Campus NSE Share Price 2030 is predicted to remain between Rs 1503 and Rs 1261. What is the Campus Share Price Target 2024? Campus NSE Share Price Target 2024 is between Rs 467 and Rs 220.

A target price is an estimate of the future price of a stock. Target prices are based on earnings forecasts and assumed valuation multiples. Target prices can be used to evaluate stocks and may be even more useful than an equity analyst's rating.

According to analysts, CAMPUS price target is 269.13 INR with a max estimate of 299.00 INR and a min estimate of 225.00 INR. Check if this forecast comes true in a year, meanwhile watch CAMPUS ACTIVEWEAR LTD stock price chart and keep track of the current situation with CAMPUS news and stock market news.

The Relative Value of CAMPUS stock (121.4 INR) is 58% less than its price (291.65 INR). CAMPUS has downside potential of 2% compared to the average analyst price target.

What is the debt of Campus Activewear? ›

Campus Activewear has a total shareholder equity of ₹6.5B and total debt of ₹243.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹11.0B and ₹4.4B respectively.

Net profit of Campus Activewear rose 42.76% to Rs 32.75 crore in the quarter ended March 2024 as against Rs 22.94 crore during the previous quarter ended March 2023. Sales rose 4.63% to Rs 363.86 crore in the quarter ended March 2024 as against Rs 347.75 crore during the previous quarter ended March 2023.

And, the same characteristic abounds in Hari Krishan Agarwal, CEO of Delhi-based Campus Activewear, a major manufacturer of athletic shoes. The story of Hari Krishan Agarwal is that of a shoe manufacturer who runs a shoe business worth Rs 9000 crores.

Campus Activewear manufactures and distributes a variety of footwear. The company launched its IPO on 26 April 2022 and was listed on exchanges on 9 May 2022. The IPO was an offer for sale (OFS) of Rs 14 bn. The lock-in period for Campus Activewear ends on 4 November 2023.

Long position recommended in the range of Rs 274-278 with target at Rs 310 and stop-loss at Rs 257. Campus Activewear reported revenues of ₹14b in line with forecasts, but EPS missed expectations at ₹2.93. Analysts predict a 13% increase in revenue to ₹16.4b by 2025 and a 51% rise in EPS to ₹4.43.

Campus Activewear Ltd's market capitalization is 85.7B INR. CAMPUS stock price is 280.7 INR. The Intrinsic Value of CAMPUS stock (105.97 INR) is 62% less than its price (280.7 INR).

What is the Campus Share Price Target 2030? Campus NSE Share Price 2030 is predicted to remain between Rs 1503 and Rs 1261. What is the Campus Share Price Target 2024? Campus NSE Share Price Target 2024 is between Rs 467 and Rs 220.