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Cello World Beat Q4 Estimates, But Investec Still Sees More Downgrades Ahead — Check Revised Target
A key area of concern remains the company's opalware business, where competitive intensity has increased as fresh capacity enters the market.
Cello World consolidated net profit rises 2.19% in the March 2026 quarter
Sales rise 11.00% to Rs 653.59 crore
Goldman Sachs fund sells Cello World shares worth Rs 55 crore via bulk deals
Goldman Sachs sold over 13.82 lakh shares of Cello World via a Rs 55 crore bulk deal at Rs 401 apiece. The stock remained steady despite the transaction but has underperformed over the past year. The company reported flat revenue and a decline in profit in its December quarter results.
Buy Cello World; target of Rs 600: ICICI Securities
ICICI Securities is bullish on Cello World has recommended buy rating on the stock with a target price of Rs 600 in its research report dated February 16, 2026.
Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World
Nippon Life India Trustee through its Nippon India Small Cap Fund already held 6.88 percent stake in ICRA as of March 2026.
Buy Cello World; target of Rs 489: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Cello World has recommended buy rating on the stock with a target price of Rs 489 in its research report dated May 29, 2026.