Risk factor
Limited trading liquidity
Profitability factor
Very strong margins and returns
About
Safari Industries (India) Limited is an Indian enterprise specializing in the manufacturing and distribution of various travel baggage and associated accessories. Its extensive product line features both hardshell and soft-sided suitcases, alongside a selection of backpacks, including models for laptops, rain protection, and formal use, as well as compact overnighters. These items are sold under popular brand names like Safari, Magnum, Genius, and Genie, reaching consumers through both physical retail locations and digital sales platforms. The company, which was established in 1980, is headquartered in Mumbai, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of SAFARI.NS is 2106 and suggests 59% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i