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Astral - Tweaking EPS Estimates, Target Price After 1:3 Bonus Issue: Systematix
Summary
Nutrition label
76% Informative
During its Q3 FY23 result, Astral Ltd. announced a 1:3 bonus (one for three held), and the scrip has become ex-bonus today.
After factoring in the impact of change in equity shares from the bonus issue, we have revised our earnings per share estimates.
Robust growth and margins are key for its high valuations to sustain.
VR Score
83
Informative language
86
Neutral language
63
Article tone
semi-formal
Language
English
Language complexity
46
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not offensive
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Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
medium-lived
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