SFL / NSE / Furniture & Fixtures
Sheela Foam
1Y Price Trend
Key Information
Recommendations
RatingHold
Target High768.9
Target Low460.75
Target Mean3
Target Median50
Risk Metrics
Overall RiskBalanced risk
Board Risk43.34
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The Indian stock market closed higher on 24 May, driven by gains in banking stocks despite inflation and crude oil concerns. Recommended stocks for purchase include Sheela Foam, Max Financial, Poly Medicure, Meesho, and Dynamatic Technologies as they show potential for recovery and growth.
SFL, which listed in 2016, has invested about ₹ 400 crore to date to acquire about a 45% stake in House of Kieraya, making it the largest shareholder.
If all goes as planned, Duroflex will likely be the second company in the space after its larger rival Sheela Foam -- maker of Sleepwell and Kurlon mattresses - went public in 2016. Duroflex also competes with other players such as Wakefit, The Sleep Company and SleepyCat.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Innova Captab, Pearl Global Industries, Garware Technical Fibres, Zaggle Prepaid, and Sheela Foam
There’s nothing like a good night’s sleep. And for that, you need a good mattress. In the last few years, battles to dominate the mattress market have erupted. Wakefit, a startup, is giving a tough fight to Sheela Foam, a legacy player. Who will win?
Q4 results on May 21: PI Industries, Hitachi Energy India, GE T&D India, Ircon International, NMDC Steel, Action Construction Equipment, Godawari Power & Ispat, Eris Lifesciences, and Aether Industries are also among the 28 companies that will announce their Q4 earnings today.
Day trading stocks: Market experts have recommended six stocks to buy today — Aurobindo Pharma, Eicher Motors, SBI, JSL, GlaxoSmithKline Pharma, Sheela Foam
Balrampur Chini Mills, Canara Bank, Granules India, Hindustan Copper and Indiabulls Housing Finance are the companies placed under futures & options ban on NSE for Tuesday
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