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41

Arvee Laboratories jumps 20% and hits the upper circuit

The company’s shares have delivered an impressive return of 50% to their shareholders during the past six months.

Arvee Laboratories (India) Limited is engaged in producing diverse chemical compounds classified into three primary categories: polymer modifiers, contrast media intermediates, and drug intermediates. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 190.20 per share, indicating an approximate 20% increase compared to the previous day’s closing figure of Rs 158.50 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 190.20 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 209 crore, and the stock has generated an impressive return of 30% during the month and a 50% return in the past six months.

Trading and Delivery Volumes (Daily):

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Business Overview

Arvee Laboratories (India) Limited, based in India, specializes in manufacturing various types of chemicals. The company offers products in three main categories: polymer modifiers, contrast media intermediates, and drug intermediates. Within its polymer modifiers line, it produces compounds like Dimethyl 5-sodiosulfoisophthalate, 5-sulfoisophthalic Acid Mono Sodium Salt, 5-sulfoisophthalic Acid Mono Lithium Salt, and 5-sodiosulfo-bis-(B-Hydroxyethyl)-Isophthalate. In the realm of contrast media intermediates, the company provides substances such as 5-nitroisophthalic acid, Dimethyl 5-Nitroisophthalate, Monomethyl 5-Nitroisophthalate, 5-hydroxyisophthalic acid, 5-Aminoisophthalic acid, Dimethyl 5-Aminoisophthalate, and 3,5-Diamino Benzoic Acid. Additionally, its drug intermediates portfolio encompasses products like 2-acetyl Thiophene, Thiophene-2-Carboxaldehyde, 4-amino Pyridine, and 2-chloro-5-nitrobenzoic Acid.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 8.9 crore, marking a decline of 61% compared to the same quarter in the previous year when the revenue stood at Rs 22.74 crore. The company recorded an operating profit of Rs 0.69 crore for the quarter, a contrast to the operating profit of Rs 3.26 crore in the corresponding quarter of the previous year. Additionally, the company reported a net profit of Rs 0.21 crore compared to Rs 2.05 crore in the same period last year. However, it’s worth noting that both the top line and bottom line of the company declined in the recent quarter compared to the same quarter the previous year.

The company’s ROCE and ROE stand at 23.3% and 15.8% respectively, while the shares are trading at a PE of 129 times in the market.

Stock Price Chart (Weekly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

42

Nirman Agri Genetics jumps 10% and hits the upper circuit today

The company’s shares have delivered a remarkable return of 70% to their shareholders in the last six months.

Nirman Agri Genetics Limited is an Agri-Input Company based in India. Its primary focus lies in the production, processing, and promotion of superior-quality hybrid seeds, pesticides, and bio-organic solutions. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 240 per share, indicating an approximate 2% increase compared to the previous day’s closing figure of Rs 234.85 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 258.30 per share on the BSE. The stock has reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 154 crore, and the stock has generated an impressive return of 33% during the past three months and a 70% return in the past six months.

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Business Overview

Nirman Agri Genetics Limited an Agri-input company based in India, is actively involved in the production, processing, and promotion of hybrid seeds, pesticides, and bio-organic solutions tailored for various crops such as corn, sunflower, cotton, paddy, and grain sorghum, among others. The company specializes in creating hybrid varieties for different crops like corn, cotton, sunflower, paddy, bajra, and more through its research initiatives. All seed variations are marketed under the brand name Nirman Agri Genetics. Additionally, the company focuses on micronutrients and bioproducts. Its diverse product range encompasses corn, sunflower seeds, bajra, cotton, soybeans, paddy, beans, broccoli, bitter gourd, cabbage, carrot, cucumber, cauliflower, capsicum, hot pepper, eggplant, okra, papaya, ridge gourd, sweet corn, tomato, watermelon, leafy and exotic vegetables, squash and herbs, musk melon, peas, and bio power.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 12.95 crore. The company achieved an operating profit of Rs 2.38 crore for the quarter, with an operating profit margin of 18.4% during the quarter. Furthermore, the company posted a net profit of Rs 2.11 crore, with net profit margins standing at 16.3% during the same period. The company’s ROCE and ROE are 26.6% and 27.1%, respectively, while the stock is currently trading at a PE of 24.4 times in the market.

In terms of ownership, the Promoter holds 66.05%, while the remaining 33.95% is held by public investors, according to the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
43

Felix Industries jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of approximately 100% to their shareholders in the past year.

Felix Industries Limited, an India-based company, specialises in providing water treatment solutions to end customers. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 135 per share, indicating an approximate 11.9% increase compared to the previous day’s closing figure of Rs 120.60 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 144.70 per share on the NSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 107 crore, and the stock has generated an impressive return of 44% during the past one month and around 100% return in the past year.

Trading and Delivery Volumes (Daily):

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Business Overview

Felix Industries Limited, an India-based company, specialises in offering water treatment solutions to end customers. The company maintains a portfolio of approximately 450 proprietary technologies, encompassing physicochemical, biological, membrane, biomembrane, membrane desalination, thermal, and hybrid treatments. These technologies serve to manage water in various forms, including drinking water, industrial process water, ultrapure water, wastewater, seawater, sewage effluent, and more.

The company’s water and wastewater division is actively involved in several operations, including the construction of zero liquid discharge (ZLD) plants, industrial wastewater treatment, provision of effluent recycling systems, supplying water to industries, domestic wastewater treatment, and the recovery and reuse of industrial wastewaters. In addition, its industrial piping division offers solutions for industrial piping, and consultation services, and manages installation and trading.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 11.80 crore, reflecting an impressive growth of 300% compared to the same quarter in the previous year, when the revenue stood at Rs 2.94 crore. The company posted an operating profit of Rs 1.45 crore for the quarter, in contrast to an operating profit of Rs 0.05 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 0.97 crore, compared to a net loss of Rs 0.12 crore in the same period last year.

The company’s ROCE and ROE ratios are 15.7% and 14.4% respectively, while the stock is trading at a PE of 80.3 times in the market.

In terms of ownership, the Promoter holds 54.85%, while the remaining 45.15% is held by public investors, according to the most recent update.

Stock Price Chart (Weekly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

44

Onward Technologies jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of around 725% to their shareholders in the past three years.

Onward Technologies Limited is a software technology outsourcing company specializing in digital and engineering research and development (ER&D) services. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 595.90 per share, indicating an approximate 4.65% increase compared to the previous day’s closing figure of Rs 569.40 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 683.25 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 1532 crore, and the stock has generated an impressive return of 11% during the past one year and around 725% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

Onward Technologies Limited is a software technology outsourcing company specializing in digital and engineering research and development (ER&D) services. The company primarily focuses on two industry verticals: industrial equipment and heavy machinery, and transportation and mobility (automotive and rail transportation). Its services encompass mechanical, electrical, and controls engineering, embedded products and systems development, mobile and enterprise software development, data analytics and digital transformation, robotic business process automation, as well as enterprise-managed services for infrastructure, applications, and databases. Onward Technologies offers mechanical, embedded, digital, and information technology (IT) services to companies across various industry verticals, including transportation and mobility, industrial equipment and heavy machinery, and the pharma, healthcare, and medical devices industries.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 120.24 crore, reflecting a moderate growth of 9.20% compared to the same quarter in the previous year, when the revenue stood at Rs 110.11 crore. The company posted an operating profit of Rs 15.01 crore for the quarter, in contrast to an operating profit of Rs 3.17 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 9.57 crore, compared to a net profit of Rs 0.58 crore in the same period last year. The company achieved a net profit growth of around 1550% YoY during the quarter.

The company’s ROCE and ROE ratios are 10.4% and 6.67% respectively, while the stock is trading at a PE of 51 times in the market.

In terms of ownership, the Promoter holds 44.96%, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 0.09% and 0.84%, respectively. The remaining 54.12% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

46

Deep Energy Resources jumps 10% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 300% to their shareholders in the past three years.

Deep Energy Resources Limited formerly known as Deep Industries Limited operates within the oil and gas industry, offering a comprehensive range of services. Its portfolio includes oil and gas exploration and production. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 181.10 per share, indicating an approximate 5.5% increase compared to the previous day’s closing figure of Rs 171.70 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 188.85 per share on the BSE. The stock has reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

Furthermore, the company’s stock is trading very close to its all-time high price of Rs 190.95 per share, recorded on March 30, 2017. If the stock surpasses this price, it will enter the “blue sky zone” for trading. Investors must keep an eye on this stock.

The company’s current market capitalisation stands at Rs 604 crore, and the stock has generated an impressive return of 28% during the past one month and around 315% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

Deep Energy Resources Limited is an India-based company engaged in both conventional and unconventional oil and gas exploration and production. The company provides services such as air and gas compression, gas dehydration, workover, drilling, and oil and gas exploration. It offers work-over and drilling services to exploration and production (E&P) players utilizing its fleet of rigs. The company holds the North Karanpura CBM block through its subsidiary, Prabha Energy Private Limited. Additionally, it specializes in providing coal bed methane and related engineering solutions. Its subsidiaries include Deep Energy LLC, Deep Natural Resources Limited, and Prabha Energy Pvt Ltd.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

48

Bhagyanagar India jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of around 214% to their shareholders in the past three years.

Bhagyanagar India Limited is engaged in the manufacturing of copper, other copper products, and alloys. Additionally, the company is involved in the business of wind power generation. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 83.90 per share, indicating an approximate 13.8% increase compared to the previous day’s closing figure of Rs 73.73 per share on the BSE. As of the time of writing the article, the shares are currently at Rs 88.47 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 283 crore, and the stock has generated an impressive return of 90% during the past one year and around 214% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

Bhagyanagar India Limited (BIL) is an India-based company engaged in the manufacturing of copper products. The company offers a range of copper products, including copper bus bars, copper wires and rods, copper foils/sheets, paper insulated copper conductors (PICC), copper nuggets, copper tubes, and pipes, as well as yoke assembly and solenoid switches. Additionally, the company manufactures other products such as solar flat plate collectors, commutators, solar fins, field coils and armature pins, submersible wires, and heating elements/thermostats/immersion heaters. Its PICC product is available as both paper-insulated copper strips and wires, which are used as winding wires for coils in transformers and various other electrical equipment. Furthermore, the company operates a nine-megawatt (MW) wind power project in Kapatigudda, Karnataka State. BIL’s manufacturing facility is located in Hyderabad.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 339.8 crore, reflecting a flat growth of 0.24% compared to the same quarter in the previous year, when the revenue stood at Rs 339 crore. The company posted an operating profit of Rs 7.87 crore for the quarter, in contrast to an operating profit of Rs 5.43 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 2.51 crore, compared to a net profit of Rs 0.80 crore in the same period last year. The company achieved a net profit growth of around 200% YoY during the quarter.

The company’s ROCE and ROE ratios are 8.7% and 7.1% respectively, while the stock is trading at a PE of 5.6 times in the market.

In terms of ownership, the Promoter holds 74.41%, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 0.33% and 0.28%, respectively. The remaining 24.97% is held by public investors, as per the most recent update.

Stock Price Chart (Weekly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

49

Sandur Manganese jumps 10% and hits the upper circuit today

The company’s shares have delivered an impressive return of around 690% to their shareholders in the past three years.

Sandur Manganese and Iron Ores is involved in the mining of low-phosphorus manganese and iron ore in the Hospet-Ballari region of Karnataka. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 2699 per share, indicating an approximate 6% increase compared to the previous day’s closing figure of Rs 2545.70 per share on the BSE. Furthermore, during the morning session, the stock reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares. However, as of the time of writing this article, the shares are currently trading at Rs 2766.95 per share on the BSE.

The company’s current market capitalisation stands at Rs 7472 crore, and the stock has generated an impressive return of 252% during the past one year and around 690% return in the past three years.

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Business Overview

Sandur Manganese and Iron Ores Limited is an India-based integrated and diversified commodity producer. It engages in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Bellary District, Karnataka. The company is also involved in the manufacturing of ferroalloys and coke located at Vyasanakere, Hospet. Its segments consist of Mining, Ferroalloys, and Coke and energy. The Mining segment is involved in manganese ore mining operations and fully mechanized iron ore mining operations. The Ferroalloys segment is dedicated to the production of ferromanganese, ferrosilicon, silicomanganese, and ferrochrome. The company operates approximately four coke oven batteries with a cumulative capacity of approximately 0.4 million tons per annum (MTPA) and two waste heat recovery boilers (WHRB) with a cumulative capacity of approximately 30 megawatts (MW).

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 185 crore, reflecting a significant decline of 61% compared to the same quarter in the previous year, when the revenue stood at Rs 478 crore. The company posted an operating profit of Rs 38 crore for the quarter, in contrast to an operating profit of Rs 35 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 26 crore, compared to a net profit of Rs 22 crore in the same period last year. The company achieved a net profit growth of around 18% YoY during the quarter.

The company’s ROCE and ROE ratios are 18.4% and 14.7% respectively, while the stock is trading at a PE of 26.9 times in the market.

In terms of ownership, the Promoter holds 74.26%, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 0.33% and 0.64%, respectively. The remaining 24.78% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

51

SAL Steel jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of around 591% to their shareholders in the past three years.

SAL Steel Limited engages in the manufacturing of Sponge Iron, Ferro Alloys, and Power. Today, the company experienced a significant surge in its share price.

At the beginning of the day’s trading session, the stock opened at Rs 24 per share, marking an approximate 4.7% increase compared to the previous day’s closing price of Rs 22.93 per share on the BSE. Notably, the stock reached its upper circuit price limit of 20%, indicating robust demand in the market. However, due to a sudden downturn in the overall market sentiment, the stock experienced a decline. As of the time of writing this article, the shares are currently priced at Rs 26 per share on the BSE.

Furthermore, the company’s stock is currently trading only 22% lower than its all-time high price of Rs 33.35 per share. The company’s current market capitalisation stands at Rs 208 crore, and the stock has generated an impressive return of 36% during the past one year and around 600% return in the past three years.

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Business Overview

SAL Steel Limited is an India-based versatile company specialising in steel, ferroalloys, and power. Operating in the vicinity of Kandla Port in the state of Gujarat, Western India, the company offers a diverse product range. This includes direct reduced iron (also known as sponge iron), ferroalloys, iron ore pellets, and various finished steel products. Moreover, the company possesses a 40-megawatt (MW) plant that produces power utilizing waste heat recovery and fluidized bed combustion boilers. The power generated is primarily used for internal consumption, and any excess power is sold to diverse customers.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 157 crore, reflecting a growth of 14.3% compared to the same quarter in the previous year, when the revenue stood at Rs 137.36 crore. The company posted an operating profit of Rs 5.77 crore for the quarter, in contrast to an operating profit of Rs 7.13 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 0.14 crore, compared to a net profit of Rs 2.70 crore in the same period last year.

The company’s ROCE and ROE ratios are 8.12% and 8.95% respectively, while the stock is trading at a PE of 249 times in the market.

In terms of ownership, the Promoter holds 50.56%, while neither Foreign Institutional Investors (FIIs) nor Domestic Institutional Investors (DIIs) have stakes in the company. The remaining 49.44% is held by public investors, according to the most recent update.

Stock Price Chart (Quarterly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

52

Felix Industries jumps 10% and hits the upper circuit today

The company’s shares have delivered an impressive return of around 555% to their shareholders in the past two years.

Onward Technologies Limited is a software technology outsourcing company specializing in digital and engineering research and development (ER&D) services. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 192 per share, indicating an approximate 7.5% increase compared to the previous day’s closing figure of Rs 178.55 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 196.40 per share on the NSE. The stock has reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 143 crore, and the stock has generated an impressive return of 150% during the past one year and around 555% return in the past two years.

Trading and Delivery Volumes (Daily):

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Business Overview

Felix Industries Limited is an India-based company that offers water treatment solutions to end customers. The company boasts a portfolio of approximately 450 proprietary technologies, encompassing physicochemical, biological, membrane, biomembrane, membrane desalination, thermal, and hybrid treatments to manage water in various forms. These treatments cater to drinking water, industrial process water, ultrapure water, wastewater, seawater, sewage effluent, and more.

The company’s water and wastewater division focuses on constructing zero-liquid discharge (ZLD) plants, industrial wastewater treatment, providing effluent recycling systems, supplying water to industries, domestic wastewater treatment, and the recovery and reuse of industrial wastewater. Additionally, its industrial piping division specializes in providing industrial piping solutions, offering consultation services, and handling installation and trading.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 11.80 crore, reflecting an impressive growth of 24% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 9.50 crore. The company posted an operating profit of Rs 1.45 crore for the quarter, in contrast to an operating profit of Rs 1.41 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 0.97 crore, compared to a net profit of Rs 0.95 crore in the same period last year.

The company’s ROCE and ROE ratios are 15.7% and 14.4% respectively, while the stock is trading at a PE of 108 times in the market.

In terms of ownership, the Promoter holds 54.85%. The remaining 45.15% is held by public investors, as per the most recent update.

Stock Price Chart (Weekly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

53

StarTeck Finance jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 1200% to their shareholders in the past five years.

StarTeck Finance Limited is an India-based non-banking financial company engaged in lending and investment activities. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 326.10 per share, indicating an approximate 15.7% increase compared to the previous day’s closing figure of Rs 281.85 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 338.20 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 335 crore, and the stock has generated an impressive return of 141% during the past one year and around 470% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

StarTeck Finance Limited is an India-based non-banking financial company engaged in lending and investment activities. The company operates through the financing activities segment and serves the financing needs of various corporates in urban and semi-urban areas of India. StarTeck Finance Limited has a diversified lending portfolio across retail, small-medium enterprises (SMEs), and commercial customers. Its subsidiaries include Chitta Finlease Private Limited and V Can Export Private Limited.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 12.33 crore, reflecting an impressive growth of 94% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 6.37 crore. The company posted an operating profit of Rs 11.34 crore for the quarter, in contrast to an operating profit of Rs 4.41 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 7.42 crore, compared to a net profit of Rs 1.93 crore in the same period last year. The company’s net profit has shown a significant growth of around 285% YoY this quarter.

The company’s ROCE and ROE ratios are 7.13% and 6.57% respectively, while the stock is trading at a PE of 21.8 times in the market.

In terms of ownership, the Promoter holds 71.68%. The remaining 28.32% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

54

Gallantt Ispat jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of 360% to their shareholders in the past three years.

Gallantt Ispat Limited is a leading iron and steel manufacturing company located in Eastern Uttar Pradesh. The company is engaged in the business of iron and steel, agro, power, and real estate. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 143.51 per share, indicating an approximate 1.5% increase compared to the previous day’s closing figure of Rs 141.36 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 169.63 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 4,093 crore, and the stock has generated an impressive return of 185% during the past one year and around 360% return in the past three years.

Trading and Delivery Volumes (Daily):

Business Overview

Gallantt Ispat Limited is an India-based iron and steel manufacturing company. The company’s products and projects include Sponge Iron, MS Billets, TMT Bars, wheat products, and Shalimar Gallantt. Its production of Sponge Iron is consumed in-house for manufacturing MS Billets. MS Billet is a semi-finished product used as feedstock for rolling mills that produce long products, including wire rods, bars, and rods for structural works. The TMT Bars are manufactured using M.S. Billets as the main feedstock. The company’s product portfolio for the food grain business includes wheat flour products such as Atta, Maida, Suji, and Bran. Its products, sold under the brand name Gallantt, are available in the states of Uttar Pradesh, Bihar, West Bengal, Assam, Madhya Pradesh, Andhra Pradesh, and Karnataka. The company is focused on real estate with its project, Shalimar Gallantt, located in Mahanagar, Lucknow.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 950 crore, reflecting flat growth of around 2% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 931 crore. The company posted an operating profit of Rs 86 crore for the quarter, in contrast to an operating profit of Rs 78 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 47 crore, compared to a net profit of Rs 28 crore in the same period last year. The company’s net profit has shown a significant growth of around 70% YoY this quarter.

The company’s ROCE and ROE ratios are 10.2% and 6.54% respectively, while the stock is trading at a PE of 24.5 times in the market. In terms of ownership, the Promoter holds 68.94%. The remaining 31.05% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

56

Wonder Electricals jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 89% to their shareholders in the past year.

Wonder Electricals Limited is a fully integrated end-to-end manufacturer and supplier of ceiling fans, exhaust fans, pedestal fans, and brushless DC (BLDC) fans. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 422 per share, indicating an approximate 16% increase compared to the previous day’s closing figure of Rs 363.50 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 436.20 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 584.54 crore, and the stock has generated an impressive return of 64% during the past three months and around 90% return in the past year.

Trading and Delivery Volumes (Daily)

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Business Overview

Wonder Electricals Ltd is an India-based integrated engineering company. The company is engaged in designing and manufacturing solutions for local and international consumer-durable fan brands. It offers end-to-end product solutions under two business models: OEM and ODM. Under the OEM model, it provides services ranging from sourcing, manufacturing, quality testing, packaging, and logistics to customers across its product verticals. Under the ODM model, it develops and designs products in-house at its research and development (R&D) center and undertakes the manufacture and supply of these products to companies in India. The company’s products include BLDC fans, ceiling fans, exhaust fans, pedestal fans, and TPW fans. It operates over two manufacturing facilities, located in Raipur Industrial Area, Uttarakhand, India, and Industrial Park Kucharam Village, Hyderabad, Telangana.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 62.58 crore, reflecting a growth of 12% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 55.81 crore. The company posted an operating profit of Rs 0.97 crore for the quarter, in contrast to an operating loss of Rs 0.20 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net loss of Rs 0.10 crore, compared to a net loss of Rs 1.71 crore in the same period last year.

The company’s ROCE and ROE ratios are 14.9% and 11.1% respectively, while the stock is trading at a PE of 82 times in the market.

In terms of ownership, the Promoter holds 71.79%. The remaining 10.88% and 17.33% are held by the FIIs and public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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Softsol India jumps 10% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 310% to their shareholders in the past three years.

Softsol India Limited is engaged in information technology services and infrastructure facilities, including the leasing of properties or spaces. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 255.95 per share, indicating an approximate 15.7% increase compared to the previous day’s closing figure of Rs 234.40 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 257.80 per share on the BSE. The stock has reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 380.61 crore, and the stock has generated an impressive return of 60% during the past one year and around 310% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

Established in 1993, SoftSol stands as an esteemed provider of specialised IT services, dedicated to empowering its clientele for enhanced efficiency, innovation, regulatory adherence, and cost-effectiveness.

With its headquarters situated in California’s Silicon Valley, SoftSol has played a pivotal role in the IT landscape’s progression, contributing significantly to Web, SOA, Digital Transformation, Big Data, Cloud, and Artificial Intelligence/Machine Learning domains. By amalgamating core business strategies with pioneering technological advancements, SoftSol has actively supported renowned organizations such as the Department of Defence, California Department of Justice, Genentech, CalPERS, Cisco, Superior Court of California County of Alameda, and HBO, enabling them to lead in their respective industries.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 17.64 crore, reflecting an 18% year-on-year decline compared to the same quarter in the previous year, when the revenue stood at Rs 21.46 crore. The company posted an operating profit of Rs 0.83 crore for the quarter, contrasting with an operating profit of Rs 1.78 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 2.93 crore, compared to a net loss of Rs 3.03 crore in the same period last year. The company posted a net profit against a net loss compared to the same quarter in the previous year.

The company’s ROCE and ROE ratios are 8.25% and 4.10% respectively, while the stock is trading at a PE of 16.8 times in the market.

In terms of ownership, the Promoter holds 73.47%. The remaining 26.53% is held by public investors, as per the most recent update.

Stock Price Chart (Weekly)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

59

NRB Bearings Finance jumps 20% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 200% to their shareholders in the past three years.

NRB Bearings has pioneered the manufacturing of needle roller bearings in India since 1965. More than 90% of the vehicles running on Indian roads use bearings manufactured by NRB. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 282.10 per share, indicating an approximate 1.25% decline compared to the previous day’s closing figure of Rs 285.65 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 342.75 per share on the BSE. The stock has reached the upper circuit price limit of 20%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 3,322 crore, and the stock has generated an impressive return of 128% during the past one year and around 237% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

NRB Bearings Limited is an India-based company engaged in the ball and roller bearings business. The company’s products and services include needle roller bushes and cages, ball and roller bearings, and automobile components. It also manufactures ball bearings, taper roller bearings, and all types of thrust bearings. The company offers various friction solutions to the automotive and mobility sectors. It serves the mobility sector, catering to Indian original equipment manufacturers (OEMs) and tier-I customers. Its product range encompasses drawn cup needle bearings, polyamide, and steel needle bearing cages, full-complement needle bearings, formed strip caging for heavy gearboxes, cylindrical roller bearings, drawn cup cylindrical roller bearings, special ball bearings, tapered and spherical roller bearings, planetary shafts, and other special pins, crank pins, thrust bearings, and rocker-arm bearings.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 279 crore, reflecting a growth of 8.4% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 258 crore. The company posted an operating profit of Rs 46 crore for the quarter, in contrast to an operating profit of Rs 30 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 25 crore, compared to a net profit of Rs 13 crore in the same period last year. The company’s net profit has significantly grown around 92% YoY this quarter. The company’s ROCE and ROE ratios are 16.6% and 16.1% respectively, while the stock is trading at a PE of 30.4 times in the market.

In terms of ownership, the Promoter holds 50.63%. The FIIs and DIIs hold 14.31% and 19.48%, respectively, while the remaining 15.58% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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PTC Industries jumps 10% and hits the upper circuit today

The company’s shares have delivered an impressive return of over 1800% to their shareholders in the past three years.

PTC Industries Limited manufactures metal components for critical and supercritical applications in industries such as defence, oil & gas, liquefied natural gas (LNG), ships and marine. Today, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 6155 per share, indicating an approximate 2.4% increase compared to the Friday’s closing figure of Rs 6010.25 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 6611.25 per share on the BSE. The stock has reached the upper circuit price limit of 10%, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers.

The company’s current market capitalisation stands at Rs 8,975 crore, and the stock has generated an impressive return of 160% during the past one year and around 1829% return in the past three years.

Trading and Delivery Volumes (Daily):

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Business Overview

PTC Industries Limited is involved in the manufacturing and sale of high-precision metal castings. The company produces products for various critical applications across industries, including aerospace, defense, oil and gas, liquefied natural gas (LNG), ships and marine vessels, valves and flow control systems, power plants and turbines, pulp and paper machinery, and mining and earthmoving machinery. It offers a diverse range of materials, such as alloy steel, stainless steel, duplex and super duplex stainless steel, creep-resistant steel, and others. PTC Industries Limited specializes in manufacturing aerospace castings, industrial castings, titanium, and vacuum-melt alloy castings. Furthermore, it concentrates on powder metallurgy and precision computer numerical control (CNC) machining. The company’s advanced manufacturing capabilities encompass design and simulation, research and innovation, rapid manufacturing, robotics and automation, vacuum melting and pouring, additive manufacturing, and smart manufacturing.

Financial Performance

In the second quarter of FY24, the company reported revenues of Rs 57.51 crore, reflecting a growth of 6.42% YoY compared to the same quarter in the previous year, when the revenue stood at Rs 54.04 crore. The company posted an operating profit of Rs 15.68 crore for the quarter, in contrast to an operating profit of Rs 17.09 crore in the corresponding quarter of the previous year. Furthermore, the company reported a net profit of Rs 8.14 crore, compared to a net profit of Rs 7.64 crore in the same period last year. The company’s ROCE and ROE ratios are 12.2% and 11.8% respectively, while the stock is trading at a PE of 259 times in the market.

In terms of ownership, the Promoter holds 67.03%. The FIIs and DIIs hold 1.72% and 0.32%, respectively, while the remaining 30.92% is held by public investors, as per the most recent update.

Stock Price Chart (Daily)

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Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.