Stock of the day | Angel One

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102

Khaitan (India) Limited jumps 20% and hits the upper circuit

The company’s shares have delivered a remarkable return of around 375% to their shareholders in the past three years.

Khaitan (India) Limited, an India-based company, specialises in supplying fans in both economy and premium ranges under the original equipment manufacturer (OEM) brand. 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 88.80 per share, higher than the previous day’s closing figure of Rs 79.58 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 95.49 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 45.36 crore, and the stock has generated a return of 91% in the past year and an impressive return of 375% in the past three years.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Khaitan (India) Limited, an India-based company, specializes in supplying fans in both economy and premium ranges under the original equipment manufacturer (OEM) brand. Their product portfolio comprises electric ceiling, table, wall, pedestal, exhaust, and all-purpose fans, along with industrial air circulators, air coolers, domestic and agricultural pumps, lights, water heaters, and electric FHP motors. The company operates across three segments: agriculture, sugar, and electrical goods.

Financial Performance:

During the December quarter, the company reported revenues of Rs 13.72 crore, compared to the revenue of Rs 14.76 crore in the same quarter last year. The company’s operating profit stood at Rs 0.68 crore, resulting in an operating profit margin of 4.96%, compared to an operating profit of Rs 0.32 crore. Moreover, the company reported a net loss of Rs 0.43 crore, compared to a net profit of Rs 0.75 crore.

The company’s ROCE is at 7.52% while the company’s share is trading at a PE of 145 times in the market.

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.

103

Stock of the Day: Ganesh Housing Corporation jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable return of over 1300% to their shareholders in the past three years.

Ganesh Housing Corporation Limited is a real estate development company engaged in the construction of residential, commercial, and infrastructure projects. 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 785.65 per share, higher than the previous day’s closing figure of Rs 760.10 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 836.10 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 6972 crore, and the stock has generated a return of 157% in the past year and an impressive return of 1385% in the past three years.

Stock Price Chart (Daily):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Ganesh Housing Corporation Limited is an India-based real estate development company engaged in the construction of residential, commercial, and infrastructure projects. Its primary focus is on real estate promotion. The company has developed approximately 22 million square feet of land within the city and is currently working on another 35 million square feet. Ongoing residential projects include Malabar Exotica and Malabar County 3, while completed residential projects comprise Maple Tree Garden Homes, Malabar County 2, Malabar County 1, Sundarvan Epitome, Shangrila, Suyojan, Ratnam, and Maniratnam. The ongoing commercial project is Maple Trade Centre, with completed projects such as Magnet Corporate Park and GCP Business Center. The company’s subsidiaries include Madhukamal Infrastructure Private Limited and Gatil Properties Private Limited.

Financial Performance:

During the December quarter, the company reported revenues of Rs 181 crore, compared to the revenue of Rs 67 crore in the same quarter last year. The company’s operating profit stood at Rs 137 crore, resulting in an operating profit margin of 75%, compared to an operating profit of Rs 47 crore. Moreover, the company reported a net loss of Rs 101 crore, compared to a net profit of Rs 30 crore.

The company’s ROCE and ROE are at 23% and 10.5% respectively, while the company’s share is trading at a PE of 17.9 times in the market.

Investors must keep this stock on their radar.

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.

105

Stock of the Day: Hind Rectifiers jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable return of over 350% to their shareholders in the past three years.

Hind Rectifiers is primarily engaged in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipment, and railway transportation equipment. 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 613.95 per share, higher than the previous day’s closing figure of Rs 561.35 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 617.45 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 1057 crore, and the stock has generated a return of 223% in the past year and an impressive return of 351% in the past three years.

Stock Price Chart (Daily):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Hind Rectifiers Limited is an India-based company engaged in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipment, and railway transportation equipment. Its equipment division offers complete solutions in the design, manufacturing, and services in the field of power electronic equipment for aviation, power, telecommunication, and various industrial plants. The semiconductor division includes power diodes, thyristors, power modules, and special products. The traction division manufactures inverters, converters, rectifiers, and transformers. The company’s products include high-voltage power supplies for pollution control for power plants, large current rectifiers for electrochemical industries, and insulated-gate bipolar transistor (IGBT) based converters, transformers, and auxiliary panels for three-phase locos. Additionally, specially designed auxiliary panels for Linke Hofmann Busch (LHB) coaches are offered for railway transportation.

Financial Performance:

During the December quarter, the company reported revenues of Rs 136.63 crore, compared to the revenue of Rs 97.23 crore in the same quarter last year. The company’s operating profit stood at Rs 13.48 crore, resulting in an operating profit margin of 9.90%, compared to an operating profit of Rs 6.55 crore. Moreover, the company reported a net profit of Rs 1.52 crore, compared to a net profit of Rs 2.42 crore.

The company’s ROCE and ROE are at 5.29% and 3.99% respectively, while the company’s share is trading at a PE of 47.4 times in the market.

Investors must keep this stock on their radar.

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.

107

Dhruv Consultancy Services jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable return of over 280% to their shareholders in the past three years.

Dhruv Consultancy Services is a project management consultancy firm specializing in infrastructure. 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 110.80 per share, higher than the previous day’s closing figure of Rs 100.73 per share on the BSE. As of this article’s writing, the shares are currently at Rs 110.80 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 capitalization stands at Rs 168 crore, and the stock has generated a return of 105% in the past year and an impressive return of 287% in the past three years.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Dhruv Consultancy Services Limited is an India-based infrastructure consultancy company. The company provides infrastructural solutions, including roads, highways, bridges, architecture, waste management, and ports. It is engaged in designing, engineering, procurement, construction, and integrated project management services for highways, bridges, tunnels, architectural, environmental engineering, and ports. The company’s services include the preparation of Detailed Project Reports (DPR) and feasibility studies for infrastructure projects, operations and maintenance works, project management consultancy services, independent engineering, authority engineering, project planning, designing, estimation, traffic and transportation engineering, financial analysis, technical audits, structural audits, inspection of bridges, and techno-legal services. The company operates in Maharashtra, Gujarat, Karnataka, Uttar Pradesh, Bihar, Andhra Pradesh, Haryana, and others.

Financial Performance:

During the December quarter, the company reported revenues of Rs 22.60 crore, compared to the revenue of Rs 22.15 crore in the same quarter last year. The company’s operating profit stood at Rs 4.71 crore, resulting in an operating profit margin of 20.85%, compared to an operating profit of Rs 2.30 crore. Moreover, the company reported a net profit of Rs 2.71 crore, compared to a net profit of Rs 1.83 crore.

The company’s ROCE and ROE are at 11.1% and 9.37% respectively, while the company’s share is trading at a PE of 30 times in the market.

Investors must keep this stock on their radar.

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.

108

Premier Polyfilm Services jumps 20% and hits the upper circuit

The company’s shares have delivered a remarkable return of over 477% to their shareholders in the past three years.

Premier Polyfilm manufactures vinyl flooring, PVC sheeting, and artificial leather cloth, which are used for a variety of industrial and consumer applications. 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 181.65 per share, higher than the previous day’s closing figure of Rs 181.65 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 217.95 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 457 crore, and the stock has generated a return of 151% in the past year and an impressive return of 477% in the past three years.

Stock Price Chart (Daily):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Premier Polyfilm Limited is engaged in the manufacturing and sale of PVC films and sheets. The company manufactures and sells PVC films, sheets, and leather cloth. Its products include Marbled (Contract), Printed and Technical Flooring, Leather Cloth, Sheeting, Humidity Barrier, Geo Membrane, PVC Flexible Film, calendared leather cloth, PVC Geomembrane, PVC Recycled Compounds. The company markets its products under the brand names Polychallenger and Polyfloor. It offers heavy-duty flooring (Polychallenger) for porta cabins, offices, and shops; PVC transport flooring with silicon carbide for the transport sector; PVC sheet laminated with jute/polyester backing for extreme climatic conditions; PVC flexible film for lamination, shower curtains, and rainwear; poly anti-acidic flooring for chemical labs and factories; industrial flooring for heavy traffic applications; and calendared leather cloth for table covers and rickshaw covers, among others.

Financial Performance:

During the December quarter, the company reported revenues of Rs 60.97 crore, compared to the revenue of Rs 62.59 crore in the same quarter last year. The company’s operating profit stood at Rs 7.30 crore, resulting in an operating profit margin of 12%, compared to an operating profit of Rs 6.64 crore. Moreover, the company reported a net profit of Rs 4.23 crore, compared to a net profit of Rs 3.06 crore.

The company’s ROCE and ROE are at 19.6% and 17% respectively, while the company’s share is trading at a PE of 24.8 times in the market.

Investors must keep this stock on their radar.

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.

110

SJ Logistics jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable return of over 175% to their shareholders over its final IPO issue price.

SJ Logistics is engaged in the business of providing logistics and supply chain solutions to 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 332 per share, higher than the previous day’s closing figure of Rs 314.35 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 345.75 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 500.75 crore, and the stock has generated a return of 63% in the past one month, along with an impressive return of 177% over its final issue price of Rs 125 per share. The company’s stock debuted in the market on December 19, 2023, at a premium of 40%, trading at Rs 175 per share on the NSE.

Stock Price Chart (Daily):

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Trading and Delivery Volumes (Daily):

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Financial Performance:

During the December quarter, the company reported revenues of Rs 79.23 crore. The company’s operating profit stood at Rs 8.69 crore, resulting in an operating profit margin of 10.97%. Moreover, the company reported a net profit of Rs 6.18 crore with a net profit margin of 7.8% in the latest quarter.

Business Overview:

S J Logistics (India) Limited provides logistics and supply chain solutions and services. The company was incorporated in 2003. The company offers freight forwarding, customs clearance, and transportation handling services to companies in the yarn and textiles, automobile, heavy engineering, power transmission, rubber tapes, pharmaceuticals, carpets, handicrafts, and iron and steel products sectors. The company is based in Thane, Mumbai, and has a network of partners and vendors to meet the requirements of customers across India and abroad. S J Logistics has two subsidiaries, namely SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.

Investors must keep this stock on their radar.

Disclaimer: This blog 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.

112

United Van Der Horst jumps 5% and hits the upper circuit

The company’s shares have delivered a remarkable multibagger return of over 1500% to their shareholders in the past three years.

United Van Der Horst, incorporated in 1989 engaged in the business of providing reconditioning and manufacturing services to the core sectors. 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 317.40 per share, higher than the previous day’s closing figure of Rs 302.30 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 317.40 per share on the BSE. The stock has reached the upper circuit price limit of 5%, 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 196 crore, and the stock has generated a return of 274% in the past year and a multibagger return of 1540% in the past three years.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Incorporated in 1989, United Van Der Horst is in the business of providing reconditioning and manufacturing services to the core sectors. The company was formed as a collaboration between the UB Group (India) and Dr Van Der Horst BV (Holland). United Van Der Horst offers reconditioning, re-standardising, reverse engineering, and manufacturing services to core sectors and industries. This is achieved by combining patented techniques such as ‘Porous Krome’ and hard chrome plating with specialised welding processes, including grinding, honing, chrome plating, submerged arc welding, boring, vertical turret lathe, and groove grinding.

Financial Performance:

During the December quarter, the company reported revenues of Rs 6 crore, compared to the revenue of Rs 4.40 crore in the same quarter last year. The company’s operating profit stood at Rs 2.28 crore, resulting in an operating profit margin of 38%, compared to an operating profit of Rs 1.40 crore. Moreover, the company reported a net profit of Rs 0.89 crore, compared to a net profit of Rs 0.37 crore.

The company’s ROCE and ROE are at 8.90% and 6.94% respectively, while the company’s share is trading at a PE of 75.5 times in the market.

Investors must keep this stock on their radar.

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.

113

Welspun Investments and Commercials jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable multibagger return of over 4500% to their shareholders in the past decade.

Welspun Investments and Commercials deals in shares, securities, textile products, and commodities. 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 859 per share, higher than the previous day’s closing figure of Rs 851.85 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 930 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 339 crore, and the stock has generated a return of 257% in the past year and a multibagger return of 4547% in the past decade.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Welspun Investments and Commercials Limited (WICL) is an India-based investment company engaged in the business of investing, dealing in shares and securities, and trading textile products and commodities. The company operates through the investment activities segment, holding equity shares primarily in Welspun Group companies involved in Line Pipes, Steel, Infrastructure, and Oil & Gas. WICL focuses on trading opportunities across diverse sectors, leveraging the position of the Welspun Group.

Financial Performance:

During the December quarter, the company reported revenues of Rs 0.14 crore, compared to the revenue of Rs 0.09 crore in the same quarter last year. The company’s operating profit stood at Rs 0.07 crore, resulting in an operating profit margin of 50%, compared to an operating loss of Rs 0.01 crore. Moreover, the company reported a net profit of Rs 0.05 crore during the quarter.

The company’s ROCE and ROE are at 4.36% and 3.26% respectively, while the company’s share is trading at a PE of 61.6 times in the market.

Investors must keep this stock on their radar.

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.

115

Chemfab Alkalis jumps 20% and hits the upper circuit

The company’s shares have delivered a remarkable multi bagger return of around 390% to their shareholders in the past three years.

Chemfab Alkalis Limited is involved in the manufacturing of basic inorganic chemicals and PVCO pipes. 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 534.40 per share, higher than the previous day’s closing figure of Rs 530.05 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 636.05 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 capitalization stands at Rs 905 crore, and the stock has generated a return of 134% in the past year and a multi bagger return of around 390% in the past three years.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Weekly):

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Business Overview:

Chemfab Alkalis Limited is an India-based company engaged in the manufacturing of basic inorganic chemicals and polyvinyl chloride (PVCO) pipes. The company’s segments include Chemicals and Related Products/Services and PVC-O Pipes. The company is involved in producing caustic soda lye, liquid chlorine, hydrochloric acid, hydrogen gas, and sodium hypochlorite or bleach liquor. It produces two grades of caustic soda lye, namely 33% and 48%. The company manufactures PVC-O Pipes in two pressure classes, and they are PN12.5 (12.5 kilograms/square centimeters) and PN16 (16 kg/cm2).

Financial Performance:

During the December quarter, the company reported revenues of Rs 86.33 crore, compared to Rs 83.94 crore in the same quarter last year. The company’s operating profit stood at Rs 16.39 crore, resulting in an operating profit margin of 19%, compared to an operating profit of Rs 25.54 crore. Moreover, the company reported a net profit of Rs 8.16 crore, compared to a net profit of Rs 15.68 crore.

The company’s ROCE and ROE are at 28.2% and 20.7% respectively, while the company’s share is trading at a PE of 22.5 times in the market.

Investors must keep this stock on their radar.

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.

117

Stock of the day: Varanium Cloud jumps 10% and hits the upper circuit

During Q3 FY24, the company’s revenue and net profit showcased significant growth of 261% and 193% YoY, respectively.

Varanium Cloud provides services surrounding digital audio, video, and financial blockchain-based streaming 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 70.25 per share, higher than the previous day’s closing figure of Rs 66.10 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 72.70 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 317 crore, and the stock has generated a negative return of 32% in the past one month.

Stock Price Chart (Daily):

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Business Overview:

Varanium Cloud Limited is an India-based technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services. The Company provides digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a software as a service model, such as voice and video over Internet protocol solutions (VoIP) in the B2B and B2C segments. It provides low bandwidth digital education content platforms (EdTech) with complete learning management systems focused on non-urban areas under Edmission brand. Its products and services include Edmission (phy-gital) Learning Centre, JumpTalk (VoIP), online payment facilitation (PayFac) services, infrastructure as a service - hydra Web solutions and corporate and public wi-fi mesh services, and TUG Digital. The Company’s cable cloud services offer a white-labelled cloud-based solution for cable television and data.

Financial Performance:

During the December quarter, the company reported revenues of Rs 395 crore with an impressive growth of 261% YoY, compared to the revenue of Rs 109 crore in the same quarter last year. The company’s operating profit stood at Rs 114 crore, resulting in an operating profit margin of 29%, compared to an operating profit of Rs 40 crore. Moreover, the company reported a net profit of Rs 88 crore, compared to a net profit of Rs 30 crore representing a growth of 193% YoY.

Investors must keep this stock on their radar.

Disclaimer: This blog 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.

118

Dark horse stock of the day: Spectrum Foods jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable multibagger return of around 430% to their shareholders in the past three years.

Spectrum Foods is engaged in the trading of salt and power generation through windmills. 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 66.01 per share, higher than the previous day’s closing figure of Rs 60.01 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 66.01 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 32 crore, and the stock has generated a return of 26% in the past year and a multibagger return of around 428% in the past three years.

Stock Price Chart (Weekly):

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Trading and Delivery Volumes (Daily):

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Business Overview:

Spectrum Foods Ltd is engaged in the trading of salt and power generation through windmills. The company was incorporated in 1984. The company’s business extends into spices, salt, guar gum, renewable energy, turnkey projects, ropeway projects, hotels, and resorts.

Financial Performance:

During the December quarter, the company reported revenues of Rs 5.12 crore, compared to the revenue of Rs 3.68 crore in the same quarter last year. The company’s operating profit stood at Rs 1.76 crore, resulting in an operating profit margin of 34.38%, compared to an operating profit of Rs 1.40 crore. Moreover, the company reported a net profit of Rs 1.51 crore, compared to a net profit of Rs 1.03 crore.

The company’s ROCE and ROE are at 21.3% and 50.52% respectively, while the company’s share is trading at a PE of 10.4 times in the market.

Investors must keep this stock on their radar.

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.

119

NINtec Systems jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable multibagger return of over 6750% to their shareholders in the past three years.

NINtec Systems Limited is an India-based global technology company that provides software development services and solutions across the globe. 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 481.05 per share, higher than the previous day’s closing figure of Rs 462.30 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 508.50 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 944.59 crore, and the stock has generated a return of 182% in the past year and a multibagger return of around 6753% in the past three years.

Stock Price Chart (Weekly):

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Business Overview:

NINtec Systems Limited is an India-based global technology company that provides software development services and solutions across the globe. The company specializes in diverse industry verticals, such as automotive, print media and publishing, banking, financial services, and insurance (BFSI), transportation, and logistics. NINtec Systems Limited offers a range of services, including application development and maintenance, strategic offshore software product development, legacy system development and software migration, and search engine optimization. The company is also engaged in .NET development, game development, hypertext preprocessor (PHP) development, enterprise resource planning (ERP), and wireless, mobile, and wireless application protocol (WAP) development. Its services include business analytics, cloud services, application engineering, testing services, and artificial intelligence and machine learning.

Financial Performance:

During the December quarter, the company reported revenues of Rs 17.48 crore, compared to the revenue of Rs 8.93 crore in the same quarter last year. The company’s operating profit stood at Rs 4.95 crore, resulting in an operating profit margin of 28%, compared to an operating profit of Rs 1.89 crore. Moreover, the company reported a net profit of Rs 3.42 crore, compared to a net profit of Rs 1.21 crore.

The company’s ROCE and ROE are at 40.5% and 30.5% respectively, while the company’s share is trading at a PE of 83.4 times in the market.

Investors must keep this stock on their radar.


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.
120

Paisalo Digital jumps 10% and hits the upper circuit

The company’s shares have delivered a remarkable multibagger return of over 300% to their shareholders in the past five years.

Paisalo Digital operates as a Non-Deposit Taking Non-Banking Financial Company, offering various financial solutions including business loans, SME & MSME loans, and income generation loans tailored for business and self-employment endeavours. 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 106.95 per share, lower than the previous day’s closing figure of Rs 112 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 123.20 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 5531.95 crore, and the stock has generated a return of 118% in the past year and a multibagger return of around 313.84% in the past five years.

Stock Price Chart (Daily):

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Business Overview:

Paisalo Digital Limited is a non-deposit-taking, non-banking financial company engaged in providing loans. It operates through the financing segment. The Company offers several financial products, such as business loans, small and medium enterprise (SME) and micro, small, and medium enterprise (MSME) loans, and income generation loans for business/self-employment purposes. It provides small income generation loans, mobility loans, and entrepreneurial loans. Its small income generation loans are designed to support individuals or small businesses in generating income. These loans provide access to capital that can be utilized for various income-generating purposes. Its lending product offers accessible and affordable financing options for individuals seeking to purchase mobility products. Its entrepreneurial loan is designed to empower entrepreneurs and small business owners by offering accessible financing solutions to fuel business growth and expansion.

Financial Performance:

During the December quarter, the company reported revenues of Rs 183 crore, compared to the revenue of Rs 112 crore in the same quarter last year. The company’s financing profit stood at Rs 77 crore, resulting in an operating profit margin of 42%, compared to a financing profit of Rs 38 crore. Moreover, the company reported a net profit of Rs 56 crore, compared to a net profit of Rs 28 crore.

The company’s ROCE and ROE are at 11.40% and 8.92% respectively, while the company’s share is trading at a PE of 33.4 times in the market.

Investors must keep this stock on their radar.

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.