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142

HEC Infra Projects Rallies 10% and Hits Upper Circuit

The shares of HEC Infra Projects have delivered a remarkable return of over 200% to their shareholders in the past years.

HEC Infra Projects Limited is an India-based company, which provides electrical engineering services. The Company is an electrical and electro-mechanical contractor for clients and consultants. 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 98.60 per share, compared to the previous day’s closing figure of Rs 89.65 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 98.60 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 99.96 crore, and the stock has generated an impressive return of around 213% in the past year.

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Business Overview

HEC Infra Projects Limited is an India-based company, which provides electrical engineering services. The Company is an electrical and electro-mechanical contractor for clients and consultants. The Company provides services relating to the electro-mechanical project sector. It offers integrated solutions and end-to-end services ranging from design, supply, installation, and commissioning of overhead transmission lines, substations, underground cable lying, switchyard, water pumping stations, lighting systems, industrial and commercial electrification, solar photovoltaic (PV) plants, extra low voltage (ELV) systems, battery energy storage system, and mini / micro-grid solar projects. The Company caters to various industries, including steel, chemical, cement, refineries, petrochemicals, gas and oil sector, textile, pharmaceuticals, power-generation plants, ports, commercial centers, banks, malls, multiplexes, call centers, software parks and special economic zone (SEZ).

Financial Performance

In Q3 FY24, HEC Infra Projects reported a revenue of Rs 17.09 crore, representing a year-on-year growth of 48.61% from Rs 11.50 crore in the same quarter last year. The operating profit of the company stands at Rs 1.33 crore, with an operating profit margin of 7.78% compared to Rs 0.97 crore in the same quarter last year. The company’s net profit stood at Rs 3.78 crore in the December quarter, a significant improvement compared to a net profit of Rs 0.04 crore representing a gain of around 9350% YoY.

Regarding ownership, the promoters hold 73.20% of the company, DIIs hold 8.52% while the public shareholder holds 18.27%.

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.

143

RIR Power Electronics Rallies 5% and Hits Upper Circuit

The shares of RIR Power Electronics, hitting back-to-back upper circuits for the past few days, have delivered a multibagger return of over 11,900% in the past decade.

RIR Power Electronics is engaged in the manufacturing of traditional semiconductor devices such as bridges, power modules, diodes, rectifiers, and thyristors. 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 1351.35 per share, compared to the previous day’s closing figure of Rs 1287 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 1351.35 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 940 crore, and the stock has generated an impressive return of around 341% in the past year.

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Financial Performance

In Q3 FY24, RIR Power Electronics reported a revenue of Rs 14.71 crore, representing a year-on-year growth of 4.62% from Rs 14.06 crore in the same quarter last year. The operating profit of the company stands at Rs 1.55 crore, with an operating profit margin of 10.54% compared to Rs 2.26 crore in the same quarter last year. The net profit of the company stood at Rs 1.12 crore in the December quarter, a significant improvement compared to a net profit of Rs 1.88 crore.

In terms of ownership, the promoters hold 69.73% of the company, while the public shareholder holds 30.26%.

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.

144

Pratham EPC Projects Rallies 20% and Hits Upper Circuit

The shares of Pratham EPC Projects have delivered a remarkable return of over 118% from its final IPO issue price of Rs 75 per share.

Pratham EPC Projects provides end-to-end services to oil and gas utilities in India. The company specialises in integrated engineering, procurement, construction, and commissioning. Today, despite the market starting the week with bearish sentiment, the company experienced a significant surge in its share price.

At the start of the day’s trading session, the stock opened at Rs 158 per share, compared to the previous day’s closing figure of Rs 136.25 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 163.50 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 290 crore, and the stock has generated an impressive return of around 118% over its final IPO issue price of Rs 75 each.

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Financial Performance

In the September quarter of FY24, Pratham EPC Projects reported a revenue of Rs 34.78 crore. The operating profit of the company stands at Rs 7.19 crore, with an operating profit margin of 20.67%. The net profit of the company stood at Rs 5.24 crore in the September quarter. The total borrowings of the company stand at Rs 9.52 crore, while the reserves and surplus stand at Rs 10.25 crore. The company’s net worth during the September quarter stands at Rs 23.21 crore.

Business Overview

Established in 2014, Pratham EPC Projects Limited provides end-to-end services to oil and gas utilities in India. The company specialises in integrated engineering, procurement, construction, and commissioning. The company undertakes gas pipeline projects, including welding, testing, and commissioning. Pratham specializes in oil and gas pipelines and offshore water distribution projects and undertakes tendering and management.

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.

145

Solex Energy Rallies 10% and Hits Upper Circuit

The shares of Solex Energy have delivered an impressive return of over 3500% to their shareholders in the past five years.

Solex Energy is an India-based company engaged in the manufacturing of solar photovoltaic modules. The company offers a diverse product range, including monofacial and bifacial modules across various power capacities. 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 970 per share, compared to the previous day’s closing figure of Rs 923.35 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 1015.65 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 812.52 crore, and the stock has generated an impressive return of around 150% in the past year and 3527% in the past five years.

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Financial Performance

In the first half of FY24, Solex Energy reported revenue of Rs 93 crore, compared to Rs 21 crore in the same period last year. The operating profit of the company stands at Rs 9 crore, with an operating profit margin of 9%, compared to Rs 2 crore in the same period last year. The net profit of the company stood at Rs 1 crore in the first half of FY24.

In terms of ownership, the promoters hold 70.66% of the company, while DIIs hold 1.10% and the public shareholder holds 28.24%.

Business Overview

Solex Energy Limited is an India-based company engaged in the manufacturing of solar photovoltaic modules. The company offers a diverse product range, including monofacial and bifacial modules across various power capacities. It focuses on manufacturing solar photovoltaic modules while also providing turnkey solar solutions across different segments such as solar power plants, solar water pumps, and utility-scale ground-mounted solar power plants. The company’s solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, Solar Water Pump, Solar Charging Stations, and Solar Carport.

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.

146

Indo Tech Transformers Rallies 10% and Hits Upper Circuit

The shares of Indo Tech Transformers have delivered an impressive return of over 1600% to their shareholders in the past three years.

Indo Tech Transformers is engaged in the manufacturing of power and distribution transformers, as well as various special application transformers, mobile substation transformers, and substations. 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 1554.95 per share, compared to the previous day’s closing figure of Rs 1432.65 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 1575.90 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 1673 crore, and the stock has generated an impressive return of around 758% in the past year and a 1676% in the past three years.

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Financial Performance

In Q3 FY24, Indo Tech Transformers reported a revenue of Rs 139 crore, representing a year-on-year growth of 67% from Rs 84 crore in the same quarter last year. The operating profit of the company stands at Rs 15 crore, with an operating profit margin of 11% compared to Rs 5 crore in the same quarter last year. The net profit of the company stood at Rs 11 crore in the December quarter, an improvement compared to a net profit of Rs 4 crore representing a gain of around 175% YoY.

In terms of ownership, the promoters hold 75% of the company, while the remaining stake of 25% is held by public shareholders.

Business Overview

Indo Tech Transformers Limited is an India-based transformer manufacturing company engaged in the business of manufacturing power and distribution transformers, along with various special application transformers, mobile sub-station transformers, and sub-stations. The company also manufactures power, distribution, inverter, and converter special application transformers, serving various industries such as transmission, generation, hydro, wind, solar, steel, cement, textiles, utilities, DISCOMS, and more. The range of power transformers manufactured by the company varies from 5MVA/33KV to 31.5MVA/132KV, including two-winding, three-winding, and autotransformers. The company operates a large power transformer facility in Kancheepuram, Tamil Nadu, with an installed capacity of 6000 MVA.

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.

147

Hind Rectifiers Rallies 10% and Hits Upper Circuit

The shares of Hind Rectifiers have delivered an impressive return of over 500% to their shareholders in the past three years.

Hind Rectifiers is primarily engaged in the development, design, manufacture, and marketing of 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 700.15 per share, compared to the previous day’s closing figure of Rs 670.60 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 737.65 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 1264.17 crore, and the stock has generated an impressive return of around 264% in the past year and 502% in the past three years.

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Financial Performance

In Q3 FY24, Hind Rectifiers reported a revenue of Rs 136.63 crore, representing a year-on-year growth of 40.52% from Rs 97.23 crore in the same quarter last year. The operating profit of the company stands at Rs 13.48 crore, with an operating profit margin of 9.87% compared to Rs 6.55 crore in the same quarter last year. The net profit of the company stood at Rs 1.52 crore in the December quarter, an improvement compared to a net profit of Rs 2.42 crore.

Ownership-wise, the promoters possess 44.08% of the company, with FIIs and DIIs holding 5.72% and 0.01%, respectively. The remaining stake of 50.18% is held by public shareholders.

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 design, manufacturing, and services in the field of power electronic equipment for aviation, power, telecommunication, and various industrial plants. Its semiconductor division includes power diodes, thyristors, power modules, and special products. Its 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, as well as specially designed auxiliary panels for Linke Hofmann Busch (LHB) coaches for railway transportation.

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.

148

Mangalam Worldwide Rallies 20% and Hits Upper Circuit

The company has recently announced its Q4 FY24 financial results, with the net profit jumping 71% year-on-year to Rs 12 crore from Rs 7 crore.

Mangalam Worldwide Limited (MWL) is involved in the manufacturing and trading of steel products as well as other merchandise. Additionally, the company provides consultancy 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 158.20 per share, compared to the previous day’s closing figure of Rs 131.85 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 158.20 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 387 crore, and the stock has generated an impressive return of around 35% in the past month and 21.1% in the past year.

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Financial Performance

In Q4 FY24, Mangalam Worldwide reported a revenue of Rs 237 crore, representing a year-on-year growth of 10.67% from Rs 214 crore in the same quarter last year. The operating profit of the company stands at Rs 12 crore, with an operating profit margin of 5% compared to Rs 10 crore in the same quarter last year. The net profit of the company stood at Rs 12 crore in the March quarter, an improvement compared to a net profit of Rs 7 crore representing a growth of 71% during the quarter.

In terms of ownership, the promoters hold 66.05% of the company, and the FIIs own 0.06% while the remaining stake of 33.89% is held by public shareholders.

Business Overview

Mangalam Worldwide Limited is an India-based company engaged in the manufacturing of stainless steel (SS) billets and rolling of SS flat bars. Its infrastructure includes steel melting shops, rolling mills, and finishing machines at plants in Halol (Unit-I) and Changodar (Unit-II), Gujarat. Additionally, the company manufactures SS billets on a job-work basis and trades steel scrap, ferroalloys, and other materials. Its stainless steel products range from 200 series to 400 series, including grades in Austenitic, Ferritic, and Martensitic, and special chemical composition grades such as 17/4 PH, Duplex, and Super Duplex Steel. These products find applications in various industries including food and dairy equipment, utensils, oil and gas, aerospace, and medical devices. Mangalam Worldwide Limited serves customers across Rajasthan, Gujarat, Maharashtra, Uttar Pradesh, and Brazil.

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.

150

Tejas Networks Rallies 20% and Hits Upper Circuit

The shares of Tejas Networks have delivered an impressive return of around 490% to their shareholders in the past three years.

Tejas Networks designs and manufactures wireline and wireless networking products with a focus on technology, innovation, and R&D. 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 1013.70 per share, compared to the previous day’s closing figure of Rs 905.75 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 1086.90 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 18,554 crore, and the stock has generated an impressive return of around 71% in the past year and 488% in the past three years.

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Financial Performance

In Q4 FY24, Tejas Networks reported a revenue of Rs 1171 crore, representing a year-on-year growth of 291% from Rs 299 crore in the same quarter last year. The operating profit of the company stands at Rs 150 crore, with an operating profit margin of 13% compared to an operating loss of Rs 8 crore in the same quarter last year. The net profit of the company stood at Rs 147 crore in the March quarter, a significant improvement compared to a net loss of Rs 11 crore.

In terms of ownership, the promoters hold 55.60% of the company, and the FIIs and DIIs owns 11.33% and 4.76% while the remaining stake of 28.31% is held by public shareholders.

Business Overview

Tejas Networks Limited is a wireline and wireless telecom and data networking products company. The Company designs, develops, and manufactures products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. The Company’s products include xPon-based fiber broadband access, converged packet optical, OTN/DWDM, carrier Ethernet routing & switching, and network management software. The Company’s services include customer services, building services, managed services, consultancy services, and nurture services. Its customers include telecommunications service providers, Internet service providers, web-scale Internet companies, utility companies, defense companies, and government entities. The Company also exports its products to overseas territories.

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.

151

Byke Hospitality Rallies 10% and Hits Upper Circuit

The shares of Byke Hospitality have delivered an impressive return of around 300% to their shareholders in the past three years.

The Byke Hospitality Limited, an India-based company, operates a hospitality brand primarily focused on hoteliering. The company operates in three business segments: Owned, Lease, and Management contracts. 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 68.42 per share, compared to the previous day’s closing figure of Rs 67.18 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 73.89 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 296 crore, and the stock has generated an impressive return of around 95% in the past year and 310% in the past three years.

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Financial Performance

In Q3 FY24, Byke Hospitality reported a revenue of Rs 21.08 crore, representing a year-on-year decline of 33.42% from Rs 31.66 crore in the same quarter last year. The operating profit of the company stands at Rs 9.63 crore, with an operating profit margin of 46% compared to an operating profit of Rs 9.99 crore in the same quarter last year. The net profit of the company stood at Rs 1.01 crore in the December quarter, an improvement compared to a net profit of Rs 0.97 crore.

In terms of ownership, the promoters hold 42.83% of the company, and the FIIs and DIIs own 0.15% and 0.80% while the remaining stake of 56.22% is held by public shareholders.

Business Overview

The Byke Hospitality Limited, an India-based company, operates a hospitality brand primarily focused on hoteliering. The company operates in three business segments: Owned, Lease, and Management contracts. It has properties under lease, management contracts, and ownership across the world. The company’s restaurants and banquets exclusively serve vegetarian food. With a portfolio of 16 properties, it owns two, has 13 on long-term lease, and manages one under The Byke Brand. The company also provides online room service and complaint portals for guests to place orders or report issues directly. Among its properties are The Byke Suraj Plaza, The Byke Studio Apartments, The Byke Brightlands Resort, The Byke Grassfield, The Byke Old Anchor, and The Byke Heritage. Additionally, the company has recently operationalized two new properties: BYKE Delotel in Borivali, Mumbai, Maharashtra, and BYKE Royal Pearl in North Goa.

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.

152

Raj Oil Mills Rallies 20% and Hits Upper Circuit

The shares of Raj Oil Mills have delivered an impressive return of over 5900% to their shareholders in the past five years.

Raj Oil Mills Limited is an India-based company primarily engaged in the manufacturing and trading of edible oils. 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 73 per share, compared to the previous day’s closing figure of Rs 62.82 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 75.38 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 112.98 crore, and the stock has generated an impressive return of around 87% in the past year and 5952% in the past five years.

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Financial Performance

In Q3 FY24, Raj Oil Mills reported a revenue of Rs 35.61 crore, representing a year-on-year decline of 16.51% from Rs 42.65 crore in the same quarter last year. The operating profit of the company stands at Rs 1.70 crore, with an operating profit margin of 4.80% compared to an operating profit of Rs 1.49 crore in the same quarter last year. The net profit of the company stood at Rs 1.07 crore in the December quarter, compared to a net profit of Rs 1.13 crore.

In terms of ownership, the promoters hold 75% of the company, while the remaining stake of 24.99% is held by public shareholders.

Business Overview

Raj Oil Mills Limited is an India-based company primarily engaged in the manufacturing and trading of edible oils. The company operates through the Edible Oil and Cakes segment and offers its products under various brands, including Guinea, Cocoraj, Tilraj, Kacchi Ghani Mustard Oil, and Divya Shakti. The company has its edible oil manufacturing unit in Mumbai.

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.

154

Tech Mahindra Rallies 10% and Hits Upper Circuit

The price of this ATM call option contract surged by around 250% in the early morning session. An investment of Rs 25,800 per lot became Rs 90,300 in the early morning session

Tech Mahindra provides a comprehensive range of IT services, including IT-enabled services, application development and maintenance, consulting, and enterprise business solutions, to a diversified base of corporate customers in a wide range of industries. 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 1245.30 per share, compared to the previous day’s closing figure of Rs 1190.10 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 1309.10 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 1,27,873 crore, and the stock has generated an impressive return of around 31% in the past year.

Moreover, the option price of the ATM Call Option Contract, based on the previous day’s closing price of Rs 1190, results in an ATM Call Option contract price of Rs 1200. The price of this option contract surged by around 250% in the early morning session. An investment of Rs 25,800 per lot became Rs 90,300 in the early morning session.

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Financial Performance

In Q4 FY24, Tech Mahindra reported a revenue of Rs 12,871 crore, representing a year-on-year de-growth of 6.17% from Rs 13,718 crore in the same quarter last year. The operating profit of the company stands at Rs 1,099 crore, with an operating profit margin of 9% compared to an operating loss of Rs 1,803 crore in the same quarter last year. The net profit of the company stood at Rs 664 crore in the March quarter, compared to a net profit of Rs 1,125 crore.

In terms of ownership, the promoters hold 35.08% of the company, while the FIIs and DIIs own 24.15% and 29.42%, respectively. The remaining 11.16% stake is held by public shareholders.

Business Overview

Tech Mahindra Limited is an India-based provider of digital transformation, consulting, and business re-engineering services and solutions. The company operates through two segments: Information Technology (IT) Services and Business Processing Outsourcing (BPO). Its geographical segments include the Americas, Europe region, India, and the rest of the world. The company’s products/services include telecom services, consulting, application outsourcing, infrastructure outsourcing, engineering services, business services groups, platform solutions, and mobile value-added services. The company serves industries including communications, manufacturing, technology, media and entertainment, banking, financial services, insurance, retail, transport, and logistics.

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.

155

Oriana Power Rallies 10% and Hits Upper Circuit

The shares of Oriana Power have yielded an impressive multibagger return of over 350% in the past six months.

Oriana Power Limited supplies solar energy solutions to industrial and commercial clients. 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 1599.90 per share, compared to the previous day’s closing figure of Rs 1462.75 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 1609 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 3,086 crore, and the stock has generated an impressive return of around 354% in the past six months.

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Financial Performance

In FY23, Oriana Power reported a revenue of Rs 136 crore, representing a year-on-year growth of 9.85% from Rs 124 crore in FY22. The operating profit of the company stands at Rs 20 crore, with an operating profit margin of 15% compared to an operating profit of Rs 12 crore. The net profit of the company stood at Rs 11 crore in FY23, compared to a net profit of Rs 7 crore.

In terms of ownership, the promoters hold 61.41% of the company, and the FIIs and DIIs own 1.17% and 1.94% while 35.48% stake is held by public shareholders.

Business Overview

Oriana Power Limited, based in India, specializes in supplying solar energy solutions to industrial and commercial clients. Their focus lies in delivering low-carbon energy solutions through the installation of on-site solar projects, including rooftop and ground-mounted systems, as well as off-site solar farms. The company operates primarily through two segments which are Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). In the CAPEX model, clients invest in capital expenditure independently, while Oriana Power handles engineering, procurement, construction, and operation of solar projects on their behalf. Under the RESCO model, the company operates through its subsidiaries, providing solar energy solutions on a build, own, operate, transfer (BOOT) basis. Their solutions encompass various offerings such as floating solar panels, rooftop solar installations, and hydrogen electrolyzers, among others.

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.

156

Atmastco Rallies 10% and Hits Upper Circuit

The shares of Atmastco have delivered an impressive return of approximately 85% over its final IPO issue price. Complete details inside.

Atmastco Limited is a turnkey or EPC contractor, providing multi-disciplinary services and project management solutions in the ferrous and non-ferrous 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 242.60 per share, compared to the previous day’s closing figure of Rs 239.85 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 263.80 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 652.50 crore, and the stock has generated an impressive return of around 85% over its final IPO issue price

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Trading and Delivery Volumes (Daily)

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IPO History

On February 23, 2024, Atmastco Limited was listed with a final issue price of Rs 77 per share. The lot size stood at 1600 shares. The company’s IPO was oversubscribed by 17.61 times on the final day. Specifically, the public issue was oversubscribed by 18.24 times in the retail category, in the QIB category, and 14.92 times in the NII category. The total issue size amounted to Rs 56.25 crore. On the listing day, the stock debuted at Rs 91, representing a gain of around 18% compared to the final issue price of Rs 77 per share.

Business Overview

Atmastco Limited is an engineering-based company engaged in the business of engineering, procurement, and construction (EPC), steel fabrication, and defense. It focuses on executing turnkey/EPC contracts in the ferrous and non-ferrous sectors, providing end-to-end solutions with multi-disciplinary services and project management. The company also manufactures products, including precision equipment and heavy fabrication structures for various industrial uses such as ceiling girders, railway girders, columns and bracings, bolted structures, equipment, pressure ducts, and box columns. These products find applications in power and energy, steel plants, cement plants, railway bridges, water treatment plants, refineries, fertilizer plants, and pre-engineered buildings. Additionally, Atmastco Limited is involved in trading steel, iron, chemical alloys, metals, grinding wheels, welding electrodes, abrasives, and industrial helmets.

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.

157

Sona Machinery Rallies 20% and Hits Upper Circuit

The shares of Sona Machinery have delivered a return of approximately 14% over its final IPO issue price. Complete details inside.

Incorporated in 2001, Sona Machinery Limited manufactures machinery for agricultural processing. 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 163.95 per share, compared to the previous day’s closing figure of Rs 136.65 per share on the NSE. As of the time of writing this article, the shares are currently at Rs 163.95 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 225 crore, and the stock has generated an impressive return of around 14% in the past year.

Stock Price Chart (Daily)

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IPO History

On March 13, 2024, Sona Machinery Limited was listed with a final issue price of Rs 143 per share. The lot size stood at 1000 shares. The company’s IPO was oversubscribed by 273.50 times on the final day. Specifically, the public issue was oversubscribed by 235.06 times in the retail category, in the QIB category by 129.72, and 554.42 times in the NII category. The total issue size amounted to Rs 51.82 crore. On the listing day, the stock debuted at Rs 125 per share.

Business Overview

Sona Machinery Ltd is an India-based diversified agro-processing equipment manufacturer. The company manufactures equipment for the processing of rice, pulses, wheat, spices, and barnyard millet. Its product portfolio includes grain pre-cleaner machines, rotary drum cleaners, vibro classifiers, stone separator machines, paddy de-huskers, husk aspirators, rice thick/thin graders, rice whiteners, silky polishers, multi graders, length graders, belt conveyors, and bucket elevators along with complete projects for rice mills and ethanol distilleries. The company’s services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section, which includes grain unloading and milling solutions up to pre-masher for ethanol distilleries and paddy unloading to rice packaging for rice mill industries. Its milling machinery can be customized as per the customer’s requirements based on the variety, standard, and quality of rice.

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.

158

Mahalaxmi Rubtech Rallies 20% and Hits Upper Circuit

The shares of Mahalaxmi Rubtech have delivered a return of approximately 1098% to its shareholders over the past decade.

Mahalaxmi Rubtech manufactures and markets traditional textiles and polymer-based technical textiles & rubber products. 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 217.95 per share, compared to the previous day’s closing figure of Rs 200.70 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 240.80 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 255.74 crore, and the stock has generated an impressive return of around 715% in the past three years.

Stock Price Chart (Weekly)

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Financial Performance

In December 2023, Mahalaxmi Rubtech Limited reported sales of Rs 74.76 crore rupees, reflecting a notable increase from the Rs 66.25 crore rupees reported in December 2022, marking a year-on-year sales growth of 12.85%. Despite the growth in sales, the company’s operating profit decreased slightly from Rs 5.35 crore rupees in December 2022 to Rs 5.19 crore rupees in December 2023. This resulted in a decline in the operating profit margin from 8.08% to 6.94% over the same period. However, the net profit showed a positive trend, rising from Rs 2.11 crore rupees in December 2022 to Rs 2.26 crore rupees in December 2023. Overall, while the company experienced sales growth, its operating profit margin contracted, albeit with a modest increase in net profit.

Business Overview

Mahalaxmi Rubtech Limited is an India-based company engaged in the business of traditional textile and technical textile products. The Company’s segments include Traditional Textile and Polymer-based Technical Textile & Rubber. The Traditional Textile segment comprises two separate units for weaving and processing. Within the Textile division, it operates three separate units: Maheeka Textech (A Weaving Unit), Mahalaxmi Global (A Trading Unit), and Mahalaxmi Fabric Mills (A Fabric Processing Unit). The Polymer-Based Technical Textile & Rubber segment manufactures offset rubber printing blankets and a variety of technical coated fabrics. This division produces offset rubber printing blankets for sheet-fed, web, metal deco, packaging, and security printing applications. Additionally, it manufactures various types of technical coated fabrics. The company has a global presence in over 40 countries, with applications spanning packing, metal deco, and packaging.

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.

159

Tinna Rubber & Infrastructure Rallies 5% and Hits Upper Circuit

The shares of Tinna Rubber & Infrastructure have delivered a return of over 5600% to its shareholders over the past three years.

Tinna Rubber & Infrastructure is primarily engaged in the conversion of end-of-life tires (ELT) into crumb rubber and steel wires obtained in the process. 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 988 per share, compared to the previous day’s closing figure of Rs 943.45 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 990.60 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 1696.85 crore, and the stock has generated an impressive return of around 5609% in the past three years.

Stock Price Chart (Weekly)

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Financial Performance

In December 2023, Tinna Rubber & Infrastructure reported sales of Rs 93.02 crore rupees, reflecting a notable increase from the Rs 75.20 crore rupees reported in December 2022, marking a year-on-year sales growth of 23.70%. The company’s operating profit decreased grew from Rs 8.31 crore in December 2022 to Rs 15.51 crore. This resulted in an increase in the operating profit margin from 11.05% to 16.67% over the same period. Similarly, the net profit showed a positive trend, rising from Rs 4.70 crore in December 2022 to Rs 9.96 crore in December 2023. Overall, while the company experienced sales growth, its operating profit margin contracted, albeit with a modest increase in net profit.

Business Overview

Tinna Rubber & Infrastructure is primarily engaged in the conversion of end-of-life tires (ELT) into crumb rubber and steel wires obtained in the process. The company is primarily involved in the recycling of waste tires/end-of-life tires (ELT) and the manufacturing of value-added products. It manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ultrane crumb rubber compound, cut wire shots, etc. These products are primarily used in the road construction, tire manufacturing, and auto part industries for making and repairing roads, tires, and auto parts.

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.

https://tinyurl.com/yvrztydy

160

Dynacons Systems and Solutions Rallies 10% and Hits Upper Circuit

The shares of Dynacons Systems and Solutions have delivered a return of over 973% to its shareholders over the past three years.

Dynacons Systems and Solutions is engaged in systems integration, which includes the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation 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 1140.05 per share, compared to the previous day’s closing figure of Rs 1152.30 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 1267.50 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 1611 crore, and the stock has generated an impressive return of around 4492% in the past five years.

Stock Price Chart (Daily)

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Financial Performance

In December 2023, Dynacons Systems and Solutions reported sales of Rs 227 crore, reflecting a notable increase from the Rs 172 crore reported in December 2022, marking a year-on-year sales growth of 31.86%. The company’s operating profit grew from Rs 12 crore in December 2022 to Rs 19 crore. This resulted in an increase in the operating profit margin from 7% to 8% over the same period. Similarly, the net profit showed a positive trend, rising from Rs 8 crore in December 2022 to Rs 13 crore in December 2023.

Business Overview

Dynacons Systems and Solutions Limited is an information technology (IT) solutions company. The company is engaged in systems integration, which includes the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation Services. It undertakes all activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration of large network and data center infrastructures, including the supply of associated equipment and software; HyperConverged Infrastructure (HCI) solutions, setup of private and public clouds, software-defined network (SD-WAN) solutions, onsite and remote facilities management of multi-location infrastructure for domestic clients. It provides end-to-end technology and technology-related services to corporations across industry verticals. It provides all service models, such as infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).

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.

161

Bombay Metric Supply Chain Rallies 20% and Hits Upper Circuit

The shares of Bombay Metric Supply Chain have delivered a return of around 29% to its shareholders over the past one month.

Incorporated in 2015, Bombay Metrics Supply Chain engages in the trading of engineering tools and components, as well as providing supply chain management 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 123.40 per share, compared to the previous day’s closing figure of Rs 102.85 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 123.40 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 75.98 crore, and the stock has generated an impressive return of around 28.5% in the past one month.

Stock Price Chart (Daily)

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Financial Performance

In FY24, Bombay Metric Supply Chain reported sales of Rs 85.68 crore rupees, reflecting a notable increase from the Rs 69.16 crore rupees reported in March 2023, marking a year-on-year sales growth of 23.89%. The company’s operating profit grew from Rs 1.55 crore in March 2023 to Rs 4.96 crore. This resulted in an increase in the operating profit margin from 4.01% to 5.79% over the same period. Similarly, the net profit showed a positive trend, rising from Rs 2.75 crore in March 2023 to Rs 3.39 crore.

Business Overview

Bombay Metric Supply Chain Limited is a full-service provider of global manufacturing, engineering, and supply chain management services to and from India. The company is engaged in the trading of engineering tools and components, as well as supply chain management services. It provides die casting, investment casting, extrusion, assemblies, CNC machining, forging, stampings, and rubber molding. The company also offers services in advanced engineering, 3D scanning, rapid prototyping, flow simulation, project management, and quality management. Its aluminum die casting capabilities include aluminum die casting, aluminum alloy die casting, hot chamber die casting, cold chamber die casting, engineering assistance, quality audits, import/export services, global logistics management, assembly, painting, anodizing, warehousing, and inventory management. It serves various industries such as lighting, automotive, agriculture, electronic components, and e-mobility.

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.