Browsing category Stock Market

DCX Systems Limited IPO – Review


DCX Systems Limited - among the leading Indian players for the “manufacture of electronic sub-systems and cable harnesses” is planning to raise INR 500 Cr via IPO [Fresh Issue 400 Cr + OFS 100 Cr]   DCX Systems Limited - Company Details Started operations in the year 2011, DCX Systems Limited has been a preferred IOP (Indian Offset Partner) for foreign OEMs (original equipment manufacturers) for executing “aerospace and defence manufacturing projects” DCX Systems Limited -

Clean Science & Technology Limited: Value Pick Stock August 2022, Update


Update "Q2 FY 2022-23 Numbers"   Clean Science and Technology Ltd - one of the leading chemical manufacturers globally has presented its Q2 FY22-23 numbers today – On a consolidated basis the Revenue from the operations of the company stood at INR 247.51 Cr for the period ended 30 September 2022, UP 5.77% Q-O-Q basis (INR 234 Cr as on 30 June 2022) and UP 61.77% Y-O-Y basis (INR 153.16 Cr as on 30 September 2021) For the quarter ended 30 September 2022 the Expenses of the company stood

Polycab India Limited: Value Pick Stock October 2019, Update


Update "Q2 FY 2022-23 Numbers"   Polycab India Limited (PIL) - one of the fastest growing FMEG companies in the country has posted its Q2 FY2022-23 numbers today. Revenue of the company grew by 11 percent Y-O-Y to INR 3332.4 Cr in spite of high base, declining commodity prices, and escalating inflation on the back of healthy volume growth in Cables and Wires business, Cables and Wires business revenue grew by 13 percent Y-O-Y basis to INR 2925.9 Cr. Domestic distribution driven

GTPL Hathway Limited – Update


Update "Q2 FY 2022-23 Numbers"   GTPL Limited - the 6th largest “Private Wireline Broadband” service provider in India has posted its Q2 FY2022-23 numbers today. On a consolidated basis the Revenues of the company stood at INR 654.98 Cr for the period ended 30 September 2022 which was INR 630.89 Cr for the previous quarter, registering a growth of 3.82% Q-O-Q basis; however the company’s top-line grew by 9.91% on a Y-O-Y basis (INR 595.95 Cr for the same period last year) “Cable TV

RITES Limited IPO – Analysis, Update


Update “Secures New Order”   Rail India Technical and Economic Service Limited (RITES Ltd) - a wholly owned subsidiary of the Indian Railways, today in its regulatory filing has said that the company has secured a new business order for “Construction of Depot cum Workshop” worth of INR 499.41 Cr from Bangalore Metro Rail Corporation Limited (BMRCL) The share of RITES Limited in the order is 51%. RITES LTD is currently trading at INR 372 (UP 8%) with a volume of 38,65,458 shares on the

Tracxn Technologies Limited IPO – Review


Tracxn Technologies Limited - the leading global market intelligence provider for private company data is planning to raise INR 309 via IPO [Fresh Issue NIL + OFS 309 Cr]   tracxn technologies ipo date - 10 to 12 October 2022   Tracxn Technologies: Company Details Founded in the year 2013, Tracxn Technologies provides “market intelligence data” for private companies and it ranks among the top 5 players globally in terms of the number of companies profiled offering data of private

Lemon Tree Hotels IPO – Analysis, Update


Update "Launches Second Property in Vishakhapatnam"   Lemon Tree Hotels Limited in its regulatory filing has announced the opening of “Keys Lite” by Lemon Tree Hotels (Sreekanya, Visakhapatnam). This is the 2nd property of the group in the city, strategically located near Gajuwaka, in the Southwest region of Vishakhapatnam. The hotel features 44 well-appointed rooms and suites with aesthetically-designed interiors and modern facilities and amenities for the utmost comfort of

Sterlite Technologies Limited: Value Pick Stock May 2020, Update


Update "Divestment of stake in Impact Data Solutions Limited (UK)"   Sterlite Technologies Limited has informed the exchange (on 4th October 2022) that “kindly refer to our previous communication dated September 26, 2022, regarding the Company entering into definitive documents to sell its stake (through its wholly-owned subsidiary) in Impact Data Solutions Limited (IDS UK) to Hexatronic Group AB (publ)” “We now wish to inform you that the divestment of the Company’s stake in Impact