Browsing category Value Pick

VALUE PICK JULY ’18: CEAT Limited, Update


Update Q1 FY 2022-23 Numbers   CEAT Limited - an Indian multinational tyre manufacturing company owned by the RPG Group has presented its quarterly numbers (Q1 FY 2022-23) today after market hours. Revenue from Operations On a standalone basis, the company’s revenue from operations stood at INR 2803.08 Cr for the quarter ended 30 June 2022 as compared to INR 2576.43 Cr, registering a growth of 8.79% Q-O-Q basis. The Y-O-Y revenue for the company jumped by 47.70% (revenue of INR 1897.76

Amber Enterprises India Limited: Value Pick Stock February 2020, Update


Update: Q3 Results FY 2021 Amber Enterprises has come out with its Q3 FY 2021 numbers today - Revenue: INR 584.44 Cr for the period ended 31 December 2020 as against INR 569.58 Cr a year ago, up 2.56% Y-O-Y basis, Income from operations for the quarter ended 30 September 2020 stood at INR 222.35 Cr, up by 162.85% Q-O-Q basis, PAT: INR 18.26 Cr for the period ended 31 DEC 2020 as compared to INR 11.53 Cr for the period ended 31 DEC 2019, up by 58.36% y-o-y basis, The Company reported a

VALUE PICK SEPTEMBER ’17: KNR Constructions Ltd, Update


Update: Fixing of Record Date for the "Bonus Issue" The Executive Finance Committee of the Company, in their Meeting held on 24 January 2021, fix Thursday the 04-02-2021 as the Record Date for the purpose of proposed Bonus Issue.     18 December 2020 Update: KNR Constructions share rallied over 9% in the later half of the day on December 18 as the company issue bonus shares. The Company has announced a Bonus share in the ratio of 1:1. The Company said - 1 (one) bonus

VALUE PICK FEBRUARY ’18: DCM SHRIRAM LIMITED, Update


Update: Technical Breakout on the stock DCM Shriram has rallied over 10% on December 18. On Friday, the stock opened on a positive note and in the later half of the day quickly surpassed its previous resistance level with strong volume. The stock has formed a strong price volume breakout pattern on the daily as well as weekly chart. DCM Shriram on Daily Chart -   The texture of the pattern suggests action will likely to continue if the stock maintains to trade above INR 400/410

Galaxy Surfactants Limited: Value Pick Stock September 2020


Galaxy Surfactants Limited is one of India’s leading manufacturers of surfactants and other speciality care ingredients for the home and personal care industries. Galaxy Surfactants: History Galaxy Surfactants Limited was formerly incorporated as a private limited company with the name Galaxy Surfactants Private Limited on May 20, 1986. Consequently, the Company was converted into a “public limited company” and the name of the Company was changed from Galaxy Surfactants Private Limited to

Escorts Limited: Value Pick Stock July 2020


Escorts Limited - one of India’s prominent engineering companies, is the best of choice for farming and construction equipment in the country. Escorts Limited: History Escorts Limited was incorporated in the year 1944 as Escorts Agents Limited in Lahore. The Company has been among the leading players in the tractor industry and well-known brand in the farm equipment space since independence. During the last two decades, it has forged one of the most extraordinary turnaround stories in the

VALUE PICK JULY ’17: Glenmark Pharmaceuticals Limited, Update


Update: Q4 Results FY'20 Glenmark Pharmaceuticals Limited (GPL) - a research-led global integrated pharmaceutical company, on Friday announced its financial results for the 4th quarter and year ended March 31, 2020. The company's consolidated revenue for the quarter rose 7.96% to INR 2,767.48 Cr as against INR 2,563.47 Cr a year ago. The Company posted a 36.28% rise in its consolidated net profit to INR 220.3 Cr for the 4th quarter ended March 31, 2020. The drug firm had reported a net

HDFC Life Insurance: Value Pick Stock, Update


Update: Q4 Results FY '20 Private life insurer major HDFC Life Insurance posted its Q4 numbers today after market hours. The company posted a 14.5% Y-O-Y decline in consolidated net profit at INR 311.65 Cr (vs INR 364.88 Cr), impacted by a rise in provisions and a drop in net investment income. Net premium income growth saw a marginal hike to INR 10,475.95 Cr in the March quarter compared to INR 10,251.26 Cr. The total new business premium rose by 15% Y-o-Y to INR 17,239 Cr in FY20. The new