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

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

Ipca Laboratories Limited: Value Pick Stock April 2020


Ipca Laboratories Limited (IPCA) is a fully-integrated Indian pharmaceutical company manufacturing and marketing over 350 formulations and 80 Active Pharmaceutical Ingredients (APIs) covering various therapeutic segments. Ipca Laboratories Limited: Profile Ipca Laboratories was founded by a group of businessmen and medical professionals in the year 1949 under the name of The Indian Pharmaceutical Combine Association Limited. The name of the organization was changed to Ipca Laboratories Ltd

Metropolis Healthcare Limited: Value Pick Stock July 2019, Update


Update: Q2 FY 2019-20 Numbers Metropolis Healthcare Limited, a complete chain of diagnostic companies with its central laboratory in Mumbai, Maharashtra has posted its Q2 FY 2019-20 numbers today. Read standalone details - Revenue from operations stood at INR 172.28 crore in September 2019 up 16.61 percent Y-O-Y basis from INR 147.74 crore in September 2018. Q-O-Q revenues grew by 9.77 percent (INR 156.95 crore for June 2019) Quarterly Net Profit at INR 31.68 crore in September 2019 up 72.87