New project for setting up a greenfield float glass plant is progressing quite well and we target to commence operations in Q2 FY 24-25

The stock reported its Q2FY23 earnings recently while the company is happy to report another profitable quarter in continuation of the first quarter of this FY after reporting losses in the past nine quarters of the previous financial years. Revenue from operations surged to Rs 836 crore, up by nearly 49.55 per cent on a YoY basis

Despite the intent and capital availability, India’s fibre space is constrained by deployment speed and scale. 5G Cosmos is an Atmanirbhar, patented solution that can solve these challenges and connect every tower, small cell and node

We wish to inform you that Bhageria Industries Ltd has entered into a share purchase agreement dated September 29, 2022, for sale/disposal of 100 per cent equity shares held in Bhageria Exim Private Limited. Pursuant to the execution of the share purchase agreement and transfer of shares, Bhageria Exim Private Limited will cease to be the wholly-owned subsidiary of the company. 

For manufacturing additional quantities of the vaccine and ensuring the continuance of manufacturing & supplying of all other vaccines against poultry, sheep, goat, and cattle, the company is undergoing capacity expansion, which is expected to be completed by January 2023. 

There is an interesting observation that in the year 2021, the company declared a whopping 900 per cent dividend i.e. Rs 90. Earlier as well, the company had a history of declaring solid interim dividends.

The stock jumped over 10 per cent on Tuesday and made a fresh high on the bourses. The upmove in the stock was witnessed on the back of solid volumes as the volume for the day is the highest single-day volume in the last three trading sessions.

Amidst all this chaos, there was a group of stocks that hogged most of the limelight. These stocks belonged to shipbuilding companies and they rose between 4 and 13 per cent on a black Monday. 

What’s striking is the fact that nearly 50 per cent of the total volume traded for the day seen in the last 75-minutes of trade.

The company has delivered good profit growth of 43.2 per cent CAGR over the last five years. In the recently concluded quarter, the stock reported sales of Rs 98 crore, up by 40 per cent YoY while its net profit shot up to Rs 17 crore in Q1FY23 as against Rs 11 crore in Q1FY22. The stock’s return on equity (RoE) stands at 32 per cent, which is quite impressive!