IPOs can be a great way for companies to raise capital and become more accessible to investors. 

This impressive performance was attributed to various factors, including margin expansion driven by operating leverage

The company has a very strong financial position, with very little debt. Its current debt of Rs 0.64 crore is only 0.5 per cent of its market capitalization, which means that the company is essentially debt-free. Additionally, the company reported positive numbers in its half-yearly results and annual results.

The company's net profit also experienced an extraordinary leap, rocketing up by an impressive 228 per cent to reach Rs 2.46 crore. While these exceptional earnings figures may already leave you astounded, the real astonishment lies in an even more remarkable revelation – its extraordinary order book.

The company has a market cap of Rs 39 crore and it's almost debt free. The shares of the company saw a spurt in volume by more than 2.19 times on BSE.

On Friday, shares of NBCC (India) Ltd zoomed 2.41 per cent to Rs 48.78 per share from its previous closing of Rs 47.63 with an intraday high of Rs 51.20 and low of Rs 48.50. The stock also traded at a new 52-week high of Rs 51.20 per share with a spurt in volume by more than 1.12 times on BSE.

Shares of the company have gained about 60 per cent in the last six months.

The company has a market cap of Rs 135 crore. The company reported positive numbers in its quarterly results and annual results. The net sales increased by 28.47 per cent to Rs 88.59 crore and net profit increased by 2.35 per cent to Rs 4.36 crore in FY23 compared to FY22.

The company plans of becoming a debt free entity by the end of FY24.

The stock has displayed remarkable performance, delivering an impressive 113 per cent return in a year and a multibagger 373 per cent return in the last three years

UCL is engaged in the manufacturing and marketing of flexible packaging material for the packaging requirements of various industries. Its products are crafted out of an extensive range of industry-approved materials such as polyethene terephthalate, biaxially-oriented polypropylene, polyethene, cast polypropylene, foil, paper, bio-degradable films, etc.

The purpose of this distinguished gathering is to delve into meaningful collaborative opportunities to facilitate business expansion plans in EV manufacturing, address, challenges tied to establishing a robust charging infrastructure, and foster mutually beneficial partnerships.

Furthermore, Ashish Kacholia, an ace investor, participated in the preferential issue of shares. He acquired 21,65,500 shares, which represents 2.16 per cent of the total shares issued.

The shares of the company have generated a multibagger return of 2230 per cent in the last three years.

Shares of the company have gained about 100 per cent in the last six months.

Investors will get one bonus share for every four shares held in the company. Additionally, the shares of the company have generated an impressive return of 81% in the last three months.

This partnership will further strengthen our role in enhancing the value proposition for the freight industry as well as for passenger mobility while helping the Railways achieve its net zero objectives.

The company has a market cap of Rs 90.15 crore. The net sales increased by per cent to Rs 18.02 crore and net profit skyrocketed by per cent to Rs 2.19 crore in FY23 over FY22. The stock has a PE of 41.20x, an ROE of 84.4 per cent and a ROCE of 63 per cent.

Additionally, the EPS for the quarter amounted to Rs 8.32 per share, indicating a positive impact on shareholders' earnings.

IdeaForge Technology IPO lot size was 22 shares, and the minimum amount required is Rs 14,784. The price band for the issue is fixed at Rs. 638 to Rs. 672 per share.

On Friday, shares of the company surged by 6.67 per cent and made an intraday high of Rs 1,650.

The company is an infrastructure co involved in the business of EPC & real estate development business and handling various projects like the construction of bridges, flyovers, highways, airports, building construction, tunnel projects and mining projects. The company has a market cap of 140 crore

Furthermore, the company secured orders for EPC-related work worth Rs 247.10 crore in Q1FY24. Including all the orders, the company’s order book stands at approx. Rs 20,000 crore as of August 10, 2023.

These stocks from S&P BSE 250 SmallCap space were trading in the green after strong demand from buyers.

On Friday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.56 per cent at 65,323 and the NSE Nifty-50 Index down 0.59 per cent at 19,428.

The GIFT Nifty points to a slightly optimistic opening for the benchmark indices, showing a 16-point gain. This follows the Nifty's 89-point drop to 19,543 points on August 10. GIFT Nifty futures are at 19,556 points.

An IPO offers investors an opportunity to invest in the company and potentially benefit from its future growth and profitability. 

In the financial year 2022-2023, the company conducted a stock split, reducing the share value from Rs 10 to Rs 1, with a record date set on March 17, 2023. The net sales increased by 27 per cent to Rs 2,385.85 crore, EBITDA increased by 3 per cent to Rs 103.21 crore and PAT decreased by 6 per cent to Rs 37.79 crore in FY23 over FY22.

In the previous financial year, the company announced a final dividend of 0.025 per equity share and stock split from a face value of Rs 10 to a face value of Rs 5. The record date for the dividend was September 22, 2022 and the record date for the stock split was November 25, 2022.   

The stock saw a spurt in Volume by more than 1.03 times.

Shares of the company have gained more than 40 per cent in the last six months.

To me, trading volume is the heartbeat of a stock. It represents the basic interplay between supply and demand. Major price movements are typically accompanied by substantial increases in trading volume.

It has experienced substantial buying momentum, with its stock soaring over 71 per cent in the past three years.

Earlier, in the current financial year, the company underwent a stock split, reducing its face value from Rs 10 to Rs 1. The company traded ex-stock split on May 05, 2023.

On August 10, foreign institutional investors (FII) bought shares worth Rs 331.22 crore, while domestic institutional investors (DII) purchased shares worth Rs 703.72 crore.

Moreover, the stock has zoomed more than 190 per cent in just 1 year

Besides this, the Company is also looking to explore some other Real Estate Developments in the near future on the various lands owned by the company across various locations in the country and expects that this division of the company will be a Major Contributor to the revenues and profits of the company in the years to come.

According to the annual results, the net sales increased by 32.86 per cent to Rs 3,601.19 crore and net profit increased by 53.05 per cent to Rs 215.46 crore in FY23 compared to FY22.

The company has a strong track record of profit growth, with a CAGR of 37.2 per cent over the past 5 years. It is also debt-free and has a good ROE (27.90 per cent) & ROCE (37.30 per cent) and dividend payout (48.60 per cent), which are all signs of a healthy business. Additionally, the stock is trading at 0.01 times its book value of Rs 178.

Shares of the company gained more than 25 per cent in the last six months.

The shares of the company have a PE of 20x, an ROE of 18 per cent and a ROCE of 21 per cent. The net sales increased by 20.80 per cent to Rs 302 crore and net profit increased by 10 per cent to Rs 44 crore in FY23 over FY22.

Quarterly Updates: The net sales increased by 83.85 per cent to Rs 1,267.80 crore, operating profit increased by 199 per cent to Rs 206.22 crore and net profit increased by 184 per cent to Rs 178.13 crore in Q1FY24 compared to Q1FY23.

According to the financials, the company has a market cap of Rs 581.24 crore with a 5-year CAGR of 80 per cent. The net sales increased by 120 per cent to Rs 12.25 crore and net profit increased by 8 per cent to Rs 1.90 crore in H2FY23 over H2FY22. The net sales increased by 226 per cent to Rs 19.79 crore and net profit increased by 1,131.25 per cent to Rs 1.97 crore in FY23 over FY22.

During Thursday's trading, the stock surged by nearly 5 per cent, achieving a fresh 52-week high of Rs 84 on the NSE. Investors should anticipate the company's quarterly earnings report for the period ending June 30, 2023, scheduled for release on Friday.

WRTL has a market cap of Rs 2,740 crore and has delivered good profit growth of 123 per cent CAGR over the last 5 years.

The shares of the company soared by 15 per cent in today's trading session and are currently available at only Rs 105 each on the BSE.

Shares have delivered multibagger returns of around 102 per cent over the last year!

Net Profit grew by 62 per cent in the June quarter while operating profit surged by 56 per cent

The company possesses a highly renowned brand within its portfolio known as India Gate Basmati Rice, it is recognized as the world’s number one basmati rice brand.

The company's net profit climbed more than 78 per cent year-on-year!

Vijay Kedia, a prominent investor and the founder of Kedia Securities has augmented his ownership in the company by 0.39 per cent, resulting in his total stake now amounting to 1.68 per cent

The significance of this order lies not only in its monetary value but also in its potential to expand the company's customer base, contributing positively to its overall profitability.

On Thursday, shares of the company surged by more than per cent and traded at its 52-week high of Rs 19,867.10.

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages. The 200-DMA is considered important as it is one of the basic technical indicators that can be used to determine the long-term trend of a security.

Expert guidance to subscribers’ queries on stocks held by them.

The company has a market cap of over Rs 25,000 crore with a 3-year stock price CAGR of 70 per cent. As of May 30, 2023, the cumulative order book stands at over 1,500 MW. This includes the order book as on March 31, 2023, of 652 MW plus orders secured subsequently of 890 MW.

Recommendations Based on Street Talk

Review of 1 stock recommended in the past.

1 stock recommendation each based on Fundamental Analysis along with timely review to provide you with handsome profits.

You have probably heard the saying, “When America sneezes the world catches a cold.”

On Thursday, Indian equity markets ended on a negative note

Earlier, Tata Power signed an MoU with the Government of Maharashtra to develop 2,800 MW of Pumped Hydro Storage Projects in Pune and Raigad Districts. This collaboration is a major step in our journey towards a clean and green energy future and will support renewable solar and wind projects to ensure a reliable, round-the-clock power supply.

On Thursday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.47 per cent at 65,688.18 and the NSE Nifty-50 Index down 0.46 per cent at 19,543.10. About 1,680 shares have advanced, 1,917 declined and 144 are unchanged on BSE.  

With the demand for communication cables going up tremendously and Finolex Cables Limited’s entry into home appliances, the company is all set to capture the potential that lies in this segment

Technical Analysis of 1 stock (with 15-day horizon).

Technology-driven banking is immensely helping the bank in improving the business, reducing TAT and improving bottom lines, affirms, V. P. Srivastava, CFO, Bank of Maharashtra. 

As the largest footwear manufacturer in India, Relaxo is dedicated to not only meeting but exceeding customer expectations, driving the growth of the Indian footwear industry, and leaving a lasting impact on the market, enunciates Sushil Batra, CFO - Relaxo Footwears Limited

The GIFT Nifty signals a slightly optimistic opening for the benchmark indices, showing a rise of 30 points following Nifty's 61-point increase to 19,632 points on August 9. GIFT Nifty futures are positioned at 19,624 points.

SJVN, formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking involved in hydroelectric power generation and transmission. It was incorporated in 1988 as Nathpa Jhakri Power Corporation, a joint venture between the Government of India and the Government of Himachal Pradesh. In this interview, Director (Finance) Akhileshwar Singh outlines SJVN’s present status, capacities, new projects and outlook for the future

The financial year 2022-23 has been an important year for the growth trajectory of RVNL.

Order Book Update: With an order book exceeding Rs 2000+ crore as of July 04, 2023, HPL's position at the forefront of India's energy modernization journey is solidified. As the nation embraces energy-efficient solutions, HPL is poised to play an instrumental role in shaping the landscape of India's energy-efficiency future.

“The power distribution sector in India faces significant challenges”

In summary, these outcomes indicate robust growth in both revenue and profitability for the company during the initial quarter of FY24.

In the realm of infrastructure development, the government is making significant efforts as it injects substantial financial resources and efforts into various projects.

“NMDC is well on its way to achieving a record-breaking production volume” 

In financial year 2022–23, Cantabil Retail India opened 69 new retail stores across 14 states, enhancing brand recognition and reach. With a total of 469 stores opened to date, the company has become a prominent player in the retail industry. Excerpts from an interview with the company’s CFO Shivendra Nigam

Systematic investing, through SIP, brings a discipline into your investment process.

This is our mutual fund recommendation. Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Across global zinc companies, profits have dropped substantially on account of plummeting zinc prices.

It is a settled law that assessment cannot be made in the name of an assessee who has already died.

The shares of the company saw a spurt in volume by more than 1.05 times on BSE.

As we voyage through life, there comes a point when we bid farewell to our careers and embrace the golden years of retirement

The stock has witnessed significant buying activity as it has surged more than 65 per cent in the last 3 years. 

In the wake of the recent instance of Mahindra and Mahindra acquiring a 3.53 per cent stake in RBL Bank Limited that led to a drop in the automobile major’s share price, Shashikant takes a look at the role of asset allocation and how a company’s CFO can drive decisions that can either benefit or harm shareholders’ interests 

Shares of the company gained more than 150 per cent in the last six months.

The Many Benefits of Multi-Asset Funds

This section gives decisive investment rationales to our subscribers on the MF queries they have raised to our research team.

The firm has a market cap of Rs 40.71 crore with a 5-year CAGR of 25 per cent. The company reported positive numbers in its quarterly results and annual results.

With its rich heritage in shaping India’s internet landscape, the company has, over 25 years, taken a lead position in enabling the adoption of digital services in the country

The domestic equity markets were very volatile during the last two weeks and traded in an extended range.

More often than not, when a fund in your investment portfolio begins to show signs of wilting or fading away from the limelight of growth, you may want to sell it. But what are the factors on which such a decision should be made?

Concerning your special report in the last edition, what are the risks associated with investing in bonds? 

One of the fastest growing economies and most stable currencies compared to others has strengthened India's macroeconomic outlook, thereby attracting foreign investors.

Investing in mutual funds is a great way to diversify your portfolio and grow wealth over time.

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.

For Nippon Life India Asset Management (NAM India), higher growth in net profit was driven by higher other income owing to increase in value of equity investments driven by equity market performance and the downward movement of rates

This section gives a recommendation of a stock having a stock price below Rs 150 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

Buybacks, also known as share repurchases, involve a company buying back its own outstanding shares from the market, effectively reducing the number of shares available to the public. 

On Thursday, shares of the company surged by more than 2 per cent and made an intraday high of Rs 15.16.

This column gives you a scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year