News

ABB India gains on inking MoU with Tata Steel ABB India is currently trading at Rs. 4495.05, up by 54.20 points or 1.22% from its previous closing of Rs. 4440.85 on the BSE. The scrip opened at Rs. 4449.85 and has touched a high and low of Rs. 4539.90 and Rs. 4447.00 respectively. So far 12958 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4615.00 on 19-Jul-2023 and a 52 week low of Rs. 2640.45 on 26-Dec-2022. Last one week high and low of the scrip stood ...
ABB India gains on inking MoU with Tata Steel
ABB India gains on inking MoU with Tata Steel
Source: Accord Fintech
6/09/2023 2:35:43 PM
Artson Engineering jumps on receiving order worth Rs 25.19 crore Artson Engineering is currently trading at Rs. 139.30, up by 2.70 points or 1.98% from its previous closing of Rs. 136.60 on the BSE. The scrip opened at Rs. 139.30 and has touched a high and low of Rs. 139.30 and Rs. 139.30 respectively. So far 41318 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 207.45 on 07-Aug-2023 and a 52 week low of Rs. 62.00 on 19-May-2023. Last one week high and low of the scrip stood...
Artson Engineering jumps on receiving order worth Rs 25.19 crore
Artson Engineering jumps on receiving order worth Rs 25.19 crore
Source: Accord Fintech
6/09/2023 11:42:33 AM
BHEL shines on winning order for electro-mechanical works Bharat Heavy Electricals is currently trading at Rs. 140.90, up by 2.15 points or 1.55% from its previous closing of Rs. 138.75 on the BSE. The scrip opened at Rs. 139.80 and has touched a high and low of Rs. 143.55 and Rs. 138.35 respectively. So far 1535657 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 143.55 on 05-Sep-2023 and a 52 week low of Rs. 54.75 on 27-Sep-2022. Last one week high and low of the scri...
BHEL shines on winning order for electro-mechanical works
BHEL shines on winning order for electro-mechanical works
Source: Accord Fintech
5/09/2023 10:40:40 AM
Buy Ircon International For Target Rs. 118/126 - LKP Securities Future Outlook • Healthy Order Book of Rs 325bn coupled with an order inflow guidance of Rs 110bn for the current fiscal should keep the momentum going strong for IRCON this year too. • Its net debt-free status and likely monetization of huge investments in SPV's provide added comfort despite the recent run up in the stock price. Technical Commentary • IRCON has given a consolidation breakout. Beside, it is maintaining above the crucial 50 exponential moving ave...
Buy Ircon International For Target Rs. 118/126 - LKP Securities
Buy Ircon International For Target Rs. 118/126 - LKP Securities
Source: LKP Securities
3/09/2023 11:03:52 AM
Buy Bharat Bijlee Ltd For Target Rs. 4,460 - Sushil Finance Bharat Bijlee Ltd We have coverage on Bharat Bijlee Ltd. with a BUY rating on stock. Since our report, the stock has posted a high of Rs.4322 today. With the recent run-up in the share price (37% return), we are now changing our rating on the stock to Neutral and recommend our investors to book profits.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimer Member : BSE/ NSE/ ...
Buy Bharat Bijlee Ltd For Target Rs. 4,460 - Sushil Finance
Buy Bharat Bijlee Ltd For Target Rs. 4,460 - Sushil Finance
Source: Sushil Finance Ltd
1/09/2023 3:41:19 PM
ITD Cementation India soars on bagging marine contract worth Rs 3,290 crore ITD Cementation India is currently trading at Rs. 242.85, up by 25.35 points or 11.66% from its previous closing of Rs. 217.50 on the BSE. The scrip opened at Rs. 228.85 and has touched a high and low of Rs. 246.00 and Rs. 226.20 respectively. So far 154293 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 246.00 on 1-Sep-2023 and a 52 week low of Rs. 93.75 on 27-Feb-2023. Last one week high and low of the scrip s...
ITD Cementation India soars on bagging marine contract worth Rs 3,290 crore
ITD Cementation India soars on bagging marine contract worth Rs 3,290 crore
Source: Accord Fintech
1/09/2023 10:42:26 AM
Greaves Cotton surges as its retail unit launches complete range of e-rickshaw batteries Greaves Cotton is currently trading at Rs. 145.10, up by 1.35 points or 0.94% from its previous closing of Rs. 143.75 on the BSE. The scrip opened at Rs. 144.45 and has touched a high and low of Rs. 147.15 and Rs. 139.70 respectively. So far 173084 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023. Last one week high and low of the scrip stood at...
Greaves Cotton surges as its retail unit launches complete range of e-rickshaw batteries
Greaves Cotton surges as its retail unit launches complete range of e-rickshaw batteries
Source: Accord Fintech
29/08/2023 1:54:09 PM
Gensol Engineering touches roof on winning two turnkey international Solar EPC projects in Dubai Gensol Engineering is currently trading at upper limit of Rs. 1747.00, up by 83.15 points or 5.00% from its previous closing of Rs. 1663.85 on the BSE. The scrip opened at Rs. 1690.00 and has touched a high and low of Rs. 1747.00 and Rs. 1669.65 respectively. So far 8197 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1990.00 on 02-Sep-2022 and a 52 week low of Rs. 797.05 on 14-Mar-2023. Last one week high and ...
Gensol Engineering touches roof on winning two turnkey international Solar EPC projects in Dubai
Gensol Engineering touches roof on winning two turnkey international Solar EPC projects in Dubai
Source: Accord Fintech
29/08/2023 11:47:13 AM
Engineering goods exports to Russia more than doubled to $123.65 million in July 2023: EEPC Engineering Export Promotion Council (EEPC) in its latest data has showed that engineering goods exports to Russia continued its uptrend and more than doubled to $123.65 million in July 2023 as against $55.65 million in the corresponding period a year ago. It said among the 25 key markets for Indian engineering goods, which contribute to more than 76 per cent of total exports, 14 countries witnessed a year-on-year decline in July. According to the data, India's overall engineering expo...
Engineering goods exports to Russia more than doubled to $123.65 million in July 2023: EEPC
Engineering goods exports to Russia more than doubled to $123.65 million in July 2023: EEPC
Source: Accord Fintech
28/08/2023 12:31:01 PM
Knowledge Marine & Engineering Works surges as its arm gets LOI from Eastern Asphalt & Mixed Concrete Knowledge Marine & Engineering Works is currently trading at Rs. 1755.00, up by 64.60 points or 3.82% from its previous closing of Rs. 1690.40 on the BSE. The scrip opened at Rs. 1655.00 and has touched a high and low of Rs. 1765.00 and Rs. 1640.00 respectively. So far 35375 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1770.00 on 24-Aug-2023 and a 52 week low of Rs. 497.00 on 29-Aug-2022. Last one week h...
Knowledge Marine & Engineering Works surges as its arm gets LOI from Eastern Asphalt & Mixed Concrete
Knowledge Marine & Engineering Works surges as its arm gets LOI from Eastern Asphalt & Mixed Concrete
Source: Accord Fintech
25/08/2023 2:54:33 PM
Buy VA Tech Wabag Ltd For Target Rs.636 - Yes Securities Our view VA Tech Wabags (VATW) revenue declined 12.5% YoY to Rs5.5bn on account of higher share of EP projects and delay in commencement of new projects while EBITDAM expanded 8x YoY to 11.9% on account of change in project mix. Order intake was strong at Rs7.3bn during Q1FY24 leading to a robust orderbook of Rs125.1bn (4.3x TTM sales), 58% of which is for EPC contracts. Chennai 400MLD desalination project will start contributing to revenue from 2H post foundation stone to be laid on 21st ...
Buy VA Tech Wabag Ltd For Target Rs.636 - Yes Securities
Buy VA Tech Wabag Ltd For Target Rs.636 - Yes Securities
Source: Yes Securities Ltd
25/08/2023 1:45:40 PM
Buy Sansera Engineering Ltd For Target Rs.1,133 - ICICI Securities Beat driven by exports; sustainability of profitable growth the key ahead Sansera Engineering’s (SEL) Q1FY24 EBITDAM at 17.3% was up ~180bps QoQ driven mainly by improved exports mix. Orderbook stands at INR 17bn with ~53% of it from tech-agnostic/EV/non-auto segments. SEL expects its revenue to be boosted by recovery in the 2W segment, premiumisation in 2Ws and increased content per vehicle. Company is confident of delivering ~50% growth in ex-India revenue in FY24 on benign base an...
Buy Sansera Engineering Ltd For Target Rs.1,133 - ICICI Securities
Buy Sansera Engineering Ltd For Target Rs.1,133 - ICICI Securities
Source: ICICI Securities
23/08/2023 12:39:19 PM
Axiscades Technologies shines on completing acquisition of add-solution GmbH Axiscades Technologies is currently trading at Rs. 558.50, up by 7.25 points or 1.32% from its previous closing of Rs. 551.25 on the BSE. The scrip opened at Rs. 557.10 and has touched a high and low of Rs. 566.00 and Rs. 548.00 respectively. So far 554 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 602.00 on 17-Aug-2023 and a 52 week low of Rs. 128.10 on 29-Aug-2022. Last one week high and low of the scrip sto...
Axiscades Technologies shines on completing acquisition of add-solution GmbH
Axiscades Technologies shines on completing acquisition of add-solution GmbH
Source: Accord Fintech
23/08/2023 10:09:36 AM
Greaves Cotton gains as its retail unit partners with Usha Financial Services Greaves Cotton is currently trading at Rs. 134.25, up by 1.65 points or 1.24% from its previous closing of Rs. 132.60 on the BSE. The scrip opened at Rs. 133.90 and has touched a high and low of Rs. 134.70 and Rs. 132.10 respectively. So far 50097 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar 2023. Last one week high and low of the scrip stood at ...
Greaves Cotton gains as its retail unit partners with Usha Financial Services
Greaves Cotton gains as its retail unit partners with Usha Financial Services
Source: IANS
22/08/2023 2:59:13 PM
Buy ISGEC Heavy Engineering Ltd For Target Rs.880 By ICICI Securities Manufacturing led to good quarter, maintain BUY ISGEC Heavy Engineering (ISGEC) reported a good set of numbers for Q1FY24 with standalone revenue/EBITDA/PAT up 14%/35%/112% YoY to INR 11.3bn / 766mn / 637mn respectively. Performance was aided by growth in the manufacturing business of the company. Current orderbook stands at INR 84bn, +9% YoY. Enquiry pipeline remains robust in both domestic and international product-segments. Key sectors witnessing traction are: power, sugar, steel, cemen...
Buy ISGEC Heavy Engineering Ltd For Target Rs.880 By ICICI Securities
Buy ISGEC Heavy Engineering Ltd For Target Rs.880 By ICICI Securities
Source: ICICI Securities
21/08/2023 3:08:26 PM
Reduce Engineers India Ltd For Target Rs.143 - Yes Securities Tender pipeline remains positive Our view Engineers India Ltd (ENGR) reported a muted result, with flat YoY revenue growth. Gross margin contracted ~50bps YoY. Due to reversal of certain provisions, EBITDA margin expanded YoY at 8.5%. Order inflows at Rs12.6bn grew on a low base of Rs2.2bn. As on 1QFY24 order book stands at ~Rs81bn (2.5x TTM revenue), providing revenue visibility for next few quarters. Going forward, management expects FY24 order inflows to match FY23 levels and revenue...
Reduce Engineers India Ltd For Target Rs.143 - Yes Securities
Reduce Engineers India Ltd For Target Rs.143 - Yes Securities
Source: Yes Securities Ltd
21/08/2023 2:13:01 PM
ABB India rises on securing automation contract from Reliance Life Sciences ABB India is currently trading at Rs. 4295.00, up by 18.95 points or 0.44% from its previous closing of Rs. 4276.05 on the BSE. The scrip opened at Rs. 4303.95 and has touched a high and low of Rs. 4321.15 and Rs. 4251.00 respectively. So far 4852 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4615.00 on 19-Jul-2023 and a 52 week low of Rs. 2640.45 on 26-Dec-2022. Last one week high and low of the scrip stood a...
ABB India rises on securing automation contract from Reliance Life Sciences
ABB India rises on securing automation contract from Reliance Life Sciences
Source: Accord Fintech
21/08/2023 1:59:20 PM
Bharat Heavy Electricals rises on bagging order worth around Rs 4000 crore Bharat Heavy Electricals is currently trading at Rs. 98.40, up by 0.40 points or 0.41% from its previous closing of Rs. 98.00 on the BSE. The scrip opened at Rs. 98.70 and has touched a high and low of Rs. 99.20 and Rs. 97.40 respectively. So far 565146 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 107.10 on 01-Aug-2023 and a 52 week low of Rs. 51.80 on 23-Aug-2022. Last one week high and low of the scrip stoo...
Bharat Heavy Electricals rises on bagging order worth around Rs 4000 crore
Bharat Heavy Electricals rises on bagging order worth around Rs 4000 crore
Source: Accord Fintech
21/08/2023 11:20:33 AM
Buy Engineers India Ltd For Target Rs.175/190 - LKP Securities Future Outlook • With Order Inflows of Rs 45bn and key focus on new age verticals, Engineers India shareholders have had a lot to cheer in recent times. • Healthy Order Pipeline from the Petrochemical segment coupled with a strong Balance Sheet places the Navratna Consultancy Entity firmly on the growth path Technical Commentary • In the recent 1-2 months, the stock experienced a significant rally, suggesting strong buying interest and positive momentum. • A...
Buy Engineers India Ltd For Target Rs.175/190 - LKP Securities
Buy Engineers India Ltd For Target Rs.175/190 - LKP Securities
Source: LKP Securities
19/08/2023 1:00:36 PM
Axiscades Technologies rises as its arm acquires 94% stake in add solution GmbH Axiscades Technologies is currently trading at Rs. 568.00, up by 1.90 points or 0.34% from its previous closing of Rs. 566.10 on the BSE. The scrip opened at Rs. 575.00 and has touched a high and low of Rs. 576.50 and Rs. 556.00 respectively. So far 3044 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 602.00 on 17-Aug-2023 and a 52 week low of Rs. 128.10 on 29-Aug-2022. Last one week high and low of the scrip st...
Axiscades Technologies rises as its arm acquires 94% stake in add solution GmbH
Axiscades Technologies rises as its arm acquires 94% stake in add solution GmbH
Source: Accord Fintech
18/08/2023 3:47:11 PM
Buy Suprajit Engineering Ltd For Target Rs.440 - Emkay Global Financial Services Suprajit Engineering Limited's (SEL) Q1 performance was a miss with margins declining by ~200bps QoQ to 10.5% (our est. 12.7%). We believe i) cyclical recovery in the underlying industries, ii) market-share gains owing to competitive pricing/scale and industry consolidation, iii) growth in content per vehicle (led by new products) and iv) healthy order wins would drive ~11% revenue CAGR in FY23-25E. We introduce FY26E and cut FY24E EPS by 11.6% mainly to reflect weak Q1 margin performance...
Buy Suprajit Engineering Ltd For Target Rs.440 - Emkay Global Financial Services
Buy Suprajit Engineering Ltd For Target Rs.440 - Emkay Global Financial Services
Source: Emkay Global Financial Services
17/08/2023 12:38:34 PM
Greaves Cotton jumps as its arm partners with Ather Energy Greaves Cotton is currently trading at Rs. 134.25, up by 2.70 points or 2.05% from its previous closing of Rs. 131.55 on the BSE. The scrip opened at Rs. 131.95 and has touched a high and low of Rs. 135.80 and Rs. 131.40 respectively. So far 74615 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023. Last one week high and low of the scrip stood at ...
Greaves Cotton jumps as its arm partners with Ather Energy
Greaves Cotton jumps as its arm partners with Ather Energy
Source: Accord Fintech
17/08/2023 11:17:48 AM
Buy Bharat Electronics Ltd For Target Rs.146/157 - LKP Securities Ltd Future Outlook • The Rs 173bn Defence PSU is expected to end the current fiscal with a mammoth order book of over Rs.600bn even as the management has guided for an order inflow of Rs.200bn this fiscal. • Given its track record of execution, robust order accretion and sheer width of its product range positions BEL strongly in the Defence sector this fiscal Technical Commentary • The stock has experienced a breakout from a bullish flag formation on the weekly chart. Thi...
Buy Bharat Electronics Ltd For Target Rs.146/157 - LKP Securities Ltd
Buy Bharat Electronics Ltd For Target Rs.146/157 - LKP Securities Ltd
Source: LKP Securities Ltd
16/08/2023 2:56:47 PM
ISGEC Heavy Engineering soars on reporting over 2-fold jump in Q1 consolidated net profit ISGEC Heavy Engineering is currently trading at Rs. 749.80, up by 16.75 points or 2.28% from its previous closing of Rs. 733.05 on the BSE. The scrip opened at Rs. 736.05 and has touched a high and low of Rs. 752.30 and Rs. 722.30 respectively. So far 7471 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 764.05 on 10-Aug-2023 and a 52 week low of Rs. 418.25 on 28-Mar-2023. Last one week high and low of the scrip ...
ISGEC Heavy Engineering soars on reporting over 2-fold jump in Q1 consolidated net profit
ISGEC Heavy Engineering soars on reporting over 2-fold jump in Q1 consolidated net profit
Source: Accord Fintech
14/08/2023 10:34:25 AM
Reduce Engineers India Ltd For Target Rs. 143 - Yes Securities Ltd Our view Power Grid Corp’s (PGCIL) 1QFY24 adj. PAT came in at INR 39bn (+6% YoY, -9% QoQ), 7% below JMFe. Net revenue for the quarter remained flat YoY at INR 110bn (-11% JMFe) led by 1% / 11% YoY growth in transmission / telecom revenue and 46% de-growth in the consultancy business. PGCIL reported an EBITDA of INR 97bn (+5% YoY, -11% JMFe), supported by lower transmission charges during the quarter. The company achieved capex of INR 15bn and capitalisation of INR 16bn during 1QFY24 ...
Reduce Engineers India Ltd For Target Rs. 143 - Yes Securities Ltd
Reduce Engineers India Ltd For Target Rs. 143 - Yes Securities Ltd
Source: Yes Securities Ltd
12/08/2023 2:10:29 PM
ABB India's second-quarter profit rises on higher order wins ABB India reported a more than two-fold rise in quarterly profit on Friday, aided by higher order wins in the electrification and process automation businesses. The Indian arm of Swedish-Swiss ABB Ltd, reported a profit of 2.96 billion rupees ($35.74 million) for the second quarter, compared with 1.40 billion rupees a year earlier. The company posted a 10% increase in total orders to 30.44 billion rupees. However, parent ABB Ltd earlier reported a 9% drop in new orders from its secon...
ABB India's second-quarter profit rises on higher order wins
ABB India's second-quarter profit rises on higher order wins
Source: Reuters
11/08/2023 7:52:38 PM
GG Engineering gains on bagging fresh orders for infrastructural steel valued at about Rs 32 crore GG Engineering is currently trading at Rs. 1.39, up by 0.16 points or 13.01% from its previous closing of Rs. 1.23 on the BSE. The scrip opened at Rs. 1.37 and has touched a high and low of Rs. 1.47 and Rs. 1.32 respectively. So far 185319722 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 3.16 on 13-Sep-2022 and a 52 week low of Rs. 0.74 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 1.68 ...
GG Engineering gains on bagging fresh orders for infrastructural steel valued at about Rs 32 crore
GG Engineering gains on bagging fresh orders for infrastructural steel valued at about Rs 32 crore
Source: accourd fintech
11/08/2023 3:34:29 PM
Gensol Engineering soars on getting LOI from OREDA for providing 300 electric vehicles Gensol Engineering is currently trading at Rs. 1759.65, up by 66.70 points or 3.94% from its previous closing of Rs. 1692.95 on the BSE. The scrip opened at Rs. 1743.50 and has touched a high and low of Rs. 1777.55 and Rs. 1699.55 respectively. So far 24319 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1990.00 on 02-Sep-2022 and a 52 week low of Rs. 797.05 on 14-Mar-2023. Last one week high and low of the scr...
Gensol Engineering soars on getting LOI from OREDA for providing 300 electric vehicles
Gensol Engineering soars on getting LOI from OREDA for providing 300 electric vehicles
Source: Accord Fintech
9/08/2023 12:38:26 PM
Niti Aayog looking at tax-related issues of engineering, leather and textiles sector Government think-tank Niti Aayog is looking at tax-related issues, including inverted duty structure in three sectors of engineering, leather, and textiles. The issues are likely to be taken up with higher authorities for their resolution to promote the growth of these sectors. Industry representatives of leather and engineering sectors said that they have shared a list of GST (Goods and Services Tax) and inverted duty structure-related issues with the Niti Aayog. The leather sector has re...
Niti Aayog looking at tax-related issues of engineering, leather and textiles sector
Niti Aayog looking at tax-related issues of engineering, leather and textiles sector
Source: Accord Fintech
8/08/2023 12:50:21 PM
ARSS Infrastructure Projects touches roof on receiving work order of Rs 15.41 crore ARSS Infrastructure Projects is locked at its upper circuit limit of Rs. 19.53, up by 0.93 points or 5.00% from its previous closing of Rs. 18.60 on the BSE. The scrip opened at Rs. 18.90 and has touched a high and low of Rs. 19.53 and Rs. 18.90 respectively. So far 3292 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.51 on 27-Mar-2023 and a 52 week low of Rs. 16.68 on 01-Jun-2023. Last one week high and low...
ARSS Infrastructure Projects touches roof on receiving work order of Rs 15.41 crore
ARSS Infrastructure Projects touches roof on receiving work order of Rs 15.41 crore
Source: Accord Fintech
8/08/2023 11:37:19 AM
GG Engineering zooms on bagging orders worth Rs 21 crore for supplying Iron Raw Material GG Engineering zooms on bagging orders worth Rs 21 crore for supplying Iron Raw Material Aug-07-2023   11:21 Hrs IST GG Engineering is currently trading at Rs. 1.14, up by 0.07 points or 6.54% from its previous closing of Rs. 1.07 on the BSE. The scrip opened at Rs. 1.11 and has touched a high and low of Rs. 1.15 and Rs. 1.10 respectively. So far 4947629 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of R...
GG Engineering zooms on bagging orders worth Rs 21 crore for supplying Iron Raw Material
GG Engineering zooms on bagging orders worth Rs 21 crore for supplying Iron Raw Material
Source: Accord Fintech
7/08/2023 11:55:38 AM
Madhav Infra Projects soars on getting LOA worth Rs 117.91 crore Madhav Infra Projects is currently trading at Rs. 6.39, up by 0.30 points or 4.93% from its previous closing of Rs. 6.09 on the BSE. The scrip opened at Rs. 6.39 and has touched a high and low of Rs. 6.39 and Rs. 6.09 respectively. So far 1972019 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.88 on 23-Jun-2023 and a 52 week low of Rs. 3.55 on 16-May-2023. Last one week high and low of the scrip stood at Rs. ...
Madhav Infra Projects soars on getting LOA worth Rs 117.91 crore
Madhav Infra Projects soars on getting LOA worth Rs 117.91 crore
Source: Accord Fintech
4/08/2023 2:28:09 PM
Buy Thermax Ltd For Target Rs.2,825 -LKP Securities Ltd Thermax (TMX) witnessed a decent Q1FY24 performance wherein the execution was inline while legacy FGD projects execution continue to weigh on industrial margins. TMX reported revenue/EBITDA/APAT of ?19/1.3/1.1bn Order inflows sustained momentum in Q1FY24 at ?25.7bn driven by multiple boiler orders from the steel & distillery sectors. Strong ordering pipeline commentary from management with good medium-sized projects seen across different sectors. Going ahead, we expect order inflow would ...
Buy Thermax Ltd For Target Rs.2,825 -LKP Securities Ltd
Buy Thermax Ltd For Target Rs.2,825 -LKP Securities Ltd
Source: LKP Securities Ltd
4/08/2023 12:45:48 PM
India's KEC International posts Q1 profit beat on strong demand Engineering and construction company KEC International posted a bigger-than-expected rise in first-quarter profit on Thursday boosted by strong infrastructure demand. Consolidated profit for RPG Group's flagship company rose 36.5% to 423.3 million rupees ($5.11 million), while revenue rose 27.9% year-on-year to 42.44 billion rupees. Analysts, on average, expected a profit of 332 million rupees, according to Refinitiv IBES data. For further highlights, click KEY CONTEXT With...
India's KEC International posts Q1 profit beat on strong demand
India's KEC International posts Q1 profit beat on strong demand
Source: Reuters
3/08/2023 7:41:34 PM
Buy Bharat Electronics Ltd For Target Rs.157 - LKP Securities Ltd BEL reported earnings of ?5.36 bn, against a yoy profit of ?4.3 bn while sequentially all the numbers were down as seasonally Q4 is the strongest quarter as bulk of the order execution happens in that quarter. Therefore analysing the numbers on yoy basis is practical. Revenues grew by 12.8% yoy at ?35.1 bn. EBITDA grew strongly by 29.3% yoy at ?6.64 bn. On the margins front, EBITDA margins came in at 18.9% which were 240 bps up yoy and were clearly better than BEL’s Q1 trend over the pa...
Buy Bharat Electronics Ltd For Target Rs.157 - LKP Securities Ltd
Buy Bharat Electronics Ltd For Target Rs.157 - LKP Securities Ltd
Source: LKP Securities Ltd
3/08/2023 3:33:53 PM
Power & Instrumentation jumps on getting LoA from M.P. Poorv Kshetra Vidyut Vitaran Power & Instrumentation (Gujarat) is currently trading at Rs. 43.44, up by 0.94 points or 2.21% from its previous closing of Rs. 42.50 on the BSE. The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 44.00 and Rs. 41.10 respectively. So far 3234 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.45 on 17-May-2023 and a 52 week low of Rs. 36.65 on 26-Jul-2023. Last one week high and low of the...
Power & Instrumentation jumps on getting LoA from M.P. Poorv Kshetra Vidyut Vitaran
Power & Instrumentation jumps on getting LoA from M.P. Poorv Kshetra Vidyut Vitaran
Source: Accord Fintech
3/08/2023 12:19:53 PM
Bharat Electronics gains on reporting 47% rise in Q1 consolidated net profit Bharat Electronics is currently trading at Rs. 128.50, up by 1.25 points or 0.98 % from its previous closing of Rs. 127.25 on the BSE. The scrip opened at Rs. 129.75 and has touched a high and low of Rs. 131.75 and Rs. 127.35 respectively. So far 1790667 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 131.75 on 28-Jul-2023 and a 52 week low of Rs. 87.00 on 30-Jan-2023. Last one week high and low of the scrip sto...
Bharat Electronics gains on reporting 47% rise in Q1 consolidated net profit
Bharat Electronics gains on reporting 47% rise in Q1 consolidated net profit
Source: Accord Fintech
28/07/2023 11:29:55 AM
Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd TRE posted subdued 1QFY24 performance which were in line with our expectations. The company's revenue experienced a YoY decline of 2%, reaching Rs12.0bn, slightly above CentrumE's Rs11.8bn. However, the GMs outperformed our estimates, standing at 29%, a significant YoY increase of 460bps compared to our projected 24.4%. Nevertheless, the EBITDA margin came in at 10.4%, exceeding our projected 8.9% and showcasing an improvement from 1QFY23's 9.3%. TRE's reported PAT of Rs676mn,...
Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd
Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd
Source: Centrum Broking Ltd
27/07/2023 2:41:06 PM
Greaves Cotton gains as its arm collaborates with Readily Mobility to offer after-sales service Greaves Cotton is currently trading at Rs. 136.30, up by 0.65 points or 0.48% from its previous closing of Rs. 135.65 on the BSE. The scrip opened at Rs. 135.60 and has touched a high and low of Rs. 136.95 and Rs. 135.45 respectively. So far 11973 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023. Last one week high and low of the scrip stood at ...
Greaves Cotton gains as its arm collaborates with Readily Mobility to offer after-sales service
Greaves Cotton gains as its arm collaborates with Readily Mobility to offer after-sales service
Source: Accord Fintech
27/07/2023 12:21:37 PM
Buy Bharat Electronics Ltd For Target Rs.160 - ICICI Direct About the stock: Bharat Electronics (BEL) is a leading aerospace and defence electronics company. It primarily manufactures advanced electronics products • Multi-product, multi-technology - diverse product range including radar, missile systems, electronic warfare & avionics, anti-submarine warfare, electro-optics, homeland security, civilian products, etc • FY23 Revenue mix : Defence ~87%, Non-defence ~11% and Exports ~2% Key Investment Thesis: • Increasing req...
Buy Bharat Electronics Ltd For Target Rs.160 - ICICI Direct
Buy Bharat Electronics Ltd For Target Rs.160 - ICICI Direct
Source: ICICI Direct
20/07/2023 11:56:48 AM
L&T Technology Services moves up on winning $50 million Hi-Tech deal L&T Technology Services is currently trading at Rs. 4103.50, up by 39.95 points or 0.98% from its previous closing of Rs. 4063.55 on the BSE. The scrip opened at Rs. 4042.00 and has touched a high and low of Rs. 4126.40 and Rs. 4030.85 respectively. So far 11501 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4316.75 on 02-Dec-2022 and a 52 week low of Rs. 3135.35 on 19-Jul-2022. Last one week high and low o...
L&T Technology Services moves up on winning $50 million Hi-Tech deal
L&T Technology Services moves up on winning $50 million Hi-Tech deal
Source: Accord Fintech
19/07/2023 11:23:14 AM
Elecon Engineering Company shines on getting nod to incorporate step down wholly owned subsidiary Elecon Engineering Company is currently trading at Rs. 699.70, up by 67.90 points or 10.75% from its previous closing of Rs. 631.80 on the BSE. The scrip opened at Rs. 634.00 and has touched a high and low of Rs. 748.00 and Rs. 634.00 respectively. So far 178722 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 748.00 on 11-Jul-2023 and a 52 week low of Rs. 287.55 on 11-Jul-2022. Last one week high and low of the s...
Elecon Engineering Company shines on getting nod to incorporate step down wholly owned subsidiary
Elecon Engineering Company shines on getting nod to incorporate step down wholly owned subsidiary
Source: Accord Fintech
11/07/2023 1:15:55 PM
Greaves Cotton surges as its e-mobility division crosses 2 lakh secondary sales of `Ampere` Greaves Cotton is currently trading at Rs. 139.00, up by 4.60 points or 3.42% from its previous closing of Rs. 134.40 on the BSE. The scrip opened at Rs. 135.85 and has touched a high and low of Rs. 140.05 and Rs. 134.65 respectively. So far 105653 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023. Last one week high and low of the scrip stood at...
Greaves Cotton surges as its e-mobility division crosses 2 lakh secondary sales of `Ampere`
Greaves Cotton surges as its e-mobility division crosses 2 lakh secondary sales of `Ampere`
Source: Accord Fintech
11/07/2023 12:07:08 PM
Buy Bharat Electronics Ltd For Target Rs.150 - ICICI Securities Order inflow continues Bharat Electronics (BEL) has won incremental orders worth Rs21.9bn in addition to the Rs59bn won earlier in Q1FY24, taking the total order inflow for the quarter to Rs80.9bn. This is in line with management guidance of Rs200bn of order inflow in FY24 and we expect the orderbook at Q1FY24-end to further improve compared to the record end-FY23 level. Given that the latest orders (Rs21.9bn) are smaller and pertain to platforms already in progress, we expect quicker exec...
Buy Bharat Electronics Ltd For Target Rs.150 - ICICI Securities
Buy Bharat Electronics Ltd For Target Rs.150 - ICICI Securities
Source: ICICI Securities Ltd
5/07/2023 12:06:03 PM
BHEL surges on extending Gas Turbines technology agreement with General Electric Technology GmbH Switzerland Bharat Heavy Electricals is currently trading at Rs. 90.14, up by 3.25 points or 3.74% from its previous closing of Rs. 86.89 on the BSE. The scrip opened at Rs. 87.12 and has touched a high and low of Rs. 90.78 and Rs. 87.12 respectively. So far 714982 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 91.45 on 05-Dec-2022 and a 52 week low of Rs. 44.40 on 06-Jul-2022. Last one week high and low of the scrip stood...
BHEL surges on extending Gas Turbines technology agreement with General Electric Technology GmbH Switzerland
BHEL surges on extending Gas Turbines technology agreement with General Electric Technology GmbH Switzerland
Source: Accord Fintech
5/07/2023 10:54:45 AM
Bharat Electronics climbs on bagging orders worth Rs 2,191 crore Bharat Electronics is currently trading at Rs. 123.00, up by 2.40 points or 1.99% from its previous closing of Rs. 120.60 on the BSE. The scrip opened at Rs. 121.15 and has touched a high and low of Rs. 126.70 and Rs. 120.70 respectively. So far 1276873 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 127.40 on 16-Jun-2023 and a 52 week low of Rs. 74.75 on 06-Jul-2022. Last one week high and low of the scrip stoo...
Bharat Electronics climbs on bagging orders worth Rs 2,191 crore
Bharat Electronics climbs on bagging orders worth Rs 2,191 crore
Source: Accord Fintech
30/06/2023 4:39:40 PM
ABB India surges on bagging electrification & automation contract from AM/NS India ABB India is currently trading at Rs. 4422.00, up by 14.60 points or 0.33% from its previous closing of Rs. 4407.40 on the BSE. The scrip opened at Rs. 4424.75 and has touched a high and low of Rs. 4444.50 and Rs. 4376.00 respectively. So far 4597 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4444.50 on 30-Jun-2023 and a 52 week low of Rs. 2235.25 on 29-Jun-2022. Last one week high and low of the scrip stood a...
ABB India surges on bagging electrification & automation contract from AM/NS India
ABB India surges on bagging electrification & automation contract from AM/NS India
Source: Accord Fintech
30/06/2023 4:31:34 PM
Buy Astra Microwave Products Ltd For Target Rs.370 - Sushil Finance We have coverage on Astra Microwave Products Ltd with a BUY rating on stock. Since our report, the stock has posted a high of Rs.372 today. With the recent run-up in the share price (41% return), we are now changing our rating on the stock to Neutral and recommend our investors to book profits     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimer Member : BSE/ NSE/ MSE...
Buy Astra Microwave Products Ltd For Target Rs.370 - Sushil Finance
Buy Astra Microwave Products Ltd For Target Rs.370 - Sushil Finance
Source: Sushil Finance Ltd
30/06/2023 3:19:14 PM