Annapurna Swadisht Acquisition, Maharashtra Seamless Promoter Buying, Digikore Studios KMP Appointment

Annapurna Swadisht Ltd.

Recent Filing: (LAND ACQUISITION) Annapurna Swadisht has acquired a 6 acre Plot in Tezpur, Assam, on long term lease for greenfield project to expand its footprint in the North East markets. The new manufacturing facility at Tezpur, Assam will enable the Company to cater to Assam Market and enhancing the brand visibility in the North East.

SUMMARY: 2y Operating Profit uptrend | 4 periods semi-annual Operating Profit uptrend | PE 55.2x (Sector PE range 30-100) | Excellent Sep-23 results | Fund Raise | Capacity Expansion | Ace investor | Promoter buying | Consumption

  • MCap of INR 596 Crore (share price = INR 343 / share) (as on 20th Mar ‘24)
  • TTM PE 55.2x (as on 20th Mar ‘24) Retail float = 15.5% (Sep-23)

What are the products and  services of Annapurna Swadisht?

Incorporated in 2016, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely Fryums, cakes, candy, namkeen, chips, and Gohona Bori catering to the customers residing in the rural areas of India. Since then, the company has reached 5 lacs+ retailers in 100+ towns and more than 1.5 lacs villages. These villages are spread across eastern India, covering West Bengal Jharkhand, Bihar, North East and Odisha.

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Maharashtra Seamless Ltd.

Recent filing: (PROMOTER BUYING) Promoter Group of Maharashtra Seamless bought 39.4k shares at an average price of INR 922/share, aggregating to INR 3.6 Cr in the month of Mar ‘24.

SUMMARY: 3y Operating Profit uptrend | 2q Operating Profit uptrend | PE 10.1x (Sector PE range 10-50) | Excellent Dec-23 results | Institutional Entry | Promoter buying

  • MCap of INR 11,160 Crore (share price = INR 833 / share) (as on 20st Mar ‘24)
  • TTM PE of 10.1x (as on 20st Mar ‘24) Retail float = 8.3% (Dec-23)

What are the products and services of Maharashtra Seamless ?

Incorporated in 1988, Maharashtra Seamless Limited (MSL) was conceived after noticing huge demand and supply gap in the seamless pipe market, which was met mostly through imports. The company manufacture seamless pipes & tubes with the finest quality and wide product range using the world-renowned CPE technology acquired through technical collaboration with Mannesmann Demag Huttentechnik Gmbh (MDH), Germany.

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Digikore Studios

Recent filing: (APPOINTMENT) Digikore Studios appointed Mr. Jason Sperling, a seasoned veteran in the VFX industry, as their new Creative Director and VFX Supervisor. Jason has over two decades of unparalleled expertise and a prestigious track record from his previous role as Director of VFX (Series) in the USA and Canada at Netflix. Some of his remarkable projects include The Walking Dead, Umbrella Academy, Altered Carbon, Vikings: Valhalla, and Three Body Problem.

SUMMARY: 3y Operating Profit uptrend | 1q Operating Profit uptrend | PE 40.9x (Sector PE range 30-60) | Excellent Sep-23 results | Strong Management Guidance | Ace investor | VFX

  • MCap of INR 328 Crore (share price = INR 518 / share) (as on 20th Mar ‘24)
  • TTM PE 40.9x (as on 20th Mar ‘24) Retail float = 12.6% (Oct-23)

What are the products and services of Digikore Studios ?

Digikore, established in 2000, is a VFX studio based in India. Its core specialization lies in delivering top tier Visual Effects (VFX) services tailored for a diverse array of media projects, encompassing films, web series, TV series, documentaries, and commercials. Company got listed on the NSE Emerge platform on 4th Oct 2023.