<h3>Power & Instrumentation (Gujarat) Ltd</h3>Recent filing: (STAKE INCREASED) Power & Instrumentation is increasing its stake in Peaton Electricals from 15% to 60%, aligning with its vision to strengthen its position in electrical manufacturing. PECL, recently licensed by Siemens to produce SIEPAN 8PU switchboards, brings advanced capabilities. This move enhances PIGL’s manufacturing, expands its product range, and boosts market reach with Siemens-certified products.SUMMARY: 3y Operating Profit uptrend | PE 58.3x (Sector PE range 30-70) | Excellent Sep-24 results | Orderbook = INR 350+ Cr (Sep-24) (2.7x times of TTM revenue) | Acquisition | Capital Goods – Electrical EquipmentFUTURE OUTLOOK: As per Q2FY25 Concall, Company expects strong growth with a 50% year-on-year increase and plans to maintain a similar pace for FY26 | Company current EBITDA margin is 10.8%, in line with the EPC industry average of 10%-12%, and By FY26, company aims to improve its EBITDA margin to 13%-14%.<ul><li>MCap of INR 540 Crore (share price = INR 336 / share) (as on 24th Dec ‘24)</li><li>TTM PE 58.3x (as on 24th Dec ‘24) Retail float = 14.4% (Sep-24)</li></ul>FOOD FOR THOUGHT: Low double digit operating profit margin.Company Description: Founded in 1975, Power & Instrumentation (Gujarat) Ltd is a leading player in the electrical contracting and equipment industry, specializing in Electrical, Procurement, and Construction (EPC) solutions. The company provides a wide range of services, including electrical installations, maintenance, and energy-efficient power systems. Serving industrial, commercial, and government clients, they deliver high-quality projects.
 Discover Stocks for free in Sovrenn Discovery - <a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts" action="_blank">Large Order Bucket</a><h3>Zaggle Prepaid Ocean Services Ltd</h3>Recent filing: (FUND RAISE) Board of Zaggle Prepaid has approved the issuance of 1.1 Cr equity shares at INR 523/share, aggregating to INR 595 Cr. Subscribers include Bank of India, Societe Generale, ICICI Prudential Technology, Nuvama Fund etc.SUMMARY: 2y Operating Profit uptrend | PE 92.4x (Sector PE range 30-50) | Excellent Sep-24 results | Acquisitions | Ace Investor | Institutional entry | ITFUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company is raising its guidance to a 50-55% increase in topline growth for FY25 and is highly confident in doubling FY24 revenues within the next two years | Company has a seasonality where 35% to 40% of business comes in the first 2 quarters and about 60% to 65% comes in H2, which is the Q3 and Q4.<ul><li>MCap of INR 6,599 Crore (share price = INR 537 / share) (as on 24th Dec ‘24)</li><li>TTM PE 92.4x (as on 24th Dec ‘24) Retail float = 20% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.Company Description: Incorporated in 2011, Zaggle is a uniquely positioned player in the FinTech industry, offering a diversified range of products and services. Company’s portfolio includes a variety of SaaS solutions, such as expenses, payments, and rewards management software, which cater to a wide array of touchpoints.
 Now get chance to learn investing for free at <a href="https://www.sovrenn.com/education" action="_blank">Sovrenn Education</a><h3>Aurionpro Solutions</h3>Recent filing: (ACQUISITION) Board of Aurionpro Solutions has approved the acquisition of a 100% stake in Fenixys SAS, a Paris-based company, through the Company’s Singapore-based subsidiary. Fenixys SAS, which reported FY24 revenue of INR 73 crore, operates in the Financial Technology Services and Consulting sector, specializing in banking and capital markets consulting across Europe and the Middle East. This acquisition will enable the Company to expand its presence in the European market. The total purchase consideration for the transaction is €10 million (INR 89 crore).SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 59.5x (Sector PE range 30-50) | Excellent Sep-24 results | Fund raise | Institutional entry | Acquisition | Partnership | Large order | Orderbook of INR 1,150 Cr+ (Sep-24) (1x of TTM revenue) | New-age ITFUTURE OUTLOOK: As per the Q2FY25 Concall, Company is optimistic about achieving its guided growth of over 30%+ for FY25, while ensuring that earnings margins stay within the projected range.<ul><li>MCap of INR 9,782 Crore (share price = INR 1,772 / share) (as on 24th Dec ‘24)</li><li>TTM PE of 59.5x (as on 24th Dec ‘24) Retail float = 8.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector rangeCompany Description: Aurionpro is the convergence of advanced technology solutions that help enterprises accelerate Digital Innovation - securely and efficiently. It is 'One Platform', guiding businesses to ADAPT to a new paradigm in Digital Transformation across Banking Transportation, Logistics, and Government sectors.

Sovrenn Daily News - 24th Dec 2024

<h2>Thomas Scott (India) Ltd</h2>Recent filing: (FUND RAISE) Board has approved issuing 9.5 lakh equity shares and 6.1 lakh warrants, with pricing yet to be determined. Subscribers include Ashish Kacholia and RBA Finance and Investment Company.SUMMARY: 4y Operating Profit uptrend | PE 50.7x (Sector PE range 30-70) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/thomas-scott-(india)-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor </a>| Consumption<ul><li>MCap of INR 538 Cr (share price = INR 477/ share) (as on 23rd Dec ‘24)</li><li>TTM PE 50.7x (as on 23rd Dec ‘24) Retail float = 1.3% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative operating cashflow for FY24.<h3>Question 1: Who are the promoters of Thomas Scott (India) Ltd?</h3>Thomas Scott India Limited (TSIL) is an online focused specialty retailer with 12,000+ SKUs, sold across 9 channels for 15 brands in India and Gulf (GCC).Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Arham Technologies Ltd.</h2>Recent filing: (BUSINESS UPDATE) <a href="https://www.sovrenn.com/prime/arham-technologies">Arham Technologies</a> new trademark, Aratton, has been approved. Products will now be sold under both brands: Starshine for premium offerings and Aratton for economical, higher-volume products.SUMMARY: 5y Operating Profit uptrend | PE 42.4x (Sector PE range 30-70) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/arham-technologies-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/arham-technologies-ltd">New Products</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/arham-technologies-ltd">Promoter buying</a> | <a href="https://www.sovrenn.com/discovery/consumption/arham-technologies-ltd">Consumption</a><ul><li>MCap of INR 237 Crore (share price = INR 140 / share) (as on 23rd Dec ‘24)</li><li>TTM PE of 42.4x (as on 23rd Dec ‘24) Retail float = 16.4% (Sep-24)</li></ul><h3>Question 1: Who are the promoters of Arham Technologies?</h3>Arham Technologies manufactures Smart Televisions and has been leading the electronic manufacturing space in Central India since 2013 with its headquarters located at Electronic manufacturing Cluster, New Raipur.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>AGI Greenpac Ltd.</h2>Recent filing: (FUND RAISE) Board of <a href="https://www.sovrenn.com/discovery/breakout/agi-greenpac-ltd">AGI Greenpac</a> has approved raising funds for an aggregate amount of up to INR 1,500 Cr; the mode of fundraising is yet to be determined.SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 28.8x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/agi-greenpac-ltd">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/agi-greenpac-ltd">Fund raise </a>| <a href="https://www.sovrenn.com/discovery/promoter-buying/agi-greenpac-ltd">Promoter Buying</a> | PackagingFUTURE OUTLOOK: As per Q1FY25 Concall, Company management expects a 10% growth in revenue for FY25.<ul><li>MCap of INR 7,678 Crore (share price = INR 1,186 / share) (as on 23rd Dec ‘24)</li><li>TTM PE of 28.8x (as on 23rd Dec ‘24) Retail float = 15.0% (Sep-24)</li></ul><h3>Question 1: Who are the promoters of AGI Greenpac?</h3>AGI Greenpac Limited is engaged in the manufacturing of various packaging products like glass containers, specialty glass, Polyethylene Terephthalate (PET) bottles &amp; products and security caps &amp; closures.Also Read: <a href="https://www.sovrenn.com/knowledge/salzer-electronics-promoter-buying-eco-recycling-fund-raise-and-datamatics-global-services-inauguration-of-delivery-center">Salzer Electronics Promoter Buying, Eco Recycling Fund Raise And Datamatics Global Services Inauguration of Delivery Center</a>

Get the latest updates on Thomas Scott's fund-raising initiatives, Arham Technologies' business developments, and AGI Greenpac's capital-raising efforts to drive innovation and growth.

Thomas Scott Fund Raise, Arham Technologies Business Update And AGI Greenpac Fund Raise

<h2>Salzer Electronics Ltd.</h2>Recent filing: (PROMOTER BUYING) Promoter of <a href="https://www.sovrenn.com/prime/salzer-electronics-limited">Salzer Electronics</a> bought 2.2k shares at INR 1,326/share, aggregating to INR 29.6 L in the month of Dec.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 41.9x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)/salzer-electronics-ltd">Excellent Jun-24 results</a> | New product line | <a href="https://www.sovrenn.com/discovery/preferential-issuance/salzer-electronics-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/salzer-electronics-ltd">Capacity expansion</a> | Ace Investor | Aggressive Hiring | <a href="https://www.sovrenn.com/discovery/promoter-buying/salzer-electronics-ltd">Promoter buying</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/salzer-electronics-ltd">Capital goods (Electrical Equipment)</a> | <a href="https://www.sovrenn.com/discovery/railways/salzer-electronics-ltd">Railways</a>FUTURE OUTLOOK:&nbsp;Company targets total revenue of INR 2,300 Cr by FY26, with INR 1,600 Cr from existing businesses and INR 700 crores from Smart Meters. For FY25, it expects 20%-23% growth in revenue and profit, excluding INR 200 Cr of revenue from Smart Meters.<ul><li>MCap of INR 2,822 Crore (share price = INR 1,596 / share) (as on 20th Dec ’24)</li><li>TTM PE 41.9x (as on 20th Dec ’24) Retail float = 36.9% (Sep-24)</li></ul>FOOD FOR THOUGHT:&nbsp; FIIs have reduced stake from 6.1% in Sep-23 to z.8% in Jun-24.<h3>Question 1: Who are the promoters of Salzer Electronics?</h3>Established in 1985 with German collaboration for Cam operated Rotary switches, Salzer Electronics is the largest Rotary switch manufacturers and suppliers in India having more than 40% market share and serving to all segments in India. The Company has complete range of Cam Operated Rotary switches from 6 Amps to 400 Amps and Rotary switch suppliers to Indian Railways.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Eco Recycling Ltd</h2>Recent filing: (FUND RAISE) Board meeting is scheduled to be held on 23rd Dec 2024, to consider raising of funds by the way of QIP.SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/eco-recycling-ltd">Excellent Sep-24 results</a> | PE 80.8x (Sector PE range 30-50) | Sustainability and Recycling<ul><li>MCap of INR 1,916 Crore (share price = INR 993/ share) (as on 20th Dec ‘24)</li><li>TTM PE 80.8x (as on 20th Dec ‘24) Retail float = 16.1% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Eco Recycling Ltd?</h3>Company is India’s 1st and one of the leading E-waste management company, offering end-to-end solutions of Reverse Logistics, Data Destruction, Information Technology Asset Disposition (ITAD), Recycling of E-waste, Lamp Recycling, Precious Metal Recovery, implementation of EPR and CSR initiatives, Recycling on Wheels-Smart ER.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>Datamatics Global Services Ltd.</h2>Recent filing: (INAUGRATION OF DELIVERY CENTER) <a href="https://www.sovrenn.com/prime/datamatics-global-services-limited">Datamatics Global Services</a> has inaugurated its fourth delivery center in the Philippines, located at Samar Loop, Ayala Business Park, Cebu City. This PEZA-registered facility features modern infrastructure and advanced technology, supporting clients across sectors like financial services, healthcare, insurance, education, e-commerce, technical support, and customer management. It joins Company’s existing centers in Manila and Clark, reaffirming the company’s commitment to innovation and exceptional service.SUMMARY: PE 20.8x (Sector PE range 30-50) | Strategic <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/datamatics-global-services-ltd">Partnerships</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/datamatics-global-services-ltd">New Products</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/datamatics-global-services-ltd">Acquisitions </a>| <a href="https://www.sovrenn.com/discovery/new-age-it/datamatics-global-services-ltd">New-Age IT</a>FUTURE OUTLOOK: As per Q4FY24 Concall, Company Forecasting 7% to 8% growth in the next financial year | Anticipating sustained margins around 15.7-16% on EBITDA and 13.5-14% on EBIT.<ul><li>Mcap of INR 3,778 Crore (share price = INR 639 / share) (as on 20th Dec ’24)</li><li>TTM PE 20.8x (as on 20th Dec ’24) Retail float = 13.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Geographical concentration risk (focused in India and West Asia) compared to large IT companies which have a wide presence in the US and European markets<h3>Question 1: Who are the promoters of Datamatics Global Services?</h3>Incorporated in 1987, Datamatics provides solutions for data driven businesses to enhance their productivity and customer experience. Its services can be divided into three segments: digital operations, digital experience and digital technology The Company has also developed products in robotics process automation, advanced analytics business intelligence, and automated fare collection.Also Read: <a href="https://www.sovrenn.com/knowledge/kilburn-engineering-institutional-buying-j-kumar-infraprojects-order-and-zaggle-prepaid-ocean-services-agreement">Kilburn Engineering Institutional Buying, J Kumar Infraprojects Order And Zaggle Prepaid Ocean Services Agreement</a>

Explore Salzer Electronics promoter buying, Eco Recycling's latest fund raise, and Datamatics Global Services' inauguration of a new delivery center. Get the latest business updates here.

Salzer Electronics Promoter Buying, Eco Recycling Fund Raise And Datamatics Global Services Inauguration of Delivery Center

<h2>Kilburn Engineering Ltd.</h2>Recent filing: (INSTITUTIONAL BUYING) Aionis Alpha Fund I bought 2.5L shares of <a href="https://www.sovrenn.com/prime/kilburn-engineering-limited">Kilburn Engineering</a> at INR 480/share, aggregating to INR 12 Cr.SUMMARY: 4y Operating Profit uptrend | 1q Operating Profit uptrend | PE 36.5x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/kilburn-engineering-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/kilburn-engineering-ltd">Acquisition</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/kilburn-engineering-ltd">Promoter buying </a>| Institutional entry | <a href="https://www.sovrenn.com/discovery/order-book/kilburn-engineering-ltd">Orderbook</a> of INR 354 Cr (Sep-24) | <a href="https://www.sovrenn.com/discovery/capital-goods/kilburn-engineering-ltd">Capital Goods – Non Electrical Equipment</a>FUTURE OUTLOOK: As per Q2FY25 Concall, projected a revenue of INR 500 Cr for FY25. By Q2FY25, the revenue growth outlook for FY25 remained unchanged (52% Growth), and the company further provided guidance of INR 700-750 Cr (45% Growth) in revenue for FY26 | Company is optimistic about achieving a consolidated EBITDA margin of 20%+ in the coming years | Company has INR 2,000 Cr worth of Orders in the inquiry pipeline.<ul><li>MCap of INR 2,187 Crore (share price = INR 483 / share) (as on 19th Dec ‘24)</li><li>TTM PE of 36.5x (as on 19th Dec ‘24) Retail float = 14.4% (Sep-24)</li></ul>FOOD FOR THOUGHT: Working capital extensive business.<h3>Question 1: Who are the promoters of Kilburn Engineering?</h3>Company offers comprehensive range of dryers for solid, liquid and gas to cover wide range of industries: chemical, petrochemical, oil &amp; gas, refineries power, steel, cement, fertilizer, mining, sewage treatment, food etc. It also manufactures specially designed packages for onshore and offshore applications.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>J Kumar Infraprojects Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/revenue-guidance/j-kumar-infraprojects-ltd">J Kumar Infraprojects </a>has received a Letter of Award from NBCC (India) for the INR 632 Cr project to develop Hari Nagar Colony of Delhi Transport Corporation (DTC) in Delhi, to be completed in 27 months.SUMMARY: 4y Operating Profit uptrend | PE 16.2x (Sector PE range 10-50) | Orderbook of INR 18,721 Cr (Sep-24) (3.6x of TTM Revenue) | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/large-order-receipts/j-kumar-infraprojects-ltd">Large Order</a> | <a href="https://www.sovrenn.com/discovery/infrastructure/j-kumar-infraprojects-ltd">Infrastructure</a>FUTURE OUTLOOK: As per the Q1FY25 Concall, Company wants to be a \$1 billion revenue company by FY27 with the order book of around INR 25,000 Cr Company anticipated top-line growth for FY25 is around INR 5,600 to 5,700 Cr.<ul><li>MCap of INR 5,859 Crore (share price = INR 774 / share) (as on 19th Dec ‘24)</li><li>TTM PE 16.2x (as on 19th Dec ‘24) Retail float = 10.8% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of JKumar Infraprojects?</h3>JKumar Infraprojects is engaged in the business of constructing Flyovers, Bridges &amp; Roads, Skywalks, Urban infra, Dams &amp; Canals, Underground Metro and Railways. Its executed projects include Mumbai Metro line 7 and 2A, Delhi Underground Metro, Ahmedabad metro, Grant Road Skywalk etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>Zaggle Prepaid Ocean Services Ltd</h2>Recent filing: (AGREEMENT) <a href="https://www.sovrenn.com/discovery/revenue-guidance/zaggle-prepaid-ocean-services-ltd">Zaggle Prepaid</a> will provide its Zaggle Save solution to Narayana Hrudayalaya Limited for employee expense management and benefits till FY27.SUMMARY: 2y Operating Profit uptrend | PE 91.7x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/zaggle-prepaid-ocean-services-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/zaggle-prepaid-ocean-services-ltd">Acquisitions </a>| <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional entry | ITFUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company is raising its guidance to a 50-55% increase in topline growth for FY25 and is highly confident in doubling FY24 revenues within the next two years | Company has a seasonality where 35% to 40% of business comes in the first 2 quarters and about 60% to 65% comes in H2, which is the Q3 and Q4.<ul><li>MCap of INR 6,551 Crore (share price = INR 533 / share) (as on 19th Dec ‘24)</li><li>TTM PE 91.7x (as on 19th Dec ‘24) Retail float = 20% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Zaggle Prepaid Ocean Services?</h3>Incorporated in 2011, Zaggle is a uniquely positioned player in the FinTech industry, offering a diversified range of products and services. Company’s portfolio includes a variety of SaaS solutions, such as expenses, payments, and rewards management software, which cater to a wide array of touchpoints.Also Read: <a href="https://www.sovrenn.com/knowledge/tinna-rubber-and-infrastructure-institutional-entry-systematix-corporate-services-promoter-buying-and-agi-greenpac-fund-raise">Tinna Rubber &amp; Infrastructure Institutional Entry, Systematix Corporate Services Promoter Buying And AGI Greenpac Fund Raise</a>

Discover insights on Kilburn Engineering's institutional buying, J Kumar Infraprojects' latest order, and Zaggle Prepaid Ocean Services' strategic agreement. Stay updated on key developments in the business sector.

Kilburn Engineering Institutional Buying, J Kumar Infraprojects Order And Zaggle Prepaid Ocean Services  Agreement 

<h2>Tinna Rubber &amp; Infrastructure Ltd</h2>Recent filing: (INSTITUTIONAL ENTRY) Bank of India Mutual Fund bought 89k shares of <a href="https://www.sovrenn.com/prime/tinna-rubber-&amp;-infrastructure-ltd">Tinna Rubber &amp; Infrastructure</a> at INR 1325/share, aggregating to INR 11.8 Cr.SUMMARY: 5y Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/tinna-rubber-&amp;-infrastructure-ltd">Excellent Sep-24 results</a> |PE 41.3x (Sector PE range 30-50) | Fund raise | Capacity Expansion | Institutional entry | Sustainability and RecyclingFUTURE OUTLOOK: As per Q2 FY25 Investor Presentation, Company targets INR 500 Cr revenue by FY25 and INR 900 Cr by FY27 with a Revenue CAGR of 25%, 33% profitability growth, 30% ROCE, and 18% EBITDA.<ul><li>MCap of INR 2,237 Crore (share price = INR 1,306 / share) (as on 18th Dec ‘24)</li><li>TTM PE 41.3x (as on 18th Dec ‘24) Retail float = 15.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Raw material price volatility risk<h3>Question 1: Who are the promoters of Tinna Rubber &amp; Infrastructure?</h3>Company, founded in 1987 under the dynamic leadership of Mr. Bhupinder Kumar Sekhri, is a professionally managed company which is rapidly expanding as a fully integrated company converting waste tyres into downstream valueadded products.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h3>Systematix Corporate Services Ltd.</h3>Recent filing: (PROMOTER BUYING) Promoter of Systematix Corporate bought 5k shares at INR 215/share, aggregating to INR 11L.SUMMARY: PE 38.6x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/systematix-corporate-services-ltd">Excellent Sep-24 esults</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/systematix-corporate-services-ltd">Promoter buying</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/systematix-corporate-services-ltd">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/nbfc/systematix-corporate-services-ltd">Financial Services</a><ul><li>MCap of INR 2,745 Crore (share price = INR 201 / share) (as on 18th Dec ‘24)</li><li>TTM PE 38.6x (as on 18th Dec ‘24) Retail float = 6.0% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Systematix Corporate Services?</h3>Founded in 1985 by Mr. Chandra Prakash Khandelwal, Systematix Group stands as a cornerstone of integrity and trust in India's financial landscape. Offering a diverse range of services, including Investment Banking, Merchant Banking, Broking, Wealth and Portfolio Management, NRI services, and more, the institution caters to a broad clientele, including FIIs, DIIs, corporates, and retail investors. With a robust presence in equity, derivative, commodity, and currency markets, Systematix boasts a wide network spanning over 100 cities, establishing itself as a prominent player in India's financial markets.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>AGI Greenpac Ltd.</h2>Recent filing: (FUND RAISE) Board meeting of <a href="https://www.sovrenn.com/discovery/breakout/agi-greenpac-ltd">AGI Greenpac</a> isscheduled to be held on 20th Dec, 2024 to consider Fund raise.SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 29.5x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/agi-greenpac-ltd">Capacity expansion</a> | Fund raise | <a href="https://www.sovrenn.com/discovery/promoter-buying/agi-greenpac-ltd">Promoter Buying</a> | PackagingFUTURE OUTLOOK: As per Q1FY25 Concall, Company management expects a 10% growth in revenue for FY25.<ul><li>MCap of INR 7,859 Crore (share price = INR 1,215 / share) (as on 18th Dec ‘24)</li><li>TTM PE of 29.5x (as on 18th Dec ‘24) Retail float = 15.0% (Sep-24)</li></ul><h3>Question 1: Who are the promoters of AGI Greenpac Ltd?</h3>AGI Greenpac Limited is engaged in the manufacturing of various packaging products like glass containers, specialty glass, Polyethylene Terephthalate (PET) bottles &amp; products and security caps &amp; closures.Also Read: <a href="https://www.sovrenn.com/knowledge/websol-energy-system-breakout-texmaco-rail-and-engineering-order-and-ganesh-green-bharat-capacity-expansion">Websol Energy System Breakout, Texmaco Rail &amp; Engineering Order And Ganesh Green Bharat Capacity Expansion</a>

Tinna Rubber & Infrastructure sees institutional entry, Systematix Corporate Services records promoter buying, and AGI Greenpac announces a strategic fund raise. Stay updated with the latest developments.

Tinna Rubber & Infrastructure Institutional Entry, Systematix Corporate Services Promoter Buying And AGI Greenpac Fund Raise

<h3>Websol Energy System Ltd.</h3>Recent filing: (BREAKOUT) <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/websol-energy-system-ltd">Websol Energy System</a> Stock has given a 1-month breakout breaking the previous price level of 1582.SUMMARY: 2y Operating Profit uptrend | 2q Operating Profit uptrend | PE NA (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/websol-energy-system-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/websol-energy-system-ltd">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/websol-energy-system-ltd">Capacity Expansion</a> | Solar | <a href="https://www.sovrenn.com/discovery/green-energy/websol-energy-system-ltd">Clean Energy</a><ul><li>MCap of INR 7,324 Crore (share price = INR 1,687 / share) (as on 17th Dec ‘24)</li><li>TTM PE NA (as on 17th Dec ‘24) Retail float = 42.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is undefined given that, net profit on a TTM basis is negative.<h3>Question 1: Who are the promoters of Websol Energy System?</h3>Incorporated in 1990, Websol Energy Systems Ltd. manufactures photovoltaic monocrystalline solar cells and modules in India. Websol modules are designed for grid and standalone Solar PV power plants, remote communication, and rural electrification under diffused Sunlight.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Texmaco Rail &amp; Engineering Ltd</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/large-order-receipts/texmaco-rail-&amp;-engineering-ltd">Texmaco Rail </a>has received an order worth INR 187 Cr from Chhattisgarh State Power Transmission Co. Ltd. for the construction of nine 132KV transmission lines (291 km) on a turnkey basis, to be completed within 15 months.SUMMARY: 4y Operating Profit uptrend | PE 44.4x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/texmaco-rail-&amp;-engineering-ltd">Excellent Sep-24 results</a> | Fund raise | Promoter Buying | Institutional Entry | Acquisitions | <a href="https://www.sovrenn.com/discovery/order-book/texmaco-rail-&amp;-engineering-ltd">Order book</a> of INR 8,200 Cr as of (Sep-24) | Capital Goods – Non-Electrical Equipment<ul><li>MCap of INR 9,228 Crore (share price = INR 231 / share) (as on 17th Dec ‘24)</li><li>TTM PE 44.4x (as on 17th Dec ‘24) Retail float = 24.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: Low operating profit margin.<h3>Question 1: Who are the promoters of Texmaco Rail &amp; Engineering?</h3>Company operates through three business segments, Freight Car (freight car manufacturing, steel foundry and components systems), Infra – Rail &amp; Green Energy and Infra – Electrical. The Company has seven manufacturing facilities, with five located in West Bengal (Agarpara, Belgharia [2], Sodepur and Panihati), one in Vadodara, Gujarat and one in Raipur, Chhattisgarh.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>Ganesh Green Bharat Ltd.</h2>Recent filing: (CAPACITY EXPANSION) <a href="https://www.sovrenn.com/prime/ganesh-green-bharat-limited">Ganesh Green Bharat</a> has commenced commercial production of its new Module Line at Mahesana, Gujarat, effective December 15, 2024. Manufacturing capacity at the existing factory has increased by 514 MW, raising total capacity from 236 MW to 750 MW. The facility features fully automated processes for consistent quality and can handle advanced technologies like TOPCon, PERC, and HJT for solar PV manufacturing.SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 49.9x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/ganesh-green-bharat-ltd">Excellent Sep-24 Results</a> | <a href="https://www.sovrenn.com/discovery/order-book/ganesh-green-bharat-ltd">Order book</a> of INR 394 Cr as of (4th Dec-24) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/ganesh-green-bharat-ltd">Capacity Expansion</a> | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | Clean EnergyFUTURE OUTLOOK: As per H1FY25 Concall, Company is targeting a turnover of INR 300-350 Cr for FY25 (91% growth over FY24) and INR 550-600 Cr for FY26 | Target turnover over the next 4-5 years is INR 3,500-4,000 Cr | As per H1FY25 Investor Presentation, Company plans to expand its capacity from the current 236 MW to 750 MW (3x growth) by the end of CY24.<ul><li>MCap of INR 1,307 Crore (share price = INR 527 / share) (as on 17th Dec ‘24)</li><li>TTM PE 49.9x (as on 17th Dec ‘24) Retail float = 15.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Ganesh Green Bharat?</h3>Incorporated in 2016, Ganesh Green Bharat Limited specializes in Solar PV Module manufacturing, Solar Systems and Allied Services, Electrical Contracting, and Water Supply Scheme Projects.Also Read: <a href="https://www.sovrenn.com/knowledge/ceigall-india-order-cancellation-h-g-infra-engineering-solar-restructuring-with-jv-and-hbl-engineering-order">Ceigall India Order Cancellation, H. G. Infra Engineering Solar Restructuring With JV And HBL Engineering Order</a>

Stay updated on Websol Energy System's breakout performance, Texmaco Rail & Engineering's new order acquisition, and Ganesh Green Bharat's capacity expansion initiatives. Discover key developments in the energy, rail, and green industries.

Websol Energy System Breakout, Texmaco Rail & Engineering Order And Ganesh Green Bharat Capacity Expansion

<h2>Ceigall India Ltd.</h2>Recent filing: (ORDER CANCELLATION) <a href="https://www.sovrenn.com/prime/ceigall-india-limited">Ceigall India</a> has received a letter from the State Highways Authority of Jharkhand informing that the tender for the project Construction of 4 Lane Elevated Road from Sahajanand Chowk to Judge Colony, Ranchi (awarded value: INR 207 Cr) has been cancelled due to administrative reasons as per the RFP clause.SUMMARY: 4y Operating Profit uptrend | PE 19.1x (Sector PE range 10-50) | <a href="https://www.sovrenn.com/discovery/order-book/ceigall-india-ltd">Orderbook </a>INR 12,153 Cr (as of Sep-24) (3.8x of TTM Revenue) | InfrastructureFUTURE OUTLOOK: As per Q1FY25 Concall, Management is hoping that the company will make a proper effort to report same level of growth during FY25.<ul><li>MCap of INR 6,315 Crore (share price = INR 362 / share) (as on 16th Dec ‘24)</li><li>TTM PE 19.1x (as on 16th Dec ‘24) Retail float = 7.0% (Sep 2024)</li></ul>FOOD FOR THOUGHT: Negative operating Cashflows for FY24.<h3>Question 1: Who are the promoters of Ceigall India?</h3>Company is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h3>H. G. Infra Engineering Ltd.</h3>Recent filing: (SOLAR RESTRUCTURING WITH JV) <a href="https://www.sovrenn.com/discovery/revenue-guidance/h.-g.-infra-engineering-ltd">H.G. Green Energy Private Limited</a> a Wholly-owned Subsidiary of H.G. Infra has transferred 26% of its partial stake from its 23 wholly owned Subsidiaries to Stockwell Solar Projects Private Limited (JV Partner). Stockwell specializes in Solar OPEX/RESCO and CAPEX models. Company has expertise in renewable energy and providing engineering to deliver a comprehensive service, from site evaluation and design to financing, execution, and maintenance.SUMMARY: 6y Operating Profit uptrend | PE 18.8x (Sector PE range 10-50) | Institutional entry | <a href="https://www.sovrenn.com/discovery/infrastructure/h.-g.-infra-engineering-ltd">Infrastructure</a>FUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company has a total Order book of INR 16,624 Cr as of Sep 2024 | As per Q1FY25 Concall, Company committed for an order inflow of INR 11,000 Cr to INR 12,000 Cr in FY25, with a revenue growth of 17% to 18% and a margin of 15% to 16%.<ul><li>MCap of INR 9,871 Crore (share price = INR 1,515 / share) (as on 16th Dec ‘24)</li><li>TTM PE of 18.8x (as on 16th Dec ‘24) Retail float = 10.5%% (Sep-24)</li></ul>FOOD FOR THOUGHT: Client concentration risk: Road projects from NHAI and ARTL contribute to 87% of orderbook as of Dec-23.<h3>Question 1: Who are the promoters of H. G. Infra Engineering?</h3>With a resilient two-decade journey,&nbsp;HGIEL&nbsp;has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery&nbsp;</a><h2>HBL Engineering Ltd</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/large-order-receipts/hbl-engineering-ltd">HBL Engineering</a> has received a work order worth INR 1,522 Cr from Chittaranjan Locomotive Works for supply, Installation and Commissioning of on-Board Train Collision Avoidance System (TCAS) (KAVACH) equipment in locomotives within 1 year.SUMMARY: 4y Operating Profit uptrend | Excellent Sep-24 results | PE 56.8x (Sector PE range 30-70) | Capital Goods – Electrical equipmentFUTURE OUTLOOK: As per the FY24 Annual Report, FY 25 sales may be about the same as FY 24 because; no Kavach tenders were issued from Feb 2022 till 6 August 2024 | FY 26 sales may be 30% more than FY 25 sales, because Kavach tenders were issued in August 2024 | FY 27 and FY 28 may have compound growth in sales at about 20 % a year over FY 26<ul><li>MCap of INR 19,653 Crore (share price = INR 709/ share) (as on 16th Dec ‘24)</li><li>TTM PE 56.8x (as on 16th Dec ‘24) Retail float = 27.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: Working Capital intensive business<h3>Question 1: Who are the promoters of HBL Engineering?</h3>HBL is a company that creates advanced products to meet India's technology needs. For over 40 years, they have worked in industries like aviation, defense, railways, and energy. One of their key achievements is developing railway safety systems to improve Indian Railways' security and capacity. HBL is now focusing on electric vehicles (eMobility), providing India with locally made motors and batteries for eco-friendly transport.Also Read: <a href="https://www.sovrenn.com/knowledge/avg-logistics-order-salzer-electronics-promoter-buying-and-bls-international-breakout">AVG Logistics Order, Salzer Electronics Promoter Buying And BLS International Breakout</a>

Explore the latest updates on Ceigall India order cancellation, H.G. Infra Engineering's solar restructuring with joint venture, and HBL Engineering's new order developments. Stay informed on key industry changes and business strategies.

Ceigall India Order Cancellation, H. G. Infra Engineering Solar Restructuring With JV And HBL Engineering Order

<h2>AVG Logistics Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/revenue-guidance/avg-logistics-ltd">AVG Logistics</a> has secured a major contract with a leading Indian cement company, marking its entry into the growing cement industry. The agreement is expected to add approximately INR 90 Cr to AVG's annual revenue over three years, starting Q3 FY 2025, and will be implemented in phases.SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | PE 22.3x (Sector PE range 10-40) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/avg-logistics-ltd">Fund raise</a> | Fleet expansion | Institutional entry | <a href="https://www.sovrenn.com/discovery/promoter-buying/avg-logistics-ltd">Promoter buying</a> | Strategic JV | <a href="https://www.sovrenn.com/discovery/shipping-logistics/avg-logistics-ltd">Logistics</a>FUTURE OUTLOOK: As per Q1FY25 Concall, Company is targeting a revenue of INR 700 Cr for FY25 | Company is anticipating 15-20% organic growth while exploring additional business opportunities in new sectors | Company expecting EBITDA margin guidance for FY25 to be in the range of 18-19%.<ul><li>MCap of INR 604 Crore (share price = INR 405 / share) (as on 13th Dec ‘24)</li><li>TTM PE 22.3x (as on 13th Dec ‘24) Retail float = 14.7% (14th Nov-24)</li></ul>FOOD FOR THOUGHT: The Indian logistics sector is highly fragmented, with both large established companies and numerous small to medium-sized unorganized firms. Global competition further intensifies the market, limiting bargaining power and impacting profit margins.<h3>Question 1: Who are the promoters of AVG Logistics?</h3>Incorporated in 2010, AVG Logistics is a third-party logistics service operator. It offers Full Truck Load and hub-and-spoke transportation model and warehousing services to select clients with the pan-India distribution network and automated technology systems. It offers its customers services in three key areas Transportation, Warehousing and Value-added Services. The Company specializes in two of the most important functions of logistics, Transportation and Warehousing, with over 50 fully computerized branches all over India. Some of the renowned brands are its clients, like Nestle, ITC, Mondelez, GSK, Amara Raja, Airtel, MRF, Mother Dairy, UltraTech Cement, Coca Cola, IGNOU, Patanjali, etc.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Salzer Electronics Ltd.</h2>Recent filing: (PROMOTER BUYING) Promoter of <a href="https://www.sovrenn.com/prime/salzer-electronics-limited">Salzer Electronics</a> bought 750 shares at INR 1299/share, aggregating to INR 9.7 L.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 34.6x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)/salzer-electronics-ltd">Excellent Jun-24 results</a> | New product line | <a href="https://www.sovrenn.com/discovery/preferential-issuance/salzer-electronics-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/salzer-electronics-ltd">Capacity expansion</a> | Ace Investor | Aggressive Hiring <a href="https://www.sovrenn.com/discovery/promoter-buying/salzer-electronics-ltd">Promoter buying</a>| &nbsp;| Capital goods (Electrical Equipment) | <a href="https://www.sovrenn.com/discovery/railways/salzer-electronics-ltd">Railways</a><ul><li>MCap of INR 2,333 Crore (share price = INR 1,315 / share) (as on 13th Dec ’24)</li><li>TTM PE 34.6x (as on 13th Dec ’24) Retail float = 36.9% (Sep-24)</li></ul>FOOD FOR THOUGHT:&nbsp; FIIs have reduced stake from 6.1% in Sep-23 to 2.8% in Jun-24.<h3>Question 1: Who are the promoters of Salzer Electronics?</h3>Established in 1985 with German collaboration for Cam operated Rotary switches, Salzer Electronics is the largest Rotary switch manufacturers and suppliers in India having more than 40% market share and serving to all segments in India. The Company has complete range of Cam Operated Rotary switches from 6 Amps to 400 Amps and Rotary switch suppliers to Indian Railways.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery</a>&nbsp;<h2>BLS International Ltd.</h2>Recent filing: (BREAKOUT) BLS International has recently given a 3-month breakout.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 46.1x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/bls-international-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/bls-international-ltd">Partnerships</a> | Promoter Buying | Acquisition | Institutional Entry | Aggressive Hiring | Travel Services<ul><li>MCap of INR 19,242 Crore (share price = INR 468 / share) (as on 13th Dec ‘24)</li><li>TTM PE 46.1x (as on 13th Dec ‘24) Retail float = 10.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: Diwakar Aggarwal (Promoter) has reduced stake from 8.5% in Mar-23 to 5.8% in Jun-24.<h3>Question 1: Who are the promoters of BLS International?</h3>BLS International Limited is a globally trusted and highly esteemed tech-enabled service partner for governments and citizens. &nbsp;The company has established itself as one of the top 2 players in the field of visa, passport, consular, and citizen services. Since its establishment in 2005, BLS International has been setting industry benchmarks and delivering comprehensive solutions in various areas, including e-governance, attestation, biometrics, e-visa, and retail services.Also Read: <a href="https://www.sovrenn.com/knowledge/chemtech-industrial-valves-business-update-shakti-pumps-order-and-atmastco-fund-raise">Chemtech Industrial Valves Business Update, Shakti Pumps Order And Atmastco Fund Raise</a>

Stay updated on key market movements: AVG Logistics secures a new order, Salzer Electronics' promoter increases stake, and BLS International sees a breakout. Explore the latest developments and their potential impact on the industry.

AVG Logistics Order, Salzer Electronics Promoter Buying And BLS International Breakout

<h2>Chemtech Industrial Valves Ltd.</h2>Recent filing: (BUSINESS UPDATE) <a href="https://www.sovrenn.com/discovery/promoter-buying/chemtech-industrial-valves-ltd">Chemtech Industrial</a> has successfully manufactured and supplied a DN 1600 mm Goggle Valve weighing 25 MT to a leading integrated steel plant in India for mixed gas applications. This repeat order highlights CIVL's leadership in providing 100% man-safe isolation solutions. Over the past 7 years, CIVL has established itself as a trusted supplier of Goggle Valves in the steel industry.SUMMARY: 3y Operating Profit uptrend | PE 67.7x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/chemtech-industrial-valves-ltd">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/capital-goods/chemtech-industrial-valves-ltd">Capital Goods – Non electrical equipments</a><ul><li>MCap of INR 405 Crore (share price = INR 239 / share) (as on 12th Dec ‘24)</li><li>TTM PE of 67.7x (as on 12th Dec ‘24) Retail float = 18.8% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Chemtech Industrial ?&nbsp;</h3>Chemtech Industrial Valves, incorporated in 1997, is engaged in the business of manufacturing carbon steel and stainless-steel valves of various types and sizes ranging from 15mm to 4000mm. It has significant customer base in steel industry. It also supplies its products to Oil &amp; Gas Industry, Defense Industry, Nuclear Space, etc.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Shakti Pumps (India) Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/shakti-pumps-(india)-limited">Shakti Pumps</a> has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 25000 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps worth INR 754 Cr for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Scheme, to be executed within 60 days from the issuance of NTP/work order.SUMMARY: 2y Operating Profit uptrend | 4q Operating Profit uptrend | PE 30.9x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/shakti-pumps-(india)-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/shakti-pumps-(india)-ltd">Fund raise</a> | Expanding into EV Mobility through WOS | Promoter Buying | Institutional Entry | <a href="https://www.sovrenn.com/discovery/order-book/shakti-pumps-(india)-ltd">Order Book</a> of INR 1,800 Cr (Sep-24) (0.8x times of TTM Revenue) | Solar Pumps | <a href="https://www.sovrenn.com/discovery/capital-goods/shakti-pumps-(india)-ltd">Capital Goods – Non-Electrical Equipment</a>FUTURE OUTLOOK: As per Q1FY25 Concall, Company expecting revenue growth of around 25% - 30% for next 3 to 4 years | As per Q2FY25 Investor Presentation, Company manufacturing Solar Structures for Solar Panels with capacity of 1,00,000 units per annum, with Capacity Expansion in Progress to Double existing capacities.<ul><li>MCap of INR 10,152 Crore (share price = INR 844 / share) (as on 12th Dec ‘24)</li><li>TTM PE 30.9x (as on 12th Dec ‘24) Retail float = 23.5% (Sep-24)</li></ul>FOOD FOR THOUGHT: Company's revenue heavily relies on government tenders in the solar pumps market, with growth tied to government initiatives.<h3>Question 1: Who are the promoters of Shakti Pumps?&nbsp;</h3>Company is involved in the manufacturing of energy-efficient pumps and motors. Its latest series of new advanced solar energy-operated pumps has emerged as a prestigious brand in domestic and international markets. These pumps are used for a variety of purposes, including cutting and grinding, fire-fighting, managing sewage, and heating and cooling systems.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery</a>&nbsp;<h2>Atmastco Ltd.</h2>Recent filing: (FUND RAISE) Board meeting to be held on 14th Dec 2024 to consider fund raise.SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | PE 26.9x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/atmastco-ltd">Excellent Sep-24 results</a> | Entry into Defence | <a href="https://www.sovrenn.com/discovery/preferential-issuance/atmastco-ltd">Fund raise </a>| EPC<ul><li>MCap of INR 655 Crore (share price = INR 265 / share) (as on 12th Dec ‘24)</li><li>TTM PE 26.9x (as on 12th Dec ‘24) Retail float = 20.2% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly Competitive sector<h3>Question 1: Who are the promoters of Atmastco?&nbsp;</h3>Company initially focused on trading steel products, industrial goods, and related items. Over time, it expanded its operations to include commercial activities in the engineering and erection business, broadening its scope and expertise.Also Read: <a href="https://www.sovrenn.com/knowledge/aurionpro-solutions-and-h-g-infra-engineering-order-tejas-networks-new-contract">Aurionpro Solutions And H. G. Infra Engineering Order, Tejas Networks New Contract</a>&nbsp;

Stay updated on the latest developments in the industrial sector, including Chemtech Industrial Valves' business growth, Shakti Pumps' new order win, and Atmastco's successful fundraise. Get insights into these key industry moves and their potential impact.

Chemtech Industrial Valves Business Update, Shakti Pumps Order And Atmastco Fund Raise 

<h2>Aurionpro Solutions</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/aurionpro-solutions">Aurionpro Solutions</a> has secured a major deal with one of Saudi Arabia's largest banks to implement its iCashpro+ transaction banking platform, enhancing corporate banking operations with AI-driven automation and digital innovation. This marks Aurionpro's second major win in the KSA this year, aligning with Vision 2030 and reinforcing its presence in the Middle East.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 61.3x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/aurionpro-solutions">Excellent Sep-24 results </a>| <a href="https://www.sovrenn.com/discovery/preferential-issuance/aurionpro-solutions">Fund raise</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/aurionpro-solutions">Acquisition </a>| Partnership |<a href="https://www.sovrenn.com/discovery/large-order-receipts/aurionpro-solutions"> Large order</a> | Orderbook of INR 1,150 Cr+ (Sep-24) (1x of TTM revenue) | <a href="https://www.sovrenn.com/discovery/new-age-it/aurionpro-solutions">New-age IT</a>FUTURE OUTLOOK: As per the Q2FY25 Concall, Company is optimistic about achieving its guided growth of over 30%+ for FY25, while ensuring that earnings margins stay within the projected range.<ul><li>MCap of INR 10,083 Crore (share price = INR 1,828 / share) (as on 11th Dec ‘24)</li><li>TTM PE of 61.3x (as on 11th Dec ‘24) Retail float = 8.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range<h3>Question 1: Who are the promoters of Aurionpro Solutions?&nbsp;</h3>Aurionpro is the convergence of advanced technology solutions that help enterprises accelerate Digital Innovation - securely and efficiently. It is 'One Platform', guiding businesses to ADAPT to a new paradigm in Digital Transformation across Banking Transportation, Logistics, and Government sectors.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>H. G. Infra Engineering Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/revenue-guidance/h.-g.-infra-engineering-ltd">H.G. Infra</a> has received a letter of acceptance from MoRTH worth INR 763 Cr project to upgrade NH-227B (84 Kosi Parikrama Marg) in Uttar Pradesh to a two-lane paved shoulder configuration under the Hybrid Annuity Model. The 63.84 km project has a construction period of two years.SUMMARY: 6y Operating Profit uptrend | PE 18.9x (Sector PE range 10-50) | Institutional entry | <a href="https://www.sovrenn.com/discovery/infrastructure/h.-g.-infra-engineering-ltd">Infrastructure</a>FUTURE OUTLOOK: As per Q1FY25 Investor Presentation, Company has a total Order book of INR 15,642 Cr as of June 2024 | As per Q1FY25 Concall, Company committed for an order inflow of INR 11,000 Cr to INR 12,000 Cr in FY25, with a revenue growth of 17% to 18% and a margin of 15% to 16%.<ul><li>MCap of INR 9,905 Crore (share price = INR 1,520 / share) (as on 11th Dec ‘24)</li><li>TTM PE of 18.9x (as on 11th Dec ‘24) Retail float = 10.5%% (Sep-24)</li></ul>FOOD FOR THOUGHT: Client concentration risk: Road projects from NHAI and ARTL contribute to 87% of orderbook as of Dec-23.<h3>Question 1: Who are the promoters of H. G. Infra Engineering?&nbsp;</h3>With a resilient two-decade journey,&nbsp;HGIEL&nbsp;has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery">Sovrenn Discovery</a>&nbsp;<h2>Tejas Networks Ltd</h2>Recent filing: (NEW CONTRACT) <a href="https://www.sovrenn.com/discovery/asset-base-expansion/tejas-networks-ltd">Tejas Networks</a> has entered into a three - year contract with Vodafone Idea Limited to supply its industry-leading TJ1400 and TJ1600 packet and optical transmission products to augment Vodafone Idea’s backhaul capacity and boost network performance across multiple telecom circles in the country.SUMMARY: 3y Operating Profit uptrend | PE 50x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/tejas-networks-ltd">Excellent Sep-24 results</a> <a href="https://www.sovrenn.com/discovery/order-book/tejas-networks-ltd">Orderbook</a> of INR 4,845 Cr (Sep-24) | 5G<ul><li>MCap of INR 22,691 Crore (share price = INR 1,324 / share) (as on 11th Dec ‘24)</li><li>TTM PE 50x (as on 11th Dec ‘24) Retail float = 13.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative operating cashflow for FY24.<h3>Question 1: Who are the promoters of Tejas Networks?</h3>Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.Also Read: <a href="https://www.sovrenn.com/knowledge/datamatics-global-services-acquisition-zaggle-prepaid-ocean-partnership-and-balu-forge-industries-capacity-expansion">Datamatics Global Services Acquisition, Zaggle Prepaid Ocean Partnership And Balu Forge Industries Capacity Expansion</a>

Aurionpro Solutions and H.G. Infra Engineering secure major orders; Tejas Networks lands a new contract, marking significant advancements in technology and infrastructure projects. Explore details now.

Aurionpro Solutions And H. G. Infra Engineering Order, Tejas Networks New Contract

<h2>Datamatics Global Services Ltd.</h2>Recent filing: (ACQUISITION) <a href="https://www.sovrenn.com/prime/datamatics-global-services-limited">Datamatics</a> will acquire 100% stake in TNQ Tech Private Limited, a Chennai-based digital publishing technology and services company with a presence in India, Europe, and North America. TNQ Tech provides prepress publishing, design, software development, and maintenance services to international publishers, with patented products for scientific, technical, and medical content. The acquisition strengthens Datamatics' AI-enabled content technology suite, enhancing its global presence with over 6,500 employees and positioning it as a leader in digital content services. Post-acquisition, TNQ will operate as a step-down subsidiary of Company.**SUMMARY: PE 20.9x (Sector PE range 30-50) | Strategic Partnerships | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/datamatics-global-services-ltd">New Products</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/datamatics-global-services-ltd">Acquisitions </a>| <a href="https://www.sovrenn.com/discovery/new-age-it/datamatics-global-services-ltd">New-Age IT</a>FUTURE OUTLOOK: As per Q4FY24 Concall, Company Forecasting 7% to 8% growth in the next financial year | Anticipating sustained margins around 15.7-16% on EBITDA and 13.5-14% on EBIT.<ul><li>Mcap of INR 3,795 Crore (share price = INR 641 / share) (as on 10th Dec ’24)</li><li>TTM PE 20.9x (as on 10th Dec ’24) Retail float = 13.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Geographical concentration risk (focused in India and West Asia) compared to large IT companies which have a wide presence in the US and European markets<h3>Question 1: Who are the promoters of Datamatics Global Services?&nbsp;</h3>Incorporated in 1987, Datamatics provides solutions for data driven businesses to enhance their productivity and customer experience. Its services can be divided into three segments: digital operations, digital experience and digital technology The Company has also developed products in robotics process automation, advanced analytics business intelligence, and automated fare collection.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Zaggle Prepaid Ocean Services Ltd</h2>Recent filing: (PARTNERSHIP) HDFC Credit cards bundled with<a href="https://www.sovrenn.com/discovery/revenue-guidance/zaggle-prepaid-ocean-services-ltd"> Zaggle</a> Software to be offered to corporate customers across industries.SUMMARY: 2y Operating Profit uptrend | PE 98.1x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/zaggle-prepaid-ocean-services-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/zaggle-prepaid-ocean-services-ltd">Acquisitions</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional entry | ITFUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company is raising its guidance to a 50-55% increase in topline growth for FY25 and is highly confident in doubling FY24 revenues within the next two years | Company has a seasonality where 35% to 40% of business comes in the first 2 quarters and about 60% to 65% comes in H2, which is the Q3 and Q4.<ul><li>MCap of INR 7,002 Crore (share price = INR 570 / share) (as on 10th Dec ‘24)</li><li>TTM PE 98.1x (as on 10th Dec ‘24) Retail float = 20% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Zaggle Prepaid Ocean Services?&nbsp;</h3>Incorporated in 2011, Zaggle is a uniquely positioned player in the FinTech industry, offering a diversified range of products and services. Company’s portfolio includes a variety of SaaS solutions, such as expenses, payments, and rewards management software, which cater to a wide array of touchpoints.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Balu Forge Industries Ltd.</h2>Recent filing: (CAPACITY EXPANSION) <a href="https://www.sovrenn.com/prime/balu-forge-industries">Balu Forge Industries</a> with a current machining capacity of 32,000 tons (70% utilized), is introducing high-precision machining technology to expand its portfolio into aerospace, defense, railways, and oil &amp; gas sectors. The first machine, costing INR 21.0 lakhs, was funded through internal accruals, with further investment and capacity details pending. The expansion, targeted for completion by FY26, will enhance precision, flexibility, material utilization, and the ability to machine complex products in a single setup.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 67.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/balu-forge-industries-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/balu-forge-industries-ltd">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/balu-forge-industries-ltd">Fund raise</a> | Promoter Buying | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional Entry | <a href="https://www.sovrenn.com/discovery/capital-goods/balu-forge-industries-ltd">Capital goods – Non Electrical Equipment</a>FUTURE OUTLOOK: As per FY24 Concall and reiterated in 1QFY25 business update, Company expecting Revenue to conservatively grow in the range of 40%-45% in FY25 over FY24 and EBITDA margins are expected to be in the corridor of 23%-24% in the upcoming quarter.<ul><li>MCap of INR 9,151 Crore (share price = INR 836 / share) (as on 10th Dec ‘24)</li><li>TTM PE 67.3x (as on 10th Dec ‘24) Retail float = 10.3% (Sep-24)</li></ul>FOOD FOR THOUGHT: Large working capital cycle | PE above sector range<h3>Question 1: Who are the promoters of Balu Forge Industries ?&nbsp;</h3>Company is engaged in the manufacturing of fully finished and semi-finished crankshafts and forged components. It has the capability to manufacture components conforming to both New Emission Regulations &amp; the New Energy Vehicles.Also Read: <a href="https://www.sovrenn.com/knowledge/josts-engineering-excellent-results-roto-pumps-and-teerth-gopicon-order">Josts Engineering Excellent Results, Roto Pumps And Teerth Gopicon Order</a>

Datamatics Global Services announces a strategic acquisition, Zaggle Prepaid Ocean forms a key partnership, and Balu Forge Industries advances with capacity expansion. Discover their latest developments.

Datamatics Global Services Acquisition, Zaggle Prepaid Ocean Partnership And Balu Forge Industries Capacity Expansion

<h2>Josts Engineering Company Ltd</h2>Recent filing: (EXCELLENT RESULTS) For the quarter ending Sep-24 for Josts Engineering, Sales up 53% YoY from INR 41.01 Cr in Sep-23 to INR 62.58 Cr in Sep-24. Similarly, Net Profit up 2.3x from INR 2.2 Cr to INR 5 13 Cr. On a QoQ basis, Sales up 11% and Net Profit up 41%.SUMMARY: 4y operating profit uptrend | 2q operating profit uptrend | PE 33.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/josts-engineering-company-ltd">Excellent Sep-24 results</a> | Fund raise | Capital Goods – Non-Electrical Equipment<ul><li>MCap of INR 509 Crore (share price = INR 520 / share) (as on 9th Dec ‘24)</li><li>TTM PE 33.3x (as on 9th Dec ‘24) Retail float = 20.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Josts Engineering?&nbsp;</h3>Established in 1907, having headquarter in Mumbai, Jost's Engineering Company Limited is a material handling equipment (MHD) manufacturer and supplier of a broad range of engineering product (EPD) solutions with applications in many different industries.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Roto Pumps Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/large-order-receipts/roto-pumps-ltd">Roto Energy Systems</a> Ltd., a subsidiary of Roto Pumps Ltd., secured over 400 orders for its Roto Rudra Solar Submersible Pumping Systems, supporting agriculture and renewable energy initiatives in Australia, South Africa, Chhattisgarh, and Maharashtra. Orders include 100 units each for South Africa and Australia, featuring advanced Helical Rotor and Centrifugal Pumps with remote monitoring, capable of pumping from 200-meter depths using minimal solar power.SUMMARY: 5y Operating Profit uptrend | PE 53.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/capital-goods/roto-pumps-ltd">Capital Goods – Non-Electrical equipment</a><ul><li>MCap of INR 1,910 Crore (share price = INR 304 / share) (as on 9th Dec ‘24)</li><li>TTM PE 53.3x (as on 9th Dec ‘24) Retail float = 26.5% (Sep-24)</li></ul>FOOD FOR THOUGHT: Aegis Investment Fund reduced its stake from 1.2% in Dec ’23 to close to 0% in Mar ’24<h3>Question 1: Who are the promoters of Roto Pumps?&nbsp;</h3>Roto Pumps Limited is a pioneer in manufacturing Positive Displacement Pumps. The company continuously endeavors to increase the product portfolio catering to a wider spectrum of industrial pumps for the industries and cover as many applications as much as possible.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Teerth Gopicon Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/ipo-zone/teerth-gopicon-ltd.-ipo">Teerth Gopicon</a> has secured an INR 237 Cr order from Rajasthan Renewable Energy Corporation under Hybrid Annuity Mode (HAM) for designing, supplying, erecting, testing, commissioning, and 25 years of comprehensive O&amp;M of rooftop solar projects in Rajasthan, to be executed within 12 months. The project includes 11 MW in Baran (INR 48 Cr for setup) and 26 MW in Pali (INR 121 Cr for setup), with a total O&amp;M cost of INR 67 Cr for both projects over 25 years. O&amp;M includes INR 5 Lac/MW for the first year, with a 3% annual escalation post-COD.SUMMARY: 4y Operating Profit uptrend | 3h Operating Profit uptrend | PE 38.2x (Sector PE range 10-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/teerth-gopicon-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/teerth-gopicon-ltd">Promoter Buying</a> | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | Orderbook of INR 1,081 Cr (8th Nov-24) (7.9x of TTM revenue) | <a href="https://www.sovrenn.com/discovery/gas-and-water-infra/teerth-gopicon-ltd">Water Infra</a>FUTURE OUTLOOK: As per Sep-24 Analyst Meet Company has given a Revenue guidance for FY25 of INR 250-300 Cr (a 2.6x growth) with 13-13.5% PAT margin and a Revenue guidance for FY26 of INR 750-900 Cr with 13.5-14% PAT margin.<ul><li>MCap of INR 675 Crore (share price = INR 563 / share) (as on 9th Dec ‘24)</li><li>TTM PE 38.2x (as on 9th Dec ‘24) Retail float = 22.1% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector<h3>Question 1: Who are the promoters of Teerth Gopicon?&nbsp;</h3>The Company specializes in road construction, sewerage work, and water distribution projects in Madhya Pradesh, and has also subcontracted residential tower construction in Indore. As an EPC contractor, it provides detailed project engineering, procurement of materials and machinery, project execution, and operation and maintenance services.Also Read: <a href="https://www.sovrenn.com/knowledge/tembo-global-industries-advait-infratech-and-kernex-microsystems-order">Tembo Global Industries, Advait Infratech And Kernex Microsystems Order</a>

Josts Engineering reports excellent results, while Roto Pumps and Teerth Gopicon secure notable orders, showcasing growth and success across industries. Explore their latest milestones.

Josts Engineering Excellent Results, Roto Pumps And Teerth Gopicon Order

<h2>Tembo Global Industries Ltd</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/tembo-global-industries-limited">Tembo Global</a> has secured a significant INR 52.9 Cr domestic order for a water irrigation project, marking its second major order in a short period. The project involves the supply of Ductile Iron (DI) pipes, scheduled for completion within 12 months.SUMMARY: 5y Operating Profit uptrend | PE 31.1x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/tembo-global-industries-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/tembo-global-industries-ltd">Large Order</a> | Fund raise | Institutional Entry | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter Buying</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity Expansion</a> | <a href="https://www.sovrenn.com/discovery/order-book/tembo-global-industries-ltd">Order Book</a> of INR 1,200+ Cr and Order book of Textile is INR 180 Cr (Sep-24) (3x times of FY24 Revenue) | Capital Goods – Non Electrical equipment.FUTURE OUTLOOK: As per Q1FY25 Investor Presentation, Company current capacity is pegged at 15,000 tons per annum. The ongoing green field expansion at Vasai will bolster company overall capacity by 6x times, reaching 105,000 MTPA by FY25.<ul><li>MCap of INR 836 Crore (share price = INR 753 / share) (as on 6th Dec ‘24)</li><li>TTM PE 31.1x (as on 6th Dec ‘24) Retail float = 23.4% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative Cash flow from operations for FY24<h3>Question 1: Who are the promoters of Tembo Global Industries ?</h3>Tembo is a prominent engineering company, manufacturing high-quality specialised metal products for a wide array of applications, including Pipe Support Systems, Fasteners, Anchors, and HVAC, catering to industries like Automotive, Real Estate, Infrastructure and Oil &amp; Gas. Additionally, the Company process and supplies fibres and yarn (Textiles Division) and is poised to enter the Defence sector by FY26.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Advait Infratech Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/advait-infratech-limited">Advait Energy</a> has received an order for Supply and Installation of 24 F OPGW on Turkey Basis for 400 KV Transmission Line Kurukshetra- Malerkotla in 7 months.SUMMARY: 6y Operating Profit uptrend | PE 76.1x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/advait-infratech-ltd">Fund raise </a>| <a href="https://www.sovrenn.com/discovery/large-order-receipts/advait-infratech-ltd">Large Order</a> | MoUs | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/advait-infratech-ltd">Promoter Buying</a> | Institutional Entry | <a href="https://www.sovrenn.com/discovery/green-energy/advait-infratech-ltd">Green Energy</a> | Power and Telecom InfraFUTURE OUTLOOK: As per Dec FY25 Investor presentation, By 2027, Company plans to establish a 300 MW electrolyser manufacturing facility (Current capacity 50 MW/year) and expand to 1 GW by 2030. It also plans to start fuel cell assembly and manufacturing operations by 2028.| Company is targeting 1 GW of BESS Projects over the period of next 5 years.<ul><li>MCap of INR 1,851 Crore (share price = INR 1,713/share) (as on 6th Dec ‘24)</li><li>TTM PE 76.1x (as on 6th Dec ‘24) Retail float = 16.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government<h3>Question 1: Who are the promoters of Advait Infratech?</h3>Since its establishment in 2009, the Company has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure. In 2023, it has diversified into green energy, through its entrance into the supply of electrolysers and fuel cells. The Company has also extended its impact into climate services, focusing on sustainability consultancy, decarbonization consultancy, and comprehensive carbon consultancy services.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Kernex Microsystems (India) Ltd</h2>Recent filing: (ORDER) Company has been awarded an order worth INR 2,041 Cr from Chittaranjan Locomotive Works, Chittaranjan for Supply, installation, testing and commissioning of On-board KAVACH equipment, to be delivered by Dec'25.SUMMARY: PE NA (Sector PE range 50-100) | Fund raise | <a href="https://www.sovrenn.com/discovery/large-order-receipts/kernex-microsystems-(india)-ltd">Large Order</a> | JV | EMS<ul><li>MCap of INR 1,911 Crore (share price = INR 1,140 / share) (as on 6th Dec ‘24)</li><li>TTM PE NA (as on 6th Dec ‘24) Retail float = 27.6% (Sep-24)FOOD FOR THOUGHT: Company is loss making.</li></ul><h3>Question 1: Who are the promoters of Kernex Microsystems (India)?</h3>Company is a technology driven company focusing mainly on the Railway Safety Systems Design, Development and Turnkey Project Execution, Software Design Solutions, Embedded Design Services including Networking.Also Read:<a href="https://www.sovrenn.com/knowledge/bondada-engineering-fund-raise-and-order-transformers-and-rectifiers-acquisition-and-tejas-networks-new-project"> Bondada Engineering Fund Raise &amp; Order, Transformers &amp; Rectifiers Acquisition And Tejas Networks New Project</a>

"Tembo Global Industries, Advait Infratech, and Kernex Microsystems secure significant orders, driving innovation in their respective sectors. Stay updated on their latest achievements and market impact.

Tembo Global Industries, Advait Infratech And Kernex Microsystems Order

<h2>Bondada Engineering Ltd.</h2>Recent filing: (FUND RAISE &amp; ORDER) Board meeting is scheduled to be held on 7th December, 2024 to consider fund raise.<a href="https://www.sovrenn.com/prime/bondada-engineering">Bondada Engineering</a> has received a work order worth INR 109 Cr from Bihar Renewable Energy Development Agency for design, supply, installation, testing, commissioning with comprehensive maintenance contract for 5 years including remote monitoring systems of smart solar street light system on the identified existing electric pole under Mukhyamantri Gramin Solar Street Light Yojana in Bihar State on EPC basis in 18 months.SUMMARY: 4y Operating Profit uptrend | 4h Operating Profit uptrend | PE 98.1x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/bondada-engineering-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/bondada-engineering-ltd">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/bondada-engineering-ltd">Large Order</a> | Orderbook of INR 5,342 Cr (as of 30 Sep 2024) (5.4x of TTM revenue) | 5G+Solar <a href="https://www.sovrenn.com/discovery/infrastructure/bondada-engineering-ltd">Infrastructure</a>FUTURE OUTLOOK: As per the Zee Business Interview, Management expects to double its revenue and net profit in FY25. It has also given the guidance of INR 4,000 Cr of revenue by FY27, which is a 5x growth over 3 years and expects a PAT of INR 300-340 Cr | As per H1FY24 Investor Presentation, Company has 2 GW projects in hand, Ambitious target of 10+ GW by 2030 and 600+MW commissioned till date and aims to become one of the “Top Five EPC Companies in India” by 2030 | Apart from telecom and renewable energy, the company is planning to enter Railway.<ul><li>MCap of INR 6,421 Crore (share price = INR 594 / share) (as on 5th Dec ‘24)</li><li>TTM PE of 98.1x (as on 5th Dec ‘24) Retail float = 15.4% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Bondada Engineering?</h3>Bondada is an infrastructure company that specializes in offering engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&amp;M) services to clients in the telecom and solar energy sectors across India. Its expertise encompasses core design and engineering, with a focus on passive telecom infrastructure services such as construction, operation and maintenance of telecom towers, optical fiber cables and related infrastructure.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Transformers &amp; Rectifiers (India) Ltd.</h2>Recent filing: (ACQUISITION) <a href="https://www.sovrenn.com/discovery/revenue-guidance/transformers-&amp;-rectifiers-(india)-ltd">Transformers &amp; Rectifiers</a> signed a Share Purchase and Shareholders' Agreement to acquire a controlling stake in Posco Poggenamp Electrical Steel Pvt. Ltd., a leading CRGO lamination manufacturer with a capacity of 24,000 MT per annum. This strategic move integrates CRGO processing into Company's operations, enhancing EBITDA margins by 100-150 bps while generating additional revenue by serving external customers.SUMMARY: 5y Operating Profit uptrend | 1q Operating Profit uptrend | PE 128x (Sector PE range 30-70) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/transformers-&amp;-rectifiers-(india)-ltd">Excellent Sep-24 results </a>| Fund raise | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/transformers-&amp;-rectifiers-(india)-ltd">Acquisition </a>| Institutional Entry | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Orderbook of INR 3,500 Cr (Sep-24) (2x of TTM revenue) | Capital Goods - Electrical EquipmentFUTURE OUTLOOK: As per Q2FY25 Concall, Company Chairman anticipated journey towards US\$ 1 Billion (INR 8397 Cr) Revenue in next 3 Financial Years has started. (71% CAGR).<ul><li>MCap of INR 15,457 Crore (share price = INR 1,030 / share) (as on 5th Dec 2024)</li><li>TTM PE 128x (as on 5th Dec 2024) Retail float = 14.3% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Transformers &amp; Rectifiers?</h3>Transformers &amp; Rectifiers (India) Ltd. is a leading manufacturer of transformers up to 1,200 kV class. It manufactures a wide range of transformers like power and distribution transformers, furnace transformers, rectifier transformers and special transformers. It has a technical collaboration with Fuji, Japan for 400/765 kV reactors and 400 kV generator transformer. It has a diversified customer base in India with international presence in over 25 countries.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Tejas Networks Ltd</h2>Recent filing: (NEW PROJECT) Tejas Networks has been chosen as the primary broadband equipment supplier for Tamil Nadu's BharatNet Last Mile Connectivity project, implemented by TANFINET with Polycab India as the Master System Integrator. The project aims to provide high-speed connectivity to 50,000 government institutions and enable FTTH services for rural households.SUMMARY: 3y Operating Profit uptrend | PE 50.6x (Sector PE range 30-60) | Excellent Sep-24 results Orderbook of INR 4,845 Cr (Sep-24) | 5G<ul><li>MCap of INR 22,981 Crore (share price = INR 1,342 / share) (as on 5th Dec ‘24)</li><li>TTM PE 50.6x (as on 5th Dec ‘24) Retail float = 13.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative operating cashflow for FY24.<h3>Question 1: Who are the promoters of Tejas Networks?</h3>Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.Also Read: <a href="https://www.sovrenn.com/knowledge/izmo-subsidiary-incorporation-for-semiconductor-business-epack-durable-guidance-and-forcas-studio-business-update">Izmo Subsidiary Incorporation For Semiconductor Business, Epack Durable Guidance And Forcas Studio Business Update</a>

Stay updated on Bondada Engineering's latest fundraise and order win, Transformers & Rectifiers' strategic acquisition, and Tejas Networks' exciting new project developments.

Bondada Engineering Fund Raise & Order, Transformers & Rectifiers Acquisition And Tejas Networks New Project

<h2>Home First Finance Ltd.</h2>Recent filing: (BULK DEAL) Orange Clove Investments, True North Fund V, Aether Mauritius sold 1.7 Cr shares of <a href="https://www.sovrenn.com/discovery/revenue-guidance/home-first-finance-ltd">Home First Finance</a> at INR 990/share, aggregating to INR 1,728 Cr. HDFC Mutual Fund, American Funds Insurance Series Capital Income Builder, Norges Bank, Global Citigroup Global Markets Mauritius, Goldman Sachs Fund, Prudential Hong Kong &amp; Bofa Securities Europe bought 1.1 Cr shares at INR 990/share, aggregating to INR 1,110 Cr.SUMMARY: 7y Operating Profit uptrend | 7q Operating Profit uptrend | PE 27.4x (Sector PE range: 20-40) | Institutional Entry | <a href="https://www.sovrenn.com/discovery/nbfc/home-first-finance-ltd">NBFC</a> | Housing Finance<ul><li>MCap of INR 9,377 Crore (share price = INR 1,049/ share) (as on 4th Dec ‘24)</li><li>TTM PE of 27.4x (as on 4th Dec ‘24) Retail float = 9.1% (Sep-24)</li></ul><h3>Question 1: Who are the promoters of Home First Finance?</h3>Home First Finance Limited is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups. It e primarily offer customers housing loans for the purchase or construction of homes. It offers mobility solutions through dedicated mobile applications for our customers to enable quick and transparent loan related transactions. We have an integrated customer relationship management and loan management system set up on a leading cloud based customer relationship platform providing us with a holistic view of all our customers.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Zen Technologies Ltd.</h2>Recent filing: (BULK DEAL) Promoter sold 20L shares of <a href="https://www.sovrenn.com/prime/zen-technologies-limited">Zen technologies </a>at INR 1801/share, aggregating to INR 360 Cr. Motilal Oswal Mutual Fund bought 11.1 L shares at INR 1800/share, aggregating to INR 200 Cr.SUMMARY: 3y Operating Profit uptrend | PE 81.7x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/zen-technologies-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches/zen-technologies-ltd">Capacity expansion</a> | Patent | New Products | Institutional entry | <a href="https://www.sovrenn.com/discovery/preferential-issuance/zen-technologies-ltd">Fund raise</a> | Orderbook INR 957 Cr as of (Sep-24) (1.2x of TTM Revenue) | <a href="https://www.sovrenn.com/discovery/defence/zen-technologies-ltd">Defence</a>FUTURE OUTLOOK: As per Q1FY25 Management guidance, Company targeting to exceed turnover of INR 900 Cr in FY25, 100% increase from FY24 | As per Q1FY25 Concall, Management assured that 35% EBITDA and 25% PAT to achieve in FY25.<ul><li>MCap of INR 16,546 Crore (share price = INR 1,833 / share) (as on 4th Dec ‘24)</li><li>TTM PE 81.7x (as on 4th Dec ‘24) Retail float = 28% (Sep-24)</li></ul>FOOD FOR THOUGHT: Company is exposed to risks in tender-based operations.<h3>Question 1: Who are the promoters of Zen Technologies?</h3>Incorporated in 1996, Zen Technologies designs, develops and manufactures combat training solutions for the training of defense and security forces. It is actively involved in the indigenization of technologies, which are beneficial to Indian armed forces, state police forces, and paramilitary forces.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>TBO Tek Ltd.</h2>Recent filing: (BULK DEAL) FIIs (Augusta TBO Singapore, <a href="https://www.sovrenn.com/prime/tbo-tek-limited">TBO Tek</a> Korea Holdings) sold 63.8L shares of TBO TEK at INR 1,465/share, aggregating to INR 935 Cr. Mutual Funds (SBI, Axis, ICICI) bought 27.9L shares at INR 1,465/share, aggregating to INR 409 Cr.SUMMARY: 4y Operating Profit uptrend | 3q Operating Profit uptrend | PE 76.2x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | Institutional Entry | <a href="https://www.sovrenn.com/discovery/tech-platform/tbo-tek-ltd">Tech Platform</a><ul><li>MCap of INR 16,624 Crore (share price = INR 1,531 / share) (as on 4th Dec 2024)</li><li>TTM PE 76.2x (as on 4th Dec 2024) Retail float = 2.5% (Sep-24)</li></ul>FOOD FOR THOUGHT: Debtor days is very high at 867 days.<h3>Question 1: Who are the promoters of TBO Tek?</h3>Company is one of the leading global travel distribution platforms, simplifying the travel business for both suppliers and buyers. Company suppliers include hotels, airlines, cruises, car rentals, transfers, and rail services. Company buyers consist of retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps.Also Read: <a href="https://www.sovrenn.com/knowledge/advait-infratech-order-ceinsys-tech-large-order-and-datamatics-global-services-certifications">Advait Infratech Order, Ceinsys Tech Large Order And Datamatics Global Services Certifications</a>

Get the latest updates on bulk deals involving Home First Finance, Zen Technologies, and TBO Tek, including key transaction details and market insights.

Home First Finance, Zen Technologies And TBO Tek  Bulk Deal

<h2>Advait Infratech Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/advait-infratech-limited">Advait Infratech</a> Energy has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd for 50 MW/500MW out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support, project needs to be completed within 18 months.SUMMARY: 6y Operating Profit uptrend | PE 65.2x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/advait-infratech-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/advait-infratech-ltd">Large Order</a> | MoUs | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying/advait-infratech-ltd">Promoter Buying </a>| Institutional Entry | <a href="https://www.sovrenn.com/discovery/green-energy/advait-infratech-ltd">Green Energy</a> | Power and Telecom InfraFUTURE OUTLOOK: As per Q2FY25 Investor presentation, Company manufacturing plant, located in Kadi, Gujarat, boasts a current capacity of 300 MW/year, with plans to expand to 1000 MW/year by 2030.<ul><li>MCap of INR 1,577 Crore (share price = INR 1,460/share) (as on 3rd Dec ‘24)</li><li>TTM PE 65.2x (as on 3rd Dec ‘24) Retail float = 16.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government<h3>Question 1: Who are the promoters of Advait Infratech?</h3>Since its establishment in 2009, the Company has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure. In 2023, it has diversified into green energy, through its entrance into the supply of electrolysers and fuel cells. The Company has also extended its impact into climate services, focusing on sustainability consultancy, decarbonization consultancy, and comprehensive carbon consultancy services.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Ceinsys Tech Ltd.</h2>Recent filing: (LARGE ORDER) <a href="https://www.sovrenn.com/prime/ceinsys-tech-limited">Ceinsys Tech</a> announced that as per its earlier communication dated Oct 9, 2024, regarding Letter of Award worth INR 331.6 Cr, it has now received a work order worth 330 Cr from the State Water and Sanitation Mission (SWSM) under the Water Supply and Sanitation Department (WSSD), Government of Maharashtra. This work order is for the implementation of the project in the Nashik, Amravati, and Chhatrapati Sambhaji Nagar regions of Maharashtra, covering 18 districts.SUMMARY: 4y Operating Profit uptrend | 4q Operating Profit uptrend | PE 65.7x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/ceinsys-tech-ltd">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/ceinsys-tech-ltd">Large Order</a> | Orderbook of INR 1,210 Cr (Sep-24) (4x of TTM revenue) | <a href="https://www.sovrenn.com/discovery/new-age-it/ceinsys-tech-ltd">New-Age IT</a>FUTURE OUTLOOK: As per Q2FY25 Concall, Company has given revenue guidance of INR 1,000 Cr (73% CAGR) in the next 2-3 years on the basis of the current order book of INR 1,210 Cr.<ul><li>MCap of INR 2,987 Crore (share price = INR 1,712 / share) (as on 3rd Dec ‘24)</li><li>TTM PE of 65.7x (as on 3rd Dec ‘24) Retail float = 23.2% (Sep-24)</li></ul>FOOD FOR THOUGHT: Risk of timing of receivables from Govt. bodies.<h3>Question 1: Who are the promoters of Ceinsys Tech ?</h3>Established in 1998, Ceinsys Tech Limited is leveraging smart technology and analytics to deliver new age solutions in the geospatial and engineering domains. The service offerings of the company include Geospatial Services, Risk Analytics, Engineering Support, Digital Enterprise, Consulting Service and Software Solutions to various industries like Water, Oil &amp; Gas, Energy, Telecom, Transport etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Datamatics Global Services Ltd.</h2>Recent filing: (CERTIFICATIONS) <a href="https://www.sovrenn.com/prime/datamatics-global-services-limited">Datamatics Global</a> has acquired Cyber Essentials and Cyber Essentials Plus certifications. These industry-leading certifications, backed by the UK Government's National Cyber Security Centre (NCSC), validate Datamatics' commitment to cybersecurity and further enhance the company's ability to deliver secure, reliable services to its customers globally. The Cyber Essentials and Cyber Essentials Plus certification schemes are UK Government-backed programs designed to help Enterprises safeguard against the most common cyber threats.SUMMARY: PE 19.5x (Sector PE range 30-50) | Strategic Partnerships | New Products | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/datamatics-global-services-ltd">Acquisitions </a>| <a href="https://www.sovrenn.com/discovery/new-age-it/datamatics-global-services-ltd">New-Age IT</a>FUTURE OUTLOOK: As per Q4FY24 Concall, Company Forecasting 7% to 8% growth in the next financial year | Anticipating sustained margins around 15.7-16% on EBITDA and 13.5-14% on EBIT.<ul><li>Mcap of INR 3,534 Crore (share price = INR 597 / share) (as on 3rd Dec ’24)</li><li>TTM PE 19.5x (as on 3rd Dec ’24) Retail float = 13.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Geographical concentration risk (focused in India and West Asia) compared to large IT companies which have a wide presence in the US and European markets<h3>Question 1: Who are the promoters of Datamatics Global Services?</h3>Incorporated in 1987, Datamatics provides solutions for data driven businesses to enhance their productivity and customer experience. Its services can be divided into three segments: digital operations, digital experience and digital technology The Company has also developed products in robotics process automation, advanced analytics business intelligence, and automated fare collection.Also Read: <a href="https://www.sovrenn.com/knowledge/tembo-global-industries-h-g-infra-engineering-and-kpi-green-energy-order">Tembo Global Industries, H. G. Infra Engineering And KPI Green Energy Order</a>

Advait Infratech secures a new order, Ceinsys Tech lands a large order, and Datamatics Global Services achieves key certifications. Read about the latest milestones for these industry players.

Advait Infratech Order, Ceinsys Tech Large Order And Datamatics Global Services Certifications 

<h2>Tembo Global Industries Ltd</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/tembo-global-industries-limited">Tembo Global</a> has bagged an order worth INR 43.9 Cr from Domestic Organisation, for Water Irrigation, needs to be executed within 12 months.SUMMARY: 5y Operating Profit uptrend | PE 28.5x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/tembo-global-industries-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/tembo-global-industries-ltd">Large Order </a>| Fund raise | Institutional Entry | Promoter Buying | Capacity Expansion | <a href="https://www.sovrenn.com/discovery/order-book/tembo-global-industries-ltd">Order Book</a> of INR 1,200+ Cr and Order book of Textile is INR 180 Cr (Sep-24) (3x times of FY24 Revenue) | Capital Goods – Non Electrical equipment.FUTURE OUTLOOK: As per Q1FY25 Investor Presentation, Company current capacity is pegged at 15,000 tons per annum. The ongoing green field expansion at Vasai will bolster company overall capacity by 6x times, reaching 105,000 MTPA by FY25.<ul><li>MCap of INR 772 Crore (share price = INR 695 / share) (as on 2nd Dec ‘24)</li><li>TTM PE 28.5x (as on 2nd Dec ‘24) Retail float = 23.4% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative Cash flow from operations for FY24<h3 style="margin-left:0px;">Question 1: Who are the promoters of Tembo Global Industries?</h3>Tembo is a prominent engineering company, manufacturing high-quality specialised metal products for a wide array of applications, including Pipe Support Systems, Fasteners, Anchors, and HVAC, catering to industries like Automotive, Real Estate, Infrastructure and Oil &amp; Gas. Additionally, the Company process and supplies fibres and yarn (Textiles Division) and is poised to enter the Defence sector by FY26.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>H. G. Infra Engineering Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/revenue-guidance/h.-g.-infra-engineering-ltd">H.G. Infra</a> has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd for 250 MW/500 MWH out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support, needs to be executed within 18 months.SUMMARY: 6y Operating Profit uptrend | PE 17.5x (Sector PE range 10-50) | Institutional entry | <a href="https://www.sovrenn.com/discovery/infrastructure/h.-g.-infra-engineering-ltd">Infrastructure</a>FUTURE OUTLOOK: As per Q1FY25 Investor Presentation, Company has a total Order book of INR 15,642 Cr as of June 2024 | As per Q1FY25 Concall, Company committed for an order inflow of INR 11,000 Cr to INR 12,000 Cr in FY25, with a revenue growth of 17% to 18% and a margin of 15% to 16%.<ul><li>MCap of INR 9,147 Crore (share price = INR 1,404 / share) (as on 2nd Dec ‘24)</li><li>TTM PE of 17.5x (as on 2nd Dec ‘24) Retail float = 10.5%% (Sep-24)</li></ul>FOOD FOR THOUGHT: Client concentration risk: Road projects from NHAI and ARTL contribute to 87% of orderbook as of Dec-23.<h3>Question 1: Who are the promoters of H. G. Infra Engineering?</h3>With a resilient two-decade journey,&nbsp;HGIEL&nbsp;has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>KPI Green Energy Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/kpi-green-energy">KPI Green Energy</a> has received a Letter of Award (LOA) worth INR 1300.1 Cr from Coal India Limited (CIL) for the development of a 300 MWAC grid-connected ground-mounted solar PV plant at GIPCL’s Solar Park in Khavda, Gujarat. The project also includes operation and maintenance (O&amp;M) services for a period of 5 years. This order marks a significant milestone for the company, being the first major order from a central government entity. It aligns closely with the company’s strategic vision and ambitious goal of achieving 10 GW of capacity by 2030.SUMMARY: 6y Operating Profit uptrend | 2q Operating Profit uptrend | PE 44.2x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/kpi-green-energy">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance/kpi-green-energy">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts/kpi-green-energy">Large Order</a> | Geographical Expansion | Institutional entry | <a href="https://www.sovrenn.com/discovery/promoter-buying/kpi-green-energy">Promoter buying</a> | Solar | <a href="https://www.sovrenn.com/knowledge/find-the-best-clean-energy-stocks-to-invest">Clean Energy</a>FUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company has 2.41+ GW of Orders in hand as on Sep 30, 2024 and 1.1+ GW of hybrid Orders in hand as on Sep 30, 2024, also a Zero Net-Debt IPP Company | KP Group has an Ambitious target of 10+ GW by 2030.<ul><li>MCap of INR 10,230 Crore (share price = INR 779 / share) (as on 2nd Dec ‘24)</li><li>TTM PE 44.2x (as on 2nd Dec ‘24) Retail float = 22.6% (Sep-24)</li></ul>FOOF FOR THOUGHT: Negative operating cash flow for FY24.<h3>Question 1: Who are the promoters of KPI Green Energy?</h3>Incorporated in 2002, KPI Green develops, builds, owns, operates, and maintains solar power plants through Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of 'Solarism'.Also Read: <a href="https://www.sovrenn.com/knowledge/advait-infratech-order-ceinsys-tech-large-order-and-datamatics-global-services-certifications">Advait Infratech Order, Ceinsys Tech Large Order And Datamatics Global Services Certifications</a>

Tembo Global Industries, H.G. Infra Engineering, and KPI Green Energy secure major orders, signaling strong business growth. Stay updated on the latest developments from these leading companies.

Tembo Global Industries, H. G. Infra Engineering And KPI Green Energy Order

<h2>Sigachi Industries Ltd.</h2>Recent filing: (FILING) <a href="https://www.sovrenn.com/discovery/revenue-guidance/sigachi-industries-ltd">Sigachi Industries</a> announced that Trimax Biosciences Pvt Ltd, part of the Sigachi Group, has received communication from the EDQM on its CEP filing for Propafenone Hydrochloride. This certification will enable exports to Europe and other CEP-accepting regions. Propafenone Hydrochloride, used to treat cardiac arrhythmias, has a global market size of \$1.2 billion, projected to grow to \$2.1 billion by 2032 at a CAGR of 7%, driven by rising cardiovascular cases and increased adoption of generics. The company emphasizes high-quality standards and compliance for regulated markets.SUMMARY: 4y Operating Profit uptrend | PE 28.3x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/sigachi-industries-ltd">Excellent Sep-24 results</a> | Specialty ChemicalsFUTURE OUTLOOK: As per Q4FY24 Concall, Company aspiring to reach INR 600 Cr in revenue by FY25 | Company aim is to maintain a growth rate higher than 33% CAGR, focusing on expansion and market share | Company expecting gradual rise in utilization of the new capacity, aiming for 50% by Q4 of FY25 and 80% by FY26.<ul><li>MCap of INR 1,837 Crore (share price = INR 55.1 / share) (as on 29th Nov ‘24)</li><li>TTM PE 28.3x (as on 29th Nov ‘24) Retail float = 28.0% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Sigachi Industries?</h3>Incorporated in 1989, Sigachi Industries is into manufacturing of microcrystalline cellulose (MCC). MCC is produced from refined wood pulp which is imported by the company. It is widely used in pharmaceutical, food, beverage, cosmetic and paint industry. Also, its most common uses are in vitamin supplements and tablets. It also acts as a bulking agent in food production.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Bikaji Foods International Ltd</h2>Recent filing: (GOOD RESULTS) For the quarter ending Sep-24 for Bikaji Foods International, Sales up 18% YoY from INR 609 Cr in Sep-23 to INR 721 Cr in Sep-24. Similarly, Net Profit up 15% from INR 60 Cr to INR 69 Cr. On a QoQ basis, Sales up 26% and Net Profit up 19%.SUMMARY: 5y Operating Profit uptrend | PE 67.1x (Sector PE range 30-70) | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/bikaji-foods-international-ltd">Acquisitions</a> | <a href="https://www.sovrenn.com/discovery/consumption">Consumption</a>FUTURE OUTLOOK: Company is focusing on expanding its distribution network, aiming to increase its direct reach from 278,000 outlets to 350,000 outlets by the end of FY26.<ul><li>MCap of INR 19,977 Crore (share price = INR 798 / share) (as on 29th Nov ‘24)</li><li>TTM PE 67.1x (as on 29th Nov ‘24) Retail float = 3.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Bikaji Foods International?</h3>Bikaji Foods International Limited, one of India's leading FMCG brands, offers a diverse product range across six categories: bhujia, namkeen, sweets, papad, western snacks, and other items like gift packs, frozen food, mathri, and cookies.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Computer Age Management Services Ltd</h2>Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Sep-24 for Computer Age Management Services, Sales up 33% YoY from INR 275 Cr in Sep-23 to INR 365 Cr in Sep-24. Similarly, Net Profit up 44% from INR 84 Cr to INR 121 Cr. On a QoQ basis, Sales up 10% and Net&nbsp;Profit&nbsp;up&nbsp;13%.SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/computer-age-management-services-ltd">Excellent Sep-24 results</a> | PE 60.8x (Sector PE range 20-50) | Institutional Entry | Financial Services<ul><li>MCap of INR 24,267 Crore (share price = INR 4,924 / share) (as on 29th Nov ‘24)</li><li>TTM PE 60.8x (as on 29th Nov ‘24) Retail float = 17.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Computer Age Management Services?</h3>Company is a technology-driven provider of financial infrastructure and services to mutual funds (MFs) and other financial institutions. It is India's largest registrar and transfer agent (RTA) for MFs, holding a market share of approximately 68%. Company serves 10 of the 15 largest MFs, with over 21 years of average relationship with its top clients. Its services include dividend processing, transaction origination, payment execution, intermediary empanelment, report generation, investor interface, settlement, compliance, and brokerage computation.Also Read: <a href="https://www.sovrenn.com/knowledge/fredun-pharmaceuticals-capacity-epansion-divine-power-energy-fund-raise-and-waaree-renewables-technologies-order">Fredun Pharmaceuticals Capacity Epansion, Divine Power Energy Fund Raise And Waaree Renewables Technologies Order</a>

Sigachi Industries filing, Bikaji Foods International reports strong results, and Computer Age Management Services delivers good to excellent performance. Explore the latest financial updates from these key players.

Sigachi Industries Filing, Bikaji Foods International Good Results And Computer Age Management Services Good to Excellent Results

<h2>Fredun Pharmaceuticals Ltd.</h2>Recent filing: (CAPACITY EXPANSION) <a href="https://www.sovrenn.com/discovery/revenue-guidance/fredun-pharmaceuticals-ltd">Fredun Pharmaceuticals</a> is setting up a functional foods plant in Palghar, Maharashtra, to address pet health and nutrition, focusing on preventing chronic diseases. Set to launch by Q3 FY26, the facility will produce high-quality products for its brands and white-label clients, strengthening its position in the growing pet care market.SUMMARY: 5y Operating Profit uptrend | 1q Operating Profit Uptrend | PE 19.5x (Sector PE range 20-40) | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional Entry | Pharmaceuticals<ul><li>MCap of INR 345 Crore (share price = INR 734 / share) (as on 28th Nov ’24)</li><li>TTM PE 19.5x (as on 28th Nov ’24) Retail float = 33.6% (Sep-24)</li></ul>FOOD FOR THOUGHT: In the initial half of fiscal 2024, approximately 65-70% of total revenues were generated from the top 5 customers, posing a moderate risk due to customer concentration.<h3>Question 1: Who are the promoters of Fredun Pharmaceuticals?</h3>Fredun Pharmaceuticals Limited, healthcare and pharmaceuticals company offer a range of products, including antihypertensives, antidiabetic, antiretroviral drugs (ARVs) and narcotics. It is also engaged in the manufacturing of dietary/herbal supplements, nutraceuticals, cosmeceuticals, and other healthcare products along with animal healthcare products. With such a diverse range of products, the Company’s objective is to be a holistic healthcare provider. The Company primarily exports its products to Africa, Southeast Asia, Commonwealth of Independent States (CIS) countries and Latin America.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Divine Power Energy Ltd.</h2>Recent filing: (FUND RAISE) Board meeting of <a href="https://www.sovrenn.com/ipo-zone/divine-power-energy-ipo">Divine Power Energy</a> to be held on 29th Nov 2024 to consider fund raise.SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 34.1x (Sector PE range: 30-60) | <a href="https://www.sovrenn.com/discovery/preferential-issuance/divine-power-energy-ltd">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions">Acquisitions </a>| Institutional Entry | Wires &amp; Cables<ul><li>MCap of INR 273 Crore (share price = INR 127/ share) (as on 28th Nov ‘24)</li><li>TTM PE 34.1x (as on 28th Nov ‘24) Retail float = 16.7% (Sep-24)</li></ul>FOOD FOR THOUGHT: Negative operating cashflow for FY24.<h3>Question 1: Who are the promoters of Divine Power Energy?</h3>Divine Power Energy Limited is a leading manufacturer of insulated and bare copper and aluminum wires and strips in India.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Waaree Renewables Technologies Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/waaree-renewables-technologies-limited">Waaree Renewables Tech</a> has received a contract worth INR 1,233 Cr for the execution of Engineering, Procurement and Construction (EPC) works for Ground mount Solar PV project of 2012 MWp DC capacity.SUMMARY: 5y Operating Profit uptrend | PE 78.3x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/waaree-renewables-technologies-ltd">Excellent Sep-24 results</a> | Orderbook of 1.7 GW (as of Sep-24) to be executed in 09-12 months | <a href="https://www.sovrenn.com/discovery/green-energy/waaree-renewables-technologies-ltd">Clean Energy</a>FUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company commissioned 1.82 GW in solar projects, with plans to scale to 13.3 GW in module capacity and 5.4 GW Cell Capacity by FY25, also ventured into Floating Solar + Energy Storage. As per Q2FY25 Concall, Company has an unexecuted order book of 1.7 GW, valued at ₹2,500-₹2,700 crores, with a robust pipeline of 17.8 GW, supported by government initiatives and energy transition. Management expects to execute 1.2-1.3 GW of the current order book in H2 FY25.<ul><li>MCap of INR 15,579 Crore (share price = INR 1,494 / share) (as on 28th Nov ‘24)</li><li>TTM PE 78.3x (as on 28th Nov ‘24) Retail float = 16.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Waaree Renewables Technologies?</h3>Waaree Renewables Technologies is the flagship company of Waaree Group, founded in 1989 with headquarters in Mumbai, India. It has India's largest Solar PV Module manufacturing capacity of 12 GW at its plant in Gujarat. The company is amongst the top players in India in solar panel manufacturing, EPC services, project development, rooftop solutions, solar water pumps and is also an independent power producer.Also Read: <a href="https://www.sovrenn.com/knowledge/talbros-automotive-components-order-cigniti-technologies-open-offers-acquisition-and-zaggle-prepaid-ocean-services-partnership">Talbros Automotive Components Order, Cigniti Technologies Open Offers Acquisition And Zaggle Prepaid Ocean Services Partnership</a>

Fredun Pharmaceuticals announces capacity expansion, Divine Power Energy secures a significant fund raise, and Waaree Renewables Technologies bags a major order. Stay updated on these impactful industry developments.

Fredun Pharmaceuticals Capacity Epansion, Divine Power Energy Fund  Raise And Waaree Renewables Technologies Order

<h2>Talbros Automotive Components Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/revenue-guidance/talbros-automotive-components-ltd">Talbros Automotive Components</a> and its JVs secured INR 475 Cr in multi-year orders, including INR 345 Cr for gaskets and heat shields (INR 245 Cr for heat shields and INR 100 Cr for gaskets, with INR 131 Cr from exports), INR 35 Cr for chassis components through Marelli Talbros Chassis Systems (INR 23 Cr from forging, including INR 14 Cr in exports), and INR 70 Cr through Talbros Marugo Rubber for hoses and A/V products, with commercialization starting in FY26. INR 75 Cr of the total orders is for the EV segment, and INR 145 Cr is for exports, primarily&nbsp;to&nbsp;Europe.SUMMARY: 5y Operating Profit uptrend | 7q Operating Profit uptrend | PE 23.9x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/large-order-receipts/talbros-automotive-components-ltd">Large orders</a> | <a href="https://www.sovrenn.com/discovery/automobile-and-ancilaires/talbros-automotive-components-ltd">Automobiles &amp; Ancillaries</a>FUTURE OUTLOOK: Company anticipates the confidence in achieving the revenue target of INR 2,200 Cr (41% growth) for FY27 and aims to maintain EBITDA margins around 16% in the long term.<ul><li>MCap of INR 2,072 Crore (share price = INR 336 / share) (as on 27th Nov ‘24)</li><li>TTM PE of 23.9x (as on 27th Nov ‘24) Retail float = 28.9% (Sep-24)</li></ul>FOOD FOR THOUGHT: Exposed to the cyclicality inherent in automotive industry | Volatility in raw material prices could impact profit – iron and steel account for 50-60% of total operating income<h3>Question 1: Who are the promoters of Talbros Automotive Components?</h3>Established in 1956, Talbros is a diversified auto component player with presence across automobile categories in Passenger Vehicles, Commercial Vehicles, Two and Three-Wheelers, Agricultural Machinery, Off-Loaders, and Industrial Vehicles. The product portfolio of the Company includes Gaskets &amp; Heat Shields, Forgings, Suspension Systems, Anti Vibration Product and Hoses.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Cigniti Technologies Ltd.</h2>Recent filing: (OPEN OFFER ACQUISITION) Coforge bought 12.8L shares of <a href="https://www.sovrenn.com/prime/cigniti-technologies-limited">Cigniti Technologies</a> at INR 1415/share, aggregating to INR 181 Cr.SUMMARY: 3y Operating Profit uptrend | 2q Operating Profit uptrend | PE 29.7x (Sector PE range 30-50) | Institutional Entry | <a href="https://www.sovrenn.com/discovery/new-age-it/cigniti-technologies-ltd">New age IT</a><ul><li>MCap of INR 4,559 Crore (share price = INR 1,670 / share) (as on 27th Nov ‘24)</li><li>TTM PE of 29.7x (as on 27th Nov ‘24) Retail float = 12.1% (Sep-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>Question 1: Who are the promoters of Cigniti Technologies?</h3>Cigniti is an Al and IP-led digital assurance and engineering services company, helping global companies across industries like banking, retail &amp; e-commerce. healthcare &amp; life sciences, airlines, etc. continuously accelerate their digital transformation and become digital-first.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts">Sovrenn Discovery</a>&nbsp;<h2>Zaggle Prepaid Ocean Services Ltd</h2>Recent filing: (PARTNERSHIP) <a href="https://www.sovrenn.com/discovery/revenue-guidance/zaggle-prepaid-ocean-services-ltd">Zaggle Prepaid Ocean Services</a> has partnered with Mastercard Technology Private Limited, allowing Mastercard to recommend Zaggle's SaaS platform, payment, and card products to corporate clients and ecosystem entities on a referral basis. The 7-year agreement begins on November 26, 2024.SUMMARY: 2y Operating Profit uptrend | PE 86.5x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(sep-24)/zaggle-prepaid-ocean-services-ltd">Excellent Sep-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv-partnerships-acquisitions/zaggle-prepaid-ocean-services-ltd">Acquisitions </a>| <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/new-age-it">IT</a>FUTURE OUTLOOK: As per Q2FY25 Investor Presentation, Company is raising its guidance to a 50-55% increase in topline growth for FY25 and is highly confident in doubling FY24 revenues within the next two years | Company has a seasonality where 35% to 40% of business comes in the first 2 quarters and about 60% to 65% comes in H2, which is the Q3 and Q4.<ul><li>MCap of INR 6,027 Crore (share price = INR 491 / share) (as on 27th Nov ‘24)</li><li>TTM PE 86.5x (as on 27th Nov ‘24) Retail float = 20% (Sep-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>Question 1: Who are the promoters of Zaggle Prepaid Ocean Services?</h3>Incorporated in 2011, Zaggle is a uniquely positioned player in the FinTech industry, offering a diversified range of products and services. Company’s portfolio includes a variety of SaaS solutions, such as expenses, payments, and rewards management software, which cater to a wide array of touchpoints.Also Read: <a href="https://www.sovrenn.com/knowledge/emerald-finance-fund-raise-rate-gain-travel-technologies-partnership-and-sealmatic-india-and-capacity-expansion">Emerald Finance Fund Raise, RateGain Travel Technologies Partnership And Sealmatic India And Capacity Expansion</a>

Talbros Automotive Components secures a significant order, Cigniti Technologies announces open offers acquisition, and Zaggle Prepaid Ocean Services forms a strategic partnership. Explore key developments shaping the industry landscape.

Date	Title
Dec 24th 24	Sovrenn Daily News - 24th Dec 2024
Dec 23rd 24	Thomas Scott Fund Raise, Arham Technologies Business Update And AGI Greenpac Fund Raise
Dec 20th 24	Salzer Electronics Promoter Buying, Eco Recycling Fund Raise And Datamatics Global Services Inauguration of Delivery Center
Dec 19th 24	Kilburn Engineering Institutional Buying, J Kumar Infraprojects Order And Zaggle Prepaid Ocean Services Agreement
Dec 18th 24	Tinna Rubber & Infrastructure Institutional Entry, Systematix Corporate Services Promoter Buying And AGI Greenpac Fund Raise
Dec 17th 24	Websol Energy System Breakout, Texmaco Rail & Engineering Order And Ganesh Green Bharat Capacity Expansion
Dec 16th 24	Ceigall India Order Cancellation, H. G. Infra Engineering Solar Restructuring With JV And HBL Engineering Order
Dec 13th 24	AVG Logistics Order, Salzer Electronics Promoter Buying And BLS International Breakout
Dec 12th 24	Chemtech Industrial Valves Business Update, Shakti Pumps Order And Atmastco Fund Raise
Dec 11th 24	Aurionpro Solutions And H. G. Infra Engineering Order, Tejas Networks New Contract
Dec 10th 24	Datamatics Global Services Acquisition, Zaggle Prepaid Ocean Partnership And Balu Forge Industries Capacity Expansion
Dec 9th 24	Josts Engineering Excellent Results, Roto Pumps And Teerth Gopicon Order
Dec 6th 24	Tembo Global Industries, Advait Infratech And Kernex Microsystems Order
Dec 5th 24	Bondada Engineering Fund Raise & Order, Transformers & Rectifiers Acquisition And Tejas Networks New Project
Dec 4th 24	Home First Finance, Zen Technologies And TBO Tek Bulk Deal
Dec 3rd 24	Advait Infratech Order, Ceinsys Tech Large Order And Datamatics Global Services Certifications
Dec 2nd 24	Tembo Global Industries, H. G. Infra Engineering And KPI Green Energy Order
Nov 29th 24	Sigachi Industries Filing, Bikaji Foods International Good Results And Computer Age Management Services Good to Excellent Results
Nov 28th 24	Fredun Pharmaceuticals Capacity Epansion, Divine Power Energy Fund Raise And Waaree Renewables Technologies Order
Nov 27th 24	Talbros Automotive Components Order, Cigniti Technologies Open Offers Acquisition And Zaggle Prepaid Ocean Services Partnership

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