<h3>Venus Pipes & Tubes Ltd.</h3>Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Jun-24 for Venus Pipes & Tubes, Sales up 33% YoY from INR 180 Cr in Jun-23 to INR 240 Cr in Jun-24. Similarly, Net Profit up 65% from INR 17 Cr to INR 28 Cr. On a QoQ basis, Sales up 7% and Net Profit up 12%.SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | Excellent Jun-24 results | PE 48.1x (Sector PE range: 10-50) | Institutional Entry | Promoter Buying | Capacity ExpansionFUTURE OUTLOOK: As per Q4FY24 Concall, Company announced a CAPEX of INR 175 Cr over two phases to expand capacity for value fitting solutions and titanium welded tubes | Company targeting new industries like semiconductor manufacturing for growth opportunities.<ul><li>MCap of INR 4,623 Crore (share price = INR 2,278 / share) (as on 26th Jul ‘24)</li><li>TTM PE 48.1x (as on 26th Jul ‘24) Retail float = 17% (Jun-24)</li></ul>FOOD FOR THOUGHT: Volatility in raw material price.Company Description: Venus Pipes and Tubes is a manufacturer of stainless steel welded and seamless pipes, tubes and U-tubes. It has 15 production lines including pilgers, tube-mills, draw benches, annealing furnaces and several ancillary machinery. Its products find application in chemicals, refineries, heat exchangers, fertilizer plants, oil & gas, power plants, etc.
 Discover Stocks for free in Sovrenn Discovery - <a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts" action="_blank">Large Order Bucket</a><h3>Home First Finance Ltd.</h3>Recent filing: (GOOD TO EXCELLENT RESULT) For the quarter ending Jun-24 for Home First Finance, Sales up 32% YoY from INR 255 Cr in Jun-23 to INR 336 Cr in Jun-24. Similarly, Net Profit up 28% from INR 69 Cr to INR 88 Cr. On a QoQ basis, Sales up 7% and Net Profit up 6%.SUMMARY: 7y Operating Profit uptrend | 7q Operating Profit uptrend | Excellent Jun-24 results | PE 29x (Sector PE range: 20-40) | Institutional Entry | NBFC | Housing Finance<ul><li>MCap of INR 9,421 Crore (share price = INR 1,060/ share) (as on 26th Jul ‘24)</li><li>TTM PE of 29x (as on 26th Jul ‘24) Retail float = 9.9% (Jun-24)</li></ul>Company Description: 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.
 Now get chance to learn investing for free at <a href="https://www.sovrenn.com/education" action="_blank">Sovrenn Education</a><h3>KPI Green Energy Ltd.</h3>Recent filing: (ORDER) KPI Green Energy has won two tenders: 250 MWAC (275 MWDC) for solar power and 370 MWAC (642 MWDC) for hybrid renewable energy. This expansion will boost the company’s renewable energy portfolio to over 2,800 MW, with 1,432+ MW in the Independent Power Producer segment and 1,368+ MW in the Captive Power Producer segment. Power Purchase Agreements (PPAs) will be finalized following approval from the Gujarat Electricity Regulatory Commission (GERC).SUMMARY: 5y Operating Profit uptrend | PE 71.6x (Sector PE range 50-90) | Fund raise | Large Order | Geographical Expansion | Institutional entry | Promoter buying | SolarFUTURE OUTLOOK: Company has ambitious target of 1000 MW by 2025.<ul><li>MCap of INR 11,598 Crore (share price = INR 962 / share) (as on 26th Jul ‘24)</li><li>TTM PE 71.6x (as on 26th Jul ‘24) Retail float = 21.4% (Jul-24)</li></ul>FOOF FOR THOUGHT: Negative operating cash flow for FY24.Company Description: 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'.

Sovrenn Daily News - 26th Jul 2024

<h2>Emerald Finance</h2>Recent filing: (PARTNERSHIP) <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/emerald-leasing-finance">Emerald Finance</a> has partnered with Cadchem Laboratories, to offer its Early-Wage-Access program to the employees of the Company. Cadchem Laboratories is into the field of developing and manufacturing niche Active Pharmaceutical Ingredients (API) and its intermediates.SUMMARY: 6y Operating Profit uptrend | 4q Operating Profit uptrend | PE 42x (Sector PE range 20-40) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Jun-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Strategic Partnerships</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/nbfc">NBFC</a>FUTURE OUTLOOK: Company anticipates its book size to grow by 8 to 10 times over the next three years.<ul><li>MCap of INR 209 Crore (share price = INR 69.4 / share) (as on 25th Jul ‘24)</li><li>TTM PE 42x (as on 25th Jul ‘24) Retail float = 6.6% (Mar-24)</li></ul>FOOD FOR THOUGHT: MSME loan default risk.<h3>Q1. What are the Products and Services offered by Emerald Finance?</h3>Incorporated in 1983, Company’s business model is centered around granting of loans &amp; advances. As an NBFC, it provides loans to customers. Company is also engaged in providing ultra short-term loans (tenor up to 15 days) with a ticket size ranging from INR 1,000 to INR 20,000 targeting youth salaried individuals.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://sovrenn.com/discovery">Sovrenn Discovery</a><h2>Oriana Power Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/oriana-power-limited">Oriana Power</a> has received new order worth INR 15 Cr from Tyre Industry for solar power plant of 4 MWp under Captive Segment, needs to be executed within 9 Months (Operation and Maintenance period – 15 Years from COD).(AGREEMENT) Oriana Power has signed an agreement with the US-based company Splitwaters, for the implementation of providing the electrolyzer and all other equipment required for the Green Hydrogen projects. This one-stop-shop solution aims to reduce the capital expenditure (CAPEX) of green hydrogen and e-Fuel projects by up to 30%, making these sustainable energy solutions more efficient&nbsp;and&nbsp;affordable.SUMMARY: 4y Operating Profit uptrend | 1h Operating Profit uptrend | PE 78.6x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | Institution buying | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/knowledge/find-the-best-clean-energy-stocks-to-invest">Clean Energy</a>FUTURE OUTLOOK: Oriana Power has secured solar projects exceeding 250MWp from commercial, industrial, and utility sectors, to be completed by FY25. With a business pipeline of 600MWp in solar projects and a 30+ ton CBG project, the Company anticipates delivering more than 550MWp by FY26. Based on its order book and pipeline, the Company is poised to significantly outpace the solar industry's projected ~4x growth by 2030.<ul><li>Mcap of INR 4,265 Crore (share price = INR 2,408 / share) (as on 25th Jul ‘24)</li><li>TTM PE 78.6x (as on 25th Jul ‘24) Retail float = 11.3% (Mar-24)</li></ul>FOOD FOR THOUGHT: Industry's fragmentation curtails pricing flexibility and bargaining power, constraining operating margins, while tender-based operations dictate revenue and profitability based on successful&nbsp;bids.<h3>Q2. What are the Products and Services offered by Oriana Power?</h3>Oriana Power is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. The business operations are divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO).Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at <a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>JTL Industries Ltd.</h2>Recent filing: (FUND RAISE) BoD of <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/jtl-industries-ltd.">JTL Industries</a> has approved the issuance of 1.4 Cr equity shares at INR 211/each, aggregating to INR 300 Cr. Subscribers include LIC Large cap Fund, Bofa Securities Europe SA, Morgan Stanley Asia (Singapore), Goldman Sachs Investments (Mauritius) and Promoter Group.SUMMARY: 4y Operating Profit uptrend | PE 32.6x (Sector PE range 10-50) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisition </a>| High value-add Products addition | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | Institutional Entry | Steel ProductsFUTURE OUTLOOK:&nbsp;As per Q1FY25 Concall, Company targeting 30% YoY revenue growth and volume growth for FY25 and 40% VAP share.As per Q1FY25 Investor presentation, Company aims to enhance its manufacturing capacity to 10 lakh MTPA by the end of H1FY25.<ul><li>MCap of INR 3,845 Crore (share price = INR 224 / share) (as on 25th Jul ‘24)</li><li>TTM PE 32.6x (as on 25th Jul ‘24) Retail float = 19% (Jun-24)</li></ul>FOOD FOR THOUGHT: Steel tubes and pipes industry is highly competitive and fragmented given the presence of various organized and unorganized players | Volatility in raw&nbsp;material&nbsp;prices<h3>Q3. What are the Products and Services offered by JTL Industries ?</h3>JTL&nbsp;Industries is the flagship company of the Jagan Group of Companies. It produces Black &amp; Galvanized ERW Steel Pipes &amp; Tubes, hollow sections and structural steel that are extensively used in major engineering and construction projects. The group caters to the domestic Indian markets as well as the overseas export markets.Also Read: <a href="https://www.sovrenn.com/knowledge/marine-electricals-order-cellecor-gadgets-new-store-and-bondada-engineering-order">Marine Electricals Order, Cellecor Gadgets New Store And Bondada Engineering Order</a>

Explore Emerald Finance Partnership's latest collaboration, Oriana Power's recent significant order, and JTL Industries' successful fundraise. Stay updated with these pivotal developments in the finance and energy sectors.

Emerald Finance Partnership, Oriana Power Order And JTL Industries Fund Raise

<h2>Marine Electricals (India) Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/marine-electricals-(india)-ltd.">Marine Electricals</a> has received an order worth INR 20.4 Cr from L&amp;T Shipbuilding, for Supply of Integrated Bridge System (IBS). The Delivery shall be over a period of 14-15 Months.SUMMARY: 5y Operating Profit uptrend | 3q Operating Profit uptrend | PE 141x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/capital-goods">Capital goods</a><ul><li>MCap of INR 3,628 Crore (share price = INR 274 / share) (as on 24th Jul ‘24)</li><li>TTM PE 141x (as on 24th Jul ‘24) Retail float = 18.2%(Jun-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range | Negative Operating cash flow for FY24<h3>Q1. What are the Products and Services offered by Marine Electricals?</h3>Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. It is into marine, industrial and renewable energy solutions.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://sovrenn.com/discovery">Sovrenn Discovery</a><h2>Cellecor Gadgets Ltd.</h2>Recent filing: (NEW STORE) <a href="https://www.sovrenn.com/ipo-zone/cellecor-gadgets-ltd.">Cellecor Gadgets</a> announced the opening of two new Exclusive Brand Stores in Mizoram and New Delhi.SUMMARY: 2y Operating Profit uptrend | 3 semi-annual Operating Profit uptrend | PE 37.7x (Sector PE range: 30-70) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | Brand Launch | New SKUs |<a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches"> New Products</a> | New Showrooms | Geographical Expansion | Celebrity Brand Ambassador | <a href="https://www.sovrenn.com/discovery/consumption">Consumption</a>FUTURE OUTLOOK: Company targeting a revenue of INR 1000 Cr in FY25, a 2x increase from the FY24 revenue of INR 500 Cr.<ul><li>MCap of INR 606 Crore (share price = INR 289 / share) (as on 18th Jul ‘24)</li><li>TTM PE 37.7x (as on 18th Jul ‘24) Retail float = 9.3% (Mar-24)</li></ul>FOOD FOR THOUGHT: Cash flow from operations negative for FY24.<h3>Q2. What are the Products and Services offered by Cellecor Gadgets?</h3>Operating under the brand name CELLECOR, the Company is involved in the procurement, branding, and distribution of various consumer electronics such as television, mobile phones, smart wearables, mobile accessories, smartwatches, and neckbands. It has an established presence in India with over 1,200 service centers, 800 distributors, with products available in more than 24,000 retail stores. Its product range consists of 300+ different items, and it has successfully reached 100 million users across India through both online and offline dealer channels, offering affordable consumer electronics.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;&nbsp;<h2>Bondada Engineering Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/bondada-engineering">Bondada Engineering</a> has received a work order worth INR 9.6 Cr from GameChange Solar, United states for supply of Solar Module Mounting Structures (MMS) and it needs to be delivered within 14 weeks. This is the Company’s first international order.(ORDER) Company has received a work order worth INR 5.0 Cr from Svojas Power Private Limited, for Fabrication, galvanizing and supply of various types of towers and tower parts, tower extensions (complete), excluding bolts &amp; nuts, steps bolts and stubs but including hangers, DShackles pack washers etc and it needs to be executed within 2 months.(ORDER) Company has received a work order worth INR 1.7 Cr from Bharti Airtel Limited, for Supply of 6 mtr Height GI pole without Base.SUMMARY: 3y Operating Profit uptrend | 3h Operating Profit uptrend | PE 135x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts">Large Order</a> | <a href="https://www.sovrenn.com/discovery/5g">5G</a>+Solar InfrastructureFUTURE OUTLOOK: As on 31st Mar 2024, Orderbook = INR 1,747 Cr, Orders in pipeline = INR 1,260 Cr<ul><li>MCap of INR 6,049 Crore (share price = INR 2,800 / share) (as on 24th Jul ‘24)</li><li>TTM PE of 135x (as on 24th Jul ‘24) Retail float = 16.4% (Mar-24)</li></ul>FOOD FOR THOUGHT: PE multiple is above sector range.<h3>Q3. What are the Products and Services offered by 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.Also Read: <a href="https://www.sovrenn.com/knowledge/titan-intech-institutional-selling-gensol-engineering-and-kpi-green-energy-order">Titan Intech Institutional Selling, Gensol Engineering And KPI Green Energy Order</a>

Marine Electricals secures a significant order, Cellecor Gadgets opens a new store, and Bondada Engineering wins a new contract. Stay updated with the latest developments in the tech and engineering sectors.

Marine Electricals Order, Cellecor Gadgets New Store And Bondada Engineering  Order

<h2>Titan Intech</h2>Recent filing: (INSTITUTIONAL SELLING) In July 2024, Institutions sold shares of <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/titan-intech">Titan Intech</a> worth&nbsp;INR&nbsp;8.3&nbsp;Cr.SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 15.2x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> |<a href="https://www.sovrenn.com/discovery/preferential-issuance"> Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/new-age-it">New Age IT</a><ul><li>MCap of INR 85.8 Crore (share price = INR 36.4 / share) (as on 23rd Jul ’24)</li><li>TTM PE 15.2x (as on 23rd Jul ’24) Retail float = 23.3% (Mar-24)</li></ul>FOOD FOR THOUGHT: Institutions sold INR 12.5 Cr worth of shares in Jun ’24 and Jul ’24.<h3>Q1. What are the Products and Services offered by Titan Intech?</h3>Titan Intech Limited is a global leader in IT based services, products and electrical solutions and services. It provides a multi discipline design, engineering, supply, installation, commissioning and project management for electrical systems. It also provides high quality, spiritual conventional content on OTT smart devices across the globe.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://sovrenn.com/discovery">Sovrenn Discovery</a><h2>Gensol Engineering</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/gensol-engineering-limited">Gensol Engineering</a> has emerged as winning bidder for 116 MW (150 MWp) of solar projects worth INR 600 Cr in Gujarat. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Co. Ltd. (PGVCL), the state electricity distribution company. These projects aim for feeder-level solarisation and are anticipated to be operational within 12 months following the issuance of the Letter of Award (LoA).SUMMARY: 4y Operating Profit uptrend | 5q Operating Profit uptrend | PE 69.6x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise </a>| Institutional entry | <a href="https://www.sovrenn.com/discovery/large-order-receipts">Large Orders</a> | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisitions</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter Buying</a> | Solar + <a href="https://www.sovrenn.com/knowledge/5-best-electric-vehicle-ev-stocks-to-invest-in-india">EV</a>FUTURE OUTLOOK: As per FY24 Concall, Company has a total orderbook of INR 1,783 Cr and has projected revenue guidance of INR 2,000 crore for FY25, a 2.1x increase from the FY24 revenue of INR 963 crore. Additionally, the company expects to maintain consolidated EBITDA margins at 25%-26%.<ul><li>MCap of INR 3,726 Crore (share price = INR 984 / share) (as on 23rd Jul ‘24)</li><li>TTM PE of 69.6x (as on 23rd Jul ‘24) Retail float = 18.7% (Jun-24)</li></ul>FOOD FOR THOUGHT: Leveraged capital structure attributed to debt funded acquisition of EVs for leasing to Blu-Smart<h3>Q2. What are the Products and Services offered by Gensol Engineering?</h3>Gensol is involved in the business of solar consulting &amp; EPC. It provides concept to commissioning solar advisory, execution and operation services for solar projects in India and abroad. Expanding its operations, Gensol has also established an EV manufacturing facility in Pune, India, for the development and production of electric three wheelers and four wheelers. Alongside, Gensol offers comprehensive EV leasing solutions and is serving leading ride-hailing players with its buy-and-lease package of EV cars.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;&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) from MAHAGENCO. This award is for the development of a 100MWAC Solar Power Project, which includes an EPC package with land and three years of Operation and Maintenance (O&amp;M). The project is part of the tender for the development of a cumulative capacity of 600 MWAC Solar-PV Power Projects at various locations in Maharashtra under the RE Bundling Scheme.&nbsp;This project represents company’s strategic expansion beyond Gujarat into Maharashtra, allowing it to leverage new opportunities and bring its solar power expertise to a broader geographical area, thereby reinforcing its position as a leading player in the renewable energy sector.SUMMARY: 5y Operating Profit uptrend | PE 69.6x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | Geographical Expansion | Institutional entry |<a href="https://www.sovrenn.com/discovery/promoter-buying"> Promoter buying</a> | SolarFUTURE OUTLOOK: Company has ambitious target of 1000 MW by 2025.<ul><li>MCap of INR 11,264 Crore (share price = INR 934 / share) (as on 23rd Jul ‘24)</li><li>TTM PE 69.6x (as on 23rd Jul ‘24) Retail float = 21.4% (Jul-24)</li></ul>FOOF FOR THOUGHT: Negative operating cash flow for FY24.<h3>Q3. What are the Products and Services offered by 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/krishca-strapping-solutions-fund-raise-chatha-foods-bulk-deal-and-durlax-top-surface-order">Krishca Strapping Solutions Fund Raise, Chatha Foods Bulk Deal And Durlax Top Surface Order</a>

Titan Intech faces institutional selling pressures as Gensol Engineering and KPI Green Energy secure significant new orders, reflecting strategic shifts in the renewable energy and tech sectors. Explore the latest developments and market impacts of these dynamic industry players.

Titan Intech Institutional Selling, Gensol Engineering And KPI Green Energy Order

<h2>Ksolves India Ltd.</h2>Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Jun-24 for <a href="https://www.sovrenn.com/prime/ksolves-india-limited">Ksolves India</a>, Sales up 32% YoY from INR 23.8 Cr in Jun-23 to INR 31.5 Cr in Jun-24. Similarly, Net Profit up 17% from INR 7.6 Cr to INR 8.9 Cr. On a QoQ basis, Sales up 3% and Net Profit down 5%.Summary: 5y Operating Profit uptrend | 7q Operating Profit uptrend | PE 37.0x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Jun-24 results</a> |<a href="https://www.sovrenn.com/discovery/new-age-it"> IT</a>FUTURE OUTLOOK:&nbsp;As per FY24 Concall, Company looking at a 35% growth rate which would require a 40% increase in headcount.<ul><li>MCap of INR 1,318 Crore (share price = INR 1,111 / share) (as on 22nd Jul ‘24)</li><li>TTM PE of 37.0x (as on 22nd Jul ‘24) Retail float = 25.8% (Jun-24)</li></ul>FOOD FOR THOUGHT: Scalability is limited due to intense competition.<h3>Q1. What are the Products and Services offered by Ksolves India?</h3>Founded in 2014, Ksolves is a software services and product company. Company is engaged in software development, enterprise solutions and consulting, providing IT solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc.Finding multibagger stocks is important for building wealth. Discover potential multibaggers at&nbsp;<a href="https://sovrenn.com/discovery">Sovrenn Discovery</a><h2>Marine Electricals (India) Ltd.</h2>Recent filing: (FUND RAISE) Board Meeting of <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/marine-electricals-(india)-ltd.">Marine Electricals (India)</a> to be held on 24-Jul-2024 to consider Fund raising.SUMMARY: 5y Operating Profit uptrend | 3q Operating Profit uptrend | PE 129x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results </a>| <a href="https://www.sovrenn.com/discovery/capital-goods">Capital goods</a><ul><li>MCap of INR 3,322 Crore (share price = INR 250 / share) (as on 22nd Jul ‘24)</li><li>TTM PE 129x (as on 22nd Jul ‘24) Retail float = 18.2%(Jun-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range | Negative Operating cash flow for FY24<h3>Q2. What are the Products and Services offered by Marine Electricals?</h3>Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. It is into marine, industrial and renewable energy solutions.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;&nbsp;<h2>EMS Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/ems-limited">EMS</a> has received a letter of Acceptance (LoA) worth INR 535 Cr for Development of Water Supply and Sewerage System with 18 years O&amp;M in Vikas Nagar Dehradun, Uttarakhand. Here, EMS is having 95 % share with the Other JV Partner.SUMMARY: 4y Operating Profit uptrend | PE 24.9x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/large-order-receipts">Large Order</a> | EPCFUTURE OUTLOOK: As per the Q3FY24 Concall, Company expects 35% growth in revenue for FY25 keeping the margins same.<ul><li>MCap of INR 3,790 Crore (share price = INR 682 / share) (as on 22nd Jul ‘24)</li><li>TTM PE 24.9x (as on 22nd Jul ‘24) Retail float = 16.8% (Mar-24)</li></ul>FOOD FOR THOUGHT: Negative Operating cash flow for FY ’24.<h3>Q3. What are the Products and Services offered by Marine Electricals?</h3>EMS Limited is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal. EMS provides complete, single-source services from engineering and design to construction and installation of water, wastewater and domestic waste treatment facilities.Also Read: <a href="https://www.sovrenn.com/knowledge/advait-infratech-and-bondada-engineering-order-choice-international-good-results">Advait Infratech And Bondada Engineering Order, Choice International Good Results</a>

KSOLVES India reports outstanding results, demonstrating robust growth and performance. Marine Electricals successfully raises funds and secures a significant EMS order, marking a pivotal advancement in their financial and operational strategies.

Ksolves India Good to Excellent Results, Marine Electricals Fund Raise And EMS Order

<h2>Advait Infratech Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/advait-infratech-limited">Advait Infratech</a> has received an order worth INR 35.1 Cr for EPC Work of OPGW Live Line Installation from Power Grid Corporation of India for Ladakh Region, needs to be executed within&nbsp;24&nbsp;months.SUMMARY: 5y Operating Profit uptrend | PE 101x (Sector PE range 50-90) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | MoUs | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/green-energy">Green Energy</a> | Power and Telecom infraFUTURE OUTLOOK: FY24 Order Inflow: INR 210 Cr<ul><li>MCap of INR 2,204 Crore (share price = INR 2,159/share) (as on 19th Jul '24)</li><li>TTM PE 101x (as on 19th Jul '24) Retail float = 16.1% (Jun-24)</li></ul>FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government<h3>Q1. What are the Products and Services offered by Advait Infratech Ltd?</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://sovrenn.com/discovery">Sovrenn Discovery</a><h2>Bondada Engineering Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/bondada-engineering">Bondada Engineering</a> has received a work order worth INR 59 Cr from KPI Green Energy to supply BOS Items &amp; Services for EPC Works across 2 locations in Gujrat, needs to be executed by Sep ‘24.(ORDER) Bondada Engineering has received work orders worth INR 5.2 Cr from Pace Digitek Infra for supply of 40mtr Ground Based Towers 200 KMPH to Assam, needs to be executed by Jul ’24.SUMMARY: 3y Operating Profit uptrend | 3h Operating Profit uptrend | PE 123x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/large-order-receipts">Large Order</a> | <a href="https://www.sovrenn.com/discovery/5g">5G</a>+Solar InfrastructureFUTURE OUTLOOK: As on 31st Mar 2024, Orderbook = INR 1,747 Cr, Orders in pipeline = INR 1,260 Cr<ul><li>MCap of INR 5,511 Crore (share price = INR 2,551 / share) (as on 12th Jul ‘24)</li><li>TTM PE of 123x (as on 12th Jul ‘24) Retail float = 16.4% (Mar-24)</li></ul>FOOD FOR THOUGHT: PE multiple is above sector range.<h3>Q1. What are the Products and Services offered by Bondada Engineering Ltd?</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;&nbsp;<h2>Choice International Ltd.</h2>Recent filing: (GOOD RESULTS) For the quarter ending Jun-24 for <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/choice-international-ltd.">Choice International</a>, Sales up 46% YoY from INR 138 Cr in Jun-23 to INR 201 Cr in Jun-24. Similarly, Net Profit up 52% from INR 21 Cr to INR 32 Cr. On a QoQ basis, Sales down 7% and Net Profit down 18%.SUMMARY: 6y Operating Profit uptrend | PE 55.2x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | Institutional Entry | Geographical expansion | Strategic collaborations | Large Order Entry into Solar via Subsidiary | Financial Services<ul><li>Mcap of INR 7,554 Crore (share price = INR 379 / share) (as on 19th Jul '24)</li><li>TTM PE 55.2x (as on 19th Jul '24) Retail float = 3.2% (Jun-24)</li></ul>FOOD FOR THOUGHT: Risk of timing of receivables from Govt. Bodies.<h3>Q1. What are the Products and Services offered by Choice International ?</h3>Incorporated in 1992, Choice group provides tech-led financial services. It finds its legacy in resolving financial problemsand bridging gaps for individuals, institutions, and governments. It is an integrated and diversified financial services group.Also Read: <a href="https://www.sovrenn.com/knowledge/annapurna-swadisht-acquisition-maharashtra-seamless-promoter-buying-and-digikore-studios-kmp-appointment">Annapurna Swadisht Acquisition, Maharashtra Seamless Promoter Buying, Digikore Studios KMP Appointment</a>

Advait Infratech and Bondada Engineering secure a significant new order, highlighting their strategic growth and market expansion, while Choice International reports exceptional financial results, showcasing robust growth and strong performance across key metrics.

Advait Infratech And Bondada Engineering Order, Choice International Good Results

<h2>Ratnaveer Precision Engineering Ltd.</h2>Recent filing: (EXCELLENT RESULTS) For the quarter ending Jun-24 for <a href="https://www.sovrenn.com/discovery/Breakout/ratnaveer-precision-engineering-ltd.">Ratnaveer Precision Engineering</a>, Sales up 73% YoY from INR 118 Cr in Jun-23 to INR 204 Cr in Jun-24. Similarly, Net Profit up 63% from INR 8 Cr to INR 13 Cr. On a QoQ basis, Sales up 44% and Net Profit up 2.2x.SUMMARY: 4y Operating Profit Uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Jun-24 Results</a> | PE 25.9x (Sector PE range 10-50) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">New product launches</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | Steel Products<ul><li>MCap of INR 915 Crore (share price = INR 189 / share) (as on 18th Jul ‘24)</li><li>TTM PE 25.9x (as on 18th Jul ‘24) Retail float = 26.1% (Jun-24)</li></ul>FOOD FOR THOUGHT: Volatility in raw material price.<h3>What are the products and services of Ratnaveer Precision Engineering?</h3>Company is engaged in manufacturing and supply of different Stainless-Steel Products. Company is India’s largest washer manufacturer producing around 6000MT per annum and is known for its Quality Assured Products, Timeless Deliveries World-Wide, Best Prices, Prompt Responses to the customers.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>E2E Networks Ltd.</h2>Recent filing: (EXCELLENT RESULTS) For the quarter ending Jun-24 for <a href="https://www.sovrenn.com/discovery/Large%20Order%20Receipts/e2e-networks-ltd.">E2E Networks</a>, Sales up 2.2x YoY from INR 19 Cr in Jun-23 to INR 41 Cr in Jun-24. Similarly, Net Profit up 43% from INR 7 Cr to INR 10 Cr. On a QoQ basis, Sales up 41% and Net Profit up 2.5x.SUMMARY: 4y Operating Profit uptrend | 8q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Jun-24 Results</a> | PE 97.9x (Sector PE range 30-50) | Institutional Buying | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> for Data Centers | <a href="https://www.sovrenn.com/discovery/new-age-it">New Age IT</a> | Data CenterFUTURE OUTLOOK: Company is planning CAPEX for FY25 to be around INR 800 Cr over the next 12 months.<ul><li>MCap of INR 2,451 Crore (share price = INR 1,692 / share) (as on 18th Jul ‘24)</li><li>TTM PE of 97.9x (as on 18th Jul ‘24) Retail float = 17.1% (Jun-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>What are the products and services of E2E Networks?</h3>E2E Networks is the 6th largest IAAS platform in India. It began its journey in 2009 as a contract-less computing player targeting the value conscious segment of customers, especially startups. Currently, E2E Networks is the largest NSE listed Cloud Infrastructure Provider having served more than 15,000 customers and having thousands of active customers.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Fiem Industries Ltd.</h2>Recent filing: (NEW R&amp;D CENTER) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/fiem-industries-ltd.">Fiem industries</a> has opened a new R&amp;D Center and Liaison Office in Japan, inaugurated by senior officers of Honda Motor Co. Ltd. This strategic move aims to enhance the company's R&amp;D capabilities for Two-Wheeler and Four-Wheeler OEMs, focusing on product innovation and new technologies in automotive lighting. The center will also develop technologies for electric vehicles, autonomous driving, and other cutting-edge automotive advancements.SUMMARY: 3y Operating Profit uptrend | PE 21.8x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity Expansio</a>n | Auto AncillaryFUTURE OUTLOOK: As per FY24 Investor Presentation, Company expecting organic revenue growth of 12% to 15% in the coming year. Company planning a major Capex of INR 250 Cr to INR 300 Cr over the next 3 years.<ul><li>MCap of INR 3,609 Crore (share price = INR 1,371 / share) (as on 18th Jul ‘24)</li><li>TTM PE 21.8x (as on 18th Jul ‘24) Retail float = 21.8% (Mar-24)</li></ul>FOOD FOR THOUGHT: Promoter sold INR 240 Cr worth of shares in Jun‘24.<h3>What are the products and services of Fiem Industries?</h3>Fiem Industries Limited (FIEM) is one of the leading manufacturers of Automotive Lighting, Signaling Equipment, Rear View Mirrors, Sheet Metal and Plastic Parts in India with latest addition as Canister. With strong presence in automotive components industry, company has diversified into LED Luminaries. It is a well reputed name across India and has R&amp;D/ Design Centers in India, Japan and Italy and is a preferred supplier to leading OEMs in India and abroad.Also Read: <a href="https://www.sovrenn.com/knowledge/emerald-finance-partnership-balu-forge-industries-fund-raise-and-digikore-studios-agreement">Emerald Finance Partnership, Balu Forge Industries Fund Raise And Digikore Studios Agreement</a>

Discover the latest developments from Ratnaveer Precision Engineering and E2E Networks, showcasing their excellent results, and learn about Fiem Industries' new R&D center, aimed at driving innovation and growth in the industry.

Ratnaveer Precision Engineering And E2E Networks Excellent results, Fiem Industries New R&D Center

<h2>Emerald Finance</h2>Recent filing: (PARTNERSHIP) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/emerald-leasing-finance">Emerald Finance</a> has partnered with Digikore Studios, to offer its Early-Wage-Access program to the employees of the Company. Digikore is the first Indian studio to secure contracts for Virtual Production on any marquee North American project.SUMMARY: 6y Operating Profit uptrend | 4q Operating Profit uptrend | PE 28.2x (Sector PE range 20-40) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Jun-24 results</a> | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Strategic Partnerships</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/nbfc">NBFC</a>FUTURE OUTLOOK: Company anticipates its book size to grow by 8 to 10 times over the next three years.<ul><li>MCap of INR 141 Crore (share price = INR 46.6 / share) (as on 16th Jul ‘24)</li><li>TTM PE 28.2x (as on 16th Jul ‘24) Retail float = 6.6% (Mar-24)</li></ul>FOOD FOR THOUGHT: MSME loan default risk.<h3>What are the products and services of Emerald Finance?</h3>Incorporated in 1983, Company’s business model is centered around granting of loans &amp; advances. As an NBFC, it provides loans to customers. Company is also engaged in providing ultra short-term loans (tenor up to 15 days) with a ticket size ranging from INR 1,000 to INR 20,000 targeting youth salaried individuals.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: (FUND RAISE) BoD of <a href="https://www.sovrenn.com/prime/balu-forge-industries">Balu Forge</a> has approved the issuance of 45L equity shares and 93L warrants at INR360/each, aggregating to INR 497 Cr. Subscribers include Ebisu Global Opportunities Fund, Nova Global Opportunities Fund, Ovata Equity Strategies Master Fund, Perennial Emerging Growth Fund and Promoter Group.SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 45.5x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter Buying</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional Entry | Auto AncillaryFUTURE OUTLOOK: As per FY24 concall, Company expecting Revenue to conservatively grow in the range of 40%-45% in FY25 and EBITDA margins are expected to be in the corridor of 23%-24% in the upcoming quarter.<ul><li>MCap of INR 4,257 Crore (share price = INR 415 / share) (as on 16th Jul ‘24)</li><li>TTM PE 45.5x (as on 16th Jul ‘24) Retail float = 9.7% (Jun-24)</li></ul>FOOD FOR THOUGHT: Large working capital cycle | Volatility in raw material cost.<h3>What are the products and services of Balu Forge Industries?</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.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Digikore Studios</h2>Recent filing: (AGREEMENT) <a href="https://www.sovrenn.com/prime/digikore-studios-limited">Digikore Studios</a> has signed an agreement with CBS Studios to deliver VFX and Virtual Production on their global media franchise STAR TREK. Start Trek is a marquee project and a global blockbuster franchise. Company is the first Indian studio to secure contracts for Virtual Production on any marquee North American project.SUMMARY: 3y Operating Profit uptrend | PE 35.2x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace investor</a> | <a href="https://www.sovrenn.com/discovery/visual-effects-(vfx)">VFX</a>FUTURE OUTLOOK: As per FY24 concall, Company is aiming to achieve INR 100 Cr revenue in FY26. Company has expansion plans in North America and Canada to achieve revenue target of \$ 25 Million (~ INR 200+ Cr) within 2 years’ time. Company focus is on grabbing \$25 million out of the \$10 billion global VFX market in the next two years.<ul><li>MCap of INR 356 Crore (share price = INR 530 / share) (as on 16th Jul '24)</li><li>TTM PE 35.2x (as on 16th Jul '24) Retail float = 19.8% (Mar-24)</li></ul>FOOD FOR THOUGHT: 70% of business comes from outsourced work from major VFX studios in North America, which could face challenges due to AI advancement, Company transitioning towards direct projects from production houses<h3>What are the products and services of Digikore Studios?</h3>Digikore, established in 2000, is a VFX studio based in India. Its core specialization lies in delivering top tier Visual Effects (VFX) services tailored for a diverse array of media projects, encompassing films, web series, TV series, documentaries, and commercials. Company got listed on the NSE Emerge platform on 4th Oct 2023.Also Read: <a href="https://www.sovrenn.com/knowledge/bondada-engineering-fund-raise-kp-green-engineering-order-and-network-people-services-fund-raise">Bondada Engineering Fund Raise, KP Green Engineering Order And Network People Services Fund Raise</a>

Explore the latest developments in the finance and industry sectors, including Emerald Finance's new partnership, Balu Forge Industries' successful fund raise, and Digikore Studios' groundbreaking agreement. 

Emerald Finance Partnership, Balu Forge Industries Fund Raise And Digikore Studios Agreement

<h2>Ceinsys Tech Ltd.</h2>Recent filing: (ASSET PURCHASE) Technology Associates Inc. USA, Material Wholly Owned Stepdown Subsidiary of <a href="https://www.sovrenn.com/prime/ceinsys-tech-limited">Ceinsys Tech</a> has executed Asset Purchase Agreement (APA) with Virtual Tours, LLC (VTS), USA.SUMMARY: 3y Operating Profit uptrend | PE 25.9x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/new-age-it">New-Age IT</a><ul><li>MCap of INR 905 Crore (share price = INR 554 / share) (as on 15th Jul ‘24)</li><li>TTM PE of 25.9x (as on 15th Jul ‘24) Retail float = 23.2% (Mar-24)</li></ul>FOOD FOR THOUGHT: Risk of timing of receivables from Govt. bodies<h3>Q1. What are the products and services 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>Kilburn Engineering Ltd.</h2>Recent filing: (FACTORY ACQUISITION) <a href="https://www.sovrenn.com/prime/kilburn-engineering-limited">Kilburn Engineering</a> has announced the signing of a binding term sheet for the acquisition of a prime Factory Unit located at Thane, Maharashtra. This acquisition, from Shree Satyanarayan Industrial Suppliers Private Limited, includes essential assets such as Plant, Machinery, Office Building, Work Area/Shed, Amenities, and Equipment(s), for a total consideration not exceeding INR 22 Cr. By projecting an anticipated additional revenue of approximately INR 100 Cr post-acquisition, Kilburn aims to achieve a rapid return on investment.SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 35.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | <a href="https://www.sovrenn.com/discovery/capital-goods">Capital Goods</a>FUTURE OUTLOOK: Company targeting consolidated revenue of INR 500 Cr, with 52% revenue growth in FY25 with an EBITDA of 20%. Company has a Consolidated Order Book of INR 285 Cr as on 31st March, 2024.<ul><li>MCap of INR 1,785 Crore (share price = INR 427 / share) (as on 15th Jul ‘24)</li><li>TTM PE of 35.3x (as on 15th Jul ‘24) Retail float = 15.4% (Mar-24)</li></ul>FOOD FOR THOUGHT: Working capital extensive business.<h3>Q2. What are the products and services 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://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Zen Technologies Ltd.</h2>Recent filing: (NEW PRODUCT LAUNCH) <a href="https://www.sovrenn.com/prime/zen-technologies-limited">Zen Technologies</a> has introduced AI-powered Robots, unveiling 4 Products for the Global Defense Market. These IP-owned innovations – Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640 – cater to a wide range of defence requirements, empowering forces with unmatched tactical superiority and enhanced operational efficiency.SUMMARY: 2y Operating Profit uptrend | PE 90.7x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> |<a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches"> Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">New Products</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/defence">Defence</a>FUTURE OUTLOOK: Company targeting to exceed turnover of INR 900 Cr in FY25, 100% increase from FY24. | Orderbook INR 1,402 Cr as of 31st Mar 2024 (3.2x of FY24 Revenue) and assuring that 35% EBITDA and 25% PAT to achieve in FY25.<ul><li>MCap of INR 11,447 Crore (share price = INR 1362 / share) (as on 15th Jul ‘24)</li><li>TTM PE 90.7x (as on 15th Jul ‘24) Retail float = 30.6% (Jun-24)</li></ul>FOOD FOR THOUGHT: Company is exposed to risks in tender-based operations.<h3>Q3. What are the products and services 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.Also Read: <a href="https://www.sovrenn.com/knowledge/balu-forge-industries-fund-raise-h-g-infra-engineering-lease-granted-and-meson-valves-india-acquisition">Balu Forge Industries Fund Raise, H. G. Infra Engineering Lease Granted And Meson Valves India Acquisition</a>

Read about Ceinsys Tech's strategic asset purchase, Kilburn Engineering's factory acquisition to boost production, and Zen Technologies' launch of innovative new products in the defense sector

Ceinsys Tech  Asset Purchase, Kilburn Engineering Factory Acquisition And Zen Technologies  New Product Launch 

<h2>Balu Forge Industries Ltd.</h2>Recent filing: (FUND RAISE) Board meeting of <a href="https://www.sovrenn.com/prime/balu-forge-industries">Balu Forge</a> to be held on 16th July ’24 to consider and approve raising of funds.SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 44.6x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter Buying</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Institutional Entry | Auto AncillaryFUTURE OUTLOOK: As per FY24 concall, Company expecting Revenue to conservatively grow in the range of 40%-45% in FY25 and EBITDA margins are expected to be in the corridor of 23%-24% in the upcoming quarter.<ul><li>MCap of INR 4,174 Crore (share price = INR 407 / share) (as on 12th Jul ‘24)</li><li>TTM PE 44.6x (as on 12th Jul ‘24) Retail float = 9.7% (Jun-24)</li></ul>FOOD FOR THOUGHT: Large working capital cycle | Volatility in raw material cost<h3>What are the products and services of Balu Forge Industries?</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.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>H. G. Infra Engineering Ltd.</h2>Recent filing: (LEASE GRANTED) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/h.-g.-infra-engineering-ltd.">HG Infra Engineering</a> has been granted lease worth INR 14.6 Cr for Commercial Development on Railway Land at Abu Road, Rajasthan Measuring 8034 sqm for a period of 60 years.SUMMARY: 6y Operating Profit uptrend | 2q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | PE 21.0x (Sector PE range 8-25) | <a href="https://www.sovrenn.com/discovery/infrastructure">Infrastructure</a>FUTURE OUTLOOK: As per FY24 Con-call, Management has guided for a 15-20% growth in topline | Orderbook INR 12,434 Cr (Mar-24), 2.3x of TTM Revenue<ul><li>MCap of INR 11,079 Crore (share price = INR 1,700 / share) (as on 12th Jul ‘24)</li><li>TTM PE of 21x (as on 12th Jul ‘24) Retail float = 9.0% (Mar-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>What are the products and services 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.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Meson Valves India Ltd.</h2>Recent filing: (ACQUISITION) <a href="https://www.sovrenn.com/prime/meson-valves-india">Meson Valves</a> has entered into Share Purchase Agreement with Milindpra Castings Private Limited for the acquisition of 7,033 shares. Target Company is in the business of metal casting and foundry. This strategic acquisition aligns with Company’s India growth strategy and is expected to strengthen its position in the metal casting industry. The move will allow Company to expand its capabilities and market presence in the foundry sector.FUTURE OUTLOOK: As per FY24 concall, Company anticipates a 50% CAGR with strong growth and profitability, doubling its topline. Company targeting a 10-15% EBITDA margin increase.&nbsp;Company has an Order book of INR 40+ Cr.SUMMARY: 3y Operating Profit uptrend | 1h Operating Profit uptrend | PE 151x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/discovery/excellent-results-(jun-24)">Excellent Mar-24 results</a> | Acquisitions | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Partnership </a>| Institutional Entry | <a href="https://www.sovrenn.com/discovery/defence">Defence</a><ul><li>MCap of INR 1,365 Crore (share price = INR 1,344 / share) (as on 12th Jul ‘24)</li><li>TTM PE of 151x (as on 12th Jul ‘24) Retail float = 23.1% (Mar-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range<h3>What are the products and services of Meson Valves India?</h3>Meson Valves India Limited is in the business of assembling, buying, selling, distributing, importing, exporting or otherwise dealing in products like valves, actuators, remote control system, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges and and services that control and manage all such products. Company got listed on 21st Sep ‘23.Also Read: <a href="https://www.sovrenn.com/knowledge/rmc-switchgears-abhishek-integrations-and-h-g-infra-engineering-order">RMC Switchgears, Abhishek Integrations And H. G. Infra Engineering Order</a>

Balu Forge Industries raises significant capital for growth, H.G. Infra Engineering secures an essential lease for expansion, and Meson Valves India completes a strategic acquisition.

Balu Forge Industries Fund Raise, H. G. Infra Engineering Lease Granted And Meson Valves India  Acquisition

<h2>Dhruv Consultancy Services Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/dhruv-consultancy-services-ltd.">Dhruv Consultancy Services</a> in association with Infinite Civil Solutions Pvt. Ltd has received the LOA worth INR 5.7 Cr towards the Consultancy Services in form of providing Independent Engineer Services for Construction of Four Lane High Speed corridor of Vataman to Pipali section from Design Km 69+700 to Design Km 93+811 (Total Length: 24.111 Km) of SH 6 in the State of Gujarat on Hybrid Annuity Mode (HAM) from the office of Managing Director, Gujarat State Road Development Corporation Limited, Gandhinagar, to be executed over 48 months.SUMMARY: 4y Operating profit uptrend | PE 33.2x (Sector PE range 30-50) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | Institutional Entry | Consulting ServicesFUTURE OUTLOOK: Company total order book stands at INR 628 Cr with INR 345 Cr of unexecuted orders as of 31st Mar 2024.<ul><li>MCap of INR 196 Crore (share price = INR 131 / share) (as on 11th Jul ‘24)</li><li>TTM PE 33.2x (as on 11th Jul ‘24) Retail float = 19.5% (Mar-24)</li></ul>FOOD FOR THOUGHT: Negative operating cash flows for FY24 | Promoter sold INR 2.7 Cr worth of shares in Feb and Mar ’24.<h3>What are the products and services of Dhruv Consultancy Services ?</h3>Founded in 2003, Dhruv Consultancy Services has emerged as one of India's most rapidly expanding project management company in the infrastructure sector. The company mainly works in infrastructural solutions, including roads, highways, bridges, architecture, waste management, and ports.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>HPL Electric &amp; Power Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/hpl-electric-&amp;-power-ltd.">HPL Electric &amp; Power</a> has received Work Orders/Letter of Award of INR 2,101 Cr from regular leading Customers for the supply of smart meters in the normal course of business.SUMMARY: 3y Operating Profit uptrend | 3q Operating Profit uptrend | PE 83.1x (Sector PE range 30-70) | | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">New Products </a>| <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Partnerships </a>| <a href="https://www.sovrenn.com/discovery/electrification">Electrification </a>| Smart MeterFUTURE OUTLOOK: Company anticipates 20-25% Revenue growth in next 3-4 years and expect revenue to reach INR 1800 Cr or higher in FY25 | Company has a strong Order book of INR 2,000 Cr as on 9th May 2024.<ul><li>MCap of INR 3,620 Crore (share price = INR 563 / share) (as on 11th Jul ‘24)</li><li>TTM PE 83.1x (as on 11th Jul ‘24) Retail float = 20.9% (Mar-24)</li></ul>FOOD FOR THOUGHT: Sales depends on Company’s ability to win tenders from PSUs. Intense competition leads to aggressive bidding, which could compromise margins. | PE is above sector range.<h3>What are the products and services of HPL Electric &amp; Power?</h3>HPL is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry. HPL had the largest market share in India's electricity energy meters market, with one of the most comprehensive portfolios of meters in India.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>MOS Utility</h2>Recent filing: (LICENSE) <a href="https://www.sovrenn.com/discovery/JV,%20Partnerships%20&amp;%20Acquisitions/mos-utility">MOS Utility</a> has received a Master Franchisee License from India Post. Through this franchisee module company will be expanding the service offerings to encompass a comprehensive range of postal services across India.(SUBSIDIARY INCOPORATION) BoD of Mos Utility has considered and approved the incorporation/formation of a subsidiary company, in the name of MOS Wealth Management Private Limited, as approved by the Registrar of Companies / Central Registration&nbsp;Centre&nbsp;(CRC)SUMMARY: 3y Operating Profit uptrend | 3 periods semi-annual Operating Profit uptrend | PE 45.9x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisitions </a>| Tech Platform<ul><li>MCap of INR 482 Crore (share price = INR 193 / share) (as on 11th Jul ‘24)</li><li>TTM PE 45.9x (as on 11th Jul ‘24) Retail float = 12.4% (Mar-24)</li></ul>FOOD FOR THOUGHT: Technology disruption | Adverse regulatory changes in fintech space could impact business<h3>What are the products and services of MOS Utility?</h3>MOS Utility is engaged in the business of providing technology enabled digital products and services in the B2C, B2B and financial technology arena through an integrated business model. It provides business opportunities to shopkeepers, retailers, students etc. to start their own online e-commerce business.&nbsp;It operates under seven business segments namely – Banking, Travel, Insurance, Utility Service, Entertainment Services, Franchisee and Other Services. It has over 1.6 Lakh network distributors which includes distributors, agents and master distributors. The company has largest network of distributors in Maharashtra with over 50K network distributors.Also Read: <a href="https://www.sovrenn.com/knowledge/rulka-electricals-order-jupiter-wagons-fund-raise-and-h-g-infra-engineering-mou">Rulka Electricals Order, Jupiter Wagons Fund Raise And H. G. Infra Engineering MOU</a>

Dhruv Consultancy secures significant orders alongside HPL Electric & Power, while MOS Utility obtains a new license. Discover the latest developments and their impact on the industry.

Dhruv Consultancy And HPL Electric & Power Order, MOS Utility License

Cricket is the heart of the Indian people. They love their cricketers like a lord. Here we will let you know about 50 famous cricketers of the Indian cricket team

50 Famous and Wealthiest Cricketers of India

<h2>RMC Switchgears Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/rmc-switchgears-limited">RMC Switchgears</a> has received a work order worth INR 4.8 Cr from Trade world Exim LLP, for Supply, Installation &amp; Maintenance of solar panel and inverter for 1.35 MWp Plant in Rajasthan. The works is to be completed within 8 months.SUMMARY: 2y Operating Profit uptrend | PE 41.8x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity Expansion</a> | Institutional Entry | RDSS | <a href="https://www.sovrenn.com/discovery/capital-goods">Capital Goods</a>FUTURE OUTLOOK: Management’s ambitious vision is to evolve into INR 5,000 Cr enterprise by 2030 (25th May ‘24)<ul><li>MCap of INR 681 Crore (share price = INR 661 / share) (as on 10th Jul ‘24)</li><li>TTM PE of 41.8x (as on 10th Jul ‘24) Retail float = 20.9% (Mar-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.<h3>What are the products and services of RMC Switchgears ?</h3>Incorporated in 1994, RMC Switchgear manufactures and designs enclosures of Energy Meters, LT/HT Distribution Boxes and Panels, Junctions Boxes, Feeder Pillars and Power Distribution and Circuit Protection Switchgears. It also undertakes works of laying energy transmission lines and establishing electric substations, fixing of new meters and shifting of existing meters.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>Abhishek Integrations Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/discovery/Capacity%20Expansions%20&amp;%20New%20Product%20Launches/abhishek-integrations-ltd.">Abhishek Integrations</a> has ranked as L1 for the work order worth INR 3 Cr for Operation and maintenance works in Fuel, Material handling, technical services systems.SUMMARY: 4y Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | PE 69.6x (Sector PE range 30-50) | Diversified Commercial Services<ul><li>MCap of INR 53.6 Cr (share price = INR 89/ share) (as on 10th Jul ‘24)</li><li>TTM PE 69.6x (as on 10th Jul ‘24) Retail float = 19.5% (Mar-24)</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>What are the products and services of Abhishek Integrations?</h3>Abhishek Integrations is engaged in Developing, Operation, and Maintenance of HT &amp; LT Electrical and Mechanical and its installation at Terminal Buildings of Airports, installation and maintenance of Fire Fighting solutions as a system integrator, operation, and maintenance of GLF/Airfield Lighting Systems, Operating and maintaining Baggage Handling systems, Water distributions system, Substation including perimeter light fittings at Airports, LT switchgear at various Reputed Government Departments located pan India.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.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%20Guidance%20or%20Order%20Book%20or%20Capacity/h.-g.-infra-engineering-ltd.">HG Infra Engineering</a> has entered into a Memorandum of Understanding with Ultra Vibrant Solar Energy Private Limited to acquire the project development activities, which will be done through individual project companies. The total project size is 83.02 MW (AC)/ 116.228 MW (DC), which will be developed by the Company. The total Engineering Procurement Construction (EPC) value for developing these projects&nbsp;is&nbsp;INR&nbsp;465&nbsp;Cr.SUMMARY: 6y Operating Profit uptrend | 2q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | PE 21.0x (Sector PE range 8-25) |<a href="https://www.sovrenn.com/discovery/infrastructure"> Infrastructure</a>FUTURE OUTLOOK: As per FY24 Con-call, Management has guided for a 15-20% growth in topline | Orderbook INR 12,434 Cr (Mar-24), 2.3x of TTM Revenue<ul><li>MCap of INR 11,084 Crore (share price = INR 1,701 / share) (as on 10th Jul ‘24)</li><li>TTM PE of 21.0x (as on 10th Jul ‘24) Retail float = 9.0% (Mar-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>What are the products and services 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.Also Read: <a href="https://www.sovrenn.com/knowledge/rulka-electricals-order-jupiter-wagons-fund-raise-and-h-g-infra-engineering-mou">Rulka Electricals Order, Jupiter Wagons Fund Raise And H. G. Infra Engineering MOU</a>

Discover the latest order update from RMC Switchgears, Abhishek Integrations, and H. G. Infra Engineering. Learn how these industry leaders are advancing in switchgear solutions, technology integrations, and infrastructure development.

RMC Switchgears, Abhishek Integrations And H. G. Infra Engineering Order

<h2>Rulka Electricals Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/ipo-zone/rulka-electricals-ipo">Rulka Electricals</a> confirmed new orders worth INR 2.7 Cr from various clients. Palra Estate Private Limited has two projects totaling INR 33 L. Indospace Industrial Park Badli Pvt. Ltd. has two fire fighting projects totaling INR 1.4 Cr. Palava Induslogic 2 Pvt Ltd and Avenue Supermarts Limited (D-Mart Kundratur, TN) have fire fighting projects worth INR 6.5L and INR 90L respectively.SUMMARY: 3y Operating Profit uptrend | 1h Operating Profit uptrend | PE 39.3x (Sector PE range 30-50) | Institutional Entry | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | Diversified Commercial Services<ul><li>MCap of INR 240 Crore (share price = INR 561 / share) (as on 9th Jul ‘24)</li><li>TTM PE 39.3x (as on 9th Jul ‘24) Retail float = NA</li></ul>FOOD FOR THOUGHT: Negative Operating cash flow for FY24.<h3>What are the products and services of Rulka Electricals?</h3>Company is a turnkey projects contractor specializing in providing comprehensive solutions for all types of Electrical and Fire Fighting projects.&nbsp;The company offers a wide range of services including Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turnkey Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting, and Data &amp; Voice Cabling Installation across various sectors such as Industrial, Commercial, Retail, and Theatre.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>Jupiter Wagons Ltd.</h2>Recent filing: (FUND RAISE) BoD of <a href="https://www.sovrenn.com/prime/jupiter-wagons-limited">Jupiter Wagons</a> has approved the floor price of INR 689/share for Qualified Institutions Placement (QIP). Earlier On 7th May ’24, BoD had considered raising of funds for an amount upto INR 1000 Cr through QIP.SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 87.6x (Sector PE range 40-70) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | 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/jv,-partnerships-&amp;-acquisitions">Acquisition </a>| <a href="https://www.sovrenn.com/discovery/railways">Railways</a>FUTURE OUTLOOK: Orderbook INR 7,102 Cr as of Mar 2024 (1.9x of TTM Revenue)<ul><li>MCap of INR 29,122 Crore (share price = INR 706 / share) (as on 9th Jul ‘24)</li><li>TTM PE of 87.6x (as on 9th Jul ‘24) Retail float = 7.9% (Mar-24)</li></ul>FOOD FOR THOUGHT: Steel and related products serve as raw materials, and their prices are volatile, potentially impacting margins | PE is above sector range.<h3>What are the products and services of Jupiter Wagons?</h3>Jupiter Wagons is complete transportation solutions engineer and one of the fastest growing in India's railway sector. It is one of few players in India's railway wagons sector with a captive foundry, one of the highest capacity complements and India's largest manufacturer of 25 tonnes wagons.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>H. G. Infra Engineering Ltd.</h2>Recent filing: (MoU) <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/h.-g.-infra-engineering-ltd.">H.G. Infra Engineering</a> has entered into a Memorandum of Understanding with Ultra Vibrant Solar Energy Private Limited for acquiring shares or voting rights in the project companies by way of incorporating new companies or by taking shares of the existing company for the execution of the solar power plants project.&nbsp;Ultra Vibrant Solar Energy Private Limited has been awarded the new solar projects from Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) for 83.02 MW (AC), which is proposed to be taken over&nbsp;by&nbsp;the&nbsp;Company.SUMMARY: 6y Operating Profit uptrend | 2q Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | PE 21.1x (Sector PE range 8-25) | <a href="https://www.sovrenn.com/discovery/infrastructure">Infrastructure</a>FUTURE OUTLOOK: As per FY24 Con-call, Management has guided for a 15-20% growth in topline | Orderbook INR 12,434 Cr (Mar-24), 2.3x of TTM Revenue<ul><li>MCap of INR 11,114 Crore (share price = INR 1,705 / share) (as on 9th Jun ‘24)</li><li>TTM PE of 21.1x (as on 9th Jul ‘24) Retail float = 9.0% (Mar-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>What are the products and services 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.Also Read: <a href="https://www.sovrenn.com/knowledge/jeena-sikho-lifecare-empanelment-urban-enviro-waste-management-order-and-gpt-infraprojects-fund-raise">Jeena Sikho Lifecare Empanelment, Urban Enviro Waste Management Order And GPT Infraprojects Fund Raise</a>

Get the latest updates on Rulka Electricals' new order, Jupiter Wagons' successful fund raise, and H. G. Infra Engineering's MOU. Stay informed about these significant business developments and their impact on the industry.

Rulka Electricals Order, Jupiter Wagons Fund Raise And H. G. Infra Engineering MOU

<h2>Jeena Sikho Lifecare Ltd.</h2>Recent filing: (EMPANELMENT) <a href="https://www.sovrenn.com/prime/jeena-sikho-lifecare-limited">Jeena Sikho Lifecare</a>’s, sixteen Ayurveda Panchkarma Hospital situated in Dera Bassi, Murad Nagar, Lucknow, Navi Mumbai, Paschim Vihar, Gurugram, Safdarjung, Amritsar, Thane, Andheri, Kota, Ajmer, Jaipur, Sikar, Udaipur, and Jodhpur have been empanelled with Universal Sompo General Insurance for providing Cashless Ayurveda Panchkarma Treatment.SUMMARY: 4y Operating Profit uptrend | 4 semi-annual Operating Profit uptrend | PE 39.5x (Sector PE range 40-80) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | Expanding hospital count | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisition </a>| <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | Fund entry | Health CareFUTURE OUTLOOK: Company is targeting a revenue of around INR 450 Cr and a PAT margin of more than 25% next year.<ul><li>MCap of INR 2,735 Crore (share price = INR 1,100/ share) (as on 8th Jul ‘24)</li><li>TTM PE 39.5x (as on 8th Jul ‘24) Retail float = 8.9% (Mar-24)</li></ul>FOOD FOR THOUGHT: Ayurveda is generally not considered&nbsp;mainstream.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;<h3>What are the products and services of Jeena Sikho Lifecare ?</h3>Founded in 2009, Jeena Sikho Lifecare Limited is an Ayurveda based healthcare company headquartered in Zirakpur. It has a chain of 150+ Ayurvedic clinics all over India and a certified team of 200+ Ayurveda doctors.<h2>Urban Enviro Waste Management Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/urban-enviro-waste-management-ltd">Urban Enviro Waste Management</a> has received work order worth INR 4.3 Cr from Additional Medical Superintendent Office, North Western Railway, Jodhpur, Rajasthan for Environmental Sanitation, Cleaning, Disinfection, Pest &amp; Rodent Control Work, Door to Door Waste Collection and Garbage Removal &amp; MSW Disposal Transportation Work for Railway Colonies of DS &amp; WS, BGKT and Jaisalmer, for the period of 4y.SUMMARY: 4y Operating Profit uptrend | 3h Operating Profit uptrend | PE 23.7x (Sector PE range 25-50) | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace investor </a>| Waste Management<ul><li>MCap of INR 167 Crore (share price = INR 386 / share) (as on 8th Jul ‘24)</li><li>TTM PE of 23.7x (as on 8th Jul ‘24) Retail float = 17.8% (Mar-24)</li></ul>FOOD FOR THOUGHT: Highly competitive sector.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h3>What are the products and services of Urban Enviro Waste Management</h3>Urban Enviro Waste Management strives to provide the best-in-class Waste Management Solutions &amp; Municipal Solid Waste (MSW) Management services comprising waste collection, transportation, segregation &amp; disposal services across the country. The Company caters to Indian Local Bodies along with providing its services to Residential Areas, Industries, Research Institutes, Power Stations, Government &amp; Semi Government Hospitals and Cantonment Boards to name a few.<h2>GPT Infraprojects</h2>Recent filing: (FUND RAISE) BoD of <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/gpt-infraprojects">GPT Infraprojects</a> has approved the issuance of shares or any other securities for an amount not exceeding INR 175 Cr.SUMMARY: 5y Operating Profit uptrend | 6q Operating Profit uptrend | PE 34.5x (Sector PE range 20-50) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/infrastructure">Infra </a>| <a href="https://www.sovrenn.com/discovery/railways">Railways</a>FUTURE OUTLOOK: Orderbook INR 3,672 Cr (13th Jun 2024, 3.6x of TTM revenue)<ul><li>MCap of INR 1,918 Crore (share price = INR 165 / share) (as on 8th Jul ‘24)</li><li>TTM PE 34.5x (as on 8th Jul ‘24) Retail float = 8.2% (Mar-24)</li></ul>FOOD FOR THOUGHT: Exposed to risks inherent in tender-based business.<h3>What are the products and services of GPT Infraprojects?</h3>GPT Infraprojects is an infrastructure company operating through 2 business divisions - Infrastructure and Sleepers. It is an established Railway focused player. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In Sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa.Also Read: <a href="https://www.sovrenn.com/knowledge/choice-international-fund-raise-ramkrishna-forgings-approval-and-satin-creditcare-fund-raise">Choice International Fund Raise, Ramkrishna Forgings Approval And Satin Creditcare Fund Raise</a>

Get all the details about Jeena Sikho Lifecare, Urban Enviro Waste Management, and GPT Infraprojects within Agarwal Industrial Ltd's Company Profile. Explore now!

Jeena Sikho Lifecare Empanelment, Urban Enviro Waste Management Order And GPT Infraprojects Fund Raise

<h2>Share India Securities Ltd.</h2>Recent filing: (SUBSIDIARY INCORPORATION) <a href="https://www.sovrenn.com/prime/share-india-securities-limited">Share India Securities</a> has incorporated a Subsidiary namely Silverleaf Securities Research to carry out trading and providing of stock broking services in the securities.SUMMARY: 6y Operating Profit uptrend | PE 14x (Sector PE range 20-40) | Brokerage<ul><li>MCap of INR 5,974 Crore (share price = INR 303 / share) (as on 5th Jul ‘24)</li><li>TTM PE of 14x (as on 5th Jul ‘24) Retail float = 11.71% (Jun-24)</li></ul>FOOD FOR THOUGHT: Negative operating cash flows for FY24.<h3>What are the products and services of Share India Securities?</h3>Share India Securities is one of India’s leading tech-based financial service provider. The Company offers customized capital market solutions to its clients and has recently launched its algo trading platform for clients. Company has ~2% marketshare in cash market, ~2% market share in futures and ~5% market share in options on basis of turnover. Via its subsidiaries, it is also present in NBFC business, insurance broking,merchant banking, portfolio management and mutual funds distribution.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;<h3>Yatharth Hospitals &amp; Trauma Care Services Ltd.</h3>Recent filing: (BULK DEAL) Plutus Wealth Management sold 25L share of <a href="https://www.sovrenn.com/discovery/Curated%20Bulk%20Deals/yatharth-hospitals-&amp;-trauma-care-services-ltd.">Yatharth Hospital &amp; Trauma Care Services</a> at INR 405/share, aggregating to INR 101 Cr. ICICI Prudential Mututal Fund bought 20L shares at INR 405/share, aggregating&nbsp;to&nbsp;INR&nbsp;81&nbsp;Cr.SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | PE 33x (Sector PE range 40-80) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying </a>| Institutional Entry | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisition </a>| Hospitals<ul><li>MCap of INR 3,780 Crore (share price = INR 440 / share) (as on 5th Jul ‘24)</li><li>TTM PE 33x (as on 5th Jul ‘24) Retail float = 6.9% (Mar-24)</li></ul>FOOD FOR THOUGHT Negative operating cash flows for FY24.<h3>What are the products and services of Yatharth Hospitals &amp; Trauma Care Services?</h3>The Company offers healthcare service across several specialties and super specialties. Company has hospitals located in Greater Noida, Noida, Noida Extension and Jhansi-Orchha.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h3>Dynamic Cables Ltd.</h3>Recent filing: (ACQUISITION) Subsidiary of <a href="https://www.sovrenn.com/discovery/Capacity%20Expansions%20&amp;%20New%20Product%20Launches/dynamic-cables-ltd.">Dynamic Cables</a> Services &amp; Security has entered into a Share Repurchase Agreement with the existing shareholder of Nacof Nithin Sai Green Energy to acquire 49% of the outstanding share capital of the Target Company. Company is making this strategic acquisition as part of its growth plans to expand its offerings to the solar energy business.SUMMARY: 2y Operating Profit uptrend | 3h Operating Profit uptrend | PE 41x (Sector PE range NA) | <a href="https://www.sovrenn.com/discovery/jv,-partnerships-&amp;-acquisitions">Acquisition </a>| <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | Solar | Commercial Services<ul><li>MCap of INR 362 Crore (share price = INR 264 / share) (as on 5th Jul ‘24)</li><li>TTM PE 41x (as on 5th Jul ‘24) Retail float = 11.9% (Mar-24)</li></ul>FOOD FOR THOUGHT: Negative operating cash flows for FY24.<h3>What are the products and services of Dynamic Cables?</h3>Founded in 2001, Dynamic Services Security is engaged in the business of mechanized cleaning, conservancy, housekeeping, and catering services. The company offers security guarding and manpower solutions to various government agencies, including the Indian Army, Indian Navy, and Indian <a href="https://www.sovrenn.com/discovery/railways">Railways</a>. Recently, company has expanded into the <a href="https://www.sovrenn.com/discovery/green-energy">solar energy sector</a>, currently working on a 720KW project in Kakdwip, West Bengal, marking its shift towards <a href="https://www.sovrenn.com/knowledge/list-of-green-energy-stocks-to-invest-in-india">green energy</a> initiatives.Also Read: <a href="https://www.sovrenn.com/knowledge/annapurna-swadisht-acquisition-cancelled-kilburn-engineering-order-and-ugro-capital-fund-raise">Annapurna Swadisht Acquisition Cancelled, Kilburn Engineering Order And Ugro Capital Fund Raise</a>

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Share India Securities Subsidiary Incorporation, Yatharth Hospitals & Trauma Care Services Bulk Deal And Dynamic Cables Acquisition

<h2>Annapurna Swadisht Ltd.</h2>Recent Filing: (ACQUISITION CANCELLED) Management of <a href="https://www.sovrenn.com/prime/annapurna-swadisht-limited">Annapurna Swadisht</a> has decided to call off Business Transfer Agreement entered into in Mar ’24 for acquiring the “Arati” brand mustard oil from R R Proteins and Agro Ltd for an aggregate consideration of INR 28 Cr.SUMMARY: 2y Operating Profit uptrend | 5h Operating Profit uptrend | PE 40.5x (Sector PE range 30-100) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity Expansion</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace investor</a> | <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">New Products</a> | <a href="https://www.sovrenn.com/discovery/consumption">Consumption</a><ul><li>MCap of INR 577 Crore (share price = INR 328 / share) (as on 4th Jul ‘24)</li><li>TTM PE 40.5x (as on 4th Jul ‘24) Retail float = 17.7% (Mar-24)</li></ul>FOOD FOR THOUGHT: Predominantly exposure to rural economy.<h3>What are the products and services of Annapurna Swadisht?</h3>Incorporated in 2016, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely Fryums, cakes, candy, namkeen, chips, and Gohona Bori catering to the customers residing in the rural areas of India. Since then, the company has reached 5 lacs+ retailers in 100+ towns and more than 1.5 lacs villages. These villages are spread across eastern India, covering West Bengal Jharkhand, Bihar, North East and Odisha.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>Kilburn Engineering Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/prime/kilburn-engineering-limited">Kilburn Engineering</a> has received various orders worth INR 103 Cr since 13th May 2024. Orders include - Rotary Dryers packages for INR 88.3 Cr, Granulator for INR 3.5 Cr, Fluid bed dryer for INR 4.7 Cr, VFBD and spares for INR 6.1 Cr. Company has bagged orders amounting to INR 160 Cr in Q1FY25.SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 37.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | <a href="https://www.sovrenn.com/discovery/capital-goods">Capital Goods</a>FUTURE OUTLOOK: Company targeting consolidated revenue of INR 500 Cr, with 52% revenue growth in FY25 with an EBITDA of 20%. Company has a Consolidated Order Book of INR 285 Cr as on 31st March, 2024.<ul><li>MCap of INR 1,888 Crore (share price = INR 451 / share) (as on 4th Jul ‘24)</li><li>TTM PE of 37.3x (as on 4th Jul ‘24) Retail float = 15.4% (Mar-24)</li></ul>FOOD FOR THOUGHT: Working capital extensive business.What are the products and services of Kilburn Engineering?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://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Ugro Capital Ltd.</h2>Recent filing: (FUND RAISE) Board meeting of <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/ugro-capital-ltd.">Ugro Capital</a> to be held on 6th July ‘24 to consider and approve raising of funds.SUMMARY: 6y Financing Profit uptrend | 7q Financing Profit uptrend | PE 21.2x (Sector PE range 20-40) | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | Institutional entry | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying</a> | NBFC<ul><li>MCap of INR 2,527 Crore (share price = INR 272 / share) (as on 4th Jul ‘24)</li><li>TTM PE of 21.2x (as on 4th Jul ‘24) Retail float = 10.3% (Mar-24)</li></ul>FOOD FOR THOUGHT: SBI Life Insurance reduced its stake from 1.2% in Dec-23 to less than 1% in Mar-24.<h3>What are the products and services of Kilburn Engineering?</h3>Ugro Capital is a technology focused, small business lending platform. It is focused on addressing capital needs of small businesses operating in select eight sectors by providing customized loan solutions. UGRO mission is 'Solve the Unsolved - the US \$600Bn Small Business Credit Need. It believes that the problem of small businesses can be solved by building deep expertise around core.Also Read: <a href="https://www.sovrenn.com/knowledge/krishca-strapping-solutions-fund-raise-chatha-foods-bulk-deal-and-durlax-top-surface-order">Krishca Strapping Solutions Fund Raise, Chatha Foods Bulk Deal And Durlax Top Surface Order</a>

Annapurna Swadisht Acquisition Cancelled, Kilburn Engineering Order And Ugro Capital Fund Raise

<h2>Krishca Strapping Solutions Ltd.</h2>Recent filing: (FUND RAISE) Board of <a href="https://www.sovrenn.com/prime/krishca-strapping-solutions-limited">Krishca Strapping Solutions</a> has approved the issuance of 21.2L equity shares at INR 233/share, aggregating to INR 49.4 Cr to non-promoters and 8L warrants at INR 233/share, aggregating to INR 18.6 Cr to promoter and non-promoter.SUMMARY: 4y Operating Profit uptrend | PE 37.3x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund Raise</a> | <a href="https://www.sovrenn.com/nested/Star%20Investors">Ace Investor</a> | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter buying </a>| Industrial ProductsFUTURE OUTLOOK: Company is targeting a 20% overall growth in revenue for FY25, including both domestic and export markets and focusing on 25% top line growth for the next five years.<ul><li>MCap of INR 493 Crore (share price = INR 409 / share) (as on 3rd Jul ‘24)</li><li>TTM PE 37.3x (as on 3rd Jul ‘24) Retail float = 20.5% (Mar-24)</li></ul>FOOD FOR THOUGHT: Volatility in Raw Material (steels) can impact profit margins.<h3>What are the products and services of Krishca Strapping Solutions?</h3>Krishca Strapping Solutions is engaged in the business of manufacturing and trading/ wholesale of Strapping Tools and Strapping Seals. Steel strapping is highly effective packaging consumable for packing heavy loads, especially in the steel industry.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>Chatha Foods Ltd.</h2>Recent filing: (BULK DEAL) Frigerio Conserva Allana bought 2.8 L shares of <a href="https://www.sovrenn.com/ipo-zone/chatha-foods-ltd.-ipo">Chatha Foods</a> at INR 104/share, aggregating to INR 2.9 Cr.SUMMARY: 3y Operating Profit uptrend | PE 41.8x (Sector PE range: 30-100) | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">New products</a> | Geographical expansion of distribution | Institutional Entry | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | <a href="https://www.sovrenn.com/discovery/consumption">Consumption</a><ul><li>MCap of INR 258 Crore (share price = INR 115 / share) (as on 3rd Jul ‘24)</li><li>TTM PE 41.8x (as on 3rd Jul ‘24) Retail float = 6.5% (Mar-24)</li></ul>FOOD FOR THOUGHT: Top 5 customers contribute to 93% of revenues<h3>What are the products and services of Chatha Foods?</h3>Founded in 1997, Chatha Foods is one of India’s recognised frozen food processors, serving top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel-Restaurant-Catering) segment. Company’s manufacturing facilities and systems are&nbsp;BRC Certified.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Durlax Top Surface Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/ipo-zone/durlax-top-surface-ipo">Durlax Top Surface</a> has completed the manufacturing of a significant order worth INR 1.3 Cr for Larsen &amp; Turbo. This order comprises Solid surface sheet intended for their prestigious project&nbsp;in&nbsp;New&nbsp;Delhi.SUMMARY: 3y Operating Profit uptrend | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | PE 27.6x (Sector PE range 30-60) | Building Material I <a href="https://www.sovrenn.com/ipo-zone">IPO</a> I Institutional Entry<ul><li>MCap of INR 140 Crore (share price = INR 84.0/ share) (as on 3rd Jul ‘24)</li><li>TTM PE 27.6x (as on 3rd Jul ‘24) Retail float = NA</li></ul>FOOD FOR THOUGHT: Negative operating cash flows for FY24.<h2>What are the products and services of Durlax Top Surface?</h2>Durlax Top Surface Ltd, formerly known as Durlax India Private Limited, specializes in the manufacturing and distribution of solid surface materials. With over a decade of experience in the solid surface business, Durlax has established two prominent brands: Luxor and Aspiron.Also Read: <a href="https://www.sovrenn.com/knowledge/taylormade-renewables-international-accreditation-for-water-credit-apar-industries-fund-raise-and-greenlam-industries-increase-in-fixed-assets">Taylormade Renewables International Accreditation for Water Credit, Apar Industries Fund Raise And Greenlam Industries Increase in Fixed Assets</a>

Get insights into Krishca's latest funding round, Chatha Foods' bulk deal acquisition, and Durlax's top surface order. Stay updated with key developments and strategic moves in the industry.

Krishca Strapping Solutions Fund Raise, Chatha Foods Bulk Deal And Durlax Top Surface Order

<h2>Shivalic Power Control Ltd.</h2>Recent filing: (BULK DEAL) Bofa Securities Europe Sa bought 2.8L shares of <a href="https://www.sovrenn.com/prime/shivalic-power-control-limited">Shivalic Power Control</a> at INR 311/share, aggregating to INR 8.7 Cr.SUMMARY: 3y Operating Profit uptrend | PE 84.8x(Sector PE range 30-60) | Institutional Entry | <a href="https://www.sovrenn.com/ipo-zone">IPO</a> | <a href="https://www.sovrenn.com/discovery/electrification">Electrification </a>| <a href="https://www.sovrenn.com/discovery/capital-goods">Capital Goods</a><ul><li>MCap of INR 827 Crore (share price = INR 343 / share) (as on 2nd Jul ‘24)</li><li>TTM PE 84.8x (as on 2nd Jul ‘24) Retail float = NA</li></ul>FOOD FOR THOUGHT: PE is above sector range.<h3>What are the products and services of Shivalic Power Control ?</h3>Shivalic Power Control Limited, is in the business&nbsp;of manufacturing LT and HT electric panels, boasts a rich 20-year operating history, with a sprawling 1,25,000 Sq. Feet in-house manufacturing facility, the company prides itself on its ability to produce a varied selection of electric panels, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronization panels, Outdoor panels, and HT Panels up to 33KV.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>NewJaisa Technologies Ltd.</h2>Recent filing: (FUND RAISE) Board of <a href="https://www.sovrenn.com/prime/newjaisa-technologies-limited">Newjaisa Technologies</a> has considered and approved the issuance of 32.4L shares at INR 98/share, aggregating to INR 31.8 Cr to non-promoter persons/entities.SUMMARY: 3y Operating Profit uptrend | PE 55x (Sector PE range 30-70) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | <a href="https://www.sovrenn.com/discovery/consumption">Consumption </a>| RefurbishmentFUTURE OUTLOOK: Company targeting high-double-digit growth with a minimum CAGR of 50%. Company expecting a 1-2% improvement in PAT. Company EBITDA margin expected to be around 14-15%.<ul><li>MCap of INR 348 Crore (share price = INR 108 / share) (as on 2nd Jul ‘24)</li><li>TTM PE 55x (as on 2nd Jul ‘24) Retail float = 10.7% (Mar-24)</li></ul>FOOD FOR THOUGHT: Negative operating cash flows for FY24.<h3>What are the products and services of NewJaisa Technologies ?</h3>The Company specializes in providing an end-to-end reverse supply chain for IT assets, primarily focusing on laptops, desktops and peripherals. Their core business model involves procuring used IT assets, refurbishing them to a condition close to new, and selling them directly to end-user customers, including business and retail customers. They aim to reduce e-waste by extending the life of IT equipment and offering high-quality computing devices with warranties at affordable prices.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>Poly Medicure Ltd.</h2>Recent filing: (FUND RAISE) Board of Poly Medicure has considered and approved raising of funds to the amount not exceeding INR 1,000 Cr via QIP.SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | PE 73.3x (Sector PE range 40-80) | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | Healthcare<ul><li>MCap of INR 18,923 Crore (share price = INR 1,972 / share) (as on 2nd Jul ‘24)</li><li>TTM PE 73.3x (as on 2nd Jul ‘24) Retail float = 4.8% (Mar-24)</li></ul>FOOD FOR THOUGHT: Volatility in raw material prices.<h3>What are the products and services of Poly Medicure?</h3>Company manufactures over 125 products using state-of-the-art technology in ultra-modern facilities, covering more than 400,000 square feet of manufacturing floor space. This includes approximately 100,000 square feet of cleanrooms ranging from class 100,000 to class 1,000 (ISO Class 7 &amp; 8). A tool room equipped with modern facilities and CNC machines supports the manufacturing processes. The company employs a high degree of automation and effective process control to deliver consistent product quality.Also Read: <a href="https://www.sovrenn.com/knowledge/cff-fluid-control-order-sanghvi-movers-subsidiary-incorporation-and-pg-electroplast-further-promoter-buying">CFF Fluid Control Order, Sanghvi Movers Subsidiary Incorporation And PG Electroplast Further Promoter Buying</a>

Explore the diverse offerings of Shivalic Power Control, NewJaisa Technologies, and Poly Medicure: In-depth insights into their products and services spanning power control systems, refurbished electronics, and advanced medical devices.

Shivalic Power Control Bulk Deal, NewJaisa Technologies And Poly Medicure Fund Raise

<h2>CFF Fluid Control Ltd.</h2>Recent filing: (ORDER) <a href="https://www.sovrenn.com/ipo-zone/cff-fluid-control-limited">CFF Fluid Control</a> has received the Letter of Intent worth INR 267 Cr for Procurement of Low Frequency Variable Depth Sonar (LFVDS) for Yard 3029-3034 (ASW SWC) fro<div class="raw-html-embed"></div>m Garden Reach Shipbuilders&nbsp;&amp;&nbsp;Engineers, needs to be delivered by 2032.SUMMARY: 3y Operating Profit uptrend | PE 101x (Sector PE range 50-100) | <a href="https://www.sovrenn.com/discovery/large-order-receipts">Large Order</a> | <a href="https://www.sovrenn.com/discovery/defence">Defence</a><ul><li>MCap of INR 1,731 Crore (share price = INR 805 / share) (as on 28th Jun ‘24)</li><li>TTM PE 101x (as on 28th Jun ‘24) Retail float = 12.9% (Mar-2</li></ul>FOOD FOR THOUGHT: Negative operating cash flow for FY24 | PE is above sector range.<h3>What are the products and services of CFF Fluid Control Limited?</h3>CFF Fluid Control Limited, specializes in fluid control products for submarines, tanks and missiles, offering a range of equipments such as isolation valves, control valves, pressure relief valves, reducing stations, fittings and orifice plates.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>Sanghvi Movers Ltd.</h2>Recent filing: (SUBSIDIARY INCORPORATION) <a href="https://www.sovrenn.com/prime/sanghvi-movers-limited">Sanghvi Movers</a> has incorporated a Wholly Owned Subsidiary namely Sangreen Future Renewables to carry on the business related to provide full-fledged turnkey services to Independent Power Producers (IPP) right from Conceptualization to Commissioning of wind turbine generator (WTG).SUMMARY: 3y Operating Profit uptrend | PE 24.9x (Sector PE range 30-60) | <a href="https://www.sovrenn.com/discovery/capital-goods">Capital Goods</a>FUTURE OUTLOOK: Company’s Order book as of April 14 2024, stands at INR 426 Cr to be executed in FY25.<ul><li>MCap of INR 4,678 Crore (share price = INR 1,080 / share) (as on 1st Jul ’24)</li><li>TTM PE of 24.9x (as on 1st Jul ’24) Retail float = 26.5% (Mar-24)</li></ul>FOOD FOR THOUGHT: Susceptibility to investment cycle in key end user industries like&nbsp;wind.<h3>What are the products and services of Sanghvi Movers?</h3>Sanghvi Movers Limited (SML) is the largest crane rental company in India and Asia. Company has a fleet of 400+ medium to large sized heavy-duty telescopic and crawler cranes ranging from 20 to 1000 MT across 130+ operational job sites in India. Its&nbsp;fleet is primarily catered for the construction of various industrial plants like Power, Steel, Cement, Fertilizers, Petrochemicals &amp; Refineries, Metros (underground as well as elevated) and Windmill sector.Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at&nbsp;<a href="https://www.sovrenn.com/education">Sovrenn Education</a>&nbsp;<h2>PG Electroplast Ltd.</h2>Recent filing: (FURTHER PROMOTER BUYING) Immediate Relative of Promoter of <a href="https://www.sovrenn.com/discovery/Revenue%20Guidance%20or%20Order%20Book%20or%20Capacity/pg-electroplast-ltd.">PG Electroplast</a> bought 63.4k shares at avg price of INR 3,006/share, aggregating to INR 19.1 Cr in the month of Jun '24.SUMMARY: 3y Operating Profit uptrend | 2q Operating Profit uptrend | PE 75x (Sector PE range: 30-70) | <a href="https://www.sovrenn.com/discovery/excellent-results-(mar-24)">Excellent Mar-24 results</a> | <a href="https://www.sovrenn.com/discovery/capacity-expansions-&amp;-new-product-launches">Capacity expansion</a> | <a href="https://www.sovrenn.com/discovery/preferential-issuance">Fund raise</a> | Institutional Entry | <a href="https://www.sovrenn.com/discovery/promoter-buying">Promoter Buying</a> | <a href="https://www.sovrenn.com/discovery/consumption">Consumption</a>FUTURE OUTLOOK: Management has provided revenue guidance of at least INR 3,400 Cr in FY25, 24% growth.<ul><li>MCap of INR 10,133 Crore (share price = INR 3,882 / share) (as on 1st Jul ’24)</li><li>TTM PE 75x (as on 1st Jul ’24) Retail float = 11.2% (Mar-24)</li></ul>FOOD FOR THOUGHT: Working capital intensive business | Highly competitive sector | PE is above sector range.<h3>What are the products and services of PG Electroplast?</h3>PG Electroplast is an end-to-end solutions provider for product design and final product assemblies for products like Air Conditioners, Washing Machines, LED Televisions, Air Coolers, and much more. The company currently caters to both ODM and OEM demand, with a continuous focus on delivering the highest standards of quality.Also Read: <a href="https://www.sovrenn.com/knowledge/cff-fluid-control-order-shilchar-technologies-rescheduling-of-capacity-expansion-krishca-strapping-solutions-fund-raise">CFF Fluid Control Order, Shilchar Technologies Rescheduling of Capacity Expansion Krishca Strapping Solutions Fund Raise</a>

Get detailed insights into CFF Fluid Control, Sanghvi Movers, and PG Electroplast. Your go-to destination for comprehensive information and updates.

Date	Title
Jul 26th 24	Sovrenn Daily News - 26th Jul 2024
Jul 25th 24	Emerald Finance Partnership, Oriana Power Order And JTL Industries Fund Raise
Jul 24th 24	Marine Electricals Order, Cellecor Gadgets New Store And Bondada Engineering Order
Jul 23rd 24	Titan Intech Institutional Selling, Gensol Engineering And KPI Green Energy Order
Jul 22nd 24	Ksolves India Good to Excellent Results, Marine Electricals Fund Raise And EMS Order
Jul 19th 24	Advait Infratech And Bondada Engineering Order, Choice International Good Results
Jul 18th 24	Ratnaveer Precision Engineering And E2E Networks Excellent results, Fiem Industries New R&D Center
Jul 16th 24	Emerald Finance Partnership, Balu Forge Industries Fund Raise And Digikore Studios Agreement
Jul 15th 24	Ceinsys Tech Asset Purchase, Kilburn Engineering Factory Acquisition And Zen Technologies New Product Launch
Jul 12th 24	Balu Forge Industries Fund Raise, H. G. Infra Engineering Lease Granted And Meson Valves India Acquisition
Jul 11th 24	Dhruv Consultancy And HPL Electric & Power Order, MOS Utility License
Jul 11th 24	50 Famous and Wealthiest Cricketers of India
Jul 10th 24	RMC Switchgears, Abhishek Integrations And H. G. Infra Engineering Order
Jul 9th 24	Rulka Electricals Order, Jupiter Wagons Fund Raise And H. G. Infra Engineering MOU
Jul 8th 24	Jeena Sikho Lifecare Empanelment, Urban Enviro Waste Management Order And GPT Infraprojects Fund Raise
Jul 5th 24	Share India Securities Subsidiary Incorporation, Yatharth Hospitals & Trauma Care Services Bulk Deal And Dynamic Cables Acquisition
Jul 4th 24	Annapurna Swadisht Acquisition Cancelled, Kilburn Engineering Order And Ugro Capital Fund Raise
Jul 3rd 24	Krishca Strapping Solutions Fund Raise, Chatha Foods Bulk Deal And Durlax Top Surface Order
Jul 2nd 24	Shivalic Power Control Bulk Deal, NewJaisa Technologies And Poly Medicure Fund Raise
Jul 1st 24	CFF Fluid Control Order, Sanghvi Movers Subsidiary Incorporation And PG Electroplast Further Promoter Buying

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