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

Share India Securities Ltd.

Recent filing: (SUBSIDIARY INCORPORATION) Share India Securities 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

  • MCap of INR 5,974 Crore (share price = INR 303 / share) (as on 5th Jul ‘24)
  • TTM PE of 14x (as on 5th Jul ‘24) Retail float = 11.71% (Jun-24)

FOOD FOR THOUGHT: Negative operating cash flows for FY24.

What are the products and services of Share India Securities?

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.

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Yatharth Hospitals & Trauma Care Services Ltd.

Recent filing: (BULK DEAL) Plutus Wealth Management sold 25L share of Yatharth Hospital & Trauma Care Services at INR 405/share, aggregating to INR 101 Cr. ICICI Prudential Mututal Fund bought 20L shares at INR 405/share, aggregating to INR 81 Cr.

SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | PE 33x (Sector PE range 40-80) | Excellent Mar-24 results | Promoter buying | Institutional Entry | Acquisition | Hospitals

  • MCap of INR 3,780 Crore (share price = INR 440 / share) (as on 5th Jul ‘24)
  • TTM PE 33x (as on 5th Jul ‘24) Retail float = 6.9% (Mar-24)

FOOD FOR THOUGHT Negative operating cash flows for FY24.

What are the products and services of Yatharth Hospitals & Trauma Care Services?

The Company offers healthcare service across several specialties and super specialties. Company has hospitals located in Greater Noida, Noida, Noida Extension and Jhansi-Orchha.

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Dynamic Cables Ltd.

Recent filing: (ACQUISITION) Subsidiary of Dynamic Cables Services & 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) | Acquisition | Ace Investor | Solar | Commercial Services

  • MCap of INR 362 Crore (share price = INR 264 / share) (as on 5th Jul ‘24)
  • TTM PE 41x (as on 5th Jul ‘24) Retail float = 11.9% (Mar-24)

FOOD FOR THOUGHT: Negative operating cash flows for FY24.

What are the products and services of Dynamic Cables?

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 Railways. Recently, company has expanded into the solar energy sector, currently working on a 720KW project in Kakdwip, West Bengal, marking its shift towards green energy initiatives.

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