2023-01-10 10:25:58
TOWER TALK 10/1/23
ITL Industries provides special purpose machines used in defence, railways, forgings, heavy engineering, etc. In H1, it posted 45% higher net profit of Rs 3.77 cr. and has huge reserve of Rs.50.62 cr. on its small equity of Rs.3.2 cr. Keep it on radar for 50% gain.
Hindustan Tin Works available at a PE of just 7x & PB ratio of just 0.58. It has huge reserves of Rs.177 cr. on its small equity of only Rs.10.4 cr. Insurance cos. hold 9.83% in it. Co. plans to set up another plant. It is the cheapest packaging share. Keep it on radar for 50% gain.
Shri Keshav Cements to treble its cement capacity to 1MMTPA by end of FY24. For H1FY23, it posted 467% higher net profit of Rs.27.62 cr. on an equity of Rs.12 cr. Keep it on your radar for 30% gain.
BF Utilities posted 1411% higher H1 net profit of Rs.136 for v/s Rs.9 cr. YoY. In 2007, this share was trading at Rs.3075 but is now available around Rs.398. With a limited downside from hereon, a big up-move may be in store any time in FY24. Keep it on your radar.
HCC posted Q2 PAT of Rs.319 cr. v/s loss of Rs.279 cr. in Q1FY23 with debt cuts finalized & finance cost set to fall to Rs.400 cr. from Rs.940 cr. It has reportedly won a Rs.1300 cr. arbitration award too. CARE has upgraded its rating to B+ from D. Keep on your radar.
PNC Infratech posted H1FY23 net profit of Rs.298 cr. It has a big order book and expects more road & infrastructure projects in the next 3-4 quarters. Keep it on your radar.
Kamat Hotels to issue preferential warrants convertible into 1 equity share at Rs.97 worth Rs.57 cr. For H1, it posted profit of Rs.7.47 cr. v/s loss of Rs.17.60 cr. in H1FY22. It is likely to post bumper Q3 due to Diwali & Xmas festival sales. Keep it on your radar for very good returns.
On Friday 6th January 2023 in a highly bearish market sentiment, a bullish breakout with volumes was seen in Flex Foods a group company of UFLEX. Keep Flex Foods on your radar for 30 to 40% gain.
Acknit manufactures hand gloves, industrial safety garments & fashionable kids wear posted 48% higher H1 net profit of Rs.4.46 cr. v/s Rs.3.02 cr. in H1FY22. It has huge reserves of Rs.59 cr. on its small equity of Rs.3 cr. Keep on your radar for 30% gain.
SNL Bearings, a group company of NRB Bearings, posted 40% higher Q2 net profit of Rs.2.68 cr. v/s Rs.1.92 cr. in Q1FY23. It has huge reserves of Rs.44.71 cr. on its small equity of Rs.3.61 cr. Keep it on your radar for very good return
Archidply Industries posted H1 net profit of Rs.7.45 cr. v/s Rs.8.61 cr. in FY22. With a boom in real estate, its next 3-4 quarters are likely to be good. If it closes above its 52-week high of Rs.105, a new trading range up to Rs.125 can open up.
Birla Cable posted 151% higher Q2 net profit of Rs.9.18 cr. v/s Rs.3.66 cr. in Q2FY22. If it closes above its 52-week high of Rs.178, a new trading range of Rs.200-225 can open up.
Believers in high risk- high profit can focus on YES Bank , Suzlon Energy & Swan Energy.
Techno Electric is going strong despite the market mayhem. Strong fundamentals, great future and attractive valuation. Not to be missed.
Technocraft Industries, a dominant player in its industry segments with no long-term debts and regular buybacks is available in single digit multiple.
NDR Auto Components into vehicle seating solutions is a zero-debt co. with good passenger vehicle manufacturers as clients has bright prospects.
BEML, a PSU manufacturing mining & construction equipment, is soon to be privatized. It is likely to attract bids from the Kalyani group of Bharat Forge, M&M, and Tata Motors. Kalyani group has proven its caliber and competence with its M4 armoured personnel carrier. Buy for quick gains.
The Adani group has incorporated a shipping subsidiary to foray into cargo and crude carrier business and may successfully bid for the shipping business of Shipping Corporation of India after the demerger of its real estate arm. Buy for 10 to 20% short-term gains. Ducon Infratechnologies into fossil IRB ROAD fuel and coal clean
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