DSIJ Mindshare

According to quarterly results and annual results, the company reported positive numbers. In Q1FY24, the company reported net sales of Rs 76.20 crore and a net profit of Rs 2.49 crore. In FY23, the net sales increased by 23 per cent to Rs 315 crore and net profit increased by 10 per cent to Rs 11 crore compared to FY22.

According to the quarterly results, the net sales increased by 1.35 per cent to Rs 1,056 crore and net profit increased by 8.7 per cent to Rs 150 crore in Q1FY24 compared to Q1FY23. According to the annual results, the net sales increased by 44 per cent to Rs 4,378 crore and net profit increased by 8 per cent to Rs 546 crore in FY23 compared to FY22.

Among the Nifty 50 stocks, notable gainers included Coal India, L&T and IndusInd Bank

SEML has a market cap of Rs 107.50 crore. The net sales increased by 77.34 per cent to Rs 60.81 crore and net profit increased by 280.92 per cent to Rs 6.59 crore in H2FY23 over H2FY22.