Ashish Kacholia portfolio stock: Ace Investors picks stake in this multibagger forging company; hits 52-week high! Ashish Kacholia portfolio stock: Ace Investors picks stake in this multibagger forging company; hits 52-week high! The stock is up by 50 per cent in just 1 month and generated multibagger returns of 140 per cent in 6 months. Kiran Shroff / Thursday, June 22, 2023 0 5887 Article rating: 3.9 According to the financials, Balu Forging has a market cap of Rs 1,257.56 crore with a 3-year CAGR of 58 per cent. The net sales increased by 50.42 per cent to Rs 123.78 crore and the net profit increased by 43.27 per cent to Rs 15.24 in Q4FY23 over Q4FY22. The net sales increased by 14.18 per cent and the net profit increased by 30.39 per cent in FY23 over FY22. Read more
950 per cent returns in this multibagger stock: Don’t miss action in this small-cap stock as FII buys stake post buyback! 950 per cent returns in this multibagger stock: Don’t miss action in this small-cap stock as FII buys stake post buyback! The stock gave multibagger returns of 950 per cent in just 2 years whereas BSE Sensex Index is up by 20.83 per cent. Kiran Shroff / Thursday, June 22, 2023 0 8087 Article rating: 4.0 According to the financial, the company reported positive numbers in its quarterly results and annual results. The stock has a ROE of 39 per cent and a ROCE of 49 per cent. The promoter’s holding is 70 per cent and the rest is owned by FIIs and the public as of March 2023. Read more
Low PE High ROE stock: This civil construction company executed an order worth Rs 758.10 crore! Low PE High ROE stock: This civil construction company executed an order worth Rs 758.10 crore! The stock is up by 16.50 per cent in just 1 month and over 35 per cent in 3 months. Kiran Shroff / Wednesday, June 21, 2023 0 4728 Article rating: 3.5 Order Book: The order book as on March 31, 2023 stands at Rs 19,530 crore. During the year (2022-2023), the company bagged 7,900 crore orders and 7,250 crore lowest bidder (L1) orders. The order book as of today stands at Rs 20,615.47 crore. Read more
Low PE high ROE penny stock under Rs 10: This micro-cap civil construction receives order worth over Rs 37 crore! Low PE high ROE penny stock under Rs 10: This micro-cap civil construction receives order worth over Rs 37 crore! The stock is up 65 per cent in just 1 month Kiran Shroff / Wednesday, June 21, 2023 1 10870 Article rating: 3.6 According to the financials, the company reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22. Read more
Heavy buying witnessed: Back-to-back upper circuit and 52-week high in this micro-cap multibagger stock; do you own it? Heavy buying witnessed: Back-to-back upper circuit and 52-week high in this micro-cap multibagger stock; do you own it? The stock has gained momentum in the past 2 years as it has given multibagger returns of more than 680 per cent returns. Vaishnavi Chauhan / Wednesday, June 21, 2023 0 903 Article rating: 3.4 The operating profit for Q4FY23 is at Rs 3.38 crore, surge of 1436.36 per cent on YoY basis as compared to Q4FY22. Read more