DSIJ Mindshare

Net profit jumps 334.6 percent; Company Pursuit of Higher margins, do you own it?

The profitability picture is notably positive, with Net Profit witnessing a remarkable 334.6 per cent year-on-year growth, reaching Rs 482.0 Crores.

Prajwal Wakhare 0 7323 Article rating: 4.0

The Company's strategy focuses on capturing higher-margin opportunities in Steel, Stainless Steel, Ferro Alloys, and Aluminium Foil Products, aligning with SMEL's goal of generating long-term value for stakeholders.

52-week high alert: This mid-cap company announces commissioning of production capacities at their manufacturing facility in Jamuria, West Bengal!

The stock is up by 22 per cent in just 6 months and over 30 per cent in 1 year.

Kiran Shroff 0 8817 Article rating: 3.7

The company has a market cap of over 9,500 crore and reported positive numbers in its quarterly results and annual results. As of March 2023, the shareholding pattern of the company indicates that the majority stake of 88.35 per cent is held by the company's promoters, while the remaining ownership is divided among DIIs (3.17 per cent), FIIs (0.65 per cent) and the general public (7.84 per cent).

52-week high alert: This mid-cap company commissions enhanced captive power & sponge iron capacity!

The stock is up by 22 per cent in just 1 month and over 40 per cent in 3 months.

Kiran Shroff 1 9843 Article rating: 3.9

The stock is hitting back-to-back 52-week highs in the recent trading sessions. The shares of the company have a PE of 11x whereas the industry PE is 33.60x.

RSS
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR