Guess who landed a Rs 6 crore order from Universal Sompo General Insurance Company Ltd?
The company will provide Universal Sompo with printing & dispatch and bulk scanning services.
DJ MediaPrint & Logistics Ltd., formerly known as DJ Logistic Solutions Pvt Ltd., has announced securing a substantial contract with Universal Sompo General Insurance Company Limited. According to the press release dated April 19, 2024, DJ MediaPrint & Logistics will provide Universal Sompo with printing & dispatch and bulk scanning services. This collaboration is set to be for a duration of five years.
The contract, valued at Rs 6 crore, highlights the domestic nature of the order, emphasising that the services will be rendered within India. There are no interests from promoter/promoter group/group companies in the entity awarding the contract, ensuring transparency and integrity in the transaction.
DJ MediaPrint & Logistics Ltd. has also ensured that this business agreement does not fall under related party transactions, and all dealings are being conducted at arm's length, preserving professional standards and compliance with relevant regulatory requirements. This contract is a significant addition to DJ MediaPrint & Logistics Ltd.'s portfolio, enhancing its reputation in the print and logistics sector and potentially leading to further business opportunities and growth. The company has also made this information publicly available on its website for transparency.
DJ Mediaprint & Logistics Ltd. is a premier provider of integrated printing and logistics solutions, catering to diverse sectors in India and abroad. It offers a range of services including Bulk Mailing, Speed Post, Records Management, and more. The company processes over 40 to 50 lakh articles monthly, employing hundreds and serving over 1000 organizations like LIC and Dish TV. It began as a sole proprietorship in 1999 and evolved into a comprehensive enterprise, maintaining high-quality standards and achieving ISO 9001:2015 certification.
DJ MediaPrint & Logistics Ltd. holds a market capitalisation of Rs 256 crores, with its current stock price at Rs 236, fluctuating between a high of Rs 241 and a low of Rs 125. The stock's Price-to-Earnings (P/E) ratio stands at 69.4, indicating a premium market valuation. The company’s book value is Rs 26.7, and it offers a modest dividend yield of 0.07 per cent. The Return on Capital Employed (ROCE) is robust at 16.0 per cent, with a Return on Equity (ROE) of 12.4 per cent, reflecting efficient management and profitability.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s ‘Flash News Investment' weekly Newsletter recommends profit-making ideas for you based on fundamental and technical analysis. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details here.
Related articles
-
Multibagger penny stock at Rs 42 with 1,800 per cent returns: This micro-cap company imports new high-tech machinery worth Rs 1 crore to boost production and enter new markets
-
Multibagger in just 1 year: This iron & steel company bags new orders worth Rs 611 crore from Latin America
-
Rs 500,00,00,000 order victory & DIIs increase stake: This castings & forgings company receives order to supply brake flanges for US utility vehicles under a multi-year contract!
-
Rs 10,000 crore orders and Rs 55,300 crore order book: This multibagger civil construction company bags huge orders from Greater Noida Authority
-
Mulltibagger from its 52-week low: This micro-cap company bags new orders worth Rs 47,40,00,000 from various clients across India
-
Rs 400,00,00,000 order: This small-cap castings & forgings company breaks ground in passenger vehicles market with a large order win from a leading Indian automaker
-
Multibagger penny stock at Rs 22: This electrical equipment company bags new orders worth Rs 40,00,00,000 in West Bengal
-
300 per cent returns and promoters & FIIs increase stake: This multibagger aerospace & defence company bags new order worth Rs 25.58 crore from IOCL
-
650 per cent returns from its 52-week low: This micro-cap company receives new order worth Rs 13,34,00,000 from Indian Railways!
-
Rs 5,100 crore order book & Quant MF bought 22,50,000 shares: This multibagger railways telecom company bags order worth Rs 1,62,73,00,000 from Navodaya Vidyalaya Samiti!
-
Multibagger penny stock below Rs 35: This micro-cap company bags new order worth Rs 40,00,000 from Public Health Engineering Directorate, Government of West Bengal!
-
Multibagger from its 52-week low: This IT-software company bags new order worth Rs 400 crore from Hyundai AutoEver Corp, Seoul, Korea!
-
Mukul Agrawal’s portfolio multibagger stock: This iron & steel company receives order worth Rs 150 crore from Gensol Engineering Limited!
-
Rs 3,467 crore order book: This civil construction company bags new orders worth Rs 116.56 crore from NW Railway!
-
Rs 88,000 crore order book: This multibagger aerospace & defence company bags new orders worth Rs 1,034.31 crore from Mazagon Dock Shipbuilders Ltd & various other clients!
-
Rs 1,300 crore order book & 52-week high alert: This multibagger company bags new orders worth Rs 400 crore from domestic & international customers!
-
Rs 3,699 crore order book: This multibagger heavy electrical equipment company bags new orders worth Rs 32,45,00,000 from NTPC Ltd & Maithon Power Ltd!
-
Rs 1,695 crore order book: This multibagger telecom infrastructure company bags new orders worth Rs 30,82,75,000 from Bharti Airtel Ltd!
-
FII bought 1,67,000 shares of this drone company; Stock in green after it secured a prestigious contract from the Indian Army, Ministry of Defence – know more here!
-
65 per cent from its 52-week low: This micro-cap company receives order worth Rs 60,00,000 from Ernst and Young LLP!