Droneacharya Aerial Innovations New Product Launch, Gravita India Capacity expansion And Choice International Promoter buying

Droneacharya Aerial Innovations Ltd.

Recent filing: (NEW PRODUCT LAUNCH) Droneacharya Aerial Innovations Ltd. launches FPV (First Person View) Drones for asymmetric warfare for Indian Defense. These drones are ideal low-cost options in counter insurgency, LOC/LAC, mechanized operations and have proven their worth in the recent Russia - Ukraine War and Armenia - Azerbaijan War. Providing a complete package of the platform, intelligent payloads and training, this Unmanned technology is set to be a game - changer in the Indian Defense.

SUMMARY: 3y Operating Profit uptrend | 2 semi-annual Operating Profit uptrend | PE 67.1x (Sector PE range 70-120) | Excellent Sep-23 results | New products | Strategic collaborations | Entry into International markets | Drones

  • MCap of INR 470 Crore (share price = INR 196 / share) (as on 8th Dec ‘23)
  • TTM PE of 67.1x (as on 8th Dec ‘23) Retail float = 21.4% (Sep-23)

What are the Products and Services of Droneacharya Aerial Innovations?

Incorporated in 2017, the Company provides a high-end ecosystem of Droneacharya Aerial Innovations solutions for multi-sensor Drone surveys, data processing of Drone data using robust high-configuration workstations, Drone pilot training & specialized GIS training.

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Gravita India Ltd.

Recent filing: (CAPACITY EXPANSION) Gravita India Ltd. Company’s step-down subsidiary situated in Tanzania, East Africa has started commercial production of Recycled Polypropylene Granules from its new plastic recycling plant having an annual capacity of around 1,800 MTPA. The company is already having similar plastic recycling facility in Ghana, Senegal, Mozambique, and India. The Group has made investment of INR 2.25 Cr for procurement and commissioning of the said Recycling Plant which is invested from internal accruals. Company has 12 state-of-the-art manufacturing facilities worldwide, collectively capable of processing 2,84,059 MTPA.

SUMMARY: 1y Operating Profit uptrend | 1q Operating Profit uptrend | PE 33.1x (Sector PE range 30-50) | Excellent Sep-23 results | Capacity expansion | Recycling

  • MCap of INR 7,411 Crore (share price = INR 1,074 / share) (as on 8th Dec ‘23)
  • TTM PE 33.1x (as on 8th Dec ‘23) Retail float = 14.5% (Sep-23)

What are the Products and Services of Gravita India?

Established in 1992, Gravita India Limited is one of the largest recyclers of non-ferrous metals in India. It has diversified into Manufacturing, International Trade, Turnkey Solutions in nonferrous metals, Plastics industry and in Information Technology. It has its offices and plants in India, USA, Singapore, Netherland, Sri Lanka, Ghana, Mozambique, Senegal, Tanzania, Jamaica, Mali, Mauritania, and Nicaragua.

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Choice International Ltd.

Recent filing: (PROMOTER BUYING) Promoter Group bought 9.75L shares at an average price of INR 440/share and aggregating to INR 42.9 Cr, on 4th, 5th and 6th Dec.

SUMMARY: 5y Operating Profit uptrend | 1q Operating profit uptrend | PE 46.7x (Sector PE range 20-50) | Excellent Sep-23 results | Promoter buying | Geographical expansion | Strategic collaborations

  • MCap of INR 4,430 Crore (share price = INR 445 / share) (as on 8th Dec ‘23)
  • TTM PE 46.7x (as on 8th Dec ‘23) Retail float = 2.9% (Jun-23)

What are the Products and Services of Choice International?

Incorporated in 1992, Choice International group provides tech-led financial services. It finds its legacy in resolving financial problems and bridging gaps for individuals, institutions, and governments. It is an integrated and diversified financial services group.

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