Jeena Sikho Lifecare Empanelment, Titagarh Rail JV For Business Expansion, Share India Securities Good To Excellent Results

Jeena Sikho Lifecare Ltd.

Recent filing: (EMPANELMENT) Jeena Sikho Lifecare Ltd. Company’s 12 Ayurveda Panchkarma Hospitals situated in Dera Bassi, Murad Nagar, Lucknow, Paschim Vihar, Gurugram, Safdarjung, Amritsar, Kota, Ajmer, Jaipur, Udaipur and Jodhpur have been empanelled with NIVA Bupa Health Insurance for providing Cashless Ayurveda Panchkarma Treatment.

SUMMARY: 4y Operating Profit uptrend | 3 semi-annual Operating Profit uptrend | PE 29.9x (Sector PE range 40-80) | Excellent Sep-23 results | Expanding hospital count | Promoter buying | Fund entry

  • MCap of INR 1,616 Crore (share price = INR 650 / share) (as on 25th Jan ‘24)
  • TTM PE 29.9x (as on 25th Jan ‘24) Retail float = 9.1% (Sep-23)

What are the products and services of Jeena Sikho Lifecare?

Founded in 2009, Jeena Sikho Lifecare Limited is an Ayurveda based healthcare company headquartered in Zirakpur. It has a chain of 150+ Ayurvedic clinics all over India and a certified team of 200+ Ayurveda doctors.

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Titagarh Rail Systems Ltd.

Recent filing: (JV FOR BUSINESS EXPANSION) Titagarh Rail Systems and Amber group forge a strategic alliance to enter Train components and subsystems business in India and Italy by way of a JV/ SPV. Under this agreement, both parties will invest upto INR 120 Cr each to acquire equal control in the SPV for setting up the new railway component business as well as fresh equity investment in Firema, Italy. This SPV will set up a new facility in India to manufacture critical railway components & subsystems used in the manufacture of Railway & Metro coaches and will also make fresh equity investments into Titagarh Firema SpA, Italy, an associate of the Titagarh Group, alongwith new investment to be made by the Government of Italy’s investment arm, Invitalia, for which an in-principle nod has been obtained.

SUMMARY: 5y Operating Profit uptrend | 5q Operating Profit uptrend | PE 70.5x (Sector PE range 40-70) | Excellent Sep-23 results | Fund raise | Orderbook INR 28,212 Cr (Sep-23) | New Products | Partnerships | Railways

  • MCap of INR 15,025 Crore (share price = INR 1,116 / share) (as on 25th Jan ‘24)
  • TTM PE 70.5x (as on 25th Jan ‘24) Retail float = 20.1% (Dec-23)

What are the products and services of Titagarh Rail Systems?

Company caters to passenger rolling stock including trains range expands to include electric propulsion equipment such as traction motors and vehicle control systems. Titagarh also designs and manufactures wagons such as container flats grain hoppers, cement wagons, clinker wagons tank wagons.

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Share India Securities Ltd.

Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Dec-23, Sales up 35% YoY from INR 277 Cr in Dec-22 to INR 374 Cr in Dec-23. Similarly, Net Profit up 24% from INR 92 Cr to INR 115 Cr. On a QoQ basis, Sales up 2% and Net Profit up 2%.

SUMMARY: 7y Operating Profit uptrend |2q Operating Profit uptrend | PE 14.8x (Sector PE range 20-40) | Excellent Dec-23 results | Fund raise

  • MCap of INR 6,177 Crore (share price = INR 1,883 / share) (as on 25th Jan ‘24)
  • TTM PE of 14.8x (as on 25th Jan ‘24) Retail float = 9.5% (Dec-23)

What are the products and services of Share India Securities?

Share India Securities is one of India’s leading tech-based financial service provider. The Company offers customized capital market solutions to its clients and has recently launched its algo trading platform for clients. Company has ~2% market share in cash market, ~2% market share in futures and ~5% market share in options on basis of turnover. Via its subsidiaries, it is also present in NBFC business, insurance broking, merchant banking, portfolio management and mutual funds distribution.

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