Krishna Defence Fund Raise, BLS International And HPL Electric Order
Krishna Defence & Allied Industries Ltd.
Recent filing: (FUND RAISE) BoD considered and approved the issuance of 8.6L warrants and 14.1L equity shares at INR 304 each, aggregating to INR 69 Cr on Preferential basis.
(BREAKOUT) Krishna Defence & Allied Industries Ltd. Company’s shares gave a breakout yesterday.
SUMMARY: 4y Operating Profit uptrend | 2 semi-annual Operating Profit uptrend | PE 67.0x (Sector PE range 50-100) | Fund raise | Defence
- MCap of INR 422 Crore (share price = INR 343 / share) (as on 13th Dec ‘23)
- TTM PE 67.0x (as on 13th Dec ‘23) Retail float = 14.9% (Sep-23)
What are the Products and Services of Krishna Defence?
Krishna Defence & Allied Industries has comprehensive in-house capabilities of designing, developing and manufacturing a wide range of equipment for defence, security, dairy and mega kitchen verticals. Its clientele includes Indian Army, DRDO, Goa Shipyard, Amul, Keventers etc.
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BLS International Ltd.
Recent filing: (ORDER) BLS International Ltd. once again wins the contract for outsourcing Consular, Passport and Visa services by the High Commission of India in Canada.
(DRHP) BLS E-Services, subsidiary of the Company, filed the DRHP dated 4 August 2023 with the SEBI, BSE and NSE for an IPO of upto 2.4 Cr fresh equity shares. Subsidiary has been notified that it has received final observation letter from SEBI and in listing approvals from stock exchanges.
SUMMARY: 3y Operating Profit uptrend | 5q Operating Profit uptrend | PE 48.5x (Sector PE range 30-60) | Partnerships | Promoter buying
- MCap of INR 12,947 Crore (share price = INR 314 / share) (as on 13th Dec ‘23)
- TTM PE 48.5x (as on 13th Dec ‘23) Retail float = 9.7% (Sep-23)
What are the Products and Services of BLS International ?
BLS International Limited is a globally trusted and highly esteemed tech-enabled service partner for governments and citizens. The company has established itself as one of the top 2 players in the field of visa, passport, consular, and citizen services. Since its establishment in 2005, BLS International has been setting industry benchmarks and delivering comprehensive solutions in various areas, including e-governance, attestation, biometrics, e-visa, and retail services.
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HPL Electric & Power Ltd.
Recent filing: (ORDER) HPL Electric & Power Ltd. wins INR 545 Cr Smart Meter orders from various prestigious customers.
SUMMARY: 3y Operating Profit uptrend | 1q Operating Profit uptrend | PE 39.9x (Sector PE range 30-70) | Excellent Sep-23 results | Orderbook of INR 2,000 Cr (as on 6th Nov 2023) | Partnerships | Smart Meter
- MCap of INR 1,419 Crore (share price = INR 221 / share) (as on 13th Dec ‘23)
- TTM PE 39.9x (as on 13th Dec ‘23) Retail float = 19.7% (Sep-23)
What are the Products and Services of HPL Electric & Power ?
HPL Electric & Power Ltd. is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry. HPL had the largest market share in India's electricity energy meters market, with one of the most comprehensive portfolios of meters in India.
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