Srivari Spices & Foods Expansion of Distribution , Ramkrishna Forgings Promoter Buying And Power Mech Projects Order
Srivari Spices & Foods Ltd.
Recent filing: (EXPANSION OF DISTRIBUTION) Srivari Spices & Foods has successfully placed its products in 29 Ushodaya Supermarket stores across Hyderabad and Secunderabad. This strategic initiative is in line with Company’s expansion of distribution channels.
SUMMARY: 4y Operating Profit uptrend | 2h Operating Profit uptrend | PE 33.8x (Sector PE range 30-100) | Excellent Sep-23 results | Expanding distribution | Consumption
- MCap of INR 176 Crore (share price = INR 246 /share) (as on 15th Mar ‘24)
- TTM PE 33.8x (as on 15th Mar ‘24) Retail float = 13.9% (Sep-23)
What are the products and services of Srivari Spices & Foods ?
Company specializes in the production and distribution of a diverse range of organic food products, primarily focusing on spices and flour (chakki atta). These products are meticulously crafted to maintain their natural freshness, nutritional value and authenticity. Company’s commitment to using high quality, hand-piked raw materials set it products apart in terms of taste, aroma and health benefits.
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Ramkrishna Forgings Ltd.
Recent filing: (PROMOTER BUYING) Promoter of Ramkrishna Forgings Ltd. bought 30k shares at INR 630/share, aggregating to INR 1.9 Cr on 13th Mar 2024.
SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | PE 35.5x (Sector PE range 30-50) | Excellent Dec-23 results | Fund raise | Capacity expansion | Acquisition | Geographical expansion | Promoter buying | Railways
- MCap of INR 11,231 Crore (share price = INR 621 / share) (as on 15th Mar ‘24)
- TTM PE 35.5x (as on 15th Mar ‘24) Retail float = 10.6% (Dec-23)
What are the products and services of Ramkrishna Forgings ?
Ramkrishna Forgings is involved in the manufacturing & sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is a supplier to various sectors like Automotive, Railways, Farm Equipment, Bearings, Oil & Gas, Power and Construction, Earth Moving & Mining, both in India & overseas.
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Power Mech Projects Ltd.
Recent filing: (ORDER) Power Mech Projects has received an order worth INR 306 Cr for the construction of electrified 4th Railway BG Line in between Rajnandgaon Dongargarha and Bhilai- Ourg link block station, in the state of Chhattisgarh in South East Central Railway on EPC basis. This project has to be executed over 30 months.
SUMMARY: 3y Operating Profit uptrend | 2q Operating Profit uptrend | PE 30.8x (Sector PE range 30-50) | Excellent Dec-23 results | Fund raise | Orderbook INR 57,328 Cr (Nov ‘23), 14x of TTM Sales | Electrification
- MCap of INR 7,358 Crore (share price = INR 4,655 / share) (as on 15th Mar ‘24)
- TTM PE 30.8x (as on 15th Mar ‘24) Retail float = 10.5% (Dec-23)
What are the products and services of Power Mech Projects ?
Established in 1999, Power Mech Project is one of the leading infrastructure-construction companies based in Hyderabad with global presence, providing spectrum of services in power and infrastructure sectors. Strategic foray into Railways, Water Projects, Roads, Coal Mining, Cross Country Pipelines, Material Handling & Manufacturing leading to widening focus from Power to Non-Power sectors.