Urban Enviro Order, Nuvama Excellent Results And Five-Star Business BoD Meeting

Urban Enviro Waste Management Ltd.

Urban Enviro Waste Management has received Work Order worth INR 78 Cr from Chandrapur City Municipal Corporation, Chandrapur for Door-to-Door collection and transportation of segregated solid waste of Chandrapur city upto processing site. This order needs to be executed over 5 years.

SUMMARY: 5y Operating Profit uptrend | 3 periods semi-annual Operating Profit uptrend | PE 32.2x (Sector PE range 25-50) | Excellent Sep-23 results | Ace investor | Waste Management

  • MCap of INR 190 Crore (share price = INR 440 / share) (as on 22nd Feb ‘24)
  • TTM PE of 32.2x (as on 22nd Feb ‘24) Retail float = 21.9% (Sep-23)

What are the products and services of Urban Enviro?

Urban Enviro Waste Management strives to provide the best-in-class Waste Management Solutions & Municipal Solid Waste (MSW) Management services comprising waste collection, transportation, segregation & disposal services across the country. The Company caters to Indian Local Bodies along with providing its services to Residential Areas, Industries, Research Institutes, Power Stations, Government & Semi Government Hospitals and Cantonment Boards to name a few.

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Nuvama Wealth Management Ltd.

Nuvama Wealth Management has posted excellent results for the quarter ending Dec-23. Sales are up 45% YoY from INR 579 Cr in Dec-22 to INR 841 Cr in Dec-23. Similarly, Net Profit up 2x from INR 87 Cr to INR 176 Cr. On a QoQ basis, Sales up 14% and Net Profit up 21%.

SUMMARY: 3y Operating Profit uptrend | 6q Operating Profit uptrend | PE 29.5x (Sector PE range 20-50) | Excellent Dec-23 results | Ace Investor | Institutional entry

  • MCap of INR 15,654 Crore (share price = INR 4,443 / share) (as on 22nd Feb ‘24)
  • TTM PE 29.5x (as on 22nd Feb ‘24) Retail float = 6.3% (Dec-23)

What are the products and services of Nuvama?

Nuvama Wealth Management, formerly known as Edelweiss Wealth Management, boasts a reputable presence in the Indian market with a rich history spanning over 25 years. The firm has established itself as a key player in the financial services industry like Wealth Management, Asset Management, Capital Markets.

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Five-Star Business Ltd.

BoD meeting, for Five-Star Business Ltd., is scheduled on 29th Feb 2024 to consider and approve the proposal for issuance of Non - Convertible Debentures through Private Placement. The funding will be used for growing the profits of the company.

(EXCELLENT RESULTS) For the quarter ending Dec-23, Sales up 47% YoY from INR 387 Cr in Dec-22 to INR 567 Cr in Dec-23. Similarly, Net Profit up 44% from INR 151 Cr to INR 217 Cr. On a QoQ basis, Sales up 9% and Net Profit up 9%.

SUMMARY: 6y Operating Profit uptrend | 7q Operating Profit uptrend | PE 27.4x (Sector PE range 20-40) | Excellent Dec-23 results | Institutional Entry | Fund raise

  • MCap of INR 21,084 Crore (share price = INR 721 / share) (as on 22nd Feb ‘24)
  • TTM PE of 27.4x (as on 22nd Feb ‘24) Retail float = 4.8% (Dec-23)

What are the products and services of Five-Star Business?

Five-Star Business Ltd. Company provides secured loans to micro-entrepreneurs and self-employed individuals for business purposes, as well as for asset creation such as home renovation or improvement, or for meeting expenses for significant economic events such as marriage, healthcare and education.

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