Vinsys IT Services Breakout, Manoj Ceramic Bulk Deals And Ramkrishna Forgings MOU
Vinsys IT Services Ltd.
Recent filing: (BREAKOUT) Vinsys IT Services Ltd. Company's shares have given a 2-month breakout.
(BUSINESS OUTLOOK) In its interview with Sovrenn, the Management stated its plan to expand its IT Training division further in the Middle East via increasing presence in Saudi Arabia, Qatar, etc., capitalising on its position as the top 1/2 player in the region. It will also expand further in the US market, with its recent hires. Within Software Development division for government projects, the Company foresees exponential growth, particularly following its successful implementation of a rural development project related to teacher transfer process in schools. The entire interview is available at https://sovrenn.com/prime
SUMMARY: 3y Operating Profit uptrend | PE 21.9x (Sector PE range 30-50) | Geographical expansion | Ace Investor | New-Age IT
- MCap of INR 438 Crore (share price = INR 299/ share) (as on 11th Jan ‘24)
- TTM PE 21.9x (as on 11th Jan ‘24) Retail float = 9.8% (Sep-23)
What are the Products and Services of Vinsys IT Services?
Vinsys IT Services is a globally recognized provider of a wide array of professional services designed to meet the diverse need of organizations across the globe. Company specializes in Technical & Business Training, IT Development s& Software Solutions, Foreign Languages Services, Digital Learning, Resourcing & Recruitment and consulting.
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Manoj Ceramic Ltd.
Recent filing: (BULK DEALS) In Jan 2024, Viney Equity Market Llp bought 3.3L shares at an average price of INR 82/share and aggregating to INR 2.7 Cr. Manoj Agarwal bought 60k shares of Manoj Ceramic Ltd. at INR 74/share, aggregating to INR 44L. Company got listed on 3rd Jan 2024.
SUMMARY: 3y Operating Profit uptrend | PE 16.4x (Sector PE range 30-60) | Fund raise (IPO) | Bulk Deal
- MCap of INR 78.7 Crore (share price = INR 94.4 / share) (as on 11th Jan ‘24)
- TTM PE 16.4x (as on 11th Jan ‘24) Retail float = NA (Sep-23)
What are the Products and Services of Manoj Ceramic?
The Manoj Ceramic Ltd. Company specializes in Ceramic Tiles and Tile Adhesive. The Ceramic Tiles collection boasts diverse design, colours and sizes. Working closely with manufacturers, the finalizes designs are supplied to dealers, retail showrooms, exported and sold in B2B dealings with architects, builders and contractors.
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Ramkrishna Forgings Ltd.
Recent filing: (MOU) Ramkrishna Forgings Ltd. has announces Strategic Partnership with McKinsey for a comprehensive Transformation Program. Under this consultancy agreement, McKinsey will spearhead a comprehensive 15-month transformation program that spans across crucial facets of the Company's operations. The focus areas include Manufacturing, Logistics, Procurement, Manpower, Inventory, Pricing, and more. The strategic collaboration aims to streamline processes, enhance capabilities, and implement cutting-edge digital systems to ensure sustained success and drive margin improvement.
SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 49.2x (Sector PE range 30-50) | Fund raise | Capacity expansion | Acquisition | Geographical expansion | Promoter buying | Railways
- MCap of INR 14,280 Crore (share price = INR 790 / share) (as on 11th Jan ‘24)
- TTM PE 49.2x (as on 11th Jan ‘24) Retail float = 10.7% (Sep-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.