Welspun Corp locked in upper circuit post Q4; stock rallies over 40% in 2 days Welspun Group Chairman B K Goenka said: "We have not seen any note worthy effect of the sharp fall in energy prices. We continue to add to our order book, which has crossed the one million tonne mark and provides us with strong visibility for next year." He added: "Taking into account the bids we have already submitted, we are confident of better mill utilisation this year. The quality of the order book has also shown visible improvement. US demand continue to be strong and is expected .. Read more at: https://economictimes.indiatimes.com/articleshow/47091913.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Read more at: https://economictimes.indiatimes.com/articleshow/47091913.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Man Industries (India) EQAXScore is 50 out of 100.And other details are, Ownership & Dividend GDR Percentage (in %) 0 Insti Shareholding (in %) 8.63 Pledging of Promoters (in %) 71.8 Pledging out of Total Shares (in %) 39.04 Promoter Shareholding (in %) 54.37 Public Shareholding (in %) 45.63 Chg in GDRs (in PP) 0 Chg in Insti Holding (in PP) -1.43 Chg in Promoters Pledging (in PP) 4.08 Chg in Pledging out of Total Shares (in PP) 1.44 Chg in Promoter Shareholding (in PP) -1.16 Dividend Yield (in %) 1.73
thanks very much ...but Man Industries India Ltd the company’s net profit surged 1560% in the March quarter to Rs.44.79 crore. every share holder of man industries will get free share of man infra ... market cap 380 cr vs 1000/-orders pending promoter was buying in open market before result
Welspun Corp stock made two constitutive 20% upper circuit ended at Rs. 84.50 on the back of better-than-expected Q4 results. The company reported an 11-fold jump in Q4 net profit at Rs. 143.77 crore for the quarter ended March 2015 when compared with Rs. 12.62 crore in the corresponding quarter a year ago. ....so i was tempting for man lnd or ratnamani before result .....
VIJAYA IT IS OLD DATA CURRENT PE IS ONLY 7.33 General Information Analysis Date 24-Apr-15 Company Man Industries (India) F&O Listing No Result Date 31-Mar-14 BSE Code 513269 BSE Group B NSE Symbol MANINDS Sector Construction & Engineering Closing Price 57.8 Market Cap (in Rs Cr) 330.06 Avg 1M Turnover (in Rs Laks) 201.18 Avg 3M Turnover (in Rs Laks) 158.78 Mdn 1M Turnover (in Rs Laks) 131.46 Mdn 3M Turnover (in Rs Laks) 82.69 SHP Date 31-Dec-14
Ok. Yesterday's results may not have be incorporated yet. However, its results do look strange. In 3 quarters, they had earned about 9 crore Rs. In last qtr, they have earned 44 Crore Rs. It seems to good to be true. Strangely, their reserves have gone down from 660 crore to 480 crore despite this huge jump in profit. I would check out its Cash Flow Statement when it comes out.