Indian Stock Market: Prime Investment Opportunities for July 15, 2024 Zen Technologies Limited at Indian Stock Market Zen Technologies Limited Rs.1,356.55/-
Zen Technologies Introduces Four New Defence Products
Zen Technologies, in partnership with subsidiary Al Turing Technologies, launches four new defence products for global security. The company projects continued growth in FY25, aiming to exceed Rs 900 crore in sales. Zen Tech’s R&D facility is located in Hyderabad, with an order book surpassing Rs 1,400 crore as of March 31. ZENTEC has delivered an astounding 1298.97% return over the past three years. Bhansali Engg Polymers Ltd at Indian Stock Market Bhansali Eng. Polymers Ltd Rs.142.28/-
Bhansali Engineering Polymers Sees Revenue and Profit Growth in Q1 2025
Bhansali Engineering Polymers’ Q1 2025 revenue increased by 20% YoY to Rs 340 crore. Net profit rose by 5.6% YoY to Rs 53.4 crore, with an EPS of 2.14. Profit margin decreased from 17% in Q1 2024 to 15% due to higher expenses. BEPL has delivered a 52.21% return over the past year. Sunteck Realty Ltd at Indian Stock Market Sunteck Realty Ltd Rs.573.65/-
Sunteck Realty Achieves Significant Sales Growth in Q1 FY25
Sunteck Realty Ltd’s sale bookings rose by 30% YoY to Rs 502 crore in Q1 FY25. Customer collections increased to Rs 342 crore, up from Rs 288 crore in the same period last year. Strong housing demand is fueling Sunteck Realty’s impressive sales growth. SUNTECK has provided a 74.53% return over the past year, reflecting robust market performance. Tata Steel Ltd at Indian Stock Market Tata Steel Ltd Rs.167.33/-
Tata Steel’s Outlook Downgraded to Negative by Fitch Ratings
Fitch Ratings changes Tata Steel Ltd’s IDR outlook to Negative from Stable. The revision reflects concerns over the turnaround of UK operations and potential risks to achieving an EBITDA leverage below 3.0x by FY25. Despite these challenges, TATASTEEL has delivered a 46.88% return over the past year. Ultratech Cement Ltd at Indian Stock Market UltraTech Cement Ltd Rs.11,728.10/-
UltraTech Cement Q1FY25 Results Announcement
UltraTech Cement Ltd. to announce Q1FY25 results on July 19, 2024. Revenue from operations grew by 12.13% from FY23 to FY24. Profits increased from Rs 5,073 crore to Rs 7,004 crore. Grasim Industries Ltd. holds a 58% stake, making it the largest shareholder. ULTRACEMCO has delivered a 40.91% return over the past year. Indian Renewable Energy Dev Agency Ltd at Indian Stock Market Indian Renewable Energy Dev Agency Ltd Rs.298.48/-
IREDA Posts Impressive Q1 FY25 Results
IREDA reports a 30% YoY increase in net profit, reaching Rs 383.69 crore for Q1 FY25. Revenue from operations rose by 32% YoY to Rs 1,510 crore. Asset quality improved, with gross NPAs reducing to 2.19% in the June quarter. IREDA has delivered a remarkable 373.77% return over the past year. Geojit Financial Services Ltd at Indian Stock Market Geojit Financial Services Ltd Rs.110.93/-
Geojit Financial Services Achieves Robust Q1 Performance
Geojit Financial Services reports Q1 net profit of Rs 45.81 crore, a 107.5% YoY increase. Consolidated revenue surged by 56.2% YoY to Rs 181.2 crore. Assets Under Management (AUM) surpassed Rs 1 lakh crore, reaching Rs 1.03 lakh crore. GEOJITFSL has provided a 125.87% return over the past year. Apollo Micro Systems Ltd at Indian Stock Market Apollo Micro Systems Ltd Rs.109.76/-
Apollo Micro Systems Secures Major Defence Contract
Apollo Micro Systems awarded the Make II project by the Indian Army for Vehicle Mounted Counter Swarm Drone System (VMCSDS) (Version I). This project is anticipated to boost the company’s revenue and enhance its standing in the defence sector. The contract may pave the way for future collaborations with the Indian Army. APOLLO has delivered an impressive 817.02% return over the past three years. Plastiblends India Ltd at Indian Stock Market Plastiblends India Ltd Rs.324.75/-
Plastiblends India Delivers Strong Q1 Performance
Plastiblends India reports a 41.8% YoY increase in Q1 net profit, reaching Rs 10.8 crore. Revenue grew by 8.1% to Rs 211.6 crore, and EBITDA surged 24.3% to Rs 16.3 crore. There are concerns about the quality of earnings due to unusual items boosting results last year. PLASTIBLEN has provided a 63.84% return over the past year. Piramal Pharma Ltd at Indian Stock Market Piramal Pharma Ltd Rs.153.75/-
Piramal Pharma Receives Clean USFDA Inspection
Piramal Pharma’s PPDS Ahmedabad facility received a Pre-Approval Inspection from USFDA with zero observations and NAI designation. The successful inspection enhances confidence in Piramal Pharma’s manufacturing standards. Despite positive regulatory news, Piramal Pharma faces significant debt obligations that could impact shareholder returns. Analysts emphasize scrutiny of Piramal Pharma’s balance sheet in light of its debt profile. PPLPHARMA has achieved a 68.45% return over the past year. V I P Industries Ltd at Indian Stock Market V I P Industries Ltd Rs.477.95/-
Investec Launches Positive Coverage on VIP Industries
Investec commences coverage on VIP Industries with a favorable Buy rating. A target price of Rs 560 suggests a potential 20% increase from current levels. The buoyant tourism sector presents promising opportunities for VIP Industries. VIP VIPIND has demonstrated a 10.77% return over the last three years. 5 Paisa Capital Ltd at Indian Stock Market 5Paisa Capital Ltd Rs.524.20/-
5Paisa Capital Shows Robust Q1 Earnings Growth
5Paisa Capital reports strong Q1 2025 earnings with an EPS of 6.43, up from ₹4.74 in 1Q 2024. Revenue increased by 18% YoY to ₹951.2 million, and net income surged by 38% YoY to ₹200.9 million. The profit margin expanded from 18% in 1Q 2024 to 21% in 1Q 2025, driven by higher revenue. 5Paisa Capital Ltd has generated a 19.93% return over the past year. Avenue Supermarts Ltd at Indian Stock Market Avenue Supermarts Ltd Rs.4,988.00/-
D-Mart’s Solid Q1: Profits Rise 17.5%, Brokerages Bullish
Avenue Supermarts (D-Mart) Q1 net profit up 17.5% YoY to ₹774 crore. Revenue grew 18.6% to ₹14,069 crore on 14% area expansion and 4% productivity growth. Gross margins improved 40 bps on higher general merchandise and apparel contribution. 6 new stores opened, total count now 371. Brokerages maintain buy/overweight, see 15% potential upside. Analysts expect high-teen revenue, earnings growth momentum. HCL Technologies Ltd at Indian Stock Market HCL Technologies Ltd Rs.1,590.55/-
HCL Tech’s Q1FY25: Mixed Bag, But Positive
HCL Technologies Ltd reported Q1FY25 results with a net profit increase of 6.8% to ₹4,257 crore. Revenue dropped 1.6% to ₹28,057 crore. EBIT declined 4.4% to ₹4,795 crore. The company maintained its FY25 revenue guidance at 3-5% in constant currency terms and an operating margin between 18-19%. HCL Tech has given 40.71% returns in the last 1 year.
Also read: Bajaj CNG Bike Bike Bruzer A Revolution In Auto Market
Top 15 Incredibly Beautiful Women from Across the World
Krystyna Pyszkova, Representing The Czech Republic, Crowned Miss World 2024!
Fashion Influencer Nancy Tyagi Makes History with Self-Stitched Outfit at Cannes Film Festival
Source: Google
Business Desk: News Lounge 24×7
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of News Lounge 24×7. We advise investors to check with certified experts before taking any investment decisions.