Friday, 20 January 2023

RCF Ltd

RCF Ltd. is the 4th largest producer of fertilizers and recorded its highest ever quarterly performance due to shortage in global markets. Its H2 working should also be very good. Stock is available at an attractive valuation & FIIs are raising their stake.

Sinclair Hotels

Debt-free & good dividend paying Sinclair Hotels has 9 iconic hotels but available at attractive valuation and is the cheapest hotel share. It recently sold 1-acre extra land in Kolkata for Rs.27 cr. and has huge cash reserves.

Sarveshwar Foods

Sarveshwar Foods of J&K is more than a rice processor with the ‘Nimbark’ brand of organic foods and is raising fresh capital at Rs.81/share for future growth

Geekay Wires

Geekay Wires, manufacturer and exporter of variety of steel wires, has notched 79% higher Q2 EPS of Rs. 3 and 78% higher H1 EPS of Rs. 5.8 as against Rs. 8.7 in FY22. It is all set to garner FY23 EPS of Rs. 14 on the back of solid demand in India and abroad.

Shilp Gravures

Shilp Gravures*, the pioneer and leader in Electro-Mechanical Engraving, has garnered 68% higher Q2 EPS of Rs. 6.4 and H1 EPS of Rs. 7.8 which may take FY23 EPS to around Rs. 18+ on its equity of Rs. 6.1 crore.

Rain Industries

Rain Industries with a global calcination capacity, CPC blending, coal tar distillation, advanced materials and cement production in 8 countries has notched 71% higher Q3CY22 EPS of Rs. 12 and 100% higher 9MCY22 EPS of Rs. 40 as against Rs. 17.3 YoY. This could take CY22 EPS to over Rs. 45.

GIC Housing Finance

GIC Housing Finance, a PSU, has notched 24% higher Q2 EPS of Rs. 10.4 and 99% higher H1EPS of Rs. 17.7 as against Rs. 32.2 in FY22. This could lead to FY23 EPS of Rs 45.

India Daybook – Stocks in News

*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY  *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...