Friday, 20 January 2023
Duroply Industries
Duroply Industries posted H1 net profit of Rs.2.25 cr. v/s loss of Rs.3.49 cr. in H1FY22. Results in H2FY23 may be better due to boom in real estate.
WPIL Ltd
100% dividend paying WPIL Ltd. posted 37% higher H1 net profit of Rs.47.89 cr. It has huge reserves of Rs.646 cr. on its small equity of only Rs.9.77 cr. Promoters hold 70.69% and are buying shares from the market, which is a positive sign.
Cochin Minerals & Rutile
Dividend paying Cochin Minerals & Rutile posted H1 net profit of Rs.26.66 cr. on its small equity of Rs.8 cr. giving an annu1lized EPS of Rs.68.
Mishra Dhatu Nigam
Mishra Dhatu Nigam, manufacturer of special steels & super alloys for defence, nuclear, aeronautics & space applications, has set up an armour facility at Rohtak to be commissioned shortly and will be a big game changer.
Nelcast
Nelcast manufactures grey & ductile castings for automobiles & railways. Around 25% of its revenue is from exports and the depreciating Rupee is beneficial.
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.
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