IPO Review: Global Surfaces Ltd
Moneylife Digital Team 13 March 2023
Global Surfaces Ltd (GSL) processes natural stones and manufactures engineered quartz. It has two manufacturing units: unit-1 located at RIICO Industrial Area, Bagru (Rajasthan) and unit-2 at Mahindra World City SEZ, Jaipur (Rajasthan). The units are located within 20km of each other. Unit-I is exclusively dedicated to processing natural stones such as marble, granite and quartzite. It is in...
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Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 11 March 2023
INDIAN MARKET TRENDS
From 3rd March to 10 March 2023, ML Mid-cap Index and ML Small-cap Index rose 1% each. ML Large-cap Index and ML Mega-cap Index ended flat. ML Micro-cap Index, the NIFTY and the Sensex fell 1%...
KNR Constructions: Strong Growth but Poor Record of Cash-flow Conversion
Moneylife Digital Team 11 March 2023
KNR Constructions (KNR) is one of India’s leading infrastructure project development companies providing engineering, procurement and construction (EPC) services in segments such as roads and highways, irrigation and urban water...
Vardhman Special Steels: Order from Aichi Is a Big Breakthrough
Moneylife Digital Team 09 March 2023
Vardhman Special Steels (VSSL) announced on 7th March that it has started mass production of steel for forging companies of Aichi Steel Corporation (ASC) of the Toyota group for some of the grades for which it has received the...
Max Healthcare: Steady Performance Continues
Moneylife Digital Team 08 March 2023
Max Healthcare Institute (Max) reported higher sales on annual and sequential basis, on the back of higher overall occupancy. Operating profit margin expanded from 25.3% to 27.4% y-o-y (year-on-year), while net profit margin dipped...
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