Pricol: Clear Growth Path
Moneylife Digital Team 22 August 2023
Pricol reported good set of results for Q1FY23-24. Sales increased by 21% year-on-year (y-o-y), operating profit increased 21% and operating profit margin remained flat y-o-y at 12.04%. Net profit...
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IPO Review: Aeroflex Industries
Moneylife Digital Team 21 August 2023
Aeroflex is a manufacturer and supplier of environmentally-friendly metallic flexible flow solution products, such as a variety of hoses, hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows,...
Tube Investments: Temporary Slowdown
Moneylife Digital Team 21 August 2023
Tube Investments of India Limited (TII) is a Murugappa group company, one of India’s leading manufacturers of engineered products used by auto companies, railways, construction, mining, agriculture and others. The company has mainly...
HG Infra: Project Monetisation Reduces Reliance on External Funds
Moneylife Digital Team 18 August 2023
HG Infra Engineering Ltd (HG Infra) reported a 19% rise in sales year-on-year (y-o-y) for the June quarter, 26% increase in operating profit and 21% rise in net profit. HG Infra expects its stand-alone FY23-24 revenue to grow 22% to...
Venus Pipes & Tubes: High Valuation but on Track To Deliver
Moneylife Digital Team 18 August 2023
Venus Pipes & Tubes (Venus) reported better than expected quarterly numbers, on the back of strong growth in direct domestic sales. It recorded highest-ever quarterly sales and profitability year-on-year (y-o-y). It was driven by...
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