Narmada Gelatines posted PAT of Rs.7.83 cr. in H1 with EPS of Rs.13, which may lead to FY25 EPS of Rs.27+. With reserve of Rs.103 cr., stock looks attractive at Rs.348, vs. its 52-week high of Rs.460. Indian Toners & Developers rose 44% PAT of Rs.5.51 cr. in Q2. With Rs.183 cr. in reserves and a PE of 13x, stock at Rs.288 offers strong potential vs. its 52-week high of Rs.418. Mercury EV Tech approves allotment of 1.45 cr. equity shares and 4.53 cr. convertible warrants on a preferential basis. Evexia Lifecare signs a term sheet to acquire a stake in Diponed Bio at an investment of Rs. 20 cr. Its Q2FY25 revenue rose 169.61% and PAT surged 200% QoQ to Rs. 72.60 lakh. MIC Electronics reported 37.56% QoQ rise in Q2FY25 EBITDA and 8.18% PAT growth to Rs. 212.59 lakh. It incorporated a subsidiary, Mick Digital India for smart and digital meters. Standard Capital Markets raises Rs. 60 cr. via NCDs. To issue 50,000 secured, unlisted, unrated, redeemable NCDs totalling Rs. 500 cr. on a private placement basis and raised Rs. 70 cr. by allotment.
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