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Mayank Kumar

2nd Dec 2024 · SEBI-Registered Analyst

OBSC Perfection raises Rs. 66 cr. for capex and is poised for strong growth in automotive, defense and telecom sectors. On the back of expanded capacities, Century Enka is set to report FY25 EPS above Rs 38 with potential returns of over 45% in the next year. Eraaya Lifespaces sets 6th Dec 24 as the record date for 1:10 stock split following its subsidiary’s successful securing of multi-year contracts worth Rs 25 cr. Jindal Worldwide, a leading denim fabric manufacturer, posts 35.2% rise in PAT and 8.3% growth in EBITDA to Rs 48.4 cr. in Q2FY25. Sarveshwar Foods’ Singapore arm secures a 12,000 MT rice order worth Rs 44.5 cr. and eyes Rs. 200 cr. annual revenue as the global rice market grows. PC Jeweller sets 16th Dec 24 as the record date for 1:10 stock split following the allotment of 3.39 cr. equity shares to non-promoter public category. Hardwyn India is on a growth path with 2:5 bonus share issue after posting a stellar Q2FY25 performance with 61.7% rise in revenue and 172.5% growth in PAT to Rs 4.04 cr. MIC Electronics gets a buy call from Anand Rathi with target price of Rs 90 after Q2FY25 revenue rose 156.3% and PAT grew to Rs 2.12 cr. Paisalo Digital approves up to USD 75 mn. fund raise through FCCBs with Q2FY25 AUM rising 19% YoY to Rs 4,535.2 cr. and revenue up 33% YoY to Rs 373.6 cr. PNC Infratech posted 100% higher H1 EPS of Rs.25.7, which may lead to FY25 EPS of Rs.45+ from Rs.35.5 in FY24. The share trades at a forward P/E of just 6.6x v/s industry average P/E of 39x.

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