Everest Kanto Cylinder posted 47% higher PAT of Rs.38.6 cr. and is poised for significant growth in FY25 & FY26. Alembic Ltd. posts H2 PAT of Rs.121.02 cr. v/s H1 PAT of Rs.176.84 cr. with an EPS of Rs.6.89. It is attractive at Rs. 138 vs. 52-week high of Rs. 169 and paid 120% dividend for FY24. Gujarat Industries Power's 2375MW Renewable Energy Park and 1,175MW solar projects could deliver 2x returns by FY26. Harsha Engineers International posted 45% higher H1 PAT of Rs.65.01 cr. with reserves of Rs. 1084 cr. It secured a claim settlement of USD 1 mn. and a long-term supply agreement worth Euro 6-10 mn. annually. Stock may surpass its 52-week high of Rs. 611. Rhetan TMT advances its solar power project aiming for full implementation by May 2025 supporting its sustainability and cost-reduction goals. Eraaya Lifespaces' subsidiary, EbixCash, gets contracts of Rs.133.5 cr., reinforcing its leadership in smart ticketing with KSRTC and data centre solutions with ITI Ltd. Sarveshwar Foods bags an export order of 5,350 MT of Basmati rice valued at Rs.49.8 cr. from I SIFOL LLC, USA, becoming their top-rated supplier. Vikas Lifecare announces a new 20,000 sq. ft. manufacturing facility under the Rajasthan Investment Promotion Scheme focusing on advanced commodity compounds. Paisalo Digital board approves allotment of USD 50 mn. FCCBs at a conversion price of Rs.45.33/bond due in 2029, offering a potential overallotment option of USD 25 mn. Sky Gold to set up a wholly-owned subsidiary ‘Sitaare Gold & Diamonds’ in India.
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