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Shaly Gupta

8th Dec 2024 · SEBI Registration INH000016108

Manaksia Coated Metals & Industries raises Rs 134.55 cr. via preferential equity warrants. Sky Industries launches a new product display center in Mumbai on 4th December 2024. Kore Digital announces 2:1 bonus issue with 81.41 lakh shares and raises authorized share capital to Rs 12.50 cr. Unihealth Hospitals approves a capital infusion in subsidiary, UMC Hospitals, through a rights issue of 74.48 lakh equity shares at Rs 10 each. Rane Engine Valve derives 50% of its revenue from EVs catering to diverse auto segments. It trades at a P/E of under 15x. The stock looks promising at Rs.435. Multibase India, the only listed player in silicone tech for airbags offers an attractive entry at Rs.350, down from Rs.650. It declared an interim dividend of Rs.53 per share. MOIL, a government enterprise, has dropped/ corrected from Rs.588 to Rs.350. Global manganese ore shortages make it appealing for risk takers. TRF, a Tata group firm with EBITDA of Rs.55 cr. and a market cap under Rs.500 cr., offers strong value at current levels. Walchandnagar Industries, focused on high-entry-barrier sectors like defense and aerospace is now at Rs.250, nearly half its 52-week high of Rs.440. ACC, among Adani stocks, trades at significantly lower valuations than other cement peers. Medium-term investors may gain 50% while long-term investors may reap 80% growth.

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