#KTKBANK , #TATAELXSI , #SSWL Filatex India, Hathway Bhawani Cabletel, HPL Electric & Power, Indbank Merchant Banking Services, Ind Bank Housing, ATV Projects India, Continental Securities, Mideast Integrated Steels, Trade Wings, Vikas Multicorp will announce their quarterly earnings on January 12
Earnings Fineprint: Steel Strips Wheels Q2FY21 (YoY)
· Revenue up 12% to Rs 404.7 crore from Rs 362 crore
· Net profit up 82% to Rs 14 crore from Rs 7.7 crore
· Ebitda up 20% to Rs 49.8 crore from Rs 41.4 crore
· Ebitda Margin at 12.3% from 11.4%
· Cash and cash equivalents currently at Rs 24.7 crore from Rs 31.5 crore
· Shares gained as much as 13%
For the quarter ended June 30, 2022, the company has reported a standalone total income of Rs 1016.11 crore, down 4.92 per cent from last quarter total income of Rs 1068.74 crore and up 49.34 per cent from last year same quarter total income of Rs 680.40 crore.
Triton EV approaches Supreme Court to be able to bid for AMW subsidiary
On September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency Resolution Process (CIRP). On September 21, 2021, the Committee of Creditors (CoC) approved the resolution plan submitted by the Steel Strips Wheel in the absence of any other viable resolution plan.
The launch of new Scorpio Classic SUV is a part of the company's plan to maintain the old-generation Scorpio's fan base by continuing to provide it in a new form following the release of the all-new Scorpio-N, which is a very new car overall.
PMS report card: How funds run by Mukherjea, Samir Arora performed in March
The biggest gainer of the year was Growth Plus Value Strategy of Care Portfolio Managers that delivered 13.5 per cent. Launched over a decade ago, it gives higher weightage to lower valuation multiple, especially from smallcap companies.