STOCK TO KEEP AN EYE ON!!
Vardhman Special Steels Ltd
1-Company has reduced debt.
2-Company is expected to give good quarter
3-Company has delivered good profit growth of 53.30% CAGR over last 5 years
4-Good time to consider, as stock is not in overbought zone
5-Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
6-In last 6 months, promoter holding in the company has increased by 1.08%
7-Pledged promoter holdings is insignificant
8-Promoters increasing shareholding QoQ
9-MACD Crossover Above Signal Line
10-New 52 Week High
11-Good quarterly growth in the recent results
12-Growth in Net Profit with increasing Profit Margin (QoQ)
13-Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
14-Increasing profits every quarter for the past 4 quarters
15-Company with Zero Promoter Pledge
16-FII / FPI or Institutions increasing their shareholding
17-Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
18-Companies with rising net profit margins - quarterly as well as TTM basis
19-Strong Momentum: Price above short, medium and long term moving averages
About The Company
Business: Manufacture of basic iron and steel
Incorporated: 2010
Chairman: Rajeev Gupta
Managing Director: Sachit Jain
Group: Vardhman
Listing: NSE: VSSL, BSE: 534392
Headquarters: Ludhiana, Punjab
Key Facts
Market Cap: R 1,203.06 Cr
Revenue (TTM): R 1,199.36 Cr
Earnings (TTM): R 84.77 Cr
Cash: R 7.31 Cr
Total Debt: R 264.63 Cr
Promoters' Ownership: 60.87%
Liquidity: High
52 Week Range: R 58.00 - 309.30
Face Value: R10.00
Shares Outstanding: 4,05,07,000
10 Years Aggregate:
CFO: 237.96 Cr
EBITDA: 157.98 Cr
Net Profit: 87.10 Cr