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Small-Cap infrastructure company posts robust results; PAT zooms over 900 per cent, FIIs increase stake 

Texmaco Infrastructure & Holdings Limited is engaged in the businesses of real estate, mini hydro power, trading of goods, and job work services and has announced robust financial performance. 




As per the Quarterly Results in March 2024, the company recorded sales of ₹3.43 crore, reflecting a decline of 18.64 per cent compared to the same period in the previous year, where sales stood at ₹4.21 crore. However, despite the decrease in sales, the company witnessed a notable increase in profit after tax (PAT), reaching ₹1.07 crore, marking a substantial growth of 961.39 per cent from the previous year's profit of ₹0.1 crore. In FY24, the company's sales amounted to ₹16.08 crore, slightly lower by 2.69 per cent compared to the previous fiscal year's sales of ₹16.53 crore. On the other hand, other income for the fiscal year experienced a positive trend, rising to ₹9.78 crore, indicating a growth of 10.78 per cent from the previous year's value of ₹8.83 crore. In terms of profit, the company's PAT for FY24 amounted to ₹3.96 crore, representing a significant increase of 28.49 per cent from the previous fiscal year's PAT of ₹3.08 crore. 

Multibagger PSU company likely to announce bonus shares, stock split, dividend & buyback!

Balmer Lawrie & Company Ltd, a central public sector undertaking under the Ministry of Petroleum and Natural Gas since 1972, offers a wide range of services in India. They manufacture industrial packaging, greases & lubricants, and leather chemicals. They also operate logistics infrastructure like container freight stations and warehouses and provide logistics services like freight forwarding and project logistics. Additionally, Balmer Lawrie offers travel and vacation services including air ticketing and hotel booking, and cold chain services for temperature-controlled transportation. They even have a dedicated unit handling oilfield services. The company informed shareholders that a board meeting will be held on May 28, 2024, to discuss several important matters. First, the board will review and consider approval of the audited financial results for the fourth quarter and full fiscal year ending March 31, 2024. Additionally, they will consider recommending a dividend payout on the company's equity shares for that same fiscal year, subject to shareholder approval at the upcoming Annual General Meeting. Finally, the board will be reviewing their compliance with the Ministry of Finance's Capital Restructuring Guidelines for Central Public Sector Enterprises (CPSEs). This review may involve analysis and discussion of potential capital restructuring actions such as buying back shares, issuing bonus shares, or splitting existing shares. 

This electronics products company unveils its strategic growth plan - Mapping the journey to the next orbit

Cellecor Gadgets Limited, a prominent figure in the affordable electronics sector, is experiencing significant growth as it broadens its reach, distribution channels, and product offerings. This expansion has led to Cellecor surpassing its past sales figures, highlighting the success of its marketing tactics. The company has announced impressive financial results for the fiscal year 2023-2024 and has also unveiled a detailed plan outlining growth strategies for 2024-2025. Cellecor's multi-pronged approach addresses key operational areas to drive revenue and profitability. Their commitment to innovation, customer satisfaction, and sustainability positions them well for continued success in the dynamic consumer goods market. The shares of the company have an ROE of 117 per cent and an ROCE of 84 per cent. As of March 2024, the promoters of the company own a 51.54 per cent stake, FIIs own 0.77 per cent, DIIs own 3.91 per cent and the rest 43.78 per cent is owned by the public. 

₹81,784 crore order book & DIIs increase stake: Heavy buying in this President of India-backed aerospace and defence stock





Hindustan Aeronautics Limited (HAL) is a one-stop shop for India's defence aviation needs, specialising in the design, manufacture, repair, and maintenance of aircraft, helicopters, and their engines, making them a critical supplier for the country's defence program. In a major boost to India's self-reliance in defence, Hindustan Aeronautics Limited (HAL) secured a ₹2,890 crore contract from the Ministry of Defence to upgrade 25 Dornier Do 228 aircraft and their equipment for the Indian Navy. This Mid-Life Upgrade (MLU) will equip the Dorniers with modern avionics and sensors, significantly enhancing their capabilities in critical missions like maritime surveillance, coastal security, and electronic intelligence. The company's order book position is maintained at ₹81,784 crore with the receipt of fresh manufacturing contracts, ROH and spare orders with continued budget allocation from the customer’s cash and the bank balance position has improved to ₹20,306 crore. As of March 2024, DIIs have increased their stake to 9.58 per cent compared to 9.13 per cent in December 2023. The stock has a PE of 44x, an ROE of 27 per cent and an ROCE of 31 per cent. The stock gave multibagger returns of 175 per cent in just one year and a whopping 700 per cent in 3 years. Investors should keep an eye on this multibagger aerospace & defence stock. 

EV infra company unveils India’s fastest DC charger, engineered to streamline the EV charging experience





Exicom Tele-Systems Limited, a prominent provider of electric vehicle (EV) charging and Critical Power solutions in India, has unveiled the country's swiftest DC Chargers, boasting speeds of up to 400kW. The newly introduced Harmony Gen 1.5 DC Fast Chargers come equipped with a suite of cutting-edge features, including an advanced AI-driven remote management system, exceptional operational efficiency, integrated ambient lighting, and various amenities aimed at enhancing the charging experience for customers, a concern often overlooked, particularly for first-time users. The Harmony G1.5 is offered in three different frame sizes, and its modular design allows for power outputs ranging from 60 kW to 400 kW. Crafted from Premium steel, Exicom's Harmony Gen 1.5 DC Fast Chargers ensure lasting durability for owners. Additionally, these chargers feature a credit card payment terminal tailored for international markets, enhancing convenience and accessibility for users worldwide. As per the quarterly results in Q3 FY24 Exicom reported revenue of ₹263.65 crore, representing a year-on-year growth of 80 per cent from ₹146.07 crore same quarter last year. The company posted an operating profit of ₹31.03 crore, compared to a profit of ₹15.59 crore same quarter last year. The company’s net profit stood at ₹8.99 crore in the Q3 FY24. 

10:1 stock split and FIIs bought 7.97 per cent stake in FY24: High ROE and high ROCE logistics stock hits back-to-back upper circuits

Tiger Logistics, a publicly traded leader in international logistics since 2000, offers customised freight forwarding, transportation, and customs clearance solutions across diverse industries. They leverage a network of partners and an asset-light model to provide cost-effective management of clients' entire international logistics needs. Earlier, the company won a favourable ruling on a service tax dispute. After initially being assessed for over ₹5 crore in service tax, penalties, and interest, appeals brought the amount down to what the company had already paid. The final ruling accepted the company's claim for an abatement, a reduction in taxes based on specific conditions. Additionally, the company ex-traded stock split of the company’s 1 (one) equity share having a face value of ₹10 each into 10 (ten) equity shares of the company having a face value of ₹1 each as of the record date. The ex-record date was Monday, March 04, 2024. Furthermore, FIIs have increased their stake to 8.19 per cent in March 2024 compared to 0.22 per cent in March 2023 

EV manufacturer sees 74 per cent revenue from chargers; PAT zooms over 200 per cent QoQ


Servotech Power Systems Ltd (NSE: SERVOTECH), a prominent manufacturer of cutting-edge Solar Products and Electric Vehicle (EV) chargers, unveiled its financial results for the quarter and year ended March 31, 2024. Here are the details: Servotech Power Systems reported strong growth in net sales for Q4FY23, with a 13.9 per cent increase year-over-year to ₹136.65 crore compared to ₹119.98 crore in Q4FY22. This represents a significant jump of 161.7 per cent compared to ₹52.21 crore in Q3FY24. However, net profit for Q4FY23 showed a decrease of 43 per cent year-over-year, reaching ₹3.45 crore compared to ₹6.05 crore in Q4FY22. Despite this YoY decline, net profit grew a substantial 210.8 per cent compared to ₹1.11 crore in Q3FY24. Servotech Power Systems Ltd reported strong financial performance in FY24 with a net sales increase of 27.49 per cent to ₹355.26 crore, driven by robust demand for their tech-enabled solutions in the solar and EV sectors. Profit after tax (PAT) also grew by 6.69 per cent to ₹11.80 crore, while EBITDA increased by 18.05 per cent to ₹22.36 crore, benefitting from increased operational scale due to improved efficiencies and higher-value products. With their comprehensive engineering capabilities, Servotech is positioned to be a key player in building India's EV charging infrastructure. Backed by a history of innovation and advanced technology development, Servotech is committed to shaping the future of e-mobility in India. 

Ashish Kacholia's portfolio holding chemical stock is into expansion and growth of the business


Fineotex Chemical Ltd is seeking funds to fuel expansion and growth and is currently in advanced discussions to acquire a speciality chemicals manufacturer. This potential acquisition aligns perfectly with Fineotex's existing business, as the target company's products and customers complement their own. Negotiations and due diligence are ongoing, reflecting Fineotex's commitment to both internal growth and strategic acquisitions that create value for stakeholders. It's important to note that the finalisation of the acquisition depends on completing due diligence and other relevant factors. India's chemicals industry ranks 6th in production and 14th in exports. It is the backbone of numerous sectors like agrochemicals, pharmaceuticals, textiles, paper, paints, and soaps, with a current valuation of USD 220 billion. Projecting a growth of approximately 9 per cent per annum during 2020-25, the industry is expected to reach USD 300 billion by FY25 and a staggering USD 1 trillion by FY40. An ace investor, Ashish Kacholia currently holding 42 stocks owns 31,35,568 shares or 2.83 per cent stake in Fineotex Chemical Ltd.