Tech Enhanced Investing

Indian Energy Exchange is currently trading at Rs. 148.10, up by 2.50 points or 1.72% from its previous closing of Rs. 145.60 on the BSE.

The scrip opened at Rs. 147.75 and has touched a high and low of Rs. 151.30 and Rs. 147.10 respectively. So far 748734 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 173.30 on 01-Jan-2024 and a 52 week low of Rs. 116.05 on 09-Jun-2023.

Last one week high and low of the scrip stood at Rs. 151.30 and Rs. 140.75 respectively. The current market cap of the company is Rs. 13210.43 crore.

The Institutions and Non-Institutions held 38.15% and 61.86% stake in the company respectively.

Indian Energy Exchange has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 14.76% rise in its net profit at Rs 95.10 crore for the quarter under review as compared to Rs 82.87 crore for the same quarter in the previous year. Total income of the company increased by 15.38% at Rs 149.47 crore for Q4FY24 as compared Rs 129.55 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 9.45% rise in its net profit at Rs 96.69 crore for fourth quarter ended March 31, 2024 as compared to Rs 88.34 crore for the same quarter in the previous year. Total income of the company increased by 15.20% at Rs 149.29 crore for Q4FY24 as compared Rs 129.59 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 16.65% rise in its net profit at Rs 341.44 crore as compared to Rs 292.70 crore for the previous year. Total income of the company increased by 16.18% at Rs 550.78 crore for year under review as compared to Rs 474.06 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 14.68% rise in its net profit at Rs 350.78 crore as compared to Rs 305.89 crore for the previous year. Total income of the company increased by 16.19% at Rs 550.85 crore for year under review as compared to Rs 474.10 crore for year ended March 31, 2023.

Transport Corporation of India is currently trading at Rs. 914.35, up by 17.80 points or 1.99% from its previous closing of Rs. 896.55 on the BSE.

The scrip opened at Rs. 906.35 and has touched a high and low of Rs. 923.00 and Rs. 899.75 respectively. So far 5257 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1080.00 on 01-Feb-2024 and a 52 week low of Rs. 637.50 on 22-May-2023.

Last one week high and low of the scrip stood at Rs. 923.00 and Rs. 853.25 respectively. The current market cap of the company is Rs. 7101.16 crore.

The promoters holding in the company stood at 68.92%, while Institutions and Non-Institutions held 14.87% and 16.21% respectively.

Transport Corporation of India has received approval for issuance of Non-Convertible Debentures/Bonds/Other similar Instruments up to an amount of Rs 200 crore. The board of directors in its meeting held on May 15, 2024 has approved the same. 

Transport Corporation of India (TCI group) is India’s leading integrated multimodal logistics and supply chain solutions provider.

Berger Paints India is currently trading at Rs. 487.30, up by 2.15 points or 0.44% from its previous closing of Rs. 485.15 on the BSE.

The scrip opened at Rs. 488.05 and has touched a high and low of Rs. 491.55 and Rs. 484.60 respectively. So far 49757 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 679.05 on 22-Sep-2023 and a 52 week low of Rs. 478.15 on 10-May-2024.

Last one week high and low of the scrip stood at Rs. 501.90 and Rs. 478.15 respectively. The current market cap of the company is Rs. 56733.46 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.84% and 9.17% respectively.

Berger Paints India has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 7.45% fall in its net profit at Rs 181.59 crore for the quarter under review as compared to Rs 196.21 crore for the same quarter in the previous year. However, total income of the company increased by 2.75% at Rs 2,262.58 crore for Q4FY24 as compared Rs 2,202.09 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 19.68% rise in its net profit at Rs 222.62 crore for fourth quarter ended March 31, 2024 as compared to Rs 186.01 crore for the same quarter in the previous year. Total income of the company increased by 3.15% at Rs 2,536.16 crore for Q4FY24 as compared Rs 2,458.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 22.53% rise in its net profit at Rs 1,015.05 crore as compared to Rs 828.39 crore for the previous year. Total income of the company increased by 5.37% at Rs 10,060.37 crore for year under review as compared to Rs 9,547.77 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 35.96% rise in its net profit at Rs 1,169.82 crore as compared to Rs 860.40 crore for the previous year. Total income of the company increased by 6.06% at Rs 11,262.60 crore for year under review as compared to Rs 10,619.41 crore for year ended March 31, 2023.

Veerhealth Care is currently trading at Rs. 20.65, up by 0.15 points or 0.73% from its previous closing of Rs. 20.50 on the BSE.

The scrip opened at Rs. 21.49 and has touched a high and low of Rs. 21.49 and Rs. 20.00 respectively. So far 32063 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.10 on 23-Feb-2024 and a 52 week low of Rs. 10.25 on 22-May-2023.

Last one week high and low of the scrip stood at Rs. 21.49 and Rs. 19.11 respectively. The current market cap of the company is Rs. 41.40 crore.

The promoters holding in the company stood at 30.41%, while Non-Institutions held 69.59% stake in the company.

Veerhealth Care has received Export Order worth $197793 (around Rs 1.65 crore) from one of the top institutional supplier Company in the United States of America. The order is to be executed within 3 months. Recently, the Company has successfully manufactured and exported Preliminary Sample Order of oral care products.

Veerhealth Care is engaged mainly in business of trading and manufacturing and marketing research based ayurvedic medicines.

Happiest Minds Technologies is currently trading at Rs. 814.95, up by 5.20 points or 0.64% from its previous closing of Rs. 809.75 on the BSE.

The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 820.00 and Rs. 810.15 respectively. So far 10009 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1022.30 on 22-Jun-2023 and a 52 week low of Rs. 738.05 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 827.00 and Rs. 791.75 respectively. The current market cap of the company is Rs. 12409.64 crore.

The promoters holding in the company stood at 50.24%, while Institutions and Non-Institutions held 7.27% and 42.50% respectively.

Happiest Minds Technologies has entered into strategic partnership with Solvio, a top-tier Salesforce consulting firm. The company drives innovation and enables customer success across six industry groups - Industrial, Manufacturing and Energy & Utilities, Healthcare & Life Sciences, Retail, CPG & Logistics, Banking, Financial Services and Insurance (BFSI), Hi-Tech and Media & Entertainment, and EdTech. Collaborating with Solvio, Happiest Minds is focused on delivering Salesforce implementations offering practical solutions on a global scale, transforming client engagements and increasing operational efficiencies.

Solvio offers a comprehensive suite of capabilities and offerings tailored to meet the diverse needs of customers. Their consulting-led approach encompasses management consulting, business consulting, and solution consulting, is aimed at catalyzing strategic transformation and driving growth for businesses of all sizes. With a focus on Salesforce Data Cloud and Marketing Cloud implementations, along with the Sales and Service Cloud, Solvio is committed to helping enterprises achieve their business goals with efficiency and precision.

The Happiest Minds - Solvio partnership will help customers strengthen their brand preferences and amplify their business growth. Through this combined partnership, Happiest Minds and Solvio will deliver cutting-edge Salesforce consulting and services on a global scale.

Happiest Minds Technologies is a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights.

MIC Electronics is currently trading at Rs. 49.17, up by 2.17 points or 4.62% from its previous closing of Rs. 47.00 on the BSE.

The scrip opened at Rs. 49.20 and has touched a high and low of Rs. 49.35 and Rs. 47.70 respectively. So far 122414 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 55.81 on 25-Apr-2024 and a 52 week low of Rs. 15.83 on 25-May-2023.

Last one week high and low of the scrip stood at Rs. 49.95 and Rs. 45.91 respectively. The current market cap of the company is Rs. 1081.99 crore.

The promoters holding in the company stood at 74.59%, while Non-Institutions held 25.41% stake in the company.

MIC Electronics has received Letter of Acceptance (LoA) from the Malda Division of the Eastern Railway Zone for replacement of CIB, TIB of PF No: 1, 4&5 and passenger amenities at Bhagalpur Station of the Malda Division. The aggregate value of the said work-order is Rs 1.47 crore. 

Earlier, the company had received Letter of Acceptance from Mysuru Division of South - Western Railway Zone for enhancement of passenger amenities in connection with Provision of Integrated Passenger Information System at ‘HVR PF-3, BYD-1 and 2 and KBPR PF-1’ of Mysuru Division.

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software.

Alembic is currently trading at Rs. 101.41, up by 13.60 points or 15.49% from its previous closing of Rs. 87.81 on the BSE.

The scrip opened at Rs. 95.38 and has touched a high and low of Rs. 103.00 and Rs. 92.21 respectively. So far 1147095 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 107.50 on 21-Feb-2024 and a 52 week low of Rs. 66.00 on 26-May-2023.

Last one week high and low of the scrip stood at Rs. 103.00 and Rs. 85.61 respectively. The current market cap of the company is Rs. 2600.17 crore.

The promoters holding in the company stood at 70.88%, while Institutions and Non-Institutions held 1.11% and 28.01% respectively.

Alembic has reported over 4- fold jump in its net profit at Rs 20.68 crore for the fourth quarter (Q4) ended March 31, 2024 as compared to Rs 4.29 crore for the same quarter in the previous year. Total income of the company increased by 29.92% at Rs 49.46 crore for Q4FY24 as compared Rs 38.07 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 4- fold jump in its net profit at Rs 21.29 crore for fourth quarter ended March 31, 2024 as compared to Rs 4.70 crore for the same quarter in the previous year. Total income of the company increased by 30.47% at Rs 51.08 crore for Q4FY24 as compared Rs 39.15 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 17.18% rise in net profit at Rs 92.89 crore as compared to Rs 79.27 crore for the previous year. Total income of the company increased by 10.46% at Rs 206.87 crore for year under review as compared to Rs 187.27 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 15.19% rise in its net profit at Rs 92.87 crore as compared to Rs 80.62 crore for the previous year. Total income of the company increased by 10.83% at Rs 212.26 crore for year under review as compared to Rs 191.51 crore for year ended March 31, 2023.

Devyani International is currently trading at Rs. 156.00, up by 0.60 points or 0.39% from its previous closing of Rs. 155.40 on the BSE.

The scrip opened at Rs. 157.00 and has touched a high and low of Rs. 157.00 and Rs. 149.75 respectively. So far 435314 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 227.75 on 11-Sep-2023 and a 52 week low of Rs. 142.30 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 163.45 and Rs. 149.75 respectively. The current market cap of the company is Rs. 18863.35 crore.

The promoters holding in the company stood at 62.74%, while Institutions and Non-Institutions held 24.63% and 12.63% respectively.

Devyani International (DIL) and PVR INOX have extended their association and entered into strategic partnership to jointly establish a company in India for the purpose of development and operation of food courts within shopping malls in India.

This significant partnership not only deepens the trust in each other's expertise within their respective business domains but also reinforces the existing partnership. This partnership will empower Devyani International & PVR INOX to reach a wider audience and expand their market presence.

Devyani International is the largest franchisee of Yum Brands in India and is among the largest chain operators of quick service restaurants (QSR) in India on a non-exclusive basis.

Arihant Foundations & Housing is currently trading at its upper limit of Rs. 142.80, up by 2.80 points or 2.00% from its previous closing of Rs. 140.00 on the BSE.

The scrip opened at Rs. 140.00 and has touched a high and low of Rs. 142.80 and Rs. 140.00 respectively. So far 2143 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.80 on 26-Apr-2024 and a 52 week low of Rs. 35.30 on 15-May-2023.

Last one week high and low of the scrip stood at Rs. 150.45 and Rs. 139.20 respectively. The current market cap of the company is Rs. 122.81 crore.

The promoters holding in the company stood at 42.87%, while Non-Institutions held 57.13% stake in the company.

Arihant Foundations and Housing is planning to invest Rs 650 crore in its home city and Bengaluru within FY25. The company will invest Rs 150 crore to develop Grade A office spaces in Bengaluru and the rest of the investment will be in Chennai real estate. Currently, the company is looking to develop close to 0.5 million sq.ft (msf) of commercial space and 1 msf of residential space in both cities in FY25. To date, it has developed 20 msf in Chennai, with 4 msf of office space.

Recently, the company had signed up with Equitas Small Finance Bank for the development of its corporate headquarters at Anna Salai, Chennai. The project is close to 0.2 msf with a transaction value of more than Rs 300 crore.

Arihant Foundations and Housing caters to building segments such as villas, apartments, IT parks, hotels, shopping malls, multiplexes, developed plots and commercial buildings. It has a great ability to serve a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.

Exicom Tele-Systems is currently trading at Rs. 275.00, up by 20.05 points or 7.86% from its previous closing of Rs. 254.95 on the BSE.

The scrip opened at Rs. 258.05 and has touched a high and low of Rs. 278.50 and Rs. 258.00 respectively. So far 160226 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 314.25 on 29-Apr-2024 and a 52 week low of Rs. 170.25 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 285.90 and Rs. 249.00 respectively. The current market cap of the company is Rs. 3328.72 crore.

The promoters holding in the company stood at 69.57%, while Institutions and Non-Institutions held 11.72% and 18.71% respectively.

Exicom Tele-Systems has launched its Harmony Gen 1.5 DC Fast Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system, high operational efficiency, integrated ambient lighting, and many features focusing on improving customer charging experience which is often overlooked and is the biggest concern for first time users. Harmony Gen 1.5 is available in three frame sizes, and its modular construction offers power outputs from 60 kW to 400 kW. 

Exicom introduces its upgraded line of DC chargers with a focus on user-centric design and functionality, emphasizing an enhanced user experience. Cable management system makes it easier to handle heavy charging guns while integrated ambient lighting helps to light up dark places and show status from a greater distance. Harmony Gen 1.5 chargers are designed in compliance with PAS standards, allowing physically disabled individuals to easily use and operate the chargers. The company has launched new product on May 14, 2024. The product caters to domestic market.

Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.