Buzzing stocks: RITES, PFC, IRCTC, RVNL, Aurobindo Pharma, Sun Pharma, Reliance Industries, Lupin, Alfa Transformers

Stocks to watch on May 29, 2023

LTI and Mindtree had announced the completion of their merger effective November 14. Mindtree shares were suspended for trading with effect from November 23, one trading day prior to the record date (last date of trading was November 22)

LTIMindtree listing; Alfa Transformers, Gujarat Toolroom preferential issues, Marg Techno stock split & more

Alfa Transformers reports standalone net loss of Rs 1.14 crore in the June 2021 quarter

Alfa Transformers reports standalone net loss of Rs 0.62 crore in the December 2020 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Alfa Transformers is engaged in the manufacturing and repairs of transformers