Infomedia Press Ltd, Poojawestern Metaliks Ltd, Ankit Metal & Power Ltd and Hindusthan National Glass & Industries Ltd are among the other losers in the BSE’s ‘B’ group today, 04 April 2022.

7NR Retail Ltd leads losers in ‘B’ group

Proposed capacity addition is 6,00,000 MT per annum and the investment required is Rs125cr.

Ankit Metal & Power board nods for capacity expansion of pellet plant to 12,00,000 MT

Ankit Metal & Power reports standalone net loss of Rs 11.74 crore in the September 2021 quarter

Nava Bharat Ventures, Greenpanel Industries, Dhunseri Ventures, Zodiac Clothing, Ankit Metal & Power, Rungta Irrigation, Southern Petrochemicals, are also among the stocks in focus today.

Buzzing Stocks | Wipro, Kotak Mahindra Bank, Biocon, VIP Clothing, Gabriel India

BRIEF-Ankit Metal & Power Says Suresh Kumar Patni Resigns As Chairman

Ankit Metal & Power reports standalone net loss of Rs 21.00 crore in the September 2020 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Ankit Metal & Power Sept-Qtr Loss Widens - Investing.com India

Ankit Metal & Power reports standalone net loss of Rs 36.12 crore in the March 2020 quarter

BRIEF-Ankit Metal & Power Re-Appoints Ankit Patni As MD - Investing.com India

The NPA accounts to be auctioned by the SBI include Ankit Metal & Power (Rs690 crore), Modern Steels (Rs122.61 crore), Good Health Agrotech (Rs109 crore), Amit Cottons (Rs84.70 crore), and Ind-Swift (Rs80.49 crore)

SBI to auction 12 NPA accounts on 25 June to recover dues of over Rs1,325 crore

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ankit Metal & Power Limited (AMPL) is engaged in the manufacturing of iron and steel products. The Company's products include iron ore pellets, sponge iron, MS billets, tube metal temperature (TMT) bars, ferro silicon, power and re-rolled products.