Anup Engineering Q4 net profit dips 36.6%, to pay ₹15 per equity share

Anup Engineering Q4 net profit dips 36.6%

HDFC Securities has released its reports on Ircon International, Rail Vikas Nigam (RVNL), Care Ratings and The Anup Engineering and see an upside potential of 22 per cent in these counters.

RVNL, IRCON, Care Ratings, Anup Engineering: HDFC Securities sees up to 22% upside in these 4 stocks

After a muted start, Sensex and Nifty traded higher on Tuesday. The experts suggest allocating funds to quality stocks given the headwinds. Experts have recommended Care Ratings, IRCON, Rail Vikas Nigam, Anup Engineering and Federal Bank for investment

Five fundamental stock picks for you to look at amid uncertain times

The consolidated revenue of the firm came in at Rs 114 crore in the third quarter of FY23 against Rs 47.2 crore in the year-ago period

The Anup Engineering stock down even as Q3 PAT rises 129%

The Anup Engineering reported 129.06% jump in consolidated net profit to Rs 13.88 crore in Q3 FY23 as against Rs 6.06 crore posted in Q3 FY22.

Anup Engineering Q3 PAT soars 129% to Rs 14 cr

The Anup Engineering consolidated net profit rises 129.04% in the December 2022 quarter

ICICI Direct is bullish on The Anup Engineering recommended buy rating on the stock with a target price of Rs 1080 in its research report dated October 18, 2022.

Buy The Anup Engineering; target of Rs 1080: ICICI Direct

Increasing Ebitda margins QoQ are due to positive operating leverage and export orders.

The Anup Engineering Q2 Results Review - Strong Execution: ICICI Direct

The Anup Engineering consolidated net profit declines 17.85% in the September 2022 quarter

Anup Engineering’s revenue rises 8% yoy to Rs 153 crore in Q2FY23

The Anup Engineering said that Reginaldo Dsouza will replace Rishi Roop Kapoor as the chief executive officer (CEO) of the company with effect from 8 October 2022.

Anup Engineering appoints Reginaldo Dsouza as CEO

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

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Anup Engineering Ltd is focused on manufacturing and fabrication of engineering goods.The Company serves various industries, such as oil and gas, petrochemicals, fertilizer, chemicals, power, water and aerospace.