Bharat Bijlee Ltd, Aarti Pharmalabs Ltd, Jindal Stainless Ltd and Persistent Systems Ltd are among the other losers in the BSE’s ‘A’ group today, 19 July 2024.

Chennai Petroleum Corporation Ltd leads losers in ‘A’ group

Earnings

Bharat Bijlee standalone net profit declines 5.53% in the June 2024 quarter

Zee Entertainment Enterprises Ltd, UTI Asset Management Company Ltd, Trent Ltd and CG Power & Industrial Solutions Ltd are among the other losers in the BSE’s ‘A’ group today, 18 July 2024.

Bharat Bijlee Ltd leads losers in ‘A’ group

Bharat Bijlee was locked in 10% lower circuit at Rs 4760.10 after the company reported 51% drop in net profit to Rs 23.93 crore in Q1 FY25 from Rs 48.53 crore in Q4 FY24.

Spotlight

Bharat Bijlee hits the floor after Q1 PAT falls nearly 51% sequentially

Fund based limits (Rs 450 crore) - [ICRA]AA-(Stable)/[ICRA]A1+ (Long term rating upgraded from [ICRA]A+ and short-term rating reaffirmed; Outlook revised to Stable from Positive; assigned for enhanced limit)

Bharat Bijlee receives revision in credit ratings from ICRA

Bharat Bijlee Standalone March 2023 Net Sales at Rs 429.78 crore, up 23.04% Y-o-Y

Bharat Bijlee Standalone December 2022 Net Sales at Rs 388.03 crore, up 20.11% Y-o-Y

Bharat Bijlee jumped 5.52% to Rs 2622.85 after the company’s net profit surged 45.22% to Rs 23.09 crore on 20.11% rise in revenue from operations to Rs 388.03 crore in Q3 FY23 over Q3 FY22.

Bharat Bijlee spurts after Q3 PAT jumps 45% YoY

Life Insurance Corporation of India (LIC) disclosed that it decreased its stake in Bharat Bijlee from 6.695% to 4.540%.

LIC pares stake in Bharat Bijlee

Bharat Bijlee jumped 4.15 per cent at ₹2,418

LIC decreases stake in Bharat Bijlee to 4.54%

Bhagyanagar India Ltd, Bharat Bijlee Ltd, IFB Agro Industries Ltd and Transformers & Rectifiers India Ltd are among the other gainers in the BSE’s ‘B’ group today, 27 October 2022.

Nalwa Sons Investments Ltd leads gainers in ‘B’ group

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

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

Bharat Bijlee Limited offers electric motors and transformers. The Company's segments are Power Systems and Industrial Systems.

Bharat Bijlee Ltd