Elpro International consolidated net profit rises 126.97% in the September 2022 quarter

7NR Retail Ltd, Asian Star Company Ltd, Elpro International Ltd and Chemcon Speciality Chemicals Ltd are among the other gainers in the BSE’s ‘B’ group today, 29 September 2022.

IL&FS Investment Managers Ltd leads gainers in ‘B’ group

The current market cap of the company is Rs456.98cr.

International Conveyors sells 7.95% stake in Elpro International; Stock gains

Elpro International reports consolidated net profit of Rs 8.23 crore in the September 2021 quarter

MetLife International Holdings, LLC has entered into a share purchase agreement with IGE and Elpro International to acquire their total combined shareholding of 15.27% in PNB MetLife India Insurance Company Limited.

Elpro International hits record high after MetLife increases stake in its joint venture

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Rail Vikas Nigam, Gokaldas Exports, Gufic Biosciences, Elpro International, JSW Energy

Buzzing stocks: ICICI Lombard, Srei Infra, PNG Met Life, Bharti Airtel, PSU Banks, EID Parry, HFCL, Railway VIkas Nigam, Gufic Bio, Gokaldas Exports, JSW Energy, Elpro International

Stocks that will see action on October 5

MetLife said it had entered into an agreement with IGE India and Elpro International to acquire their combined stake of 15.27% in PNB MetLife India Insurance Company Limited. The deal will boost MetLife’s stake in PNB MetLife to more than 47%.

Metlife plans to raise its stake in Indian venture; acquire stake of IGE, Elpro

Signs share purchase agreement with IGE (India) Pvt Ltd and Elpro International Ltd to acquire their combined holding of 15.27% in PNB MetLife India Insurance

Metlife to hike its stake in PNB Metlife to 47.32% in Rs 1,906 cr deal

Elpro International standalone net profit rises 3800.00% in the March 2021 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

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not 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

The company is engaged in the manufacturing of electrical industrial machinery, apparatus & parts, & construction of residential & non-residential buildings, including additions & alterations. 