Everest Industries consolidated net profit declines 30.88% in the December 2022 quarter

Piramal Pharma Ltd, BCPL Railway Infrastructure Ltd, Coastal Corporation Ltd Partly Paidup and The Byke Hospitality Ltd are among the other losers in the BSE’s ‘B’ group today, 10 November 2022.

Everest Industries Ltd leads losers in ‘B’ group

MIT bought 3,63,978 shares of the company between June 23 and October 11 from open market

Massachusetts Institute hikes stake in Everest Industries

The current market cap of the company is Rs1,374.12 crore.

Everest Industries gets approval from Karnataka govt for land allotment; Stock tumbles 3%

Everest Industries said that it has received in-principle approval from the Government of Karnataka for allotment of 15 acres of land by Karnataka Industrial Area Development Board (KIADB) at Immavu Industrial Area, Mysuru District.

Everest Inds gets in-principle nod from Karnataka Govt for land allotment

Karnataka Govt. to allot 15 acres land to Everest Industries

Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.

Stock of this building products company has zoomed 100% since December

Nureca Ltd, Saksoft Ltd, Everest Industries Ltd and Dhunseri Ventures Ltd are among the other losers in the BSE’s ‘B’ group today, 11 November 2021.

Shreyas Shipping & Logistics Ltd leads losers in ‘B’ group

Everest Industries consolidated net profit declines 41.16% in the September 2021 quarter

Everest Industries consolidated net profit declines 2.63% in the June 2021 quarter

Everest Industries reports consolidated net profit of Rs 12.23 crore in the March 2021 quarter

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 underpriced and is not in the overbought zone

Current price is less 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

Everest Industries is engaged in business of building products, such as roofing products, boards and panels and manufacturing & erection of pre-engineered steel buildings & related accessories.