Stocks that will see action on April 10, 2023, include Adani Power, ITC, IRB Infra, PNC Infratech, GAIL India, Adani Total Gas, Tata Motors Sona BLW Precision, Kalyani Steels, Godrej Consumer, Nazara Tech, Coffee Day Enterprises, Goodluck India, Rushil Decor, Sudarshan Chem, Axita Cotton

Stocks that will see action on April 10, 2023

Goodluck India Ltd, Authum Investment & Infrastructure Ltd, Hi-Tech Pipes Ltd and Cambridge Technology Enterprises Ltd are among the other losers in the BSE’s ‘B’ group today, 23 December 2022.

Lancer Containers Lines Ltd leads losers in ‘B’ group

Goodluck India consolidated net profit rises 55.76% in the June 2022 quarter

Board of Goodluck India approves issuance of up to 12.90 lakh warrants

Jump in exports lifts turnover to record high of Rs 2,617 crore during the year

Goodluck India Q4 net profit up sharply at Rs 24 cr

The company’s board has recommended a final dividend of Rs 2 per share for financial year 2021-22 which is subject to the approval of shareholders at the ensuing Annual General Meeting.In a separate statement, the company said it made exports worth Rs 1,060 crore last fiscal year which is “highest e…

Goodluck India Q4 Results : Profit jumps three-fold to Rs 24 crore

The company manufactures a wide range of engineered steel structures, precision/auto tubes, forging for defence and aerospace, CR (cold rolled) products and GI (galvanised iron pipes) pipes. These products are used by automobile manufacturers, infrastructure companies, industries like engineering, o…

Goodluck India to invest Rs 200 cr in 2-3 yrs to scale up capacity: CMD

The change in rating reflects a substantial improvement in the business and financial profile of Goodluck.

CRISIL upgrades Goodluck India’s long-term credit ratings to ‘A/Stable’; stock zooms ~2.5%

Goodluck India (GIL) advanced 2.41% to Rs 282.75 after CRISIL Ratings upgraded its rating on the bank loan facilities of the company.

Goodluck India gains after CRISIL upgrades ratings

“During the April-February period of 2021-22 fiscal year, the company has achieved an export of Rs 1,005.45 crore as against Rs 475 crore in the entire financial year 2020-21. Europe and North America were major export destinations for the company,” Goodluck India said in a statement.

Goodluck India exports Rs 1,000-cr goods during ongoing fiscal

Goodluck was able to achieve Rs1005.45 crore within the 11 months period ended February 2022.

Goodluck India’s stock up on reporting highest ever exports business YTD

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

Goodluck India Limited is an engineering product manufacturing company engaged in manufacturing and exporting a range of automobile cold-drawn welded tubes, forged engineering products, transmission and distribution towers and boiler structure etc.