GTV Engineering Standalone June 2022 Net Sales at Rs 26.34 crore, up 105.76% Y-o-Y

GTV Engineering standalone net profit rises 120.00% in the June 2021 quarter

GTV Engineering standalone net profit declines 83.78% in the March 2021 quarter

BRIEF-GTV Engineering Disapproves Buying Shares Of Chirchind Hydro Power Pvt Ltd

Shares of YES Bank, Axis Bank, MTAR Tech, Tata Communications, SBI cards, Bajaj Finance, GTV Engineering, Fortis Malar Hospitals, Kotak Mahindra Bank, Dilip Buildcon will be in focus in Monday’s trading session

Stocks in news: YES Bank, Axis Bank, MTAR Tech, Tata Communications, SBI cards, Dilip Buildcon, Bajaj Finance

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

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

GTV Engineering is engaged in heavy steel fabrication.