Haldyn Glass Standalone September 2021 Net Sales At Rs 53.42 Crore, Up 11.98% Y-o-Y

Haldyn Glass consolidated net profit rises 48.65% in the September 2021 quarter

Haldyn Glass reports standalone net profit of Rs 2.74 crore in the June 2021 quarter

Haldyn Glass reports consolidated net profit of Rs 2.81 crore in the March 2021 quarter

Haldyn Heinz Fine Glass becomes subsidiary of Haldyn Glass.

Haldyn Heinz Fine Glass becomes subsidiary of Haldyn Glass; Stock climbs 2%

Short term ratings for bank facilities has been reaffirmed to CARE A2.

CARE reaffirms credit ratings on Haldyn Glass’ bank facilities; Stock gains 3%

Haldyn Glass consolidated net profit rises 270.25% in the December 2020 quarter

Haldyn Glass standalone net profit rises 81.91% in the December 2020 quarter

BRIEF-India’s Haldyn Glass Dec-Qtr Consol PAT Rises`

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

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company is engaged in the business of manufacturing glass bottles. It manufactures vials, which are used in pharmaceutical industry, and clear bottles, which are used in liquor manufacturing, cosmetics, and food & beverages industry.

Haldyn Glass Ltd