Indo Rama Synthetics (India) zoomed 13.31% to Rs 63 after the Maharashtra Government on Tuesday (13 December 2022) approved an investment of Rs 1,925 crore by the company in the Nagpur region of Maharashtra.

Indo Rama Synthetics zooms after Maharashtra Govt OKs investment proposal worth Rs 1.9k crore

Weizmann Ltd, Next Mediaworks Ltd, Biofil Chemicals & Pharmaceuticals Ltd and Indo Rama Synthetics (India) Ltd are among the other losers in the BSE’s ‘B’ group today, 02 November 2022.

STL Global Ltd leads losers in ‘B’ group

Indo Rama Synthetics (India) consolidated net profit declines 97.82% in the September 2022 quarter

Indo Rama Synthetics (India) consolidated net profit rises 171.52% in the June 2022 quarter

Dynemic Products Ltd Partly Paidup, Manugraph India Ltd, Wardwizard Innovations & Mobility Ltd PartlyPaidup and Indo Rama Synthetics (India) Ltd are among the other losers in the BSE’s ‘B’ group today, 22 July 2022.

Goodyear India Ltd leads losers in ‘B’ group

Indo Rama Synthetics (India) consolidated net profit declines 16.73% in the March 2022 quarter

India Ratings and Research (Ind-Ra) has upgraded Indo Rama Synthetics (India)‘s (IRSL) Long-Term Issuer Rating to ‘IND A-’ from ‘IND BBB+’ while the outlook remains stable.

India Ratings upgrades Indo Rama Synthetics to ‘IND A-’/Stable

#NewsParViews

🔸#Textile इंडस्ट्री के लिए बजट में अहम फैसलों की उम्मीद कम, साल के अंत तक क्षमता को 50% तक बढ़ाने की योजना: ओम प्रकाश लोहिया,CMD,Indo Rama Synthetics 

#IndoRamaSynthetics | #AnilSinghvi | #ZeeBusiness



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Not Much Hope Of Important Decisions In Budget 2022 For Textile Says Indo Rama Synthetics CMD

Mirza International Ltd, Banswara Syntex Ltd, Om Infra Ltd and ARSS Infrastructure Projects Ltd are among the other gainers in the BSE’s ‘B’ group today, 04 January 2022.

Indo Rama Synthetics (India) Ltd leads gainers in ‘B’ group

Indo Rama Synthetics (India) reports consolidated net profit of Rs 52.31 crore in the September 2021 quarter

In the 35th Annual General Meeting (AGM) which was held on August 24, 2021, through VC/OAVM, has approved the appointment of Mr. Hemant Balkrishna Bal as Whole-time Director of the Company.

Indo Rama Synthetics re-appointed Om Prakash Lohia as Chairman and Managing Director

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

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

Indo Rama Synthetics (India) Limited is an integrated polyester manufacturer, which is engaged in the manufacturing of polyester staple fiber (PSF), polyester filament yarn (PFY) and draw texturized yarn (DTY) and polyester chips.

Indo Rama Synthetics (India) Ltd