Buzzing Stocks Today, Stocks that will see action today: 5 August 2024 - Zomato, Infosys, JSW Steel, Adani, Power Mech Projects, Gland Pharma, SJVN, Ashoka Buildcon, Dee Development, Savita Oil, Jay Bharat Maruti, SBI

Stock that will see action today: 5 August 2024

Jay Bharat Maruti consolidated net profit rises 4.06% in the June 2024 quarter

JBM’s consolidated profit after tax (PAT) dropped to Rs 5.16 crore from Rs 7.90 crore in Q1 FY23.

Jay Bharat Maruti locked in 5% lower circuit after Q1 numbers disappoint

Shares of Jay Bharat Maruti hit a fresh 52-week high of Rs 269.25, as they rallied 4% on the BSE in Tuesday’s intra-day trade in an otherwise a weak market.

Stock of this auto ancillary company has zoomed over 60% so far in June

Jay Bharat Maruti on Thursday said it will be setting up two new manufacturing plants in Haryana and Gujarat, with an investment of ₹300-350 crore to cater to the requirements of its key customer Maruti Suzuki, in both the regions

Jay Bharat Maruti to invest ₹300-350 crore on 2 new plants in Haryana, Gujarat

The plants will be commissioned at Kharkhoda, Sonipat in Haryana and SMG Suppliers’ Park in Gujarat, the company said in a statement. The new plant in Sonipat will provide capacity enhancement so as to meet the requirements of Maruti Suzuki’s new manufacturing plant at IMT Kharkhoda which is expecte…

Jay Bharat Maruti to invest upto Rs 350 crore to set up two plants

The company will invest nearly Rs 300-350 crore in a phased manner in line with its customer’s growth strategy

Jay Bharat Maruti to invest in 2 manufacturing plants in Haryana, Gujarat

Jay Bharat Maruti consolidated net profit declines 9.70% in the December 2022 quarter

Jay Bharat Maruti standalone net profit declines 8.30% in the December 2022 quarter

Wardwizard Innovations & Mobility Ltd PartlyPaidup, Jay Bharat Maruti Ltd, Niraj Cement Structurals Ltd and Shemaroo Entertainment Ltd are among the other gainers in the BSE’s ‘B’ group today, 03 October 2022.

BSL Ltd leads gainers in ‘B’ group

The board has not decided on the details of the issue as yet.

Jay Bharat Maruti’s board approves fund-raise of up to Rs150 crore; stock plunges ~4%

Hasn't fared 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

Jay Bharat Maruti Limited is engaged in the business of manufacturing components for automobiles.