Steel maker Kamdhenu Ltd has posted an 82 per cent growth in its net profit during the December quarter at Rs 12.02 crore, on the back of increased revenues.

Steel maker Kamdhenu’s Q3 net profit grows 82% to over Rs 12 crore

Under the scheme of demerger, the company will issue one equity share of Kamdhenu Ventures having face value of ₹5 each; against every existing share of Kamdhenu Ltd having a face value of ₹10 each

Kamdhenu Group likely to list demerged paint business by September-end

Post demerger, Kamdhenu Ltd will continue to focus on steel business, while Kamdhenu Ventures Limited will expand the paints business

Kamdhenu demerges paints biz; to list new entity Kamdhenu Ventures in Q2

Premier Polyfilm Ltd, Trigyn Technologies Ltd, RattanIndia Enterprises Ltd and Precision Camshafts Ltd are among the other losers in the BSE’s ‘B’ group today, 10 May 2022.

Kamdhenu Ltd leads losers in ‘B’ group

North Eastern Carrying Corporation Ltd, Kamdhenu Ltd, Dodla Dairy Ltd and SMS Pharmaceuticals Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 March 2022.

Selan Explorations Technology Ltd leads gainers in ‘B’ group

The economic growth that we desire has already started, says Satish Kumar Agarwal

Will increase focus on paints biz to capture the market: Kamdhenu Ltd CMD

The Scheme of Arrangement further provides for the de-merger of the Paint Business of Kamdhenu Ltd into Kamdhenu Colour and Coatings Ltd. The Steel Business will remain in Kamdhenu Limited.

Kamdhenu spurts 4% over scheme of amalgamation

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Kamdhenu Ltd Sept-Quarter Profit Falls - Investing.com India

Kamdhenu Ltd on Friday posted a sharp decline of 75 per cent in its standalone net profit at Rs 1.5 crore due to reduced income

Kamdhenu June quarter net profit falls 75% to Rs 1.5 cr over reduced income

Kamdhenu Ltd, a diversified group with interest in steel and paint, has ramped up production to about 80 per cent of its production capacity of branded TMT bars including that of its franchisee manufa

Kamdhenu TMT ramps up output to 80 per cent

The capacity addition follows robust demand for Kamdhenu Structural Steel, its key infrastrucre steel product, in western UP and adjoining areas.

Kamdhenu Ltd adds new production capacity of 60,000 tonne per annum in UP

Hasn't fared well - amongst the low performers

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

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Kamdhenu Limited, formerly Kamdhenu Ispat Limited, is a manufacturer of thermo-mechanically treated (TMT) steel and paints. The Company is engaged in the manufacture, distribution, marketing and branding of steel and paints.

Kamdhenu Ltd