Madhav Copper reports standalone net profit of Rs 0.02 crore in the December 2022 quarter

Madhav Copper Standalone September 2021 Net Sales At Rs 10.64 Crore, Down 89.78% Y-o-Y

Madhav Copper reports standalone net loss of Rs 0.84 crore in the September 2021 quarter

SGST has temporarily seized MCL’s land, bank accounts, stocks by following the continued absence of the Chairman from meeting the authorities despite summons.

CRISIL downgrades credit rating of Madhav Copper following alleged evasion of Rs137cr GST; Stock slumps 5%

Madhav Copper standalone net profit declines 74.74% in the March 2021 quarter

The rating upgrade reflects the expectations of sustenance business profile and improved financial profile.

CRISIL upgrades Madhav Copper’s long term bank facilities to ‘BBB-’ with stable outlook

Madhav Copper standalone net profit rises 79.75% in the September 2020 quarter

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

Profitability and efficiency haven't been upto the mark

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

Madhav Copper Limited is engaged in the manufacture and supply of enameled copper wire and poly wrap submersible winding wire for industry application in transformers, motors, alternators, contactors and relays.