Manorama Industries standalone net profit rises 17.23% in the June 2024 quarter

Manorama Industries added 2.41% to Rs 648.10 after the company announced the commencement of commercial production from its new fractionation plant which has a capacity of 25,000-tonnes per annum (TPA).

Manorama Inds edges higher after new fractionation plant commences operations

Manorama Industries has commenced commercial production from its new state-of-art fractionation plant which has a capacity of 25,000-tonnes per annum (TPA) and takes the Company’s total fractionation input capacity 40,000 TPA.

Manorama Industries commences production at new fractionation plant

Manorama Industries standalone net profit rises 25.39% in the December 2022 quarter

Manorama Industries Ltd has added 3.02% over last one month compared to 1.98% fall in S&P BSE FMCG Sector index and 3.01% rise in the SENSEX

Manorama Industries Ltd Slides 2.46%

The Positive Outlook reflects Ind-Ra’s expectation of an improvement in MIL’s revenue.

Ind Ra revises Manorama Industries’ outlook to positive, affirms rating; Stock climbs 1%

Manorama Industries standalone net profit rises 109.20% in the March 2022 quarter

Manorama Industries standalone net profit rises 8.56% in the December 2021 quarter

The company and its leadership has also been conferred four additional awards for Unique Excellency in business.

Manorama Industries wins award for Highest Excellence in ESG compliances; Stock gains 2%

The upgrade reflects the likely boost of the company’s liquidity and improved revenue, the company said.

India Ratings upgrades Manorama Industries to ‘IND BBB+’; Outlook Stable; Stock up 1%

The equity shares will be admitted to dealings from Tuesday July 20, 2021 on BSE Mainboard.

Manorama Industries migrates from BSE SME to Mainboard; Stock zooms 5%

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

Average profitability - not good, not bad

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

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Manorama Industries is engaged in manufacturing specialty fats and butters from tree-borne and plant-based seeds and nuts. 

Manorama Industries Ltd