AMJ Land Holdings Ltd, Kellton Tech Solutions Ltd, HPL Electric & Power Ltd and Prozone Realty Ltd are among the other gainers in the BSE’s ‘B’ group today, 12 July 2024.

Megastar Foods Ltd leads gainers in ‘B’ group

Megastar Foods Ltd, a food processing firm, has announced plans to raise Rs 42.38 crore through a preferential issue of shares to pre-pay debt and meet future funding requirements.

Megastar Foods Plans To Raise Rs 42.38 Crore Through Preferential Issue Of Shares To Promoters, Others

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 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

Megastar Foods Limited is engaged in the business of roller flour mills manufacturing wheat products.

Megastar Foods Ltd

Megastar Foods Ltd

Scorecard

News & Opinions

Megastar Foods Ltd leads gainers in ‘B’ group

Megastar Foods Plans To Raise Rs 42.38 Crore Through Preferential Issue Of Shares To Promoters, Others