Modison Metals Standalone March 2022 Net Sales at Rs 99.95 crore, down 5.1% Y-o-Y

Hitech Corporation, Modison Metals, Lovable Lingerie, Expleo Solutions and Jamna Auto, hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

BESS and EV charging infrastructure are growth sectors globally and in India.

Modison Metals board nods growth plan into Battery Energy Storage System and EV Charging Infra

Modison Metals Consolidated September 2021 Net Sales At Rs 95.62 Crore, Up 39.72% Y-o-Y

Modison Metals consolidated net profit declines 41.20% in the September 2021 quarter

Modison Metals standalone net profit declines 41.25% in the September 2021 quarter

Modison Metals consolidated net profit rises 55.47% in the March 2021 quarter

Modison Metals standalone net profit rises 55.47% in the March 2021 quarter

The land purchase is part of the company’s future modernization & expansion plans.

Modison Metals buys land at Rs5.40cr near company’s factory premises at Vapi

The outlook continues to be positive as CARE believes the credit risk profile of the company will further improve in the medium term.

CARE reaffirms ratings on Modison Metals bank facilities; Stock gains 1%

Modison Metals standalone net profit declines 35.11% in the December 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

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

Modison Metals Limited is engaged in the manufacture of electrical contacts/high voltage capacitors (hvc)/Sulfur Hexafluoride (SF6) contacts used in transmission, distribution and utilization of power. 