Stocks to watch out for today: Glenmark Pharma, Fortis Health Care, Navkar Corporation, Ambuja Cements, BHEL, Delhivery, PB Fintech and more

Stocks in news: Adani Ports, Ambuja Cements, Delhivery, PB Fintech and more

Navkar Corporation standalone net profit rises 98.28% in the September 2022 quarter

The company will utilise the consideration for further expansion of business.

Navkar Corporation’s board nods at transfer of assets to Adani Logistics; stock soars ~7%

Board of Navkar Corporation approves transfer of assets to Adani Logistics

Adani Ports and Special Economic Zone Ltd (APSEZ), has acquired inland container depot (ICD) Tumb from Navkar Corporation for Rs 835 crore.

Adani Logistics to buy inland container depot Tumb for Rs 835 crore

Depot has capacity to handle 0.5 million TEUs

Adani Logistics to acquire ICD Tumb from Navkar Corp. for ₹835 cr.

Adani Logistics has signed a definitive agreement to acquire the ICD “Tumb” (Vapi) from Navkar Corporation Ltd for an enterprise value of Rs 835 crore

Adani Logistics acquires ICD ‘Tumb’ in Vapi from Navkar Corporation

Adani Logistics, a wholly owned subsidiary of Adani Ports and SEZ, has signed a definitive agreement to acquire the ICD “Tumb” (Vapi) from Navkar Corporation for an enterprise value of Rs 835 crore

Navkar Corporation tumbles 24% from day’s high on heavy volumes

Navkar Corporation standalone net profit rises 277.71% in the March 2022 quarter

Navkar Corp Standalone December 2021 Net Sales at Rs 217.55 crore, up 14.47% Y-o-Y

The office of Divisional Railway Manager (operations), Ahmedabad have accorded In-principle approval for construction of Private Freight Terminal at Manaba Taluka.

Navkar Corporation surges near 8% on getting LOI for setting of Inland container depot in Gujarat

Hasn't faired well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less 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

Navkar Corporation Limited is a holding company. The Company is engaged in container freight station (CFS) operations and related activities.