Pricol jumped 3.43% to Rs 517.60 after the company’s consolidated net profit jumped 42.69% to Rs 45.56 crore in Q1 FY25 as compared with Rs 31.93 crore in Q1 FY24.

Pricol hits record high after Q1 PAT climbs 43% YoY to Rs 45 cr

Pricol consolidated net profit rises 42.64% in the June 2024 quarter

Pricol standalone net profit rises 36.13% in the June 2024 quarter

Pricol Ltd, a Coimbatore-based vehicle dashboard manufacturer, leads in R&D spending, ensuring market leadership in auto components.

Pricol continues to flex its R&D muscle to retain its competitive edge in the market

According to Pricol’s December shareholding data, Minda Corp held a 15.70 percent stake in the company

Pricol block deal: 5.6% equity changes hands, Minda Corp likely seller

Minda Corp: Madras HC vacates injunction, paves way for CCI to take up Minda’s application to increase stake in Pricol. Minda purchased 15.7% stake in Pricol from open market, while Pricol promoters have no intention to sell any stake. Shares of Minda & Pricol ended lower.

MHC vacates interim order to let CCI take up Minda-Pricol stake tussle

Promoters of the auto components major have increased stake in the company by 1.38 percent.

Pricol share price spurts 2% after promoters raise their stake

The Madras High Court on Wednesday passed an interim order restraining Competition Commission of India (CCI) from taking the file or adjudicating the Minda Corporation application for acquiring a 24.5% stake in auto-components maker Pricol.

Court restrains Minda from raising stake in Pricol

The question is how far Minda will drive itself in its bid to acquire market share

Minda may have its work cut out raising stake in component major Pricol

Auto components maker Pricol Ltd on Thursday said it has moved the Madras High Court challenging the validity of the application of rival Minda Corporation to the Competition Commission of India to acquire a 24.5 per cent stake in it.

Pricol moves Madras HC challenging validity of Minda’s application to CCI

SBI, ITC, Tata Elxsi, Arvind, GAIL India, Vedant Fashions, Orchid Pharma, Poonawalla Fincorp, HDFC Bank, Jindal Stainless, JSW Steel, Pricol, Minda Corporation, Lancor Holdings, HCC, Gland Pharma, Jet Airways and KIMS are some of the stocks to watch today

Stocks that will see action today—May 18, 2023

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

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

Pricol Limited offers oil pumps and auto components for motor vehicles, motor cycles and three wheelers

Pricol Ltd