SAT Industries sold 4.05 percent equity shares held in its material subsidiary, Aeroflex Industries Ltd, to Ashish Kacholia and Bengal Finance & Investments Private Ltd for an aggregate amount of Rs 40.56 crore.

SAT Industries gains over 3% as ace investor Ashish Kacholia picks stake

Buzzing stocks of IOC, Bharti Airtel, LIC Housing, Bank of Baroda, Jindal Steel & Power, Chemplast Sanmar, Eiko Life, CreditAccess, Granules India, Paris Defence, HDFC, SAT Industries, Jupiter Wagons, Rajoo Engineers, HDFC, Vedanta

Stocks to watch on May 16, 2023

The initial public offering (IPO) consists of a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale (OFS) of up to 1.75 crore equity shares by promoter entities -- Sat Industries and Italica Global FZC, according to the draft red herring prospectus (DRHP).

Aeroflex Industries Files Draft Papers To Raise Rs 350 Cr Via IPO

Cool Caps Industries Ltd., Sat Industries, Radaan Media, Varanium Cloud Ltd. and Felix Industries, hit their fresh 52-week highs at 10:45AM.

Stock market update: Stocks that hit 52-week highs on NSE

The board of SAT Industries approved offloading stake in Genext Students to Navneet Futuretech.

SAT Inds to sell stake in Genext Students

Buzzing stocks: Infosys, Den Networks, Tata Steel, TVS Motor, HeidelbergCement, Thermax, Fino Payments, Indiabulls Real Estate, RITES, Jaykay Enterprises, Indsil Hydro, Shivalik Bimetal, Sat Industries

Stocks that will see action on April 13, 2022

Sat Industries consolidated net profit rises 96.74% in the September 2021 quarter

Sat Industries reports consolidated net profit of Rs 7.33 crore in the June 2021 quarter

Genext Students Private Limited is engaged in the business of Ed-tech solution offering LIVE Online Classes for students of grades 5-12.

Sat Industries increases its stake in Genext Students to 30.09%; Stock gains 2%

Sat Industries reports consolidated net loss of Rs 0.32 crore in the March 2021 quarter

Sat Industries consolidated net profit declines 0.20% in the December 2020 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

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

Sat Industries Limited is engaged in the business of general trading mainly fabric, and leasing of machinery and molds. It also makes Polypropylene (PP) Woven Bags and Sacks.