Jain Saab Ke Gems  | "Sandeep Jain's Investment Playbook: Why Swaraj Engines is a Hot Pick!

Swaraj Engines rallied 5.59% to Rs 1,686 after the company’s standalone net profit increased 5.54% to Rs 43.19 crore in Q1 FY25 as against with Rs 40.92 crore posted in Q1 FY24.

Spotlight

Swaraj Engines hits record high after Q1 PAT jumps 5% YoY to Rs 43 cr

Earnings

Swaraj Engines standalone net profit rises 5.55% in the June 2024 quarter

Swaraj Engines, in its annual report for 2023-24, said the growing horticultural segment in the country also offers good opportunities to increase tractor penetration

Govt focus on agri, rural incomes to sustain tractor demand: Swaraj Engines

Swaraj Engines Standalone June 2023 Net Sales at Rs 399.83 crore, up 0.37% Y-o-Y

Swaraj Engines reported 15% rise in net profit to Rs 23.23 crore on a 17% increase in net operating revenue to Rs 278.93 crore in Q3 FY23 over Q3 FY22.

Swaraj Engines Q3 PAT up 15% YoY; sells nearly 27k engines

Bharti Airtel, 3i Infotech, Asahi India Glass, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi etc.

Q2 results this week: Bharti Airtel, Adani Ports, SBI, BoB and more

BUuzzing stocks: Cipla, Trident, M&M, Kirloskar Engines, Swaraj Engines, M&M Financial, Bombay Dyeing, Hero MotoCorp, Shilpa Medicare, Zydus Life, Udaipur Cement, Aster DM, Century Textiles

Stocks that will see action on September 23, 2022

ICICI Direct recommended hold rating on Swaraj Engines with a target price of Rs 2075 in its research report dated September 21, 2022.

Hold Swaraj Engines; target of Rs 2075: ICICI Direct

M&M Proposes to Acquire 17.41% stake (21,14,349 Equity shares) in Swaraj Engines. M&M proposes to acquire shares of Swaraj Engines Limited (“SEL”) from Kirloskar Industries Limited (“KIL”)
Post this M&M shareholding to increase from 34.72% to 52.13% .To acquire shares at a price of Rs.1,400/sh. All Cash deal aggregating to an approximate amount of Rs.296Cr
Swaraj Engine share was up over 13% in trade today but endingthe day with 4.75% of gains. Acquisition to be done at a discount of 17.5% from Tuesdays closing. Acquisition expected to get complete by 30th Sept.Deal consideration to be paid in Cash

#swarajengines #kirloskar #shares
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Swaraj Engines rallies after M&M proposes to raise stake to 52.13%

SEL manufactures and supplies diesel engines ranging from 22 HP to 65 HP for use in tractors to Mahindra & Mahindra Limited’s Farm Equipment Sector.

Swaraj Engines hits new 52-week high as M&M proposes to acquire 17.41% stake

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 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

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Swaraj Engines Limited is engaged in manufacturing engines for fitment into Swaraj tractors, which is manufactured by Mahindra & Mahindra Ltd. (M&M) at its Swaraj Division.