Universal Autofoundry Ltd’s shares rose 19.98% after Q2 profit increased 6.28% to Rs 3.55cr. Revenues were down 5.91% to Rs 57.55cr. Profits up 132% sequentially to Rs 1.53cr. Shares at Rs 193 at 09.37am on BSE.

Universal Autofoundry shares surge on Q1 results

Bonus shares issued to those members of the Company entitle thereto as on October 08, 2021, being the Record date fixed for the purpose.

Unison Metals hits 52-week high on allotment of over 1.28 cr bonus shares

Recently, the Board decided to invest Rs50 lakh in wholly owned subsidiary named Chandanpani Private Limited.

Unison Metals hits 5% upper circuit as board fixes record date for bonus shares

Unison Metals reports consolidated net profit of Rs 0.37 crore in the December 2020 quarter

Hasn't fared well - amongst the low performers

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 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

Universal Autofoundry Limited manufactures iron casting components in Grey Iron and S.G. (Ductile) Iron, primarily for automotive sector. The Company mainly caters to requirement of commercial vehicle segment and tractor segment.