In the past three months, Vardhman Special Steels has zoomed 49% and KPIT Technologies has surged 41% as compared to a 3% decline in the S&P BSE Sensex

Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months

Based on the industrial trends and individual performance of companies, HDFC Securities has picked Jindal Drilling & Industries, RACL Geartech, and Vardhman Special Steels for 2-3 quarters

Top fundamental stock picks by HDFC Securities

Vardhman Special Steels standalone net profit rises 15.31% in the September 2022 quarter

Vardhman Special Steels standalone net profit rises 8.99% in the June 2022 quarter

Vardhman Special Steels standalone net profit rises 10.74% in the March 2022 quarter

Tata Steel and Vardhman Special Steels are the brokerage’s top stock picks in the metals sector with three months time frame

Metal stocks to buy: Here are ICICI Securities’ top 2 picks

The volumes for the quarter stood at 44,723 tonnes as against 45,964 tonnes in Q3FY21.

Vardhman Special Steels ends higher despite 10.15% yoy decline in Q3 PAT to Rs19.47cr

Top picks by Narendra Solanki for Samvat 2078 are Infosys, Hindalco, Coforge, Indo Count Industries, Rossari Biotech and Vardhman Special Steels.

Narendra Solanki Of Anand Rathi Sees Nifty At 19,700, Rs 1-1.3 Lakh Crore Of IPOs By Diwali 2022

Q2FY22 volumes at 43,283 MT. Revenue from Operations stood at Rs335.65cr, a growth of 35.84% yoy.

Vardhman Special Steels Q2 Profit at Rs24.29cr, increase of 172% yoy; Stock up 1%

Vardhman Special Steels has posted a good set of earnings in their second quarter. Sachin Jain, the Vice Chairman and Managing Director of the company, joins in to discuss their numbers and future business outlook.

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Good Q2 For Vardhman Special Steels, VC Sachit Jain Shares Biz Outlook | Midcap Radar | CNBC-TV18

Vardhman Special Steels standalone net profit rises 171.70% in the September 2021 quarter

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 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

Vardhaman Special Steels Limited is engaged in the manufacturing of billet, steel bars and rods, and bright bars of various categories of special and alloy steels.