Veljan Denison standalone net profit declines 37.52% in the December 2022 quarter

The consumer discretionary goods and services (CDGS) industry is represented by Veljan Denison Ltd, a small cap company with a market cap of ₹309.42 crore

Multibagger stock shall pay ₹13 per share dividend soon: Check record date

The company informed that the cost of said acquisition is Euro 14,00,000 (approx. Rs112.87 crore).

Veljan Denison shoots up ~13% on acquisition of 100% stake in Adan Holdings

Veljan Denison standalone net profit declines 12.83% in the March 2021 quarter

Veljan Denison standalone net profit declines 54.35% in the December 2020 quarter

Price return has been average, nothing exciting

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 but is in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Veljan Denison Limited is a fluid power company that makes pumps, motors, valves and custom-built power systems/manifold blocks. 