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Carborundum Universal Ltd Net profit increased by 36.9% in Q1FY24

Carborundum Universal Ltd Net profit increased by 36.9% in Q1FY24

As a tripartite partnership between the Murugappa Group, Carborundum Inc. in the USA, and the Universal Grinding Wheel Co. Ltd. in the UK, Carborundum Universal Limited (CUMI) was established in 1954. Carborundum Universal sells abrasives, electro minerals, and ceramics for 380 million dollars. The company produces nearly 20,000 different product variants at 25 different facilities [...]
Monopoly stock that manufactures mechanical seals for Nuclear reactors to add to your watchlist

Monopoly stock that manufactures mechanical seals for Nuclear reactors to add to your watchlist

The company designs and manufactures mechanical seals and related products. The company's mechanical seals are primarily employed in the pulp and paper, oil and gas, refinery, petrochemical, chemical, fertiliser, power, mining, aerospace, marine, pharmaceutical, and other industrial fields.  Sealmatic India Ltd shares were trading at Rs 590 on the Bombay Stock Exchange on Thursday, down [...]
Fundamentally strong stock that is trading at a discount of more than 30%; Do you hold it? 

Fundamentally strong stock that is trading at a discount of more than 30%; Do you hold it? 

A company is said to be “fundamentally strong” when it possesses a certain set of characteristics, viz, strong and consistent financials, low or zero leverage ratios, and many more.  Listed below is one such fundamentally strong stock that is trading at a discount of more than 30 percent from its 52-week high level:  Gujarat Fluorochemicals [...]
Titan Q1FY24 Net profit declined by 4% to Rs. 756 Cr

Titan Q1FY24 Net profit declined by 4% to Rs. 756 Cr

Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industries Development Corporation (TIDCO), began operations in 1984. Titan ranks as the world’s fifth-largest integrated own-brand watch producer. Titan has developed lifestyle brands across numerous product categories over the past three decades and has entered underserved areas. In November 2020, [...]
MAS Financial Services Posts Impressive Q1 ‘24 Results with 26.23% AUM Growth and 25.38% PAT Increase

MAS Financial Services Posts Impressive Q1 ‘24 Results with 26.23% AUM Growth and 25.38% PAT Increase

The company reports strong growth of 26.23% in AUM and 25.38% in PAT YOY Ahmedabad, Gujarat, India The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th June 2023. The consistent financial performance during all [...]
Glenmark and Omron Healthcare collaborate to treat young individuals with hypertension

Glenmark and Omron Healthcare collaborate to treat young individuals with hypertension

Glenmark was established with the goal of becoming a preeminent, fully integrated, international pharmaceutical firm. The company's branded generics division is well-established in emerging market markets like India. The generics industry serves the needs of developed markets like the United States and Western Europe. The company's API division sells its goods in more than 65 [...]