Fundamentally strong companies possess strong financials, such as a low debt-to-equity ratio, considerable profit growth, and consistent cash flow. Such companies are more likely to endure and emerge stronger from market downturns.
Here are three stocks priced under Rs 100, with Foreign Institutional Investor (FII) holdings of up to 47%.
Suzlon Energy Ltd
Suzlon Energy Ltd., an end-to-end wind power solutions supplier in India, manufactures wind turbine generators, power generation equipment, and related equipment., Suzlon is a market leader with 111+ wind farms and an installed capacity of over 14,490 MW.
Suzlon Energy Ltd is a renewable energy solutions provider and is in the business of manufacturing, project execution, operation and maintenance of wind turbine generators, and the sale of related components.
Suzlon Energy Ltd is a large-cap stock with a market capitalization of Rs 72,278 crore. On Wednesday the company shares were trading at Rs 53.25, up 0.41 percent from the previous close price.
Over the past three years, it has reduced its debt from Rs 12,000 crore in FY20 to nil in FY24 through various debt-to-equity conversions. Suzlon Energy Ltd., the wind turbine generator manufacturer, has increased its market share to 27% in the financial year 2024 from 22% in the financial year 2023.
Suzlon Energy Ltd shares have gained 38% over the last six months and 257% over the last 12 months.
The company’s revenue has increased by 9.5 percent yearly, from Rs 5,971 crore in FY22-23 to Rs 6,529 crore in FY23-24 During the same timeframe, Net profit has declined by 77 percent from Rs 2,887 crore to Rs 660 crore.
As per recent shareholding, the company promoter holds a 13.28 percent stake, while foreign institutional investors hold 19.57 percent and domestic institutional investors hold a 6.30 percent stake in the company.
In the recent fiscal year, the company reported a net profit margin of 10.11 percent and an operating margin of 13.44 percent. Further, the company’s return on equity stands at 16.84 percent and the return on capital employed at 21.04 percent.
IRB Infrastructure Developers Ltd
IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also in
other business segments in the infrastructure sector, including maintenance of roads, construction, airport development, and real estate.
IRB Infrastructure Developers Ltd is a Mid-cap stock with a market capitalization of Rs 39,247 crore. On Wednesday the company shares were trading at Rs 64.97, up 0.28 percent from the previous close price.
The company’s revenue has increased by 15.7 percent yearly, from Rs 6,402 crore in FY22-23 to Rs 7,409 crore in FY23-24 During the same timeframe, Net profit has declined by 15.8 percent from Rs 720 crore to Rs 606 crore.
IRB Infrastructure Developers Ltd shares have gained 56 percent in the last six months and 140 percent in the last 12 months.
As per recent shareholding, the company promoter holds a 34.39 percent stake, while foreign institutional investors hold 47.21 percent and domestic institutional investors hold a 7.78 percent stake in the company.
In the recent fiscal year, the company reported a net profit margin of 12.42 percent and an operating margin of 42.24 percent. Further, the company’s return on equity stands at 4.40 percent and the return on capital employed at 7.63 percent.
Motherson Sumi Wiring India Ltd
Samvardhana Motherson International Limited (SAMIL) is one of the largest and fastest-growing automotive OEM suppliers in the world. It is a diversified global manufacturing expert and is one of the top 25 global automotive suppliers.
The company is engaged primarily in the manufacture and sale of components to automotive original equipment manufacturers. India’s.
The company has a 24 percent global market share in the manufacture of exterior mirrors for passenger cars, commercial vehicles, and heavy trucks and is a leading specialist in the automotive industry for camera-based sensing systems.
The Group is India’s biggest manufacturer of wire harnesses for passenger automobiles, with a 40% market share.
Motherson Sumi Wiring India Ltd is a Mid-cap stock with a market capitalization of Rs 32,486 crore. On Wednesday the company shares were trading at Rs 73.51, up 0.78 percent from the previous close price.
Motherson Sumi Wiring India shares have gained 23 percent in the last six months and 32 percent in a year.
According to financials, operational revenue climbed by 18 percent from Rs 7,057 crore in FY22-23 to Rs 8,328 crore in FY23-24, while net profit increased by 31 percent from Rs 487 crore to Rs 638 crore over the same time.
As per recent shareholding, the company promoter holds a 61.73 percent stake, while foreign institutional investors hold 10.96 percent and domestic institutional investors hold a 16.22 percent stake in the company.
In the recent fiscal year, the company reported a net profit margin of 7.66 percent and an operating margin of 10.48 percent. Further, the company’s return on equity stands at 38.06 percent and the return on capital employed at 45.66 percent.
Written by Omkar Chitnis
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