The results season has started where the companies listed on the Indian stock exchange are releasing their Q2FY24 results and other data relating to the company. Here are the three stocks held by Vijay Kedia that have portrayed robust financial performance.
Atul Auto Limited
At the day’s closing on November 10, 2023, the shares of Atul Auto Limited were trading at Rs. 628.25 up 0.75 percent from its previous day close price of Rs. 623.60 and its market capitalization is Rs. 1,747 Crores. Atul Auto is engaged in manufacturing and selling of Auto Rickshaws in domestic and overseas markets.
As of September 2023, Vijay Kedia holds a 20.91 percent stake in Atul Auto Limited consisting of 58,02,017 equity shares.
Its revenue from operations grew 24.60 percent YoY from Rs. 123.05 Crores in Q2FY23 to Rs. 153.17 Crores in Q2FY24 and Net Profit grew 159.41 percent YoY from loss of Rs. 0.12 Crores in Q2FY23 to Rs. 7.13 Crores in Q2FY24.
Talbros Automotive Products Limited
At the day’s closing the shares of Talbros Automotive Products Limited were trading at Rs. 238.65 down 1.06 percent from its previous day close price of Rss. 241.20 and its market capitalization is Rs. 1,471 Crores. Talbros Automotive Components is engaged in the business of manufacturing Gaskets and forging.
As of September 2023, Vijay Kedia holds a 1.22 percent stake in Talbros Automotive Products Limited consisting of 1,50,000 shares.
Its Revenue from operations grew 20.71 percent YoY From Rs. 160.73 Crores in Q2FY23 to Rs. 194.02 Crores in Q2FY24 and the Net Profit grew 53.41 percent YoY from Rs. 13.05 Crore in Q2FY23 to Rs. 20.02 Crores in Q2FY24.
Vaibhav Global Limited
At the day’s closing the shares of Vaibhav Global Limited were trading at Rs. 421.40 down 0.68 percent from its previous day close price of Rs. 424.30 and its market capitalization is Rs. 6,965 Crores. Vaibhav Global is an India-based omni-channel E-Retailer of a wide range of fashion jewellery, lifestyle products and accessories.
As of September 2023, Vijay Kedia holds a 1.98 percent stake in the Vaibhav Global Limited consisting of 32,75,152 shares.
Its Revenue from operations grew 9.08 percent YoY from Rs. 646.25 Crores in Q2FY23 to Rs. 704.99 Crores in Q2FY24 and Net Profit grew 26 percent YoY from Rs. 23.03 Crores in Q2FY23 to Rs. 29.02 Crores in Q2FY24.
Written by: Bharath K.S
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