Share the post "FII Data: Stock Market Insights on 17 Sep 2024 -Remsons Industries"
Company Logo | Company | Client Name | Buy/Sell | Qty Traded | Price | Trader Name |
---|---|---|---|---|---|---|
Modi’s Navnirman | Aegis Investment Fund | Buy | 960K | 299.21 | Bindiya Naresh Shah | |
Remsons Industries | Bnp Paribas Financial Markets | Buy | 600K | 190.20 | Na |
The 960K shares of Modi’s Navnirman have been purchased by the by Aegis Investment Fund through Foreign Investments at a price of ₹299.21 per share and it is sold by Bindiya Naresh Shah at a price of ₹299.21 per share.
The 600K shares of Remsons Industries have been purchased by the by Bnp Paribas Financial Markets through Foreign Investments at a price of ₹190.20 per share.
Remsons Industries Limited
765.04
Net Sales
27.02
Net Profit
771.94
Total Income
744.11
Expenditure
175
Current Price
603
Market Cap
For Remsons Industries Limited, the latest financial data showcases impressive results. The company reported net sales of ₹765.04 million and total income of ₹771.94 million for the quarter. Expenditure was ₹744.11 million, resulting in a net profit of ₹27.02 million. EPS for continuing operations was ₹0.77. Additional financial details include other income of ₹6.90 million, finance costs of ₹14.47 million, and employee benefit expenses of ₹170.63 million. Depreciation and amortization expenses were ₹29.57 million. Current tax was ₹8.95 million and deferred tax amounted to ₹1.05 million. Total comprehensive income for the period was ₹34.61 million, with other comprehensive income net of taxes at ₹7.59 million.
The company's market cap is ₹603 crore, with a stock price of ₹175. The historical stock range has been between ₹221 / 79.8. Its Price-to-Earnings (P/E) ratio of 44.1 indicates a high valuation. The book value per share is ₹31.9, and it has a dividend yield of 0.17%. The ROCE is 15.4% and ROE is 17.7%. With a very low debt-to-equity ratio of 0.61, the company is minimally leveraged. However, it reports a negative net cash flow of ₹-4.30 crore. The Piotroski score of 7.00 and the Graham Number of ₹56.4 show mixed financial indicators, while the Price-to-Book (P/B) ratio of 5.49 suggests the stock is trading at a premium.