Indian equity markets remain volatile on the back of rising crude oil prices and high inflation, FPI outflows, monetary tightening led by the US Federal Reserve, and a negative impact from the Russian-Ukraine War.
The BSE Sensex has tanked 3,959.86 points, or 7.15 cents, in six days of decline. The Sensex hit its fresh 52-week low of 50,921.22, while the Nifty plummeted to its 52-week low of 15,183.40 during Friday's intraday trade.
The continuous weak trend in equities has dragged down the market capitalisation of BSE-listed firms by ₹18,17,747.13 crore to ₹2,36,77,816.08 crore during this time (June 9–June 17).
However, despite a weak market, some stocks were able to manage to deliver a return of over 100% in the last one-year period.
Sindhu Trade Links
Sindhu Trade Links Limited is a small-cap company with a market capitalization of ₹5,096.1 crore. The company is engaged in the business of logistics, transportation, mining, coal beneficiation, power generation, sponge iron and steel, stock broking, media, finance, and food processing.
The stock has rallied 52.51% so far this year. Further, over the last one year, the market price of the stock has zoomed by 853.65 per cent.
In Monday's trade, Sindhu Trade Links stock was trading at ₹32.70 per share at 3:00 p.m., down 4.66 per cent from the previous day, versus a 0.60 per cent gain in the benchmark S&P BSE Sensex.
The stock quoted a 52-week low price of Rs.2.8 and a high of Rs.55.4, which means that the stock is trading 40.34% below its 52-week high.
Meanwhile, the company aims to be debt-free by 2023. On February 4, the company reduced its bank debt by ₹1,041.5 million.
"We are working on other alternative plans also to augment the long-term resources in order to reduce the bank debt further and are confident of becoming debt-free earlier than the envisaged timelines," said Satya Pal Sindhu, MD of STLL.
STLL's has five subsidiaries and associates involved in diversified businesses. For overseas coal mining businesses, the company has several step-down subsidiaries, associates, and joint ventures in Australia, Hong Kong, Singapore, and Indonesia.
Schaeffler India Ltd
Schaeffler India Ltd. shares have increased by more than 38.54% in the last six months. Over the last one-year period, the market price of the stock has increased by 106.59 per cent.
In Q1CY22, the company’s profit after tax (PAT) jumped 48 per cent year-on-year (YoY) to ₹207 crore from ₹140 crore in Q1CY21.
Revenue increased 19% year on year to ₹1,568 crore. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin increased to 19.8 per cent from 16.6 per cent as a result of consistently improving business mix and ongoing countermeasures.
The company is engaged in the development, manufacturing, and distribution of high-precision roller and ball bearings, engine systems and transmission components, chassis applications; clutch systems; and related machine-building manufacturing activities.
The company's annual revenue growth of 47.38% outperformed its 3-year CAGR of 6.51%.
Tata Elxsi
Tata Elxsi Ltd. (TEL) shares have rallied more than 34.98 per cent this year so far and have doubled investors’ money in the last one year. Tata Elxsi shares have risen from ₹3809.60 to ₹8,445, resulting in a multi-bagger return of 101.29 per cent in one year.
The stock's 52-week high and low levels were Rs. 3,555 apiece and Rs. 9,420 apiece, respectively. Taking the current price into account, the stock has risen 110.66% from its 52-week low.
Over the last five years, this flagship Tata group stock has risen from around ₹775 to ₹8160, a 955 per cent increase, or a CAGR of more than 60%.
The company's annual revenue growth of 34.8% outperformed its 3-year CAGR of 15.15%.
Sharekhan has assigned a 'buy' call rating to Tata Elxsi shares, with a target price of Rs. 9,750, indicating a 33 per cent upside potential from the stock’s last traded price.
Adani Power
Shares of Adani Power traded at ₹248.25 on the BSE at 3:00 p.m., on Monday, down 4.99 per cent from the previous close.
At the prevailing price, the stock traded at 20.20 times its trailing 12-month EPS of ₹12.73 per share and 5.39 times its book value.
The stock has risen 101.72 per cent in the last three months. Further, over the last six months, the market price of the stock has zoomed by 159.42 per cent.
Further, the stock has delivered a return of 119.28% in the last one year.
The company delivered an ROE of 26.26% in the year ending March 31, 2022, outperforming its five-year average of 4.64%.
Gujarat fluorochemicals
Shares of Gujarat Fluorochemicals gained more than 114.20 per cent in one year. It is up 13.27 per cent year to date.
The stock quoted a price-to-earnings (PE) ratio of 33.68, earnings per share (EPS) of ₹71.38, and a price-to-book value (PB) of 6.59, while the return on equity (ROE) stood at 18.35%.
At 3:00 p.m. Gujarat's fluorochemicals' stock was trading at ₹2,399 per share, down 5.41%. Considering the current price into account, the stock has risen 134.77% from its 52-week low.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of MintGenie.
