scorecardresearchWonderla Holidays, Tata Elxsi; 60 BSE Small-cap stocks reached 52-week

Wonderla Holidays, Tata Elxsi; 60 BSE Small-cap stocks reached 52-week highs last week

Updated: 16 Aug 2022, 10:30 AM IST
TL;DR.

Wonderala holidays jumped 28.33% in the last week and touched its 52 week high of 369 on Friday. The stock rally after the company reported strong earnings. The company's profit after tax increased to 64.38 crore in the first quarter, up from 8.50 crore in the same quarter last year.

Tata Elxsi shares reached a 52-week high of  <span class='webrupee'>₹</span>10,374.95 on the NSE last week. The stock has zoomed by 9.98 percent in the last five trading sessions.

Tata Elxsi shares reached a 52-week high of 10,374.95 on the NSE last week. The stock has zoomed by 9.98 percent in the last five trading sessions.

The Indian equity markets ended in the green on August 12. The Sensex ended with a gain of 130 points, or 0.22%, at 59,462.78, while the Nifty closed at 17,698.15, up 39 points, or 0.22%. The BSE Midcap and Small-cap indices closed 0.15% and 0.39% higher, respectively.

On a weekly basis, the Sensex rose 1.84 percent, while the Nifty increased 1.73 percent. The BSE Small-cap index gained 1.09 percent in the same period, while the BSE Midcap index surged 1.17 percent.

On Friday, Brent crude oil dropped to around $98 per barrel. WTI finished down 2.4% at $92.09. The Indian rupee, on the other hand, fell 0.37 percent in the previous week and closed at 79.60 against the US dollar on Friday. The dollar index managed to regain some ground above the 105 mark, recovering from its lowest level in over a month.

Meanwhile, retail inflation fell to 6.71% in July from 7.1% in June. However, the CPI has breached the upper limit of the RBI target range of 2–6% for the seventh consecutive month.

In the last week, 60 stocks in the BSE small-cap index touched 52-week highs.

Wonderala holidays

Shares of Wonderala holidays jumped 28.33% in the last week and touched its 52-week high of 369 on Friday. The stock surpassed its previous high of 289.50 hit on August 08, 2022.

Since the beginning of the month, the stock has been moving higher, rising from 222.70 levels to 359.85, a return of 61.71 percent.

The stock rallied after the company reported strong earnings. The company's profit after tax increased to 64.38 crore in the first quarter, up from 8.50 crore in the same quarter last year.

The company posted a loss of 14 crore in the first quarter of 2020 due to the pandemic and it posted a loss of 15.8 crore in the second quarter of 2020. The losses continued till the second quarter of 2021. But finally, it ended with a profit of 4.5 crore in the third quarter of 2021.

The revenue from operations nearly doubled to 152.3 crore from 59.4 crore. In Q1 FY23, the operating profit increased from a loss of Rs10.1 crore to 91.3 crore. The EBITDA margin for the June quarter stood at 61.11%.

Footfalls for Q1FY23 were 11.18 lakhs as against 0.34 lakhs during the corresponding period of the last Financial Year. Footfall surpasses the pre-pandemic level. Achieved 26% revenue growth compared to Q1FY20.

Wonderla's share price rose 7.43% in Friday's trade. The stock hit an intraday high of 367.50 apiece on the BSE.

Scrip Name52-Week High
SKF India4,500
Apollo TriCoat Tubes1,049.25
APL Apollo Tubes1,128.40
Kennametal India2,475
Gujarat Fluorochemical3,588
Shoppers Stop647
KSB 1,735
Tata Elxsi10,374
Home First Finance 945
ZF Commercial Vehicle control System9,511
Devyani International 206.90
Power Mech Projects1,135.95
Wonderala Holidays369
Control Print499.00
Schaeffler India3,089
Navakar Corporation87.40
Kirloskar Pneumatic522.40
Himadri Specialty Chemicals99.00
Tata Chemicals1,160.00
Diamines & Chemicals 476.00
TGV SRAAC 122.20
Universal Cables204.80
Fineotex Chemical 273.45
Phoenix Mills1,399.00
Cantabil Retail India1,469.00
Sree Ryalaseema Hi-strength 836.00
Westlife Development636.55
EID Parry (India)591.30
Ganesh Housing Corporation 341.40
Mirza International 313.40
Timken India3,186.00
Safari Industries 1,381.55
NAVA Ltd213
AIA Engineering Ltd2,654.10
Mold-Tek Packaging Ltd948

On the other hand, JK Paper, Jyothy Labs, Deepak Fertilizers, Titagarh Wagons, TCPL packaging, Seshasayee paper & Boards, Tami Nadu Newsprint and Papers, Vadilal Industries, Metro Brand, Coromandel International, Great Eastern Shipping Company, Elgi Equipments, KEI Industries, Solar Industries India, Andhra Paper, Lemon Tree Hotels, West Coast Paper Mills, Aegis Logistics, Grindwell Norton, S Chand & Company, Welspun Enterprises, Astra Microwave products, Mangalore Chemicals & Fertilizers, Bhagiradha chemicals and industries also touched their 52 week highs.

Tata Elxsi

Tata Elxsi shares reached a 52-week high of 10,374.95 on the NSE last week. The stock has zoomed by 9.98 percent in the last five trading sessions.

On August 12, 2022, it crossed the 10,000 mark for the first time and reached a high of 10,374.95.

In YTD time, the stock has surged from around 5,580 to 10,238.05 levels, logging a near 75.0% rise in this period.

In the last one year, Tata Elxsi's share price has surged from 4,293 to current levels of 10,238.05, ascending to the tune of nearly 138.48 per cent in this period.

Further, in the last 5-year period, this IT stock has surged from 823.45 to 10,238.05 a piece, logging nearly 1,143 per cent.

Tata Elxis' net profit increased by 62.83 per cent year on year (YoY) to 184.7 crore in the June-ending quarter. In the corresponding quarter last year, the company posted a net profit of 113.4. Revenue from operations increased by 28% year on year to 736.2 crore, from 575.8 crore in the previous quarter.

Gujarat Fluoro chemicals

Gujarat Fluoro chemicals rallied 5 per cent to 3,554 during the last week after its consolidated net profit jumped 49 per cent to 306.3 crore in the June 2022 quarter as against 15.8 crore in the corresponding quarter of the preceding fiscal. The revenues were up 44.98% YoY to 1,360.2 crores in the June ending quarter.

As per Trendlyne, the company's operating revenue of 1,360 crore in the June quarter was one of the highest in the industry.

In Friday's trade, the stock hit an all-time high of 3,483.8 on the BSE. In the last month, the stock has returned 15.3 per cent to shareholders. Year to date, it is up 47.22 percent.

In the last one year, the stock value has increased by 109.61 per cent. At current levels, the stock is trading 118.75% above its 52-week low of Rs.1,624.7.

Schaeffler India Ltd.

Shares of Schaeffler India Ltd. surged 6.09% in the last five trading sessions and touched a 52-week high of 3,089.2 on Friday after it reported a stellar performance in Q1.

The company posted a 75.78% jump in its consolidated net profit to 225.8 crore for the June-ending quarter as against 128.1 crore in the corresponding quarter of the preceding fiscal.

Total revenue increased by nearly 41% to 1,765 crore in the June-end quarter of FY23, compared to 1,245.8 crore in the same period last year.

The operating profit increased 36.03%, from 207.1 crore to 321.7 crore. The EBITDA margin increased to 18.40% in Q1FY23 as against 16.79% in the corresponding quarter of last year.

The stock has gained significant traction in the last year, despite market pressure.

The stock gave a 1-year return of 123.34% as compared to the BSE small cap, which gave a return of 5.87% in the same period.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of MintGenie.

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Market fluctuations usually impact small cap funds relatively more vis-a-vis large cap ones.  
First Published: 16 Aug 2022, 10:30 AM IST