Loading..

Industrial & Prudential Investment Company Limited (501298) Report Analysis

Corporate Events

Neutral

Industrial & Prudential Investment Company Limi...

2022-10-31 12:00:00

Industrial & Prudential Investment Company Limited announced that they will report Q2, 2023 results on Nov 11, 2022

Neutral

Industrial & Prudential Investment Company Limi...

2022-10-31 12:00:00

Industrial & Prudential Investment Company Limited, Board Meeting, Nov 11, 2022, at 15:30 Indian Standard Time. Agenda: To approve and adopt u...

Positive

Industrial & Prudential Investment Company Limi...

2022-08-06 10:38:00

Industrial & Prudential Investment Company Limited at its AGM held on 5th August, 2022 approved final dividend of INR 50 per equity share of I...

Neutral

Industrial & Prudential Investment Company Limi...

2022-08-04 13:16:00

Industrial & Prudential Investment Company Limited announced that they will report Q1, 2023 results on Aug 12, 2022

Neutral

Industrial & Prudential Investment Company Limi...

2022-08-04 13:16:00

Industrial & Prudential Investment Company Limited, Board Meeting, Aug 12, 2022, at 16:00 Indian Standard Time. Agenda: To approve and adopt u...

Positive

Industrial & Prudential Investment Company Limi...

2022-05-20 13:46:00

Industrial & Prudential Investment Company Limited recommended a dividend of INR 50 per share for the financial year ended 31st March, 2022. I...

Neutral

Industrial & Prudential Investment Company Limi...

2022-05-20 13:46:00

AGM

Neutral

Industrial & Prudential Investment Company Limi...

2022-05-20 13:46:00

Industrial & Prudential Investment Company Limited, Annual General Meeting, Aug 05, 2022, at 15:00 Indian Standard Time. Agenda: To consider A...

Positive

Industrial & Prudential Investment Company Limi...

2022-05-20 00:00:00

Industrial & Prudential Investment Company Limited, 50.0 (INR), Cash Dividend, Jul-28-2022

Neutral

Industrial & Prudential Investment Company Limi...

2022-05-13 12:05:00

Industrial & Prudential Investment Company Limited announced that they will report Q4, 2022 results at 4:30 PM, Indian Standard Time on May 20, 2022

Neutral

Industrial & Prudential Investment Company Limi...

2022-05-13 12:05:00

Industrial & Prudential Investment Company Limited, Board Meeting, May 20, 2022, at 16:30 Indian Standard Time. Agenda: To approve and adopt a...

Neutral

Industrial & Prudential Investment Company Limi...

2022-02-01 12:23:00

Industrial & Prudential Investment Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022

Neutral

Industrial & Prudential Investment Company Limi...

2022-02-01 12:23:00

Industrial & Prudential Investment Company Limited, Board Meeting, Feb 14, 2022, at 15:00 Indian Standard Time. Agenda: To approve and adopt u...

Neutral

Industrial & Prudential Investment Company Limi...

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited - Shareholder/Analyst Call

Neutral

Industrial & Prudential Investment Company Limi...

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited, Special/Extraordinary Shareholders Meeting, Feb 04, 2022, at 15:00 Indian Standard Time. A...

Negative

Industrial & Prudential Investment Company Limi...

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited at its EGM held on February 4, 2022, appointed Statutory Auditors to fill casual vacancy ca...

Neutral

Industrial & Prudential Investment Company Limi...

2021-12-04 12:15:00

Industrial & Prudential Investment Company Limited, Board Meeting, Dec 11, 2021, at 14:30 Indian Standard Time. Agenda: To accept resignation ...

Neutral

Industrial & Prudential Investment Company Limited to Report Q2, 2023 Results on Nov 11, 2022

2022-10-31 12:00:00

Industrial & Prudential Investment Company Limited announced that they will report Q2, 2023 results on Nov 11, 2022

Neutral

Industrial & Prudential Investment Company Limited, Board Meeting, Nov 11, 2022

2022-10-31 12:00:00

Industrial & Prudential Investment Company Limited, Board Meeting, Nov 11, 2022, at 15:30 Indian Standard Time. Agenda: To approve and adopt unaudited Financial Results for the quarter and half year ended 30th September, 2022.

Positive

Industrial & Prudential Investment Company Limited Approves Final Dividend for the Financial Year Ended 31st March, 2022

2022-08-06 10:38:00

Industrial & Prudential Investment Company Limited at its AGM held on 5th August, 2022 approved final dividend of INR 50 per equity share of INR 10 each for the financial year ended 31st March, 2022.

Neutral

Industrial & Prudential Investment Company Limited to Report Q1, 2023 Results on Aug 12, 2022

2022-08-04 13:16:00

Industrial & Prudential Investment Company Limited announced that they will report Q1, 2023 results on Aug 12, 2022

Neutral

Industrial & Prudential Investment Company Limited, Board Meeting, Aug 12, 2022

2022-08-04 13:16:00

Industrial & Prudential Investment Company Limited, Board Meeting, Aug 12, 2022, at 16:00 Indian Standard Time. Agenda: To approve and adopt unaudited Financial Results for the quarter ended 30th June, 2022.

Positive

Industrial & Prudential Investment Company Limited Recommends Dividend ,Payable on or Before 4Th September, 2022

2022-05-20 13:46:00

Industrial & Prudential Investment Company Limited recommended a dividend of INR 50 per share for the financial year ended 31st March, 2022. If dividend as recommended by the Board of Directors is approved at the Annual General Meeting to be held on 5th August, 2022, payment of such dividend will be made on or before 4th September.

Neutral

Industrial & Prudential Investment Company Limited - Shareholder/Analyst Call

2022-05-20 13:46:00

AGM

Neutral

Industrial & Prudential Investment Company Limited, Annual General Meeting, Aug 05, 2022

2022-05-20 13:46:00

Industrial & Prudential Investment Company Limited, Annual General Meeting, Aug 05, 2022, at 15:00 Indian Standard Time. Agenda: To consider Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022, the Reports of the Board of Directors and the Auditors thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022; to declare a dividend; and to consider other matters.

Positive

Industrial & Prudential Investment Company Limited, 50.0 (INR), Cash Dividend, Jul-28-2022

2022-05-20 00:00:00

Industrial & Prudential Investment Company Limited, 50.0 (INR), Cash Dividend, Jul-28-2022

Neutral

Industrial & Prudential Investment Company Limited to Report Q4, 2022 Results on May 20, 2022

2022-05-13 12:05:00

Industrial & Prudential Investment Company Limited announced that they will report Q4, 2022 results at 4:30 PM, Indian Standard Time on May 20, 2022

Neutral

Industrial & Prudential Investment Company Limited, Board Meeting, May 20, 2022

2022-05-13 12:05:00

Industrial & Prudential Investment Company Limited, Board Meeting, May 20, 2022, at 16:30 Indian Standard Time. Agenda: To approve and adopt audited financial results for the quarter and year ended 31st march 2022; to declare a Dividend; to approve and recommend to the Members for appointment of M/s S Jaykishan Chartered Accountants as statutory auditor for five years; to approve appointment of Mr. Probir Roy, independent director, for consecutive second term; to approve appointment of Mr. Debanjan Mandal, independent director, for consecutive second term; and to convene 106th Annual General Meeting.

Neutral

Industrial & Prudential Investment Company Limited to Report Q3, 2022 Results on Feb 14, 2022

2022-02-01 12:23:00

Industrial & Prudential Investment Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022

Neutral

Industrial & Prudential Investment Company Limited, Board Meeting, Feb 14, 2022

2022-02-01 12:23:00

Industrial & Prudential Investment Company Limited, Board Meeting, Feb 14, 2022, at 15:00 Indian Standard Time. Agenda: To approve and adopt unaudited Financial Results for the quarter ended 31st December, 2021.

Neutral

Industrial & Prudential Investment Company Limited - Shareholder/Analyst Call

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited - Shareholder/Analyst Call

Neutral

Industrial & Prudential Investment Company Limited, Special/Extraordinary Shareholders Meeting, Feb 04, 2022

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited, Special/Extraordinary Shareholders Meeting, Feb 04, 2022, at 15:00 Indian Standard Time. Agenda: To consider the appointment of Statutory Auditors to fill casual vacancy caused due to resignation of M/s. Lodha & Co., Chartered Accountants (FRN: 301051E).

Negative

Industrial & Prudential Investment Company Limited Appoints S. Jaykishan Chartered Accountants as Statutory Auditors

2022-01-13 10:54:00

Industrial & Prudential Investment Company Limited at its EGM held on February 4, 2022, appointed Statutory Auditors to fill casual vacancy caused due to resignation of M/s. Lodha & Co., Chartered Accountants. The company approved M/s S Jaykishan, Chartered Accountants (FRN: 309005E) shall hold the office as Statutory Auditor of the Company for a period up to the conclusion of upcoming Annual General Meeting of the Company and they shall conduct the Statutory Audit for the financial year ending on 31 March, 2022.

Neutral

Industrial & Prudential Investment Company Limited, Board Meeting, Dec 11, 2021

2021-12-04 12:15:00

Industrial & Prudential Investment Company Limited, Board Meeting, Dec 11, 2021, at 14:30 Indian Standard Time. Agenda: To accept resignation of Statutory Auditor Lodha & Co.; to consider the change of statutory auditor of the company; and to consider the other matters.

Fundamental Summary

At a high level, the metrics from Industrial & Prudential's Q1 financial report release provided many positive indicators. Their income and value factors indicate a well-executed and balanced strategy, which is generating exciting income. We expect that this positive performance will continue in the coming months, and anticipate that Industrial & Prudential will maintain good momentum even in a challenging environment. As such, Industrial & Prudential received an overall score of 85 and a BUY recommendation.

Industrial & Prudential reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 16.88 million compared to INR 13.75 million a year ago. Net income was INR 104.59 million compared to INR 68.8 million a year ago. Basic earnings per share from continuing operations was INR 62.41 compared to INR 41.05 a year ago. Diluted earnings per share from continuing operations was INR 62.41 compared to INR 41.05 a year ago.For the six months, revenue was INR 37.69 million compared to INR 40.48 million a year ago. Net income was INR 211.73 million compared to INR 175.22 million a year ago. Basic earnings per share from continuing operations was INR 126.34 compared to INR 104.56 a year ago. Diluted earnings per share from continuing operations was INR 126.34 compared to INR 104.56 a year ago.

Business Description

Industrial & Prudential is a publicly owned investment manager. The firm is zero debt company and has equity investment portfolios. Industrial & Prudential is based in Mumbai, India with an additional office in Kolkata, India.

Sector Overview

Industrial & Prudential is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Industrial & Prudential's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 6.4B 23.3% 58
Liabilities 261.2M 195.2% 77
Price to Book 0.4 10.1% 87
Cash & Equivalents 8.0M 48.2% 81
Equity 6.2B 20.4% 66
Total Revenues 69.2M -15.2% 47
Parameter Value Change Score
Return on Equity 6.5 3.5% 61
Net Cashflow 4.7M 154.6% 59
Asset Turnover 0.0 -32.8% 88
Free Cashflow Per Share 24.8 -42.5% 77
* All values are TTM

The below chart reflects Industrial & Prudential's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Industrial & Prudential's peer average final assessment score stands on 68, Industrial & Prudential's score is 85.

  •  501298
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 20 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 21 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 22 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 23 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 24 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 25 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 26 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 27 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 28 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 29 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 30 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 31 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 32 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 33 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 34 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 35 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 36 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 37 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 38 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 39 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 40 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 41 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 42 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 43 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 44 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 45 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 46 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 47 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 48 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 49 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 50 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 51 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 52 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 53 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 54 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 55 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 56 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 57 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 58 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 59 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 60 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 61 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 62 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 63 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 64 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 65 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 66 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Neutral
64

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Industrial & Prudential Investment Company Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect Industrial & Prudential Investment Company Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated Industrial & Prudential Investment Company Limited macro environment with the score of 64.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Industrial & Prudential's stock is now priced above its 5-day and 200-day, but below its 50-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Industrial & Prudential's stock appears overbought. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.

Bearish 47
Close Price 1900.0
52W Low 1311.0
52W High 2080.0
5D MA 1875.98
50D MA 1931.05
200D MA 1611.33
MACD -12.13
RSI 85.83
STOCH 100.0

Balance Sheet Analysis

Industrial & Prudential appears likely to maintain its strong balance sheet metrics and momentum going forward. Industrial & Prudential publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 0.4 and represents a 10.1% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. Consequently, their book value factors movement received a grade of 87. Also, Industrial & Prudential's management was effective in improving its cash and cash equivalents metrics, which now sit at 8.0M. This represents 48.2% change from the last reporting period. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 81. On the other hand, Assets, jumped out as looking rather underwhelming. Industrial & Prudential assets metrics were reported as 6.4B, representing a 23.3% change from the last filing. The lack of good news about assets momentum should be a cause for concern and is often met with downward pressure on the company's stock price. Consequently, their asset movement received a grade of 58. Their balance sheet, therefore, earned a score of 89.

Parameter Value Change Score
Assets 6.4B 23.3% 58
Liabilities 261.2M 195.2% 77
Price to Book 0.4 10.1% 87
Cash & Equivalents 8.0M 48.2% 81
Equity 6.2B 20.4% 66
* All values are TTM

The below chart describes Industrial & Prudential's performance as reflected on its balance sheet with respect to its peers. While Industrial & Prudential received a balance sheet score of 89, the average of its peers stands on 72.

  •  501298
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 20 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 21 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 22 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 23 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 24 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 25 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 26 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 27 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 28 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 29 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 30 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 31 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 32 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 33 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 34 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 35 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 36 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 37 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 38 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 39 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 40 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 41 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 42 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 43 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 44 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 45 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 46 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 47 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 48 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 49 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 50 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 51 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 52 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 53 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 54 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 55 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 56 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 57 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 58 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 59 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 60 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 61 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 62 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 63 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 64 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 65 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 66 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Industrial & Prudential appears likely to maintain its strong income statement metrics, especially Return Factors. Return factors metrics and ratios were exceptional in this report. Industrial & Prudential reported a return on equity (ROE) ratio of 6.5, representing a change of 3.5% from the last report. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Consequently, their return factors received a grade of 61. That said, one metric, Revenue Efficiency, stood out as strongly negative. Industrial & Prudential reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 69.2M and represented -15.2% change from the previous period. This metric might have a 2.9 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Consequently, their revenue efficiency received a grade of 47. their income statement received an overall score of 68.

Parameter Value Change Score
Total Revenues 69.2M -15.2% 47
Return on Equity 6.5 3.5% 61
* All values are TTM

The below chart describes Industrial & Prudential's performance as reflected on its income statement with respect to its peers. While Industrial & Prudential received a income statement score of 68 , the average of its peers stands on 65.

  •  501298
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 20 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 21 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 22 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 23 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 24 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 25 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 26 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 27 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 28 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 29 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 30 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 31 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 32 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 33 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 34 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 35 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 36 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 37 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 38 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 39 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 40 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 41 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 42 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 43 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 44 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 45 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 46 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 47 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 48 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 49 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 50 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 51 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 52 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 53 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 54 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 55 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 56 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 57 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 58 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 59 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 60 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 61 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 62 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 63 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 64 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 65 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 66 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

Two metrics jump up as the most significant positive drivers of the cash flow's strength in Industrial & Prudential's recent report: Asset Turnover and Free Cash flow. Industrial & Prudential is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.0, representing a -32.8% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 3.4 percent by this parameter. Their asset turnover numbers are significantly more impressive when contrasted against their peers and competitors. The company's asset turnover movement, therefore, received a grade of 88. Also, Industrial & Prudential's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. Industrial & Prudential recorded free cash flow of 24.8, which represents a -42.5% change from the previous report. This parameter could affect companies in the same industry and market capitalization by up to 5.2%. Their free cash flow situation is all the more impressive relative to their peers and competitors. The company's free cash flow movement, therefore, received a grade of 77. That said, one metric, Net Cash Flow, stood out as strongly negative. Industrial & Prudential's management was not successful in meaningfully improving their cash flow metrics. As of the current filing, they were reported as 4.7M and represented a 154.6% change from the previous period. Their net cash flow momentum should be a cause for concern and could bring negative momentum for Industrial & Prudential's stock price going forward. Hence, their net cash flow earned a score of 59. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 87.

Parameter Value Change Score
Net Cashflow 4.7M 154.6% 59
Asset Turnover 0.0 -32.8% 88
Free Cashflow Per Share 24.8 -42.5% 77
* All values are TTM

The below chart describes Industrial & Prudential's performance as reflected on its cash flow with respect to its peers. While Industrial & Prudential received a cash flow score of 87, the average of its peers stands on 65.

  •  501298
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 20 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 21 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 22 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 23 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 24 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 25 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 26 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 27 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 28 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 29 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 30 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 31 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 32 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 33 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 34 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 35 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 36 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 37 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 38 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 39 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 40 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 41 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 42 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 43 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 44 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 45 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 46 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 47 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 48 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 49 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 50 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 51 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 52 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 53 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 54 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 55 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 56 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 57 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 58 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 59 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 60 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 61 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 62 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 63 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 64 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 65 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 66 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

This report, prepared and provided by Deshe Labs Ltd ("Deshe"), is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used, construed, or considered as financial or investment advice, an offer, a solicitation of any offer, a recommendation, or an offer to invest in, sell or buy the securities mentioned in this report or other form of a financial asset or as a marketing communication under FCA Rules. For the full disclaimer, click here.