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Stocks to Buy With Anil Singhvi: Technocraft Industries India is a top Sandeep Jain pick today

Stocks to Buy With With Anil Singhvi: In today s edition of Jain Sahab Ke Gems show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Technocraft Industries India Limited and here is why.
According to Sandeep Jain, Technocraft Industries India Limited manufactures construction equipment and apparel and has performed very well in the market so far. Technocraft was established in 1972 by two brothers S.K. Saraf and S.M. Saraf who are IIT Graduates and Technologists. The company produces drum closures, pipe, scaffolding, fence panels, yarns, and men s T-shirts. It is one of the largest and most recognized suppliers of Drum Closures in the world. ....

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Technocraft Industries (India) Limited Q3FY21 Consolidated Revenue from Operations at ₹ 335 Crores

Technocraft Industries (India) Limited Q3FY21 Consolidated Revenue from Operations at ₹ 335 Crores
Posted On:
2021-02-11 11:27:56
(Time Zone: Arizona, USA)
Technocraft Industries (India) Limited, amongst India s leading engineering Company announced its financial results on February 11, 2021 for the second quarter (Q3 FY21) ended on December 31, 2020.
Highlights of consolidated financials for the quarter are:
- Revenue from Operations for the quarter stood at ₹ 335 Crores in Q3 FY21 as compared of Rs. 327 Crores in Q3 FY20.
- EBIDTA for the Q3 FY21 stood at ₹ 77 Crores as against ₹ 69 Crores in Q3 FY20.
- Depreciation for the quarter increased by ₹ 5 Crores as a result of expansions across various divisions, result of which are likely to be seen in coming years. ....

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