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HomeSHARE MARKETThis Rs 6.80 Share Got Huge Order Worth Rs 12 Crore! Share...

This Rs 6.80 Share Got Huge Order Worth Rs 12 Crore! Share Rising Rapidly

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This company’s share of textile sector in the share market has recently received a huge order. The company has stated that there is a chance of an increase in the price of this share. The share is trading at the price of Rs 6.80.

So initially, we will discuss the performance of the company. We will learn more about the current market position as well as information on returns and new orders, as per the news report of today. 

integra essentia share company information 

Integra essentia shares company was founded on August 6, 2007 as a five star mercantile limited that was changed to integra essentials and textiles limited on August 2, 2012.

The original and primary operation of the company is textiles but at present the business is FMG. It also has a presence in other areas such as infrastructure business, business for business and energy business. 

Current status of integra essentia share 

The market capitalization of this company stands at 308 crores. The Integra essentia shares currently has a debt of 28.4 crores. It has a sum of 5.56 crores that are available as free cash.

The promoter’s holding in the company is 20.81 percent, which means that the growth of sales for the company is 252.30 percent and the profits growth is 506.89 percent.

The company hasn’t yet declared dividends to its investors, which means its ROE stands at 28.5%, and ROCE is 13.9%.

Previous return information 

If we talk about the performance and returns of the company, Integra Essentia company share has given returns of -10 % in the past 6 months and 2% in the last year and 95% returns over the past 3 years, with 57% of returns over the past 5 years.

The company has given returns of 10,000 rupees to investors, which indicates that the company has delivered excellent returns to its investors over the long run. 

Received an order of Rs 12 Crore

An annual report released at the end of March in 2023 by Integra, the business reported net sales of 241 crores, and net profit was 6.60 crores. In June 2023, the company achieved net sales of 55 crores.

The company had a net profit of 1.11 crore. The stock is trading around Rs.6.80 at present and its 52-week high is 9.45 and the 52 week low is Rs 5.10. 

The current state of the business is satisfactory and, based on the information provided by the company, it is receiving a new order worth the amount of Rs. 12 crores. 

This order is actually coming from Bio Organic Foods to supply cashew nuts and rice to the company under the Ayush International Premium.

These orders have been delivered and the company hopes to finish the order in September 2023. 

Based on the company information, integra essentia stock is reported sales of 60 crores for the upcoming quarter.

Additionally, the company has succeeded in achieving sales of 117 crores every year, so currently, this company has seen impressive growth.

The company hopes to reach 270 crore in revenue during the current fiscal year, an increase of around 15% compared to the previous fiscal year.

Integra Essentia also plans to boost growth by diversifying its product line and pursuing opportunities to enhance the core by mergers and acquisitions that are in different levels of negotiation or consideration.

Integra Essentia is a Delhi-based company that is involved in activities related to Life Essentials, i.e. foods (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Infrastructure Development and Construction), energy (Materials, Products and Services for Renewable Energy Equipment and Projects) and numerous other Products and Services that are required to live a modern lifestyle.

Fundamental analysis of Integra Essentia

  • Market Cap ₹ 308 Cr.
  • Current Price ₹ 6.80
  • High / Low ₹ 9.45 / 5.10
  • Stock P/E 43.1
  • Book Value ₹ 1.65
  • Dividend Yield 0.00 %
  • ROCE 13.9 %
  • ROE 28.5 %
  • Face Value ₹ 1.00
  • Price to book value 4.13
  • Price to Earning 43.1
  • OPM 1.59 %
  • EPS ₹ 0.16
  • Debt ₹ 28.4 Cr.
  • Debt to equity 0.38
  • Return on equity 28.5 %
  • Return on assets 7.42 %

To Know More About The Integra Essentia Company’s Share And Its Future Price Targets, Click The Link Below:

Integra Essentia Share Price Target

What is the Future of Integra Essentia Company Stock?

Integra Essentia Company stock is booming after the company reported record sales growth in its latest quarter. This is a great sign that the company is on the right track.

The company plans to expand its market share in the agro-products segment. This is going to be a huge boost to the company’s earnings.

Growth in sales

Integra Essentia Company’s stock is going to boom if the sales of its products increase.

This is because the company has a wide variety of products to offer its customers, and this can help them boost their overall sales. This is important for any business to remain competitive and profitable.

The stock of Integra Essentia Limited started moving upwards as soon as it opened for trading. It seems that the positive sentiment in the market can continue tomorrow as well.

The stock is trading above its 50-day MA and 200-day MA, which is a positive sign.

Also, the RSI is generating a buy signal for short term and buying momentum is picking up. If these indicators continue to improve, the stock might go up further.

Increase in net profit

Integra Essentia Limited, formerly known as Integra Garments and Textiles Ltd, manufactures and markets garments. The Company offers products such as woven tops and woven shirts for men.

It also provides various washes, embroidery, and panel prints. Integra Essentia serves customers in India.

The company recently ventured into the wine business by purchasing assets from Chateau Indage Winery in Pune for around 40 million. It claimed that the acquisition was as per its planned long-term expansion plan.

The company’s stock rose 9% in the early hours of trading on Friday after it posted better-than-expected earnings for the first quarter of 2024.

The profit more than doubled compared with the same period last year, the company said in an exchange filing. Integra Essentia also said that the increase in sales should continue throughout the upcoming financial year.

It is aiming to achieve a sales turnover of about Rs 270 crore this fiscal. The company is backed by strong demand in the domestic market.

Increase in share price

Integra Essentia’s stock jumped for the second consecutive session on Friday following the announcement that the company received contracts to provide food items.

The company’s sales have also seen a significant increase recently. This has led to a boom in the company’s share price, which has increased by more than 30% over the last two weeks. This trend will likely continue into the future.

This is because the company is expected to deliver a double-digit growth in sales this year, which will lead to an increase in net profit as well.

The company is planning to expand its operations in the coming years, and this will likely drive its revenue even higher.

The company’s shares have seen a big increase in value recently, and it might be a good idea to invest in them.

However, it is important to remember that the price of the company’s shares can fluctuate, and it is always best to invest in companies with a stable share price.

Otherwise, you might end up losing a lot of money. To avoid this, you should invest in stocks with a stable price and a good market capitalization.

The company’s stock hit the upper circuit of 5 per cent and has gained more than 13 per cent in the last five sessions.

Profitability

In terms of profitability, the company has been able to improve its operating margins, which has led to an increase in net profit.

In addition, the company has also increased its dividend payout, which is a positive sign for investors.

This company has a very promising future and is a great stock to invest in. However, conducting a study before investing in this company is crucial.

Be sure to understand the business model of the company and the potential risks that come with it before you make the decision.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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