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IPOs expected in the month of July, 2021

1• Rolex Rings
2• Glenmark Lifesciences
3• Seven Islands Shipping
4• Arohan Financial Services
5• Utkarsh Small Finance Bank
6• Paras Defence & Space Technologies
*Hinduja Global Solutions Ltd.* | *CMP* Rs. 2358 | *M Cap* Rs. 4923 Cr | *52 W H/L* 2358/515
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1563.6 Cr (7.3% QoQ, 21.6% YoY) vs QoQ Rs. 1456.8 Cr, YoY Rs. 1285.7 Cr
EBIDTA came at Rs. 234.2 Cr (13.5% QoQ, 31.7% YoY) vs QoQ Rs. 206.3 Cr, YoY Rs. 177.9 Cr
EBITDA Margin came at 15% vs QoQ 14.2%, YoY 13.8%
Adj. PAT came at Rs. 130.8 Cr vs QoQ Rs. 75.4 Cr, YoY Rs. 46.5 Cr
Quarter EPS is Rs. 62.6
Share is trading at P/E of 14.1x TTM EPS
Maan Aluminium call given to all group members on 11 June Friday made a high of 353.2❤️❤️

All Targets Done❤️
57% RETURNS DONE ❤️

Members can book profit at their own comfort or hold with TSL