The current price-to-earnings multiple of most electronics manufacturing services companies, including Dixon, Kaynes Tech, Syrma SGS Tech, and Avalon Tech, is higher than their five-year average PE ratios
Q4 results today: 94 companies, including M&M and Vodafone Idea, to announce Q4 results for Jan-Mar 2024. M&M expected to report net profit between Rs 1,777-2,079 crore with revenue at Rs 24,051 crore. Vodafone Idea s Q4 net loss to widen between Rs 7,307-7,680 crore with revenue around Rs 10,690.
Shareholding data shows that fund managers raised their stake in Whirlpool of India by 20 percentage points to 31.14% in Q4FY24 against 11.12% in the preceding quarter ended December 31
JM said that Kaynes was on a journey of value addition with significant expansion of its PCBA business across various high-margin sectors. It achieved a "remarkable" order book CAGR of 96% from FY20-23 at Rs 3,790 crore which is 2.4X its trailing-twelve month revenue.