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- INTLCONV
INTLCONV
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- 5D
- 1M
- 6M
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Recent events
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News
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Corporate Actions
International Conveyors Acquires Equity Shares Of Can Fin Homes
Feb 25 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES EQUITY SHARES OF CAN FIN HOMES
Source text: ID:nBSE1hmDpY
Further company coverage: ICON.NS
(([email protected];))
Feb 25 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES EQUITY SHARES OF CAN FIN HOMES
Source text: ID:nBSE1hmDpY
Further company coverage: ICON.NS
(([email protected];))
Vopak expects decision on AVTL's IPO in first half of 2025, CFO says
By Anna Peverieri and Alban Kacher
Feb 19 (Reuters) - Dutch tank storage company Vopak VOPA.AS expects to receive the final decision on the initial public offering of its Indian joint venture Aegis Vopak (AVTL) in the first half of 2025, its finance chief said on Wednesday.
Vopak sold a small share as a private placement in 2024 to set the scene for the IPO and registered a net exceptional gain of 13 million euros ($13.6 million) from the deal, CFO Michiel Gilsing told Reuters.
"The ultimate valuation based on the private placement we built in 2024 looks pretty attractive," he said, adding that further gains would come depending AVTL's final valuation.
Vopak has terminals in seven Indian ports and expects to benefit from the dynamic growth of the country's economy, with many more investment opportunities, notably in the liquefied petroleum gas (LPG) market, Gilsing said.
Vopak said in November that AVTL had filed for an IPO worth 35 billion rupees ($403 million) with the Securities and Exchange Board of India.
The proceeds from the IPO will mainly be utilised for re-payment of debt and for acquiring an LPG terminal in the Indian city of Mangalore, Vopak said at the time.
($1 = 0.9594 euros)
($1 = 86.8400 Indian rupees)
(Reporting by Anna Peverieri and Alban Kacher in Gdansk; Editing by Milla Nissi)
(([email protected];))
By Anna Peverieri and Alban Kacher
Feb 19 (Reuters) - Dutch tank storage company Vopak VOPA.AS expects to receive the final decision on the initial public offering of its Indian joint venture Aegis Vopak (AVTL) in the first half of 2025, its finance chief said on Wednesday.
Vopak sold a small share as a private placement in 2024 to set the scene for the IPO and registered a net exceptional gain of 13 million euros ($13.6 million) from the deal, CFO Michiel Gilsing told Reuters.
"The ultimate valuation based on the private placement we built in 2024 looks pretty attractive," he said, adding that further gains would come depending AVTL's final valuation.
Vopak has terminals in seven Indian ports and expects to benefit from the dynamic growth of the country's economy, with many more investment opportunities, notably in the liquefied petroleum gas (LPG) market, Gilsing said.
Vopak said in November that AVTL had filed for an IPO worth 35 billion rupees ($403 million) with the Securities and Exchange Board of India.
The proceeds from the IPO will mainly be utilised for re-payment of debt and for acquiring an LPG terminal in the Indian city of Mangalore, Vopak said at the time.
($1 = 0.9594 euros)
($1 = 86.8400 Indian rupees)
(Reporting by Anna Peverieri and Alban Kacher in Gdansk; Editing by Milla Nissi)
(([email protected];))
International Conveyors Acquires Shares Of Sterling And Wilson Renewable Energy
Jan 14 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES SHARES OF STERLING AND WILSON RENEWABLE ENERGY
INTERNATIONAL CONVEYORS LTD - ACQUISITION COST IS 58.4 MILLION RUPEES
Source text: ID:nBSE1224Xz
Further company coverage: ICON.NS
(([email protected];))
Jan 14 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES SHARES OF STERLING AND WILSON RENEWABLE ENERGY
INTERNATIONAL CONVEYORS LTD - ACQUISITION COST IS 58.4 MILLION RUPEES
Source text: ID:nBSE1224Xz
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Names Yogesh Kajaria As Chairman And Managing Director
Dec 6 (Reuters) - International Conveyors Ltd ICON.NS:
NAMES YOGESH KAJARIA AS CHAIRMAN AND MANAGING DIRECTOR
CESSATION OF R. K. DABRIWALA AS MANAGING DIRECTOR
Source text: ID:nBSE5TCwHg
Further company coverage: ICON.NS
(([email protected];))
Dec 6 (Reuters) - International Conveyors Ltd ICON.NS:
NAMES YOGESH KAJARIA AS CHAIRMAN AND MANAGING DIRECTOR
CESSATION OF R. K. DABRIWALA AS MANAGING DIRECTOR
Source text: ID:nBSE5TCwHg
Further company coverage: ICON.NS
(([email protected];))
India's Gufic Biosciences falls on Q2 profit drop
** Shares of Gufic Biosciences GUFI.NS slip 6.1% to 418.50 rupees
** The pharmaceuticals co's Q2 consol total profit fell 6.2% y/y, revenue down 5% y/y
** Strategic initiatives,including increase in overall market share in Botulinum Toxin products, investments in new biological technology platform and commercialization of immuno-oncology therapy to boost growth over next few years, co says
** Stock up ~32% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Gufic Biosciences GUFI.NS slip 6.1% to 418.50 rupees
** The pharmaceuticals co's Q2 consol total profit fell 6.2% y/y, revenue down 5% y/y
** Strategic initiatives,including increase in overall market share in Botulinum Toxin products, investments in new biological technology platform and commercialization of immuno-oncology therapy to boost growth over next few years, co says
** Stock up ~32% YTD
(Reporting by Vijay Malkar)
(([email protected];))
International Conveyors Acquires Shares Worth 53.5 Mln Rupees Of IIFL Finance
Sept 26 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED SHARES WORTH 53.5 MILLION RUPEES OF IIFL FINANCE
Source text for Eikon: ID:nBSE2s3hHR
Further company coverage: ICON.NS
(([email protected];;))
Sept 26 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED SHARES WORTH 53.5 MILLION RUPEES OF IIFL FINANCE
Source text for Eikon: ID:nBSE2s3hHR
Further company coverage: ICON.NS
(([email protected];;))
International Conveyors Acquires Shares Of Sterling And Wilson Renewable For 28.8 Mln Rupees
Sept 23 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED SHARES OF STERLING AND WILSON RENEWABLE FOR 28.8 MILLION RUPEES
Source text for Eikon: ID:nBSE47KK63
Further company coverage: ICON.NS
(([email protected];;))
Sept 23 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED SHARES OF STERLING AND WILSON RENEWABLE FOR 28.8 MILLION RUPEES
Source text for Eikon: ID:nBSE47KK63
Further company coverage: ICON.NS
(([email protected];;))
International Conveyors Says Co Acquired Equity Shares Of V.I.P. Industries
July 10 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS - CO ACQUIRED EQUITY SHARES OF V.I.P. INDUSTRIES
INTERNATIONAL CONVEYORS - COST OF ACQUISITION 52.9 MILLION RUPEES
Source text for Eikon: ID:nBSE6Fk3CL
Further company coverage: ICON.NS
(([email protected];))
July 10 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS - CO ACQUIRED EQUITY SHARES OF V.I.P. INDUSTRIES
INTERNATIONAL CONVEYORS - COST OF ACQUISITION 52.9 MILLION RUPEES
Source text for Eikon: ID:nBSE6Fk3CL
Further company coverage: ICON.NS
(([email protected];))
India's International Conveyors rises after stake buy in Sheela Foam
** Shares of International Conveyors ICON.NS up 7.2% at 84.55 rupees, retreat from session's high of 8.7%
** ICON bought stake in home furnishing co Sheela Foam SHEF.NS for 31.4 mln rupees ($378,017)
** Stock has gained ~11% so far this week, on track to snap five straight weekly losses
** ICON stock has fallen 7% YTD
($1 = 83.0650 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of International Conveyors ICON.NS up 7.2% at 84.55 rupees, retreat from session's high of 8.7%
** ICON bought stake in home furnishing co Sheela Foam SHEF.NS for 31.4 mln rupees ($378,017)
** Stock has gained ~11% so far this week, on track to snap five straight weekly losses
** ICON stock has fallen 7% YTD
($1 = 83.0650 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
International Conveyors Acquired Some Shares Of Sheela Foam
March 20 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF SHEELA FOAM
33,570 EQUITY SHARES ACQUIRED OF SHEELA FOAM
Source text for Eikon: ID:nBSE2LvMmW
Further company coverage: ICON.NS
(([email protected];))
March 20 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF SHEELA FOAM
33,570 EQUITY SHARES ACQUIRED OF SHEELA FOAM
Source text for Eikon: ID:nBSE2LvMmW
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Acquired Shares Of Religare Enterprises For 99.6 Mln Rupees
March 15 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF RELIGARE ENTERPRISES
COST OF ACQUISITON AT 99.6 MILLION RUPEES
Source text for Eikon: ID:nBSE2mCb0M
Further company coverage: ICON.NS
(([email protected];))
March 15 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF RELIGARE ENTERPRISES
COST OF ACQUISITON AT 99.6 MILLION RUPEES
Source text for Eikon: ID:nBSE2mCb0M
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Acquires Equity Shares Of Campus Activewear
March 14 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF CAMPUS ACTIVEWEAR
DEAL FOR 46.9 MILLION RUPEES
Source text for Eikon: ID:nBSE1vJYSl
Further company coverage: ICON.NS
(([email protected];))
March 14 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF CAMPUS ACTIVEWEAR
DEAL FOR 46.9 MILLION RUPEES
Source text for Eikon: ID:nBSE1vJYSl
Further company coverage: ICON.NS
(([email protected];))
India's International Conveyors Sept-Quarter Consol Net Profit Jumps
Nov 13 (Reuters) - International Conveyors Ltd ICON.NS:
INDIA'S INTERNATIONAL CONVEYORS SEPT-QUARTER CONSOL NET PROFIT 229 MILLION RUPEES VERSUS PROFIT 72.2 MILLION RUPEES
INTERNATIONAL CONVEYORS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 427.6 MILLION RUPEES VERSUS 660 MILLION RUPEES
Source text for Eikon: ID:nBSE6FLYjm
Further company coverage: ICON.NS
(([email protected];))
Nov 13 (Reuters) - International Conveyors Ltd ICON.NS:
INDIA'S INTERNATIONAL CONVEYORS SEPT-QUARTER CONSOL NET PROFIT 229 MILLION RUPEES VERSUS PROFIT 72.2 MILLION RUPEES
INTERNATIONAL CONVEYORS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 427.6 MILLION RUPEES VERSUS 660 MILLION RUPEES
Source text for Eikon: ID:nBSE6FLYjm
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Acquires Equity Shares Of Gufic Biosciences
Nov 3 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF GUFIC BIOSCIENCES
COST OF ACQUISITION AT 27.9 MILLION RUPEES
Source text for Eikon: ID:nBSEwStVR
Further company coverage: ICON.NS
(([email protected];))
Nov 3 (Reuters) - International Conveyors Ltd ICON.NS:
ACQUIRED EQUITY SHARES OF GUFIC BIOSCIENCES
COST OF ACQUISITION AT 27.9 MILLION RUPEES
Source text for Eikon: ID:nBSEwStVR
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Acquired Equity Shares Of BSE
Aug 24 (Reuters) - BSE Ltd BSEL.NS:
ACQUIRED EQUITY SHARES OF BSE
COST OF ACQUISITION 100 MILLION RUPEES
Source text for Eikon: ID:nBSEbn1qDx
Further company coverage: BSEL.NS
(([email protected];))
Aug 24 (Reuters) - BSE Ltd BSEL.NS:
ACQUIRED EQUITY SHARES OF BSE
COST OF ACQUISITION 100 MILLION RUPEES
Source text for Eikon: ID:nBSEbn1qDx
Further company coverage: BSEL.NS
(([email protected];))
International Conveyors Says Received Income Tax Department Intimation For 21.2 Million Rupees
Aug 17 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - CO RECEIVED INTIMATION FROM INCOME TAX DEPARTMENT FOR 21.2 MILLION RUPEES
INTERNATIONAL CONVEYORS LTD - DEPARTMENT MISINTERPRETED INCOME COMPUTATION AND DISCLOSURE STANDARDS
INTERNATIONAL CONVEYORS LTD - CO HAS SUBMITTED ITS REPLY TO DEPARTMENT THAT INCOME TAX RETURN SUBMITTED BY CO IS ACCURATE
INTERNATIONAL CONVEYORS LTD - CO REQUESTED DEPARTMENT TO MAKE NECESSARY RECTIFICATION BY GIVING EFFECT OF ICDS ADJUSTMENTS
Source text for Eikon: ID:nBSE3Zz2HL
Further company coverage: ICON.NS
(([email protected];))
Aug 17 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - CO RECEIVED INTIMATION FROM INCOME TAX DEPARTMENT FOR 21.2 MILLION RUPEES
INTERNATIONAL CONVEYORS LTD - DEPARTMENT MISINTERPRETED INCOME COMPUTATION AND DISCLOSURE STANDARDS
INTERNATIONAL CONVEYORS LTD - CO HAS SUBMITTED ITS REPLY TO DEPARTMENT THAT INCOME TAX RETURN SUBMITTED BY CO IS ACCURATE
INTERNATIONAL CONVEYORS LTD - CO REQUESTED DEPARTMENT TO MAKE NECESSARY RECTIFICATION BY GIVING EFFECT OF ICDS ADJUSTMENTS
Source text for Eikon: ID:nBSE3Zz2HL
Further company coverage: ICON.NS
(([email protected];))
International Conveyors Final Dividend Of 1.1 Rupees Per Share
May 30 (Reuters) - International Conveyors Ltd ICON.NS:
FINAL DIVIDEND OF 1.1 RUPEES PER SHARE
Source text for Eikon: ID:nBSE5JqVn7
Further company coverage: ICON.NS
(([email protected];))
May 30 (Reuters) - International Conveyors Ltd ICON.NS:
FINAL DIVIDEND OF 1.1 RUPEES PER SHARE
Source text for Eikon: ID:nBSE5JqVn7
Further company coverage: ICON.NS
(([email protected];))
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What does International Convey do?
International Conveyors Limited, an Indian company since 1978, specializes in producing high-quality conveyor belting using solid woven fabric reinforcement and PVC coatings. They hold ISO 9001:2015 certification.
Who are the competitors of International Convey?
International Convey major competitors are Modern Insulators, Mazda, Forbes & Company, TRF, Patels Airtemp (I), Taneja Aerospace, GTV Engineering. Market Cap of International Convey is ₹488 Crs. While the median market cap of its peers are ₹477 Crs.
Is International Convey financially stable compared to its competitors?
International Convey seems to be less financially stable compared to its competitors. Altman Z score of International Convey is 2.59 and is ranked 6 out of its 8 competitors.
Does International Convey pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. International Convey latest dividend payout ratio is 11.17% and 3yr average dividend payout ratio is 25.89%
How has International Convey allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances
How strong is International Convey balance sheet?
Balance sheet of International Convey is moderately strong.
Is the profitablity of International Convey improving?
Yes, profit is increasing. The profit of International Convey is ₹84.75 Crs for TTM, ₹62.39 Crs for Mar 2024 and ₹28.73 Crs for Mar 2023.
Is the debt of International Convey increasing or decreasing?
The debt of International Convey is decreasing. Latest debt of International Convey is ₹82.91 Crs as of Sep-24. This is less than Mar-24 when it was ₹118 Crs.
Is International Convey stock expensive?
International Convey is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of International Convey is 5.76, while 3 year average PE is 19.3. Also latest EV/EBITDA of International Convey is 43.78 while 3yr average is 25.37.
Has the share price of International Convey grown faster than its competition?
International Convey has given lower returns compared to its competitors. International Convey has grown at ~14.47% over the last 4yrs while peers have grown at a median rate of 39.64%
Is the promoter bullish about International Convey?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 69.14% and last quarter promoter holding is 68.6%.
Are mutual funds buying/selling International Convey?
There is Insufficient data to gauge this.