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- ISGEC
ISGEC
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Recent events
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News
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Corporate Actions
Isgec Heavy Engineering Says Appellate Authority Sets Aside Penalty Order For 27.1 Mln Rupees
March 3 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
APPELLATE AUTHORITY SETS ASIDE PENALTY ORDER FOR 27.1 MILLION RUPEES
Source text: ID:nNSE4yvn8j
Further company coverage: ISGE.NS
(([email protected];;))
March 3 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
APPELLATE AUTHORITY SETS ASIDE PENALTY ORDER FOR 27.1 MILLION RUPEES
Source text: ID:nNSE4yvn8j
Further company coverage: ISGE.NS
(([email protected];;))
India's Isgec Heavy Engineering rises on unit's stake sale plan
** Isgec Heavy Engineering ISGE.NS jumps 8.4% to 1,651.55 rupees
** Heavy engineering equipment maker's Singapore unit to sell 100% stake in subsidiary Bioeq Energy Holdings One to Triumph Excel for $10 mln
** Trading vols at 126,196, 2.6x the 30-day avg
** Relative strength index (RSI) rises to 80.5, suggesting stock might be overbought - LSEG
** ISGE up ~68% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Isgec Heavy Engineering ISGE.NS jumps 8.4% to 1,651.55 rupees
** Heavy engineering equipment maker's Singapore unit to sell 100% stake in subsidiary Bioeq Energy Holdings One to Triumph Excel for $10 mln
** Trading vols at 126,196, 2.6x the 30-day avg
** Relative strength index (RSI) rises to 80.5, suggesting stock might be overbought - LSEG
** ISGE up ~68% YTD
(Reporting by Vijay Malkar)
(([email protected];))
Isgec Heavy Engineering Says Unit Enters Agreement With Triumph Excel
Dec 9 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING -UNIT ENTERS AGREEMENT WITH TRIUMPH EXCEL
ISGEC HEAVY ENGINEERING- AGREMENT TO SELL SHAREHOLDING IN BIOEQ ENERGY HOLDINGS ONE, CAYMAN ISLANDS
ISGEC HEAVY ENGINEERING- DEAL AT $10 MILLION
Source text: ID:nNSE729kkg
Further company coverage: ISGE.NS
(([email protected];))
Dec 9 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING -UNIT ENTERS AGREEMENT WITH TRIUMPH EXCEL
ISGEC HEAVY ENGINEERING- AGREMENT TO SELL SHAREHOLDING IN BIOEQ ENERGY HOLDINGS ONE, CAYMAN ISLANDS
ISGEC HEAVY ENGINEERING- DEAL AT $10 MILLION
Source text: ID:nNSE729kkg
Further company coverage: ISGE.NS
(([email protected];))
Isgec Heavy Engineering Sept-Quarter Consol Net Profit 925.7 Mln Rupees
Nov 13 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
SEPT-QUARTER CONSOL NET PROFIT 925.7 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 16.44 BILLION RUPEES
Source text: ID:nBSE55WR1
Further company coverage: ISGE.NS
(([email protected];;))
Nov 13 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
SEPT-QUARTER CONSOL NET PROFIT 925.7 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 16.44 BILLION RUPEES
Source text: ID:nBSE55WR1
Further company coverage: ISGE.NS
(([email protected];;))
Isgec Heavy Engineering Says Equity Infusion In Isgec Titan Metal Expected To Complete By March 31
Sept 25 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
EQUITY INFUSION IN ISGEC TITAN METAL EXPECTED TO COMPLETE BY MARCH 31
Source text for Eikon: ID:nNSE26BHLh
Further company coverage: ISGE.NS
(([email protected];;))
Sept 25 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
EQUITY INFUSION IN ISGEC TITAN METAL EXPECTED TO COMPLETE BY MARCH 31
Source text for Eikon: ID:nNSE26BHLh
Further company coverage: ISGE.NS
(([email protected];;))
Isgec Heavy Engineering June-Quarter Consol Net Profit 654.5 Million Rupees
Aug 13 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 654.5 MILLION RUPEES
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 15.4 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];))
Aug 13 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 654.5 MILLION RUPEES
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 15.4 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];))
India's Isgec Heavy Engineering slumps on Q4 profit fall
** Shares of Isgec Heavy Engineering ISGE.NS down as much as 13.3% - its biggest intraday pct fall ever - at 1,018.30 rupees
** Co reported 17.2% Y/Y fall in its March-qtr consolidated net profit to 713 mln rupees ($8.6 mln)
** Revenue from operations fell 8.6% Y/Y
** Stock on track for a third straight session of gains, if current trend holds
** More than 484,000 shares traded by 11:40 a.m. IST, 3.7x the 30-day avg
** Including session's move, stock is up 4% YTD
($1 = 83.4175 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Isgec Heavy Engineering ISGE.NS down as much as 13.3% - its biggest intraday pct fall ever - at 1,018.30 rupees
** Co reported 17.2% Y/Y fall in its March-qtr consolidated net profit to 713 mln rupees ($8.6 mln)
** Revenue from operations fell 8.6% Y/Y
** Stock on track for a third straight session of gains, if current trend holds
** More than 484,000 shares traded by 11:40 a.m. IST, 3.7x the 30-day avg
** Including session's move, stock is up 4% YTD
($1 = 83.4175 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's Isgec Heavy Engineering up on unit starting operations at plant
** Shares of Isgec Heavy Engineering ISGE.NS up 6.7% at 983.25 rupees
** Stock on track for best day since Feb. 6
** Engineering firm says its unit commenced commercial operations at ethanol plant in Philippines
** Stock set for most active session since March 4
** ISGE on track to post fourth straight weekly climb; it gained 12.3% in last four weeks
(Reporting by Varun Vyas in Bengaluru)
** Shares of Isgec Heavy Engineering ISGE.NS up 6.7% at 983.25 rupees
** Stock on track for best day since Feb. 6
** Engineering firm says its unit commenced commercial operations at ethanol plant in Philippines
** Stock set for most active session since March 4
** ISGE on track to post fourth straight weekly climb; it gained 12.3% in last four weeks
(Reporting by Varun Vyas in Bengaluru)
Isgec Heavy Engineering Says Unit Commenced Commercial Operation At New Ethanol Plant At Philippines
April 11 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
UNIT COMMENCED COMMERCIAL OPERATION AT NEW ETHANOL PLANT AT PHILIPPINES
Source text for Eikon: ID:nNSE3Hcy8q
Further company coverage: ISGE.NS
(([email protected];))
April 11 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
UNIT COMMENCED COMMERCIAL OPERATION AT NEW ETHANOL PLANT AT PHILIPPINES
Source text for Eikon: ID:nNSE3Hcy8q
Further company coverage: ISGE.NS
(([email protected];))
India's Isgec Heavy Engineering set for worst-ever day on Q3 profit fall
** Shares of Isgec Heavy Engineering ISGE.NS down 11.1% at 935.40 rupees, on track for worst ever day
** Stock logs lowest price since Dec. 26, 2023
** Engineering firm's Q3 consol net profit falls 1.7% YoY
** Stock set to fall for third straight session if trend holds, losing 18.7%
(Reporting by Varun Vyas in Bengaluru)
** Shares of Isgec Heavy Engineering ISGE.NS down 11.1% at 935.40 rupees, on track for worst ever day
** Stock logs lowest price since Dec. 26, 2023
** Engineering firm's Q3 consol net profit falls 1.7% YoY
** Stock set to fall for third straight session if trend holds, losing 18.7%
(Reporting by Varun Vyas in Bengaluru)
Isgec Heavy Engineering - Approved Providing Corporate Guarantee Up To USD 11 Million To Bankers Of Unit
Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING - APPROVED PROVIDING CORPORATE GUARANTEE UP TO USD 11 MILLION TO BANKERS OF UNIT
Source text for Eikon: ID:nNSE2hvLNh
Further company coverage: ISGE.NS
Isgec Heavy Engineering Ltd ISGE.NS:
ISGEC HEAVY ENGINEERING - APPROVED PROVIDING CORPORATE GUARANTEE UP TO USD 11 MILLION TO BANKERS OF UNIT
Source text for Eikon: ID:nNSE2hvLNh
Further company coverage: ISGE.NS
India's Isgec Heavy Engineering June-Qtr Consol Net Profit Rises
Aug 11 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
INDIA'S ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 506.6 MILLION RUPEES VERSUS PROFIT 178.3 MILLION RUPEES
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 13.86 BILLION RUPEES VERSUS 12.47 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];;))
Aug 11 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
INDIA'S ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 506.6 MILLION RUPEES VERSUS PROFIT 178.3 MILLION RUPEES
ISGEC HEAVY ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 13.86 BILLION RUPEES VERSUS 12.47 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];;))
India's Isgec Heavy Engineering hits 52-week high on upping production capacity
** Shares of Isgec Heavy Engineering ISGE.NS rise as much as 5.31% to 52-week high of 669.95 rupees
** Uptick after the engineering firm's unit Saraswati Sugar Mills enhances production capacity of its ethanol plant from 100 kilolitres per day to 160 kilolitres per day
** Enhanced capacity added to commercial production on Monday: ISGE
** Trading volume of 225,142 shares as of 12:41 p.m. IST nearly the same as the 30-day avg - Refinitiv data
** Stock up 39% in 2023 so far compared to more than 3% rise for Nifty 50 index .NSEI
** Relative strength index above 70 on Tuesday, suggesting the stock may be overbought
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Isgec Heavy Engineering ISGE.NS rise as much as 5.31% to 52-week high of 669.95 rupees
** Uptick after the engineering firm's unit Saraswati Sugar Mills enhances production capacity of its ethanol plant from 100 kilolitres per day to 160 kilolitres per day
** Enhanced capacity added to commercial production on Monday: ISGE
** Trading volume of 225,142 shares as of 12:41 p.m. IST nearly the same as the 30-day avg - Refinitiv data
** Stock up 39% in 2023 so far compared to more than 3% rise for Nifty 50 index .NSEI
** Relative strength index above 70 on Tuesday, suggesting the stock may be overbought
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Isgec Heavy Engineering Unit Enhances Production Capacity Of Ethanol Plant
June 19 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
UNIT ENHANCED PRODUCTION CAPACITY OF ITS ETHANOL PLANT FROM 100 KILO LITER PER DAY TO 160 KILO LITER PER DAY
ENHANCED CAPACITY HAS COME INTO COMMERCIAL PRODUCTION ON JUNE 18, 2023
Source text for Eikon: ID:nBSE3LQFfs
Further company coverage: ISGE.NS
(([email protected];))
June 19 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
UNIT ENHANCED PRODUCTION CAPACITY OF ITS ETHANOL PLANT FROM 100 KILO LITER PER DAY TO 160 KILO LITER PER DAY
ENHANCED CAPACITY HAS COME INTO COMMERCIAL PRODUCTION ON JUNE 18, 2023
Source text for Eikon: ID:nBSE3LQFfs
Further company coverage: ISGE.NS
(([email protected];))
India's Isgec Heavy Engineering rises on Q4 profit jump
** Shares of Isgec Heavy Engineering Ltd ISGE.NS up as much as 9.6% to 589.8 rupees
** Stock touches highest level since April 11; on track for a fourth consecutive session of gains, if trend holds
** Co reports its Q4 net profit more than doubled; revenue from ops rose nearly 28%
** More than 426,333 shares change hands in early trade, 5.4 times their 30-day avg
** Up to last close, stock had risen 12.4% this year
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Isgec Heavy Engineering Ltd ISGE.NS up as much as 9.6% to 589.8 rupees
** Stock touches highest level since April 11; on track for a fourth consecutive session of gains, if trend holds
** Co reports its Q4 net profit more than doubled; revenue from ops rose nearly 28%
** More than 426,333 shares change hands in early trade, 5.4 times their 30-day avg
** Up to last close, stock had risen 12.4% this year
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India’S Isgec Heavy Engineering March-Quarter Consol Net Profit Rises
May 29 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
INDIA’S ISGEC HEAVY ENGINEERING MARCH-QUARTER CONSOL NET PROFIT 861.3 MILLION RUPEES VERSUS 376.4 MILLION RUPEES
ISGEC HEAVY ENGINEERING MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 20.43 BILLION RUPEES VERSUS 15.96 BILLION RUPEES
ISGEC HEAVY ENGINEERING LTD - DIVIDEND 3 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];))
May 29 (Reuters) - Isgec Heavy Engineering Ltd ISGE.NS:
INDIA’S ISGEC HEAVY ENGINEERING MARCH-QUARTER CONSOL NET PROFIT 861.3 MILLION RUPEES VERSUS 376.4 MILLION RUPEES
ISGEC HEAVY ENGINEERING MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 20.43 BILLION RUPEES VERSUS 15.96 BILLION RUPEES
ISGEC HEAVY ENGINEERING LTD - DIVIDEND 3 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: ISGE.NS
(([email protected];))
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What does ISGEC Heavy Engg. do?
ISGEC Heavy Engineering is a global leader in providing engineering solutions for various industries. They specialize in manufacturing machinery and equipment like presses, process equipment, and tubing.
Who are the competitors of ISGEC Heavy Engg.?
ISGEC Heavy Engg. major competitors are ION Exchage, Power Mech Projects, Welspun Enterprises, ITD Cementation, Engineers India, Man InfraConstruct, Ahluwalia Contract(I. Market Cap of ISGEC Heavy Engg. is ₹8,339 Crs. While the median market cap of its peers are ₹7,792 Crs.
Is ISGEC Heavy Engg. financially stable compared to its competitors?
ISGEC Heavy Engg. seems to be less financially stable compared to its competitors. Altman Z score of ISGEC Heavy Engg. is 2.48 and is ranked 8 out of its 8 competitors.
Does ISGEC Heavy Engg. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ISGEC Heavy Engg. latest dividend payout ratio is 12.07% and 3yr average dividend payout ratio is 12.27%
How has ISGEC Heavy Engg. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is ISGEC Heavy Engg. balance sheet?
Balance sheet of ISGEC Heavy Engg. is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of ISGEC Heavy Engg. improving?
Yes, profit is increasing. The profit of ISGEC Heavy Engg. is ₹258 Crs for TTM, ₹244 Crs for Mar 2024 and ₹196 Crs for Mar 2023.
Is the debt of ISGEC Heavy Engg. increasing or decreasing?
Yes, The debt of ISGEC Heavy Engg. is increasing. Latest debt of ISGEC Heavy Engg. is ₹514 Crs as of Sep-24. This is greater than Mar-24 when it was ₹404 Crs.
Is ISGEC Heavy Engg. stock expensive?
Yes, ISGEC Heavy Engg. is expensive. Latest PE of ISGEC Heavy Engg. is 33.44, while 3 year average PE is 26.8. Also latest EV/EBITDA of ISGEC Heavy Engg. is 17.03 while 3yr average is 14.46.
Has the share price of ISGEC Heavy Engg. grown faster than its competition?
ISGEC Heavy Engg. has given lower returns compared to its competitors. ISGEC Heavy Engg. has grown at ~-14.06% over the last 9yrs while peers have grown at a median rate of 23.43%
Is the promoter bullish about ISGEC Heavy Engg.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ISGEC Heavy Engg. is 62.43% and last quarter promoter holding is 62.43%.
Are mutual funds buying/selling ISGEC Heavy Engg.?
The mutual fund holding of ISGEC Heavy Engg. is decreasing. The current mutual fund holding in ISGEC Heavy Engg. is 9.31% while previous quarter holding is 10.18%.