Bindal Exports L

Why is Bindal Exports Ltd falling/rising?

As of 09-Jun, Bindal Exports Ltd's stock price is stable at Rs 26.60, with a 4.81% gain today but a year-to-date decline of 0.41%. Despite a positive short-term performance, longer-term trends and erratic trading suggest ongoing challenges for the stock.

As of 09-Jun, Bindal Exports Ltd's stock price is currently stable at Rs 26.60, showing no change (0.00%). The stock has recently opened with a gain of 4.81% today, reaching an intraday high of Rs 26.60. This positive movement indicates a strong start to the trading day, outperforming its sector by 9.82%. <BR><BR>However, despite this day's performance, the stock has not shown significant upward momentum over the longer term. Year-to-date, it has decreased by 0.41%, and over the past year, it has fallen by 5.37%. The stock is also close to its 52-week low, being only 4.59% away from Rs 25.38. <BR><BR>In terms of trading activity, the stock has experienced erratic trading, not trading on 5 out of the last 20 days, which may contribute to its volatility. Additionally, while the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average, suggesting mixed signals regarding its short-term performance.<BR><BR>Overall, while there is a positive short-term gain today, the longer-term trends and recent trading patterns indicate that Bindal Exports Ltd is facing challenges that may limit its price rise.

Which are the latest news on Bindal Exports L?

When is the next results date for Bindal Exports Ltd?

Bindal Exports Ltd will announce its results on 30 May 2026.

Bindal Exports Ltd is scheduled to declare its results on 30 May 2026.

Who are the peers of the Bindal Exports L?

No Peers Information Available

How has been the historical performance of the Bindal Exports L?

Bindal Exports L has experienced fluctuating financial performance, with net sales declining from Rs 40.66 crore in March 2023 to Rs 30.24 crore in March 2024, while operating profit slightly increased and profit margins improved. However, net profit and earnings per share both decreased during the same period.

Answer:<BR>The historical performance of Bindal Exports L shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Bindal Exports L reported net sales of Rs 30.24 crore in March 2024, a decline from Rs 40.66 crore in March 2023 and Rs 37.44 crore in March 2022. The total operating income mirrored this trend, with Rs 30.24 crore in March 2024 compared to Rs 40.66 crore in the previous year. The company’s total expenditure, excluding depreciation, was Rs 29.38 crore in March 2024, down from Rs 39.70 crore in March 2023. Operating profit (PBDIT) increased slightly to Rs 1.03 crore in March 2024 from Rs 0.96 crore in March 2023, while profit before tax decreased to Rs 0.38 crore from Rs 0.46 crore. The net profit also saw a decline, reaching Rs 0.32 crore in March 2024 compared to Rs 0.42 crore in the prior year. Earnings per share (EPS) dropped to Rs 0.70 in March 2024 from Rs 0.91 in March 2023. Despite these fluctuations, the operating profit margin improved to 2.84% in March 2024 from 2.36% in March 2023, and the PAT margin slightly increased to 1.06% from 1.03%.

Who are the top shareholders of the Bindal Exports L?

The top shareholders of Bindal Exports L are primarily the promoters, with Ravindrakumar Kanhaiyalal Arya holding 33.26%. Public shareholders include Murarilal Saraf Huf at 3.65%, while individual investors collectively own 22.78%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Bindal Exports L include the promoters, who hold the majority of the shares. The promoter with the highest holding is Ravindrakumar Kanhaiyalal Arya, who owns 33.26% of the company. In terms of public shareholders, the highest individual investor is Murarilal Saraf Huf, holding 3.65%. Additionally, individual investors collectively hold 22.78% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Who are in the management team of Bindal Exports L?

As of Mar 2020 The management team of Bindal Exports L includes Ravindrakumar K Arya (Chairman & Managing Director), Anupam Ravindra Arya (Executive Director), Apurva Ravindra Arya (Director), Aditya Joshi (Independent Director), Hiral Vaghasiya (Additional Director), and Dhruvi Shyam Kapadia (Company Secretary).

As of Mar 2020 The management team of Bindal Exports L includes the following members:<BR><BR>1. Ravindrakumar K Arya - Chairman & Managing Director<BR>2. Anupam Ravindra Arya - Executive Director<BR>3. Apurva Ravindra Arya - Director<BR>4. Aditya Joshi - Independent Director<BR>5. Hiral Vaghasiya - Additional Director<BR>6. Dhruvi Shyam Kapadia - Company Secretary<BR><BR>If you need more details about their roles or responsibilities, feel free to ask!