Elite Conductors

How has been the historical performance of the Elite Conductors?

Elite Conductors has shown steady growth, with total reserves increasing to Rs 7.89 crore and shareholder's funds rising to Rs 8.98 crore as of March 2024. Profit before tax doubled to Rs 2.00 crore, indicating improved operational performance and financial strength.

Answer:<BR>The historical performance of Elite Conductors shows a steady growth in shareholder's funds and total reserves, with no standalone results declared. As of March 2024, the total reserves reached Rs 7.89 crore, up from Rs 5.97 crore in March 2023, indicating a positive trend. Shareholder's funds also increased to Rs 8.98 crore from Rs 7.06 crore in the previous year. Long-term borrowings decreased slightly to Rs 3.15 crore in March 2024 from Rs 3.50 crore in March 2023, while short-term borrowings rose to Rs 6.98 crore from Rs 5.48 crore. The total liabilities increased to Rs 21.61 crore from Rs 17.66 crore, reflecting a growing financial structure. The total assets also rose to Rs 21.61 crore, mirroring the increase in liabilities. The book value per share improved significantly to Rs 82.04 from Rs 64.51, showcasing enhanced shareholder value. Profit before tax for March 2024 was reported at Rs 2.00 crore, doubling from Rs 1.00 crore in March 2023, indicating a positive operational performance.<BR><BR>Breakdown:<BR>Elite Conductors has demonstrated a consistent upward trajectory in its financial metrics over the years. The total reserves have increased significantly, reflecting a strong accumulation of retained earnings, while shareholder's funds have also shown robust growth. The company's long-term borrowings have decreased, suggesting improved financial management, although short-term borrowings have risen, indicating a potential increase in operational financing needs. Total liabilities and total assets have both escalated, maintaining a balanced growth in the company's financial structure. The notable rise in book value per share highlights the company's commitment to enhancing shareholder value. Furthermore, the profit before tax has shown a marked improvement, indicating a positive shift in operational efficiency and profitability. Overall, these metrics suggest that Elite Conductors is on a solid growth path, with increasing financial strength and operational performance.

When is the next results date for Elite Conductors?

No Upcoming Board Meetings

Has Elite Conductors declared dividend?

No Dividend History Available

Who are the peers of the Elite Conductors?

No Peers Information Available

how big is Elite Conductors?

As of March 2024, Elite Conductors Ltd has an unavailable market capitalization and no recent financial data for net sales or net profit. Shareholder's funds are valued at 8.98 Cr, with total assets amounting to 21.61 Cr.

Market Cap: As of March 2024, Elite Conductors Ltd has a market capitalization value that is not available. Therefore, it cannot be classified into any market cap type.<BR><BR>Recent Quarterly Performance: As of March 2024, there is no valid consolidated or standalone financial data found for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: This is standalone data for the reporting period of March 2024. Shareholder's Funds are valued at 8.98 Cr, and Total Assets amount to 21.61 Cr.

Who are in the management team of Elite Conductors?

As of March 2016, the management team of Elite Conductors includes Dharmesh Kanubhai Shah (Managing Director), several non-executive independent directors, and other non-independent directors, along with a company secretary, Sourabh Vijay Kumar Patawari.

As of March 2016, the management team of Elite Conductors includes the following individuals:<BR><BR>1. Dharmesh Kanubhai Shah - Managing Director<BR>2. Mukesh Hiralal Shah - Non Executive Independent Director<BR>3. Jiten Hasmukhbhai Shah - Non Executive Independent Director<BR>4. Kanubhai Shantilal Shah - Non Independent & Non Executive Director<BR>5. Hitendra Mulchandbhai Doshi - Non Executive Independent Director<BR>6. Prashant Kamleshbhai Shah - Non Independent & Non Executive Director<BR>7. Pilak Rajendra Shah - Non Independent & Non Executive Director<BR>8. Sourabh Vijay Kumar Patawari - Company Secretary<BR>9. Amita Dharmesh Shah - Non Independent & Non Executive Director<BR><BR>This team comprises a mix of executive and non-executive directors, along with a company secretary.

What does Elite Conductors do?

Elite Conductors Ltd is a Micro Cap company in the Non-Ferrous Metals industry, with no recent sales or profit reports available. It has a market cap value categorized as Micro Cap and shows no dividend yield, debt, or return on equity.

Overview:<BR>Elite Conductors Ltd operates in the Non-Ferrous Metals industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The incorporation year and any status changes are not provided. There are no sales and profit reports available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR Cr (Micro Cap)<BR><BR>Key Metrics:<BR>Industry P/E: N/A<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 0.00%<BR>Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: 18, 19, Changodarindustrail Estate Part Ii, Sarkhej Bavla Highway, Changodar, Ahmedabad Gujarat : 382213<BR>Phone: +91-2717-250703<BR>Email: info@eliteconductors.com<BR>Website: www.eliteconductors.co.in

Who are the top shareholders of the Elite Conductors?

The top shareholder of Elite Conductors is Dharmesh Kanubhai Shah, who holds 55.34% of the shares. There are no pledged promoter holdings, and individual investors own only 0.05% collectively, with no mutual funds or foreign institutional investors involved.

The top shareholders of Elite Conductors are primarily the promoters, with Dharmesh Kanubhai Shah holding the largest share at 55.34%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold a very small percentage of 0.05%.

Why is Elite Conductors Ltd falling/rising?

As of 26-Mar, the stock price of Elite Conductors Ltd is at 50.00, showing no change and significant underperformance compared to the sector. The stock is trading below all key moving averages and has exhibited erratic trading behavior, indicating a lack of upward momentum.

As of 26-Mar, the stock price of Elite Conductors Ltd is currently at 50.00, with no change from the previous trading session (0.00%). The stock has underperformed significantly compared to the broader market, as indicated by its performance today, which was 100.2% lower than the sector average. Additionally, the stock has not traded on 5 out of the last 20 days, suggesting erratic trading behavior.<BR><BR>In terms of moving averages, Elite Conductors is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, while the BSE Small Cap index has gained by 1.42%, Elite Conductors has shown no percentage change over the past week, month, year-to-date, and year, which reflects stagnation in its stock price. <BR><BR>Overall, the combination of underperformance against the sector, erratic trading, and being below key moving averages contributes to the perception that the stock is not rising, and these factors collectively indicate a lack of upward momentum for Elite Conductors Ltd.

Why is Elite Conductors Ltd falling/rising?

As of 27-Mar, the stock price of Elite Conductors Ltd is at 50.00, unchanged from the previous session. The stock has significantly underperformed the market, showing no return over the past week and month, while the Sensex has declined, indicating a bearish trend and lack of investor confidence.

As of 27-Mar, the stock price of Elite Conductors Ltd is currently at 50.00, with no change from the previous trading session (0.00%). The stock has underperformed significantly compared to the broader market, as indicated by its performance metrics. Over the past week, the stock has shown a return of 0.00%, while the Sensex has declined by 1.28%. Similarly, in the last month, Elite Conductors Ltd has not changed in value, while the Sensex has dropped by 9.37%. Year-to-date, the stock remains unchanged, contrasting with the Sensex's decline of 12.67%.<BR><BR>The stock's performance today has been particularly poor, underperforming its sector by 100.2%. Additionally, there has been erratic trading, as the stock did not trade on 5 out of the last 20 days. This lack of trading activity suggests a lack of investor interest or confidence. Furthermore, Elite Conductors Ltd is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend.<BR><BR>In contrast, the BSE Small Cap index has gained by 1.42%, highlighting that the stock is not only underperforming its sector but also the broader market. Overall, these factors contribute to the perception that Elite Conductors Ltd is experiencing a decline in value, as evidenced by its stagnant price and poor performance relative to market benchmarks.

Why is Elite Conductors Ltd falling/rising?

As of 28-Mar, the stock price of Elite Conductors Ltd is at 50.00, showing no change and indicating stability but lack of upward momentum. The stock has significantly underperformed compared to the broader market, with flat returns over various periods and erratic trading behavior, suggesting a decline in investor confidence.

As of 28-Mar, the stock price of Elite Conductors Ltd is currently at 50.00, with no change from the previous trading session, indicating a stability in price but also a lack of upward momentum. The stock has underperformed significantly compared to the broader market, as evidenced by its performance metrics. Over the past week, the stock has shown a return of 0.00%, while the Sensex has declined by 1.28%. Similarly, in the last month, the stock has remained flat at 0.00%, contrasting sharply with the Sensex's drop of 9.37%.<BR><BR>Year-to-date, the stock continues to show no change, while the Sensex has decreased by 12.67%. Over the past year, Elite Conductors Ltd has also not moved, while the Sensex has only slightly decreased by 3.27%. However, the stock has performed better over a three-year period, with a return of 0.00% compared to the Sensex's gain of 34.35%. <BR><BR>Today's trading performance indicates that the stock has underperformed its sector by a substantial 100.2%. Additionally, the stock has not traded on five out of the last twenty days, suggesting erratic trading behavior. It is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. <BR><BR>Overall, the combination of stagnant price movement, underperformance against the benchmark, and erratic trading patterns contribute to a perception of weakness in Elite Conductors Ltd, indicating that the stock is currently falling in terms of investor confidence and market performance.

Why is Elite Conductors Ltd falling/rising?

As of 29-Mar, the stock price of Elite Conductors Ltd is stable at 50.00, but it has significantly underperformed against the Sensex and shows no price movement over the past week, month, or year, indicating low investor interest and potential liquidity issues.

As of 29-Mar, the stock price of Elite Conductors Ltd is currently at 50.00, with no change from the previous trading session, indicating a stable price at this moment. However, the stock has underperformed significantly compared to the benchmark Sensex, which has declined by 1.28% over the past week and 9.37% over the past month. <BR><BR>The stock has not shown any price movement over the last week, month, or year, maintaining a 0.00% change across these periods. This stagnation suggests a lack of investor interest or confidence in the stock, especially as it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. <BR><BR>Additionally, the stock has experienced erratic trading, not trading on 5 out of the last 20 days, which further indicates low trading activity and potential liquidity issues. Although the BSE Small Cap index has gained by 1.42%, Elite Conductors Ltd has not benefited from this broader market movement, resulting in a performance that is significantly lagging behind its sector. <BR><BR>In summary, the combination of stagnant price movement, underperformance against the benchmark, trading below moving averages, and erratic trading patterns contribute to the perception that Elite Conductors Ltd is not currently rising in value.

Which are the latest news on Elite Conductors?

Which are the latest news on Elite Conductors?

Which are the latest news on Elite Conductors?