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Time of India
4 days ago
- Business
- Time of India
PG Electroplast shares in focus after Government of Singapore buys stake worth Rs 288 crore
Shares of PG Electroplast are set to be in focus on Wednesday after the Government of Singapore bought shares worth Rs 288 crore in the multibagger smallcap via a block deal on Tuesday, triggering fresh interest in the volatile stock, which has corrected sharply in 2025. The Government of Singapore acquired over 38.18 lakh shares at a price of Rs 754.80 apiece, representing a 2% discount to PG Electroplast's Monday closing price of Rs 771.55. The total value of the transaction stood at Rs 288 crore, according to exchange data. PG Electroplast shares closed nearly flat on Tuesday at Rs 765 on the BSE, even as broader market sentiment remained subdued. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Despite delivering 200% returns over the past 12 months, PG Electroplast has corrected by 25% so far in 2025 amid a phase of consolidation. The stock is currently trading below its 50-day simple moving average of Rs 867 but remains above its 200-day SMA of Rs 753. With a one-year beta of 1.8, the stock has witnessed heightened volatility, making it sensitive to both market-wide and company-specific developments. Robust Q4 performance PG Electroplast posted a consolidated net profit of Rs 145 crore for the quarter ended March 2025, more than doubling from Rs 70 crore in the year-ago period—a 107% year-on-year rise. Total revenue surged 79% to Rs 1,930 crore, compared with Rs 1,080 crore a year earlier. The company is a diversified electronic manufacturing services (EMS) provider, offering both original design manufacturing (ODM) and original equipment manufacturing (OEM) solutions to over 60 Indian and global brands. Its product portfolio includes air conditioners, washing machines, LED televisions, and air coolers. Also read | Is the recent dip in Indian indices simply a bull market correction?
News18
4 days ago
- Business
- News18
PGEL Shares In Focus After Singapore Govt Buys Shares Of Rs 288 Cr, 22,000% Return In 5 Years
Reported By : Last Updated: May 28, 2025, 08:00 IST PGEL Share Price PG Electroplast Share Price: PG Electroplast's shares, a small-cap electronics manufacturing services (EMS) company, gained attention on Wednesday, May 28, after the Government of Singapore bought shares worth Rs 288 crore through a block deal on Tuesday. Motilal Oswal Asset Management Company also invested in this multibagger small-cap stock. As per exchange data, the Government of Singapore acquired 38.19 lakh shares of the company, representing 1.34% of its total outstanding shares, while Motilal Oswal AMC purchased 15.9 lakh shares, which is 0.56% of the company's total outstanding equity. Both entities bought the shares of PG Electroplast at an average price of Rs 754.8 per share. Three of PG Electroplast's promoters, Vishal Gupta, Vikas Gupta, and Anurag Gupta, each sold 50 lakh shares in the block deal, according to official data. The shares sold by the three promoters amount to 1.76% each of the total outstanding shares, bringing the total stake sold to 5.3%. At the end of the March quarter, Vishal Gupta held a 17.95% stake in PG Electroplast, while Vikas Gupta and Anurag Gupta had stakes of 17.82% and 10.46%, respectively. Although the Government of Singapore did not appear in the company's shareholding pattern for the March quarter, Motilal Oswal has exposure in the company through its Flexi Cap Fund, which held a 2.65% stake as of March 31, 2025. Swipe Left For Next Video View all PG Electroplast's shares have tripled in value over the past 12 months. The returns are even higher over a five-year period, with the stock having surged more than 22,000%. Over the past month, PG Electroplast's share price has seen a decline of 12.14%, reflecting a drop of Rs 105.75. Year-to-date, the share price has decreased by 25.21%, equivalent to a loss of Rs 257.85. In a 3-year span, the share price has significantly increased by 1005.49%, representing a gain of Rs 695.80. Over a 5-year period, the share has experienced a substantial rise of 22735.82%. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. News business » markets PGEL Shares In Focus After Singapore Govt Buys Shares Of Rs 288 Cr, 22,000% Return In 5 Years
Time of India
4 days ago
- Business
- Time of India
PG Electroplast block deal: Government of Singapore buys shares worth Rs 288 crore in multibagger smallcap
The Government of Singapore bought shares worth Rs 288 crore in PG Electroplast via a block deal on Tuesday. It bought over 38.18 lakh shares at a price of Rs 754.80 per share which is a 2% discount over the Monday closing price of Rs 771.55. In another block deal, BNP Paribas Financial Markets bought nearly 3 lakh shares worth Rs 10 crore in smallcap counter Suraksha Diagnostic . The asset management arm of French multinational bank BNP Paribas purchased shares at a price of Rs 338 per share, up by 0.9% over the previous losing price. PG Electroplast is a diversified EMS player in India and offers comprehensive ODM and OEM solutions to 60+ Indian and global brands across the consumer electronics and consumer durables industries. Its product line includes air conditioners, washing machines, LED television and air coolers. PG Electroplast is a smallcap multibagger and has delivered returns of 200% over the past 12 months. However, the stock has been under consolidation and has corrected by 25% in 2025 so far. The recent correction has brought it below its 50-day simple moving average of Rs 867 while it is still trading above its 200-day SMA of Rs 753. The stock has been quite volatile and has traded with a 1-year beta of 1.8. Live Events PG Electroplast reported a consolidated net profit of Rs 145 crore in Q4FY25 which was up from 70 crore posted by the company in the year ago period, recording a 107% year-on-year growth. Total revenue in the quarter under review stood at Rs 1,930 crore, up 79% over Rs 1,080 crore reported in the corresponding quarter of the last financial year. Also Read: Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal Meanwhile, December listed Suraksha Diagnostic is a Kolkata-based pathology and radiology services company which has presence in eastern and north-eastern India. The stock has fallen 21% since its listing while plunging 14% on a year-to-date basis. The stock is currently trading above its 50-day SMA.
Time of India
16-05-2025
- Business
- Time of India
jsw infrastructure: Government of Singapore buys 1.84 crore shares in JSW Infrastructure worth Rs 531 crore via block deal
ADVERTISEMENT The Government of Singapore on Friday bought over 1.84 crore shares of JSW Infrastructure worth Rs 531 crore via a block deal . The shares were bought at a price of Rs 288.1 which was at a discount of nearly 3% from the Thursday closing price of Rs Government of Singapore held 1.49% stake in the company at the end of March 31, 2025 ended of JSW Infrastructure have fallen 11% so far in 2025 while gaining by 11% over a 1-year period. It has been a market underperformer with headline index Nifty gaining 5.3% on the year-to-date basis while rising by 12% over a 12-month Infrastructure shares are now trading below their 50-day and 200-day simple moving averages (SMAs). It has traded with high volatility with a 1-year beta of company reported a profit after tax (PAT) of Rs 516 crore in Q4FY25 which was up 57% YoY while the full year PAT stood at Rs 1,521 crore, up 31% total revenue increased by 14% YoY to Rs 1,372 crore while for FY25, it increased by 20% YoY to Rs 4,829 Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 730 crore which is an increase of 7% YoY. EBITDA for the full year was at Rs 2,615 crore which is an increase of 17% company handled cargo volumes of 31.2 million tonnes, which was up 5% YoY. The volume increase was mainly due to robust performance at the coal terminals in Mangalore, Ennore, and Paradip, along with contributions from interim operations at the Tuticorin Terminal and the JNPA Liquid Terminal. However, this growth was partially offset by reduced cargo volumes at the Iron Ore terminal in increase in the third-party volume was stronger with 11% year-on-year growth and the share of Third Party in the overall volumes stood at 50% vs 47% a year ago.
Economic Times
16-05-2025
- Business
- Economic Times
Government of Singapore buys 1.84 crore shares in JSW Infrastructure worth Rs 531 crore via block deal
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Government of Singapore on Friday bought over 1.84 crore shares of JSW Infrastructure worth Rs 531 crore via a block deal . The shares were bought at a price of Rs 288.1 which was at a discount of nearly 3% from the Thursday closing price of Rs Government of Singapore held 1.49% stake in the company at the end of March 31, 2025 ended of JSW Infrastructure have fallen 11% so far in 2025 while gaining by 11% over a 1-year period. It has been a market underperformer with headline index Nifty gaining 5.3% on the year-to-date basis while rising by 12% over a 12-month Infrastructure shares are now trading below their 50-day and 200-day simple moving averages (SMAs). It has traded with high volatility with a 1-year beta of company reported a profit after tax (PAT) of Rs 516 crore in Q4FY25 which was up 57% YoY while the full year PAT stood at Rs 1,521 crore, up 31% total revenue increased by 14% YoY to Rs 1,372 crore while for FY25, it increased by 20% YoY to Rs 4,829 Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 730 crore which is an increase of 7% YoY. EBITDA for the full year was at Rs 2,615 crore which is an increase of 17% company handled cargo volumes of 31.2 million tonnes, which was up 5% YoY. The volume increase was mainly due to robust performance at the coal terminals in Mangalore, Ennore, and Paradip, along with contributions from interim operations at the Tuticorin Terminal and the JNPA Liquid Terminal. However, this growth was partially offset by reduced cargo volumes at the Iron Ore terminal in increase in the third-party volume was stronger with 11% year-on-year growth and the share of Third Party in the overall volumes stood at 50% vs 47% a year ago.
