Revathi Equipment is a stock to watch, with the company's quarterly revenues having shown a sharp increase for the December 2016 Q3 quarter. The March results are pending.
The company had recorded a YoY net profit and revenue growth of 20%and 85% respectively for the December quarter, a sharp reversal from losses in the preceding two quarters of FY17. The company's revenue improvement had raised its quarterly revenue to Rs. 77.8 crore for the december quarter. Dipak Kanayalal Shah is a shareholder in this company, with 0.88% stake in the firm. The share price for the firm is well over all its averages.