Technocraft Industries (India) Ltd. News and Updates

Name: Latest research reports of Technocraft Industries (India) Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Technocraft Industries (India) Ltd.
Rating: 5
Author: Axis Direct

Keep track of all breaking news on Technocraft Industries (India) Ltd. from all sources in a single place.

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Technocraft Industries (India) Ltd.

06 Feb 2018

2676.80

1.94%

Technocraft Ind: Buyback offer opens

Business Line

Shares of Technocraft Industries (India) will remain in focus, as the company's 147-crore buyback offer opens for subscription on Wednesday. The offer will close on February 22. Technocraft plans

Technocraft Industries (India) Ltd. has gained 35.39% in the last 1 Year

Technocraft Industries (India) Ltd.

17 Aug 2017

2676.80

1.94%

Result Update - Technocraft Industries Ltd

Technocraft Industries (In...

Axis Direct

Call Closure: The net profit decline by 33.9% in Q1FY18. TIIL is unable to pass on the increase in cost to its customers.The company is expanding into textile business, moving away from core business of drum closure and scaffolding business. Hence, we close the call.

Technocraft Industries (India) Ltd. is trading above its 50 day SMA of 2588.6

Technocraft Industries (India) Ltd.

28 Jul 2017

2676.80

1.94%

Technocraft Ind stops production at Thane textile plant

Business Line

Technocraft Industries (India) has informed the exchanges that production at its textile plant in Murbad, Thane, had been stopped to enable it to upgrade its effluent treatment plant as required by...

Technocraft Industries (India) Ltd. is trading above its 50 day SMA of 2588.6

Technocraft Industries (India) Ltd.

02 Jun 2017

2676.80

1.94%

Result Update:Technocraf.Inds.

Buy: Technocraft Industries (In...

Recommendation Target

Axis Direct

Technocraft Industries (India) Ltd (TIIL)'s revenues for Q4FY17 increased 9.2% Y-o-Y to Rs 231 Cr, while earnings (standalone) were up by just 1.5% Y-o-Y to Rs 18.8 Cr due to forex loss.

Number of FII/FPI investors increased from 46 to 52 in Dec 2024 qtr.

Technocraft Industries (India) Ltd.

17 Feb 2017

2676.80

1.94%

Result Update:Technocraf.Inds.

Hold: Technocraft Industries (In...

Recommendation Target

Axis Direct

Technocraft Industries (India) Ltd (TIIL)'s revenues for Q3FY17 increased 11.3% Y-o-Y to Rs 190 Cr, while earnings (standalone) were down 16.9% Y-o-Y to Rs 19.8 Cr due to decline in EBIDTA margin.

Technocraft Industries (India) Ltd. is trading above its 50 day SMA of 2588.6

Technocraft Industries (India) Ltd.

19 Dec 2016

2676.80

1.94%

Result Update:Technocraf.Inds.

Buy: Technocraft Industries (In...

Axis Direct

Technocraft Industries (India) Ltd (TIIL)'s revenues and earnings (standalone) for Q2FY17 increased 18.8% Y-o-Y and 29.3% Y-o-Y to Rs 203 Cr and Rs 28 Cr respectively. Margin for Q2FY17 contracted 1.1 percentage points to 18.8%on account of higher trading purchases. Revenues from scaffoldings busi..

Technocraft Industries (India) Ltd. is trading below its 100 day SMA of 2697.0

Technocraft Industries (India) Ltd.

07 Nov 2016

2676.80

1.94%

Tube Investments of India Ltd: Corporate Structure is Restructured; Overall Posi... (Nov 07, 2016)

Hold: Technocraft Industries (In...

Karvy

Corporate Structure is Restructured; Overall Positive Performance During H1FY17: approved demerger of manufacturing and financial services businesses into two different entities. The carved out manufacturing undertakings shall be brought under TI FinancialHoldings ltd (TIFHL) and residual financial services businesses to remain under TIIL. The ratio for demerger under consideration stands at one share of TIFHL of face value of Rs.1 for one share held in TIIL of Rs.2 each. TIILs face value post demerger shall stand reduced to Rs.1 each and the holding pattern of TIFHL shall be a mirror image of TIIL

Technocraft Industries (India) Ltd. is trading above its 50 day SMA of 2588.6

Technocraft Industries (India) Ltd.

02 Feb 2016

2676.80

1.94%

Technocraft buyback offer opens on Tuesday

Business Line

Shares of Technocraft Industries (India) will remain in focus, as the buyback window to its shareholders (through tender offer route) will open for subscription on Tuesday and close on February 15. T...

Technocraft Industries (India) Ltd. is trading above its 50 day SMA of 2588.6

Technocraft Industries (India) Ltd.

06 Jan 2016

2676.80

1.94%

Technocraft buyback: Ex-date on Wednesday

Business Line

Technocraft Industries (India) has fixed January 8 as the record date for determining the entitlement and names of equity shareholders to whom the letters of offer will be sent and will be eligible t...

Technocraft Industries (India) Ltd. is trading below its 100 day SMA of 2697.0

Technocraft Industries (India) Ltd.

19 Aug 2014

2676.80

1.94%

TechnocraftIndustries-CompanyUpdate

Buy: Technocraft Industries (In...

Systematix Group

Technocraft Industries (India) Ltd. (TIIL) is a diversified industrial company, holding a market leadership position in the global Steel Drum Closures, Scaffolding and Formworks industries. TIIL is the world's second largest manufacturer of Steel Drum Closures including Tite Seal Flanges & Plugs, Tite Seal Gaskets, Tite Seal Leak Locks Plugs, Octagon base Drum Flanges & Auto Closure Systems, with a market share of c.36% in FY13. Through aggressive marketing and capacity expansion in the fast growing Chinese market, TIIL's market share is expected to increase to c.38% by 2016. In Building Materials, the company primarily manufactures Industrial Scaffolding & Formworks, wherein TIIL is aggressively...

Technocraft Industries (India) Ltd. has gained 35.39% in the last 1 Year

No results found

Is Technocraft Industries (India) Ltd. worth buying?

62 Votes:

Buy 85.48%

Sell 9.68%

Hold 4.84%

31.94% Fall from 52W High

Technocraft Industries (India) Ltd. News and Updates

Keep track of all breaking news on Technocraft Industries (India) Ltd. from all sources in a single place.