A research analyst has shared a list of 10 companies operating from Bihar that "remain in focus" as the Chief Minister of Bihar and leader of Janata Dal (United) Nitish Kumar is set to play a pivotal role in the National Democratic Alliance (NDA).
Raghav Wadhwa, who is a Sebi-registered RA (INH100010156) and whose bio on the platform X identifies him as a microcap investor, shared the list on June 7.
Here are the ten companies and their stock details, as given by Wadhwa, and they spread across infrastructure building and consumption themes.
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1.Aditya Vision Ltd:
The company is a service-oriented electronic retail chain in Bihar, specializing in trading electronic items and consumer durables of all kinds.
M Cap: ₹4,724 Cr
CMP: ₹3,685
P/E: 61.3
3 Years Sales Growth: 32.6%
2. KNR Constructions Ltd:
The company's portfolio comprises 668 lane kilometers of projects across Telangana, Karnataka, and Bihar. In Q4FY24, ₹9.6 Cr toll collected for Bihar's Muzaffarpur-Barauni project. Total FY24 toll collection stands at ₹41.3 crores.
M Cap: ₹10,601 Cr
CMP: ₹377
P/E: 14.0
3 Years Sales Growth: 15.1%
3. Refex Industries Ltd:
The company operates ash disposal facilities in significant power-generating states including Chhattisgarh, Maharashtra, Madhya Pradesh, Bihar, Odisha, Tamil Nadu etc.
M Cap: ₹1,694 Cr
CMP: ₹153
P/E: 18.2
3 Years Sales Growth: 29.8%
4. Ahluwalia Contracts (India) Ltd:
The company has an order book from Bihar worth ₹10,510 million.
M Cap: ₹7,801 Cr
CMP: ₹1,164
P/E: 33.6
3 Years Sales Growth: 24.8%
5. Globus Spirits Ltd:
The company operates a manufacturing facility in Bihar with a capacity of 28.9 million liters. Their products include Bulk Sales of Extra Neutral Alcohol (ENA) and Ethanol.
M Cap: ₹2,106 Cr
CMP: ₹731
P/E: 21.9
3 Years Sales Growth: 25.4%
6. V2 Retail Ltd:
The company operates "V2 Retail" stores, offering apparel and general merchandise. It has state-of-the-art manufacturing facilities in Noida and Bihar, along with 27 stores in Bihar.
M Cap: ₹1,954 Cr
CMP: ₹565
P/E: 71.6
3 Years Sales Growth: 29.4%
7. Ashoka Buildcon Ltd:
The company secured an EPC project for six-laning NH-2's Aurangabad to Bihar-Jharkhand Border (Chordaha) section in Bihar under Bharatmala, valued at Rs. 520 crores.
M Cap: ₹5,445 Cr
CMP: ₹194
3 Years Sales Growth: 25.2%
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8. Jeena Sikho Lifecare Ltd:
It is one of the leading ayurvedic healthcare system providers in India. The company operates 1 hospital and 10 clinics in Bihar.
M Cap: ₹2,751 Cr
CMP: ₹1,106
P/E: 39.8
3 Years Sales Growth: 33.7%
9. SIS Ltd:
The company was founded in 1985 in Patna, Bihar and is primarily involved in providing security and related services, including manned guarding and training.
M Cap: ₹6,189 Cr
CMP: ₹430
P/E: 32.6
3 Years Sales Growth: 10.3%
10. Hindustan Media Ventures Ltd:
The company holds the top position as the No. 1 daily newspaper brand in Bihar and Uttarakhand and ranks No. 2 in Uttar Pradesh, Bihar, Jharkhand, and Delhi.
M Cap: ₹718 Cr
CMP: ₹97.5
P/E: 96.4
3 Years Sales Growth: 8.88%
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