Share price of bf utilities

Bf Utilities Limited Quick Overview BF Utilities Limited is an India-based holding company. The Company is principally engaged in the generation of electricity through windmills and infrastructure activities. Its segments include Wind Energy and Infrastructure. It sells power and related products to customers. Its wind farm project is spread over an expanse of over 300 acres at Thosegar site in Satara district of Maharashtra. Its wind farm project consists of approximately 51 wind energy generators of over 230 kilowatts and approximately 11 WEGs of over 600 kilowatts. Its subsidiary Nandi Infrastructure Corridor Enterprise Limited (NICE) has interest in the Bangalore Mysore Infrastructure Corridor Project, which is an infrastructure development project. The Company’s subsidiary Nandi Highway Developers Ltd. (NHDL) has built and operates over 30 kilometers bypass road connecting the twin cities of Hubli and Dharwad in North Karnataka. Its BMIC project consists of over 41 kilometers (km)outer peripheral road.

• Bf Utilities has an operating revenue of Rs. 698.87 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of 20% is great, ROE of -29% is poor and needs improvement. NULL The stock from a technical standpoint is trading close to its 200DMA and around 9% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 19% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 50 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Bldg-Heavy Construction and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment. BF Utilities Synopsis NSE-Bldg-Heavy Construction Bf Utilities Ltd. belongs to the Industry of Power - Generation/Distribution. Company’s Total Operating Revenue is Rs. 18.38 Cr. and Equity Capital is Rs. 18.83 Cr. for the Year ended 31/03/2022. BF Utilities Ltd. is a Public Limited Listed company incorporated on 15/09/2000 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Nu...

Pursuant to Regulation 24(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please find enclosed herewith Annual Secretarial Compliance Report for the year ended March 31, 2023 duly certified by Mrs. Sheetal S. Joshi, Partner, SVD & Associates, Company Secretaries, Pune. |