Tega Industries Ltd is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. • Global second-largest producer of polymer-based mill liners by revenues • Offers products and solutions for various stages of mineral processing • Covers the entire value chain of a mineral processing site
Key Financials: • Total Revenue for latest quarter increased by >17% Y-o-Y • Net Profit for latest quarter increased by ~44% Y-o-Y • Net Profit margin increased from an average of ~13% over the last 4 quarters to ~16%
Red Flag Check: • Promoter holding is good at almost 80% with negligible pledging • Debt:Equity is good with enough interest coverage • Stock is not in any of the exchange surveillance lists
Key Technicals: • Price is in a steady uptrend • Strong relative strength compared to benchmark index • Price broke out of previous all-time high this week with heavy volumes
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That's impressive to hear about Tega Industries Ltd! 🚀 They seem to be excelling in their field as a leading manufacturer and distributor of specialized products for the mineral beneficiation, mining, and bulk solids handling industry. Their wide range of offerings throughout the mineral processing value chain is undoubtedly valuable.
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