Widely read:
Spotting a turnaround is not easy. Analysts pore over reams of data to foretell a turnaround. If they are right, the rewards could be substantial. A company that returns to profit from loss tends to see its stock price racing. And why not? The shares of a turnaround have already languished for so long that a whiff of profits propels them.
The table below lists companies which have shown quarterly profits (after adjusting for exceptional items) in the recent two quarters. They had been in loss for many quarters previously. These companies could be probable cases of a turnaround.
| Company | Industry | M-cap (Rs cr) |
Quarterly EPS (Rs) | ||||||
| Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | |||
| Shriram EPC | Engineering - Construction | 1,369 | 0.09 | 0.03 | -0.01 | -0.7 | -3.11 | -0.65 | -0.36 |
| BF Utilities* | Power Generation | 1,160 | 0.31 | 4.16 | -0.06 | -0.22 | -0.08 | -0.08 | 1.38 |
| Butterfly Gandhimathi | Consumer Durables | 563 | 0.94 | 6.43 | -4.93 | -11.68 | -14.67 | 0.31 | -5.41 |
| Future Market Networks | Miscellaneous | 553 | 1.09 | 0.22 | -1.42 | -1.54 | -0.97 | -0.47 | -1.31 |
| Radha Madhav Corporation | Packaging | 228 | 0.55 | 0.4 | 0 | 0 | -0.14 | -0.29 | -0.06 |
| Sunshield Chemicals | Chemicals | 191 | 0.45 | 0.63 | -1.28 | -3.81 | -3.62 | -0.48 | -0.93 |
| Gillanders Arbuthnot | Diversified | 115 | 2.98 | 3.49 | -0.31 | -0.99 | -0.53 | 2.69 | -1.93 |
| Nutraplus India | Pharmaceuticals & Drugs | 80 | 0.07 | -0.03 | -0.83 | -0.85 | -0.28 | 0.05 | -1.19 |
| Cochin Minerals | Chemicals | 140 | 0.41 | 0.69 | -1.64 | -1.73 | -2.77 | -1.28 | -1.68 |
| Market cap data as on on July 4, 2018 * EPS data is from Mar-18 to Sep-16 |
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Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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