Shri BajrangAlliance
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Forensics
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Shri Bajrang Alliance Ltd said on Wednesday that its board had approved a plan to withdraw the company's entire remaining partnership interest in Shri Bajrang Chemical Distillery LLP, subject to consents and other formalities. Once completed, the company will cease to be a partner in the venture. The board also appointed managing director Anand Goel as chairman and managing director, filling the vacancy left by the resignation of Narendra Goel earlier this month. Independent director Rakesh Kumar Mehra will step down at the end of his tenure on 28 June, while Anshul Dave was re-appointed for a second five-year independent term from 13 August, subject to shareholder approval.
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Shri Bajrang Alliance Ltd said on Wednesday that its board had approved a plan to withdraw the company's entire remaining partnership interest in Shri Bajrang Chemical Distillery LLP, subject to consents and other formalities. Once completed, the company will cease to be a partner in the venture. The board also appointed managing director Anand Goel as chairman and managing director, filling the vacancy left by the resignation of Narendra Goel earlier this month. Independent director Rakesh Kumar Mehra will step down at the end of his tenure on 28 June, while Anshul Dave was re-appointed for a second five-year independent term from 13 August, subject to shareholder approval.
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March 27 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
SHRI BAJRANG ALLIANCE LTD - PRODUCTION RESUMED AT AGRO DIVISION PLANT EFFECTIVE MARCH 26, 2025
Source text: ID:nBSE1b69Z4
Further company coverage: SHBA.BO
(([email protected];))
March 27 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
SHRI BAJRANG ALLIANCE LTD - PRODUCTION RESUMED AT AGRO DIVISION PLANT EFFECTIVE MARCH 26, 2025
Source text: ID:nBSE1b69Z4
Further company coverage: SHBA.BO
(([email protected];))
Dec 2 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
TRANSITIONED ITS FROZEN FOOD PLANT TO OPERATE ENTIRELY ON SOLAR POWER
Source text: ID:nBSEb5YKdh
Further company coverage: SHBA.BO
(([email protected];;))
Dec 2 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
TRANSITIONED ITS FROZEN FOOD PLANT TO OPERATE ENTIRELY ON SOLAR POWER
Source text: ID:nBSEb5YKdh
Further company coverage: SHBA.BO
(([email protected];;))
July 13 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
FORMED STRATEGIC PARTNERSHIP AS APPROVED SUPPLIER WITH KENTUCKY FRIED CHICKEN OF YUM BRANDS
Source text for Eikon: ID:nBSEW58JC
Further company coverage: SHBA.BO
(([email protected];))
July 13 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
FORMED STRATEGIC PARTNERSHIP AS APPROVED SUPPLIER WITH KENTUCKY FRIED CHICKEN OF YUM BRANDS
Source text for Eikon: ID:nBSEW58JC
Further company coverage: SHBA.BO
(([email protected];))
July 10 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
FORMED STRATEGIC PARTNERSHIP AS APPROVED SUPPLIER WITH DOMINOS AND HONG'S KITCHEN OF JUBILANT FOOD WORKS
Source text for Eikon: ID:nBSEndLSd
Further company coverage: JUBI.NSSHBA.BO
(([email protected];))
July 10 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
FORMED STRATEGIC PARTNERSHIP AS APPROVED SUPPLIER WITH DOMINOS AND HONG'S KITCHEN OF JUBILANT FOOD WORKS
Source text for Eikon: ID:nBSEndLSd
Further company coverage: JUBI.NSSHBA.BO
(([email protected];))
April 24 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
SHRI BAJRANG ALLIANCE RECEIVED 4 CONTAINER ORDERS OF 2 EACH FOR MIDDLE EAST COUNTRIES AND USA
Source text for Eikon: ID:nBSE6GrSkZ
Further company coverage: SHBA.BO
(([email protected];))
April 24 (Reuters) - Shri Bajrang Alliance Ltd SHBA.BO:
SHRI BAJRANG ALLIANCE RECEIVED 4 CONTAINER ORDERS OF 2 EACH FOR MIDDLE EAST COUNTRIES AND USA
Source text for Eikon: ID:nBSE6GrSkZ
Further company coverage: SHBA.BO
(([email protected];))
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Popular questions
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What does Shri BajrangAlliance do?
Shri Bajrang Alloys Ltd is a major structural rolling mill in Chattisgarh, India, known for producing a wide range of products including Beams, Channels, Angles, and custom items.
Who are the competitors of Shri BajrangAlliance?
Shri BajrangAlliance major competitors are Semac Construction, Alliance Integrated, Ishan International, Hercules Investments, Batliboi, Kothari Products, Bemco Hydraulics. Market Cap of Shri BajrangAlliance is ₹165 Crs. While the median market cap of its peers are ₹372 Crs.
Is Shri BajrangAlliance financially stable compared to its competitors?
Shri BajrangAlliance seems to be less financially stable compared to its competitors. Altman Z score of Shri BajrangAlliance is 2.19 and is ranked 6 out of its 8 competitors.
Does Shri BajrangAlliance pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Shri BajrangAlliance latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Shri BajrangAlliance allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Shri BajrangAlliance balance sheet?
Balance sheet of Shri BajrangAlliance is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Shri BajrangAlliance improving?
No, profit is decreasing. The profit of Shri BajrangAlliance is ₹2.86 Crs for TTM, ₹32.6 Crs for Mar 2025 and ₹40.86 Crs for Mar 2024.
Is the debt of Shri BajrangAlliance increasing or decreasing?
Yes, The net debt of Shri BajrangAlliance is increasing. Latest net debt of Shri BajrangAlliance is ₹104 Crs as of Mar-26. This is greater than Mar-25 when it was ₹97.28 Crs.
Is Shri BajrangAlliance stock expensive?
Shri BajrangAlliance is not expensive. Latest PE of Shri BajrangAlliance is 3.72, while 3 year average PE is 4.85. Also latest EV/EBITDA of Shri BajrangAlliance is 69.58 while 3yr average is 73.03.
Has the share price of Shri BajrangAlliance grown faster than its competition?
Shri BajrangAlliance has given better returns compared to its competitors. Shri BajrangAlliance has grown at ~4.16% over the last 3yrs while peers have grown at a median rate of -14.82%
Is the promoter bullish about Shri BajrangAlliance?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Shri BajrangAlliance is 63.97% and last quarter promoter holding is 63.97%.
Are mutual funds buying/selling Shri BajrangAlliance?
There is Insufficient data to gauge this.