“Any stock seating at 100 plus PE multiple could be set for a fall. Extremely richly valued stocks like DMart, InfoEdge, something like a Zomato, even Asian Paints, Astral Poly could see correction over even a minor disappointment.”

Humpty, Dumpty stocks that are set for a fall: Dipan Mehta

After yesterday's move in Astral Poly and another 6-7% more, the company will become eligible to be a part of the MSEI index. Sriram Velayudhan of IIFL shares his views on this.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #SriramVelayudhan #AstralPoly

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Sriram Velayudhan On Moves In Astral Poly & Its Inclusion In MSEI | Bazaar Open Exchange | CNBC-TV18

Astral Poly Technik saw a sequential decline in its business in Q1 of FY22. Hiranand Savlani, the CFO of the company, shares how the demand situation looks like for the company post July.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #HiranandSavlani #AstralPolyTechnik

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

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Hiranand Savlani On Astral Poly Technik's Demand Picture Post July | Halftime Report | CNBC-TV18

Astral Poly Technik Q1 Review - Subdued Performance, Growth Trajectory Back On Track: IDBI Capital

Net Sales are expected to increase by 51.7 percent Y-o-Y (down 45.7 percent Q-o-Q) to Rs. 612.7 crore, according to ICICI Direct.

Astral Poly Technik Q1 PAT Seen Up 205% YoY To Rs. 61.9 Cr: ICICI Direct

Price hike & product mix offsets raw material price hike pressure on Astral Poly's margins in Q4. But will the trend hold in FY22? In  conversation with CFO Hiranand Savlani. #BQLive

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Talking Point With Astral Poly's Hiranand Savlani

Astral Poly Technik Q4 Review - Healthy Margins, Story Remains Intact: Dolat Capital

Astral Poly Technik Q4 Review - Beat On All Fronts: ICICI Direct

Astral Poly Technik Q4 Review - Another Strong Quarterly Performance On All Parameters: IDBI Capital

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Astral Poly के जानें कैसे रहें Q4 के नतीजे, KYC में जानें क्या है Management का कहना | CNBC Awaaz

Net Sales are expected to increase by 41.8 percent Y-o-Y (up 26 percent Q-o-Q) to Rs 942 crore, according to Sharekhan.

Astral Poly Technik Q4 PAT Seen Up 75.4% YoY To Rs 119 Cr: Sharekhan

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Astral Poly Technik Limited is engaged in the production of plastic products. The Company and its subsidiaries are engaged in the business of manufacturing and trading of pipes, fittings and adhesive solutions.

Astral Ltd

Astral Ltd

Scorecard

News & Opinions

Humpty, Dumpty stocks that are set for a fall: Dipan Mehta

News Video

Sriram Velayudhan On Moves In Astral Poly & Its Inclusion In MSEI | Bazaar Open Exchange | CNBC-TV18

News Video

Hiranand Savlani On Astral Poly Technik's Demand Picture Post July | Halftime Report | CNBC-TV18

Astral Poly Technik Q1 Review - Subdued Performance, Growth Trajectory Back On Track: IDBI Capital

Astral Poly Technik Q1 PAT Seen Up 205% YoY To Rs. 61.9 Cr: ICICI Direct

News Video

Talking Point With Astral Poly's Hiranand Savlani

Astral Poly Technik Q4 Review - Healthy Margins, Story Remains Intact: Dolat Capital