Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

UniParts listed peers included Balkrishna Industries, Bharat Forge and Ramkrishna Forgings. UniParts’ offer will constitute 32.09% of the post-offer paid-up equity share capital. The issue will conclude on Friday, December 2

Uniparts India IPO to open on Wednesday: GMP, price band, lot size, allotment, listing date & more

ICICI Direct is bullish on Balkrishna Industries recommended buy rating on the stock with a target price of Rs 2200 in its research report dated November 15, 2022.

Buy Balkrishna Industries; target of Rs 2200: ICICI Direct

The company has reported strong demand trends in its key overseas markets with overall Q2 FY23 exports revenue being up 25% YoY.

Balkrishna Industries - Continues To Outperform Industry Exports: ICICI Securities

With a market valuation of ₹38,120.22 Cr, Balkrishna Industries Ltd (BIL) is a large cap company that operates in the Consumer Discretionary Goods & Services (CDGS) industry.

Large-cap CDGS stock declares 200% dividend, posted muted performance: Buy?

Sharekhan recommended Hold rating on Balkrishna Industries with a target price of Rs 2163 in its research report dated November 15, 2022.

Hold Balkrishna Industries; target of Rs 2163: Sharekhan

Results Review For ONGC, ABB India, Balkrishna Industries, Aarti Industries

The tyre maker recorded 2.2 percent year-on-year decline in consolidated profit at Rs 382.3 crore in Q2FY23

Balkrishna Industries shares gain on hopes of better margins from Q4

ONGC, Grasim, IRCTC, Bharat Forge, Biocon, Abbott India, Balkrishna Industries, NMDC, Aarti Industries, AIA Engineering, GMR Infra, Godrej Industries and Radico Khaitan are among the companies that will announce their results for September 2022 quarter today.

Stocks in the news: LIC, Godrej Properties, ONGC, Fortis, Bharat Dynamics and ZEEL

Aarti Industries, Abbott India, Agarwal Industrial Corporation, AIA Engineering, GE Power, Apollo Tyres, Balkrishna Industries, Bharat Forge, CESC, Dish TV, Eros International, FDC, Future Lifestyle, GMR Airports, Grasim Industries, Hinduja Global, JM Financial, Khaitan, Kaveri Seed, Marksans Pharma…

Q2 results this week: Aarti Industries, Abbott India and more

Based on the open interest future percentage, there were 70 stocks in which a short build-up was seen including Voltas, Balkrishna Industries, Polycab India, IRCTC, and Wipro.

Trade setup for today: Top 15 things to know before the opening bell

Sharekhan recommended Hold rating on Balkrishna Industries with a target price of Rs 2163 in its research report dated September 07, 2022.

Balkrishna Industries Limited is engaged in manufacturing a range of off-highway tires. These tires are mainly meant for agricultural, industrial and construction, earthmover and port, mining and all-terrain vehicles (ATV). 

Balkrishna Industries Ltd

Balkrishna Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Uniparts India IPO to open on Wednesday: GMP, price band, lot size, allotment, listing date & more

Buy Balkrishna Industries; target of Rs 2200: ICICI Direct

Balkrishna Industries - Continues To Outperform Industry Exports: ICICI Securities

Large-cap CDGS stock declares 200% dividend, posted muted performance: Buy?

Hold Balkrishna Industries; target of Rs 2163: Sharekhan

Results Review For ONGC, ABB India, Balkrishna Industries, Aarti Industries

Balkrishna Industries shares gain on hopes of better margins from Q4

Balkrishna Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Uniparts India IPO to open on Wednesday: GMP, price band, lot size, allotment, listing date & more

Buy Balkrishna Industries; target of Rs 2200: ICICI Direct

Balkrishna Industries - Continues To Outperform Industry Exports: ICICI Securities

Large-cap CDGS stock declares 200% dividend, posted muted performance: Buy?

Hold Balkrishna Industries; target of Rs 2163: Sharekhan

Results Review For ONGC, ABB India, Balkrishna Industries, Aarti Industries

Balkrishna Industries shares gain on hopes of better margins from Q4

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock