Current price is less 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

Birla Cable was locked in 20 percent upper circuit at Rs 144, forming robust bullish candlestick pattern on the daily charts with above average volumes. It has seen a breakout of long downward sloping resistance trend line adjoining March 23, April 7, and August 2 this year.

Trade Spotlight | What should you do with Exide Industries, Tube Investments, Birla Cable on Tuesday?

Raj Oil Mills Ltd, Future Enterprises-DVR, Pressman Advertising Ltd and Birla Cable Ltd are among the other gainers in the BSE’s ‘B’ group today, 04 March 2022.

Hisar Metal Industries Ltd leads gainers in ‘B’ group

Orient Bell Ltd, Banaras Beads Ltd, Maan Aluminium Ltd and Birla Cable Ltd are among the other gainers in the BSE’s ‘B’ group today, 25 February 2022.

Delphi World Money Ltd leads gainers in ‘B’ group

Salona Cotspin Ltd, Dynacons Systems & Solutions Ltd, Birla Cable Ltd and Bal Pharma Ltd are among the other gainers in the BSE’s ‘B’ group today, 23 February 2022.

Yaari Digital Integrated Services Ltd leads gainers in ‘B’ group

Punjab Produce Trading Co (PPTCL), a promoter entity, has proposed Satish Pradhan’s name as a director in place of Harsh Vardhan Lodha, who is also in race in Birla Cable board

In legal fight with Lodha family, MP Birla firms set for showdown at AGMs

Birla Cable Standalone June 2021 Net Sales At Rs 92.67 Crore, Up 62.09% Y-o-Y

Birla Cable standalone net profit rises 140.80% in the June 2021 quarter

The WOS of the company will carry out Liaisoning, Business Development, processes for getting the end customer’s approvals.

Birla Cable hits new high on plans to establish new subsidiary in Dubai Multi Commodity Zone

G G Engineering Ltd, Birla Cable Ltd, India Motor Parts & Accessories Ltd and SMS Lifesciences India Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 June 2021.

Universus Photo Imagings Ltd leads gainers in ‘B’ group

Birla Cable standalone net profit rises 6933.33% in the March 2021 quarter

Birla Cable reports standalone net profit of Rs 0.29 crore in the December 2020 quarter

Birla Ericsson Optical Limited is engaged in the manufacture and sale of primarily telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. 

Birla Cable Ltd

Birla Cable 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

Trade Spotlight | What should you do with Exide Industries, Tube Investments, Birla Cable on Tuesday?

Hisar Metal Industries Ltd leads gainers in ‘B’ group

Delphi World Money Ltd leads gainers in ‘B’ group

Yaari Digital Integrated Services Ltd leads gainers in ‘B’ group

In legal fight with Lodha family, MP Birla firms set for showdown at AGMs

Birla Cable Standalone June 2021 Net Sales At Rs 92.67 Crore, Up 62.09% Y-o-Y

Birla Cable standalone net profit rises 140.80% in the June 2021 quarter

Birla Cable 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

Trade Spotlight | What should you do with Exide Industries, Tube Investments, Birla Cable on Tuesday?

Hisar Metal Industries Ltd leads gainers in ‘B’ group

Delphi World Money Ltd leads gainers in ‘B’ group

Yaari Digital Integrated Services Ltd leads gainers in ‘B’ group

In legal fight with Lodha family, MP Birla firms set for showdown at AGMs

Birla Cable Standalone June 2021 Net Sales At Rs 92.67 Crore, Up 62.09% Y-o-Y

Birla Cable standalone net profit rises 140.80% in the June 2021 quarter

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