Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

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

The target entity is initially proposed to be incorporated through seed capital of Rs 5 lakh

Indian Oil, Chennai Petroleum shares catch fire as ICICI Bank sinks teeth into their JV

The current market cap of the company is Rs4,409.22 crore.

Engineers India bags order from Chennai Petroleum Corporation; Stock slips 1.5%

Companies such as Chennai Petroleum, Dr. Reddy’s Lab, GHCL, TTK Healthcare, GMDC, IRB Infrastructure, South Indian Bank, Jaiprakash Power, and Tata Coffee, among others, have made record profits in April-September of the current fiscal.

For these stars, H1 profits higher than last full year

The company’s total expenses surged 75.84% year-on-year (YoY) to Rs 22,870.80 crore during the quarter under review. The cost of raw materials consumed soared 132.42% YoY to Rs 18,842.33 crore in the second quarter of the financial year 2023.

Chennai Petroleum tumbles over 15% as profit falls 99% QoQ

Chennai Petroleum Corporation tumbled 10.78% to Rs 208.90 after the company’s standalone net profit slumped 57.4% to Rs 27.88 crore in Q2 FY23 as against Rs 65.45 crore recorded in Q2 FY22.

Chennai Petro slides after Q2 PAT tumbles 57% YoY to Rs 27.88 cr

Stocks to Watch: Check out the companies making headlines before the opening bell.

Buzzing Stocks | Chennai Petroleum, PFC, CSB Bank, Indus Towers, and others in news today

Total income rose by 43 per cent ₹13,090 crore

Chennai Petroleum posts Q2 net profit of ₹16.93 crore

Infosys, Reliance, RPower, BMW Industries, Zydus Lifesciences, Biocon, DLF, HAL, Welspun Corp, Borosil Renewables, Garden Reach, Arihant Capital, Electronics Mart,Chennai Petroleum Corporation

Stocks that will see action on October 25, 2022

Stocks to watch today: Reliance Industries flat net profit at Rs 13,656 crore in Q2FY23; Chennai Petroleum will post Q2FY23 results on Tuesday, October 25

Stocks to watch: RIL, HUL, ICICI Bank, RBL Bank, IGL, Borosil Renewables

Chennai Petroleum Corporation and Nandani Creation will announce their quarterly result today. Nifty 50 and Sensex ended the special one-hour muhurat trading session on Monday with gains of 0.9% each

Stocks to Watch: RIL, ICICI Bank, HUL, Kotak Mahindra Bank, SpiceJet

Chennai Petroleum Corporation is among the fours companies that will announce their results for September 2022 quarter today.

Stocks in the news: RIL, ICICI Bank, Yes Bank, DLF, Kotak Bank and pharma stocks

Chennai Petroleum Corporation Limited (CPCL) is a company, which offers high speed diesel (HSD) and motor spirit (MS). The Company operates in the downstream petroleum sector.

Chennai Petroleum Corporation Ltd

Chennai Petroleum Corporation 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

Indian Oil, Chennai Petroleum shares catch fire as ICICI Bank sinks teeth into their JV

Engineers India bags order from Chennai Petroleum Corporation; Stock slips 1.5%

For these stars, H1 profits higher than last full year

Chennai Petroleum tumbles over 15% as profit falls 99% QoQ

Chennai Petro slides after Q2 PAT tumbles 57% YoY to Rs 27.88 cr

Buzzing Stocks | Chennai Petroleum, PFC, CSB Bank, Indus Towers, and others in news today

Chennai Petroleum posts Q2 net profit of ₹16.93 crore

Chennai Petroleum Corporation 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

Indian Oil, Chennai Petroleum shares catch fire as ICICI Bank sinks teeth into their JV

Engineers India bags order from Chennai Petroleum Corporation; Stock slips 1.5%

For these stars, H1 profits higher than last full year

Chennai Petroleum tumbles over 15% as profit falls 99% QoQ

Chennai Petro slides after Q2 PAT tumbles 57% YoY to Rs 27.88 cr

Buzzing Stocks | Chennai Petroleum, PFC, CSB Bank, Indus Towers, and others in news today

Chennai Petroleum posts Q2 net profit of ₹16.93 crore

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