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

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

Nifty Midcap Index lost its gains after the index outperformed broader markets in yesterday's session. The Nifty Midcap index tanked down during the day with majority declines and very few advances. 
Top gainers like Crisil, Trident, Oil India, Affle India, Fluorochem were in focus. Whereas the losing candidates were Sun TV, Nalco, Jindal Steel, GMR Infra. 

News base impact was seen in the following: 
Cyient: On announcement of launch of an AI-Powered Framework for Automated System and Software Testing. 

Delhivery: On Expansion plans of its Infrastructural Footprint in Greater Mumbai and Bangalore  

 Kalpataru Power, JMC projects: At a consolidated level secured new orders of 2290 Crores. The company provides good visibility to achieve consolidated revenue growth of 15%+ for FY23.
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Sensex Surges 900 pts, Nifty ends Above 15600; Crisil, Trident, Oil India top gainers | Markets

Electricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies under Ministry’s new scheme.

New EMI scheme can help discoms save 25% of additional payments to gencos, says Crisil

Discoms could potentially save a quarter of their additional payouts if they subscribed to the Ministry of Power’s new scheme.

New Instalment Scheme Can Be Boon For Power Sector, Says Crisil

The export of finished steel had reached a record high of 18.3 mt in the 2021-22 financial year and the prices were at their all-time high

Duty moves to cut steel exports by 40% in FY23: CRISIL

The export of finished steel had reached a record high of 18.3 million tonnes in the 2021-22 financial year and the prices were at their all-time high, the agency said on Monday.

Duty-related measures to cut steel exports from India by 40% in FY23: CRISIL

India’s steel exports is expected to come down by 40% to 12 million tonnes (MT) in the ongoing fiscal, as a result of the duty-related measures taken by the government last month, according to CRISIL

Duty-related measures to cut India’s steel exports by 40% in FY23: CRISIL

On May 21, the government announced waiving of customs duty on the import of some raw materials, including coking coal and ferronickel, used by the steel industry. Also, the duty on exports of iron ore was hiked by up to 50 per cent and for a few steel intermediaries to 15 per cent.

Steel Export | CRISIL : Duty-related measures to slash steel exports from India by 40% in FY23, says CRISIL

In the fiscal year 2021-22, completed steel exports hit a new high of 18.3 million tonnes, and prices were at an all-time high

Steel exports from India will go down by 40% because of duties: CRISIL

Mahindra & Mahindra Financial Services said that CRISIL Ratings has reaffirmed its ratings on the debt programmes and bank facilities of the company at ‘CRISIL AA+/FAAA/Stable/CRISIL A1+’.

CRISIL reaffirms ratings of Mahindra Finance

NBFCs are likely to face borrowing cost of 7.2%-7.4% in FY23, compared to 6.4% last year. However, the borrowing cost will be around 50 basis points lower compared to the pre-Covid level, an analysis by Crisil shows.

NBFC borrowing costs seen rising 85-105 bps: Crisil | The Financial Express

Rs 15 trn debt as on March 31 is due for repricing in FY23 owing to interest reset or maturity. Another Rs 3 trn of incremental debt is likely to be raised to support growth in lending

NBFC profitability to remain stable amid 85-105 bps in funding cost: Crisil

CRISIL Limited is a analytical company. The Company is a provider of ratings, data and research, analytics and solutions. It operates through three segments: Ratings, Research and Advisory.

CRISIL Ltd

CRISIL 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

News Video

Sensex Surges 900 pts, Nifty ends Above 15600; Crisil, Trident, Oil India top gainers | Markets

New EMI scheme can help discoms save 25% of additional payments to gencos, says Crisil

New Instalment Scheme Can Be Boon For Power Sector, Says Crisil

Duty moves to cut steel exports by 40% in FY23: CRISIL

Duty-related measures to cut steel exports from India by 40% in FY23: CRISIL

Duty-related measures to cut India’s steel exports by 40% in FY23: CRISIL

Steel Export | CRISIL : Duty-related measures to slash steel exports from India by 40% in FY23, says CRISIL

Steel exports from India will go down by 40% because of duties: CRISIL

CRISIL reaffirms ratings of Mahindra Finance

NBFC borrowing costs seen rising 85-105 bps: Crisil | The Financial Express

CRISIL 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

News Video

Sensex Surges 900 pts, Nifty ends Above 15600; Crisil, Trident, Oil India top gainers | Markets

New EMI scheme can help discoms save 25% of additional payments to gencos, says Crisil

New Instalment Scheme Can Be Boon For Power Sector, Says Crisil

Duty moves to cut steel exports by 40% in FY23: CRISIL

Duty-related measures to cut steel exports from India by 40% in FY23: CRISIL

Duty-related measures to cut India’s steel exports by 40% in FY23: CRISIL

Steel Export | CRISIL : Duty-related measures to slash steel exports from India by 40% in FY23, says CRISIL

Steel exports from India will go down by 40% because of duties: CRISIL

CRISIL reaffirms ratings of Mahindra Finance

NBFC borrowing costs seen rising 85-105 bps: Crisil | The Financial Express

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