Current price is less than the intrinsic value

Intrinsic Value

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

Returns 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 short-term rating of CRISIL Al has been reaffirmed.

CRISIL downgrades long-term rating of Eimco Elecon

Eimco Elecon Standalone September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon Consolidated September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon (India) consolidated net profit declines 54.71% in the September 2021 quarter

Eimco Elecon (India) standalone net profit declines 55.91% in the September 2021 quarter

Eimco Elecon Consolidated June 2021 Net Sales At Rs 14.96 Crore, Down 32.77% Y-o-Y

Eimco Elecon (India) standalone net profit declines 66.54% in the June 2021 quarter

Eimco Elecon Consolidated March 2021 Net Sales At Rs 38.06 Crore, Up 20.08% Y-o-Y

Eimco Elecon Standalone March 2021 Net Sales At Rs 38.06 Crore, Up 20.08% Y-o-Y

Eimco Elecon (India) consolidated net profit rises 10.80% in the December 2020 quarter

Short-term rating of the company has also been reaffirmed as CRISIL A1.

CRISIL reaffirms long-term rating of Eimco Elecon; Revises outlook to negative

Eimco Elecon (India) is engaged in the business of manufacturing and supplying of equipment's for mining and construction sector. The Company produces a range of underground coal mining machinery and its spares and components.

Eimco Elecon India Ltd

Eimco Elecon India 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

Returns 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 return on equity 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

CRISIL downgrades long-term rating of Eimco Elecon

Eimco Elecon Standalone September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon Consolidated September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon (India) consolidated net profit declines 54.71% in the September 2021 quarter

Eimco Elecon (India) standalone net profit declines 55.91% in the September 2021 quarter

Eimco Elecon Consolidated June 2021 Net Sales At Rs 14.96 Crore, Down 32.77% Y-o-Y

Eimco Elecon (India) standalone net profit declines 66.54% in the June 2021 quarter

Eimco Elecon India 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

CRISIL downgrades long-term rating of Eimco Elecon

Eimco Elecon Standalone September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon Consolidated September 2021 Net Sales At Rs 10.85 Crore, Down 67.59% Y-o-Y

Eimco Elecon (India) consolidated net profit declines 54.71% in the September 2021 quarter

Eimco Elecon (India) standalone net profit declines 55.91% in the September 2021 quarter

Eimco Elecon Consolidated June 2021 Net Sales At Rs 14.96 Crore, Down 32.77% Y-o-Y

Eimco Elecon (India) standalone net profit declines 66.54% 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

Returns 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 return on equity 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