Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Red Flags Found

Here’s what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends investors should do with these stocks when the market resumes trading today.

Trade Spotlight | What Should You Do With Indian Hotels, Shreyas Shipping And Elgi Equipments?

#CNBCTV18 #BusinessNews #BusinessNewsToday #BusinessNewsInEnglish #ShareMarketToday

CNBC-TV18’s Agam Vakil explains why Elgi Equipments is in focus in the trade today.

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Elgi Equipments in focus, here’s why

Go Fashion(India)Ltd., R Systems Intnl, Mukta Arts, Macrotech Developers Ltd. and Elgi Equipments, hit their fresh 52-week highs at 09:59AM.

Stock market update: Stocks that hit 52-week highs on NSE

Bharat Dynamics Ltd, Raymond Ltd, Morepen Laboratories Ltd and Elgi Equipments Ltd are among the other gainers in the BSE’s ‘A’ group today, 29 November 2021.

BEML Ltd leads gainers in ‘A’ group

Marshall Machines, Latent View Analytics Ltd., Kabra Extrusion, Elgi Equipments and MTAR Technologies Ltd., hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Elgi Equipments Ltd clocked volume of 68.77 lakh shares by 14:19 IST on NSE, a 12.14 times surge over two-week average daily volume of 5.66 lakh shares

Volumes soar at Elgi Equipments Ltd counter

Indian Overseas Bank, Central Bank of India, Vakrangee Ltd and Aurum Proptech Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 November 2021.

Elgi Equipments Ltd leads gainers in ‘A’ group

Elgi Equipments jumped 11.17% to Rs 256.20, extending its winning run to second consecutive trading session

Elgi Equipments hits all time high; jumps 20% in two days

Marshall Machines, Kabra Extrusion, Latent View Analytics Ltd., Elgi Equipments and Indian Terrain, hit their fresh 52-week highs at 11:21AM.

Elgi Equipments Ltd clocked volume of 36.74 lakh shares by 14:19 IST on NSE, a 53.91 times surge over two-week average daily volume of 68164 shares

Costly raw materials and longer gestation for price corrections shrunk the margins, said the company

Elgi Equipments posts ₹57 cr standalone profit in Q2

Elgi Equipments is an air compressor manufacturer. Its's products have application across various industries like food processing, pharmaceutical, automotive garages etc.

Elgi Equipments Ltd

Elgi Equipments 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

Trade Spotlight | What Should You Do With Indian Hotels, Shreyas Shipping And Elgi Equipments?

News Video

Elgi Equipments in focus, here’s why

Stock market update: Stocks that hit 52-week highs on NSE

BEML Ltd leads gainers in ‘A’ group

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Volumes soar at Elgi Equipments Ltd counter

Elgi Equipments Ltd leads gainers in ‘A’ group

Elgi Equipments hits all time high; jumps 20% in two days

Stock market update: Stocks that hit 52-week highs on NSE

Volumes soar at Elgi Equipments Ltd counter

Elgi Equipments 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

Trade Spotlight | What Should You Do With Indian Hotels, Shreyas Shipping And Elgi Equipments?

News Video

Elgi Equipments in focus, here’s why

Stock market update: Stocks that hit 52-week highs on NSE

BEML Ltd leads gainers in ‘A’ group

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Volumes soar at Elgi Equipments Ltd counter

Elgi Equipments Ltd leads gainers in ‘A’ group

Elgi Equipments hits all time high; jumps 20% in two days

Stock market update: Stocks that hit 52-week highs on NSE

Volumes soar at Elgi Equipments Ltd counter

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