Intrinsic Value

Stock has not been able to generate 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

Enkei Wheels India standalone net profit rises 7.49% in the March 2022 quarter

Enkei Wheels Standalone September 2021 Net Sales At Rs 119.23 Crore, Up 57.24% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 4.88 crore in the September 2021 quarter

Enkei Wheels Standalone June 2021 Net Sales At Rs 68.28 Crore, Up 537.06% Y-o-Y

Enkei Wheels India reports standalone net loss of Rs 4.31 crore in the June 2021 quarter

Enkei Wheels Standalone March 2021 Net Sales At Rs 112.46 Crore, Up 67.4% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 8.28 crore in the March 2021 quarter

Enkei Wheels India standalone net profit declines 85.03% in the December 2020 quarter

Enkei Wheels (India) Limited is an India-based company that is a manufacturer of the Aluminum Alloy Wheels to two wheelers as well as four wheelers. The principal activities of Company are manufacturing of aluminum alloy casting wheels, which are being used in automotive segment of the industry in India. It operates in Automotive Wheels segment. The Company has approximately two products, which include aluminum alloy wheels for two wheeler and aluminum alloy wheels for four wheeler. The Company's products are mainly used in utility vehicles and mid-size car segments. The Company's two wheeler products has an installed capacity of approximately 1,20,000 pressure control solenoid (pcs)/average (avg.) per month. Its four wheeler products has an installed capacity of approximately 90,000 pcs/avg. per month. Its manufacturing facility is located at Pune.

Enkei Wheels (India) Ltd

Enkei Wheels (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

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

Enkei Wheels India standalone net profit rises 7.49% in the March 2022 quarter

Enkei Wheels Standalone September 2021 Net Sales At Rs 119.23 Crore, Up 57.24% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 4.88 crore in the September 2021 quarter

Enkei Wheels Standalone June 2021 Net Sales At Rs 68.28 Crore, Up 537.06% Y-o-Y

Enkei Wheels India reports standalone net loss of Rs 4.31 crore in the June 2021 quarter

Enkei Wheels Standalone March 2021 Net Sales At Rs 112.46 Crore, Up 67.4% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 8.28 crore in the March 2021 quarter

Enkei Wheels (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

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

Enkei Wheels India standalone net profit rises 7.49% in the March 2022 quarter

Enkei Wheels Standalone September 2021 Net Sales At Rs 119.23 Crore, Up 57.24% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 4.88 crore in the September 2021 quarter

Enkei Wheels Standalone June 2021 Net Sales At Rs 68.28 Crore, Up 537.06% Y-o-Y

Enkei Wheels India reports standalone net loss of Rs 4.31 crore in the June 2021 quarter

Enkei Wheels Standalone March 2021 Net Sales At Rs 112.46 Crore, Up 67.4% Y-o-Y

Enkei Wheels India reports standalone net profit of Rs 8.28 crore in the March 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