appESAB India Ltd
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
Stock has been generating better return on equity than bank 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
Stock offers good dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
ESAB India Ltd
ESABINDIA
Price Chart
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
Current price is more than the intrinsic value
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
Stock has been generating better return on equity than bank 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
Stock offers good dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key MetricsEdit
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Company Profile
ESAB India Limited is an India-based company, which is engaged in the production of welding and cutting equipment and consumables. Its product line includes arc welding equipment, cutting automation, personal protective equipment (PPE) and accessories, plasma, welding consumables, gas equipment, arc gouging (CAC-A) and exothermic cutting, welding automation and robotics and ESAB digital solutions (EDS). Its arc welding equipment products include MMA Equipment (CC), TIG Equipment, MIG Equipment (CV) and Multi-Process Equipment. Its PPE products include helmets and head protection, gloves, clothing, eye protection and accessories. Its welding consumables include covered electrodes, gas-shielded flux-cored wires (FCAW), self-shielded flux-cored wires (FCAW), metal-cored wires (MCAW) and specialty alloys. Its brands include Arcair, Exaton, GASARC, Stoody, Thermal Dynamics, Tweco and Victor Gas Equipment. It serves various industries, such as aerospace, steel service centers, and wind.
PeersCompare with peers
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Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Esab India standalone net profit rises 34.87% in the September 2022 quarter
2 weeks ago•Business Standard
Esab India Standalone September 2022 Net Sales at Rs 276.51 crore, up 25% Y-o-Y
2 weeks ago•Moneycontrol
Recent EventsAll events
Dividend
Esab India Limited has informed the Exchange that Board of Directors at its meeting held on 11-Nov-2022, declared Dividend of Rs. 30 per equity share. | Download
Esab India Limited has informed the Exchange that Board of Directors at its meeting held on 11-Nov-2022, declared Dividend of Rs. 30 per equity share. | Download
Cash Dividend
Interim • Div/Share: ₹ 30
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
Current price is more than the intrinsic value