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

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

Hit by losses in core battery, flashlight segments

Eveready Industries net dips 47%

Eveready Industries India posts 48% decline in net profit during September quarter

Eveready Industries India consolidated net profit declines 45.75% in the September 2021 quarter

The stock of Eveready Industries India Ltd had surged 7.6 per cent on Thursday. This has strengthened the bullish momentum. The stock has been in a strong uptrend since April last year. Within this u

Eveready Industries India Ltd (374): Buy

Welspun India Ltd, Eveready Industries India Ltd, Godrej Properties Ltd and Neogen Chemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 23 September 2021.

Shankara Building Products Ltd leads gainers in ‘A’ group

The current market cap of the company is Rs2,611.03cr.

Eveready Industries initiates recovery proceedings for Rs4.12cr from McNally; Stock sheds 2%

Eveready Industries initiates recovery proceedings of Rs4.12cr from McNally; Stock sheds 2%

The company is expected to retire nearly Rs 100 crore of debt by the end of FY22.

Eveready Industries expected to turn debt- free over next two years

Eveready Industries appoints former CFO Suvamoy Saha as Joint MD

“The appointment of a joint managing director is a step taken towards increasing the depth of management and profationalizing the management as the company plans to move into a high growth mode,” Eveready Industries India (EIIL) managing director Amritanshu Khaitan told FE.

Eveready appoints a joint MD; net profit grows 32% in Q1

Pent-up demand in June boosted turnover for the battery company

Eveready Industries Q1 net profit up 21% to ₹30.13 crore

Eveready Industries India Limited is engaged in the business of marketing of fast moving consumer goods (FMCG), such as dry cell batteries, rechargeable batteries, flashlights, packet tea and general lighting products.

Eveready Industries India Ltd

Eveready Industries 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

Eveready Industries net dips 47%

Eveready Industries India posts 48% decline in net profit during September quarter

Eveready Industries India consolidated net profit declines 45.75% in the September 2021 quarter

Eveready Industries India Ltd (374): Buy

Shankara Building Products Ltd leads gainers in ‘A’ group

Eveready Industries initiates recovery proceedings for Rs4.12cr from McNally; Stock sheds 2%

Eveready Industries initiates recovery proceedings of Rs4.12cr from McNally; Stock sheds 2%

Eveready Industries 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

Eveready Industries net dips 47%

Eveready Industries India posts 48% decline in net profit during September quarter

Eveready Industries India consolidated net profit declines 45.75% in the September 2021 quarter

Eveready Industries India Ltd (374): Buy

Shankara Building Products Ltd leads gainers in ‘A’ group

Eveready Industries initiates recovery proceedings for Rs4.12cr from McNally; Stock sheds 2%

Eveready Industries initiates recovery proceedings of Rs4.12cr from McNally; Stock sheds 2%

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