Current price is more than the intrinsic value

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

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Revenues grew despite muted demand amid high inflationary conditions

Eveready Industries Q2 net drops 52% to ₹15 crore

Eveready Industries India Ltd on Friday said September quarter profit more than halved, hit by a charge related to a loan repayment and higher input costs

Eveready Industries’ Q2 profit halves; revenue from operations up 5.3%

Eveready Industries India consolidated net profit declines 52.55% in the September 2022 quarter

So far in August, the stock has gained 16 per cent, after the company reported healthy growth in topline performance, backed by volume gains despite a market slow down due to inflationary conditions.

Eveready Industries hits 5-month high on hopes of better business outlook

The stock has increased 16% so far in August as the firm announced strong topline growth supported by volume improvements despite a market slowdown brought on by inflationary conditions

Eveready Industries notches a 5-month high in light of improved business outlook

In Eveready, the current holding of the Burman Group stands at 38.3%

Anand Burman takes charge as non-executive chairman of Eveready Industries

Revenue from operations on a standalone basis increased by nearly 19 per cent at ₹335 crore

Eveready Industries registers 29% fall in Q1 net profit at ₹22 crore

Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022.

Eveready Industries reports 27.5% fall in Q1 net profit at Rs 22 cr

Eveready Industries India (EIIL) jumped 8.31% to Rs 343.60 after the company’s total income increased by 19% to Rs 335.4 crore in Q1 FY23 from Rs 282.1 crore in Q1 FY22.

Eveready Industries India soars after revenue rises 19% YoY in Q1 FY23

The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon.

Anand Burman appointed chairman of Eveready Industries

Eveready Industries India consolidated net profit declines 27.48% in the June 2022 quarter

Eveready Industries India Ltd. is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights, general lighting products and small home appliances. The Company also distributes a range of electrical products and confectioneries. The Company's product portfolio includes Dry cell and rechargeable batteries under the brand names Eveready, Powercell and Uniross; Flashlights and lanterns under the brand names Eveready and Powercell; Lamps and luminaires under the brand names Eveready and Powercell; devices, such as mobile power banks, rechargeable fans and radio, under the Eveready brand, and Confectioneries under the brand name Jollies. It offers a range of fans and appliance products, namely, mixer grinders, irons, room heaters, juicer mixer grinders, water heaters, gas stoves and immersion heaters, among many others. The Company's manufacturing facilities are located in Chennai, Lucknow, Noida, Haridwar, Maddur and Kolkata.

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

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

Eveready Industries Q2 net drops 52% to ₹15 crore

Eveready Industries’ Q2 profit halves; revenue from operations up 5.3%

Eveready Industries India consolidated net profit declines 52.55% in the September 2022 quarter

Eveready Industries hits 5-month high on hopes of better business outlook

Eveready Industries notches a 5-month high in light of improved business outlook

Anand Burman takes charge as non-executive chairman of Eveready Industries

Eveready Industries registers 29% fall in Q1 net profit at ₹22 crore

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

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

Eveready Industries Q2 net drops 52% to ₹15 crore

Eveready Industries’ Q2 profit halves; revenue from operations up 5.3%

Eveready Industries India consolidated net profit declines 52.55% in the September 2022 quarter

Eveready Industries hits 5-month high on hopes of better business outlook

Eveready Industries notches a 5-month high in light of improved business outlook

Anand Burman takes charge as non-executive chairman of Eveready Industries

Eveready Industries registers 29% fall in Q1 net profit at ₹22 crore

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