Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

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

Piramal Pharma Ltd, BCPL Railway Infrastructure Ltd, Coastal Corporation Ltd Partly Paidup and The Byke Hospitality Ltd are among the other losers in the BSE’s ‘B’ group today, 10 November 2022.

Everest Industries Ltd leads losers in ‘B’ group

MIT bought 3,63,978 shares of the company between June 23 and October 11 from open market

Massachusetts Institute hikes stake in Everest Industries

The current market cap of the company is Rs1,374.12 crore.

Everest Industries gets approval from Karnataka govt for land allotment; Stock tumbles 3%

Everest Industries said that it has received in-principle approval from the Government of Karnataka for allotment of 15 acres of land by Karnataka Industrial Area Development Board (KIADB) at Immavu Industrial Area, Mysuru District.

Everest Inds gets in-principle nod from Karnataka Govt for land allotment

Karnataka Govt. to allot 15 acres land to Everest Industries

Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.

Stock of this building products company has zoomed 100% since December

Nureca Ltd, Saksoft Ltd, Everest Industries Ltd and Dhunseri Ventures Ltd are among the other losers in the BSE’s ‘B’ group today, 11 November 2021.

Shreyas Shipping & Logistics Ltd leads losers in ‘B’ group

Everest Industries consolidated net profit declines 41.16% in the September 2021 quarter

Everest Industries consolidated net profit declines 2.63% in the June 2021 quarter

Everest Industries reports consolidated net profit of Rs 12.23 crore in the March 2021 quarter

Everest Industries, Fine Organic Industries, Garware Technical Fibres, Gujarat Industries Power, Golden Crest Education, Goodyear India, Gujarat Pipavav Port will release quarterly earnings today.

Important results today: Eicher Motors, Sun Pharma, Cadila, Kalyan Jewellers

Everest Industries is engaged in business of building products, such as roofing products, boards and panels and manufacturing & erection of pre-engineered steel buildings & related accessories.

Everest Industries Ltd

Everest Industries 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

Everest Industries Ltd leads losers in ‘B’ group

Massachusetts Institute hikes stake in Everest Industries

Everest Industries gets approval from Karnataka govt for land allotment; Stock tumbles 3%

Everest Inds gets in-principle nod from Karnataka Govt for land allotment

Karnataka Govt. to allot 15 acres land to Everest Industries

Stock of this building products company has zoomed 100% since December

Shreyas Shipping & Logistics Ltd leads losers in ‘B’ group

Everest Industries 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

Everest Industries Ltd leads losers in ‘B’ group

Massachusetts Institute hikes stake in Everest Industries

Everest Industries gets approval from Karnataka govt for land allotment; Stock tumbles 3%

Everest Inds gets in-principle nod from Karnataka Govt for land allotment

Karnataka Govt. to allot 15 acres land to Everest Industries

Stock of this building products company has zoomed 100% since December

Shreyas Shipping & Logistics Ltd leads losers in ‘B’ group

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