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

We zoom in on the prospects of Reliance Industries, as also that of two other stocks — Finolex Industries and Chemcrux Enterprises

Tech Query: What is the outlook for Reliance Industries?

Stocks in news: Reliance Industries, SBI, Inox Leisure, NTPC, Tata Motors, Finolex Industries and more

Stocks in news: Reliance Industries, SBI, Tata Motors, NTPC and more

Separate position of Chairman and Executive Director for good corporate governance, says SES report

Proxy firms oppose reappointment of Prakash Chhabria as the Executive Chairperson of Finolex Industries

With a market capitalization of Rs. 8,373.34 crore, Finolex Industries Ltd. is a mid-cap corporation that serves the industrial sector.

With an all-time high of 8,980%, this stock fixes record date for 200% dividend

Finolex Industries fell 4.86% to Rs 133.15 after the company’s standalone net profit tumbled 31.8% to Rs 100.09 crore in Q1 FY23 as against Rs 146.80 crore recorded in Q1 FY22.

Finolex Inds skid after Q1 PAT drops 32% YoY to Rs 100 cr

Finolex Industries consolidated net profit declines 31.82% in the June 2022 quarter

The rating agency has reviewed total bank facilities worth Rs1,378.25 crore.

CRISIL revises long-term rating of Finolex Industries’ bank facilities to ‘CRISIL AA+/Stable’

Sanjay S Math, MD, Finolex Industries, said at an investor call that PVC prices had after touching an all-time high of $1,900 per metric tonne came down to $ 1,500/MT at present. The average PVC price during Q4FY22 was $1,563 compared to $1,900-2,000 during October-November 2021.

ADD on PVC removed: Finolex says PVC dumping by China impacting prices | The Financial Express

Finolex Industries Q4 Review - A Mixed Bag; PVC Resin Margin A Key Monitorable: Systematix

Finolex Industries Stock में जानें कैसे तैयार करें रणनीति, Stock पर Expert ने दी Buying की सलाह, देखें वीडियो
 
Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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Finolex Industries Share News: Stock में जानें कैसे तैयार, Stock में नज़र आ रहा Breakout?

Finolex Industries’ strong backward integration into PVC manufacturing, healthy balance sheet and reasonable valuations are the factors that have made the company a favourite of analysts.

Valuation of Finolex Industries has become reasonable after recent fall: Why it is stock pick of the week

Finolex Industries Limited is a manufacturer of polyvinyl chloride (PVC) pipes & fittings and PVC resins. The Company offers its products across agricultural pipes & fittings and plumbing & sanitation pipes categories.

Finolex Industries Ltd

Finolex 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

Tech Query: What is the outlook for Reliance Industries?

Stocks in news: Reliance Industries, SBI, Tata Motors, NTPC and more

Proxy firms oppose reappointment of Prakash Chhabria as the Executive Chairperson of Finolex Industries

With an all-time high of 8,980%, this stock fixes record date for 200% dividend

Finolex Inds skid after Q1 PAT drops 32% YoY to Rs 100 cr

Finolex Industries consolidated net profit declines 31.82% in the June 2022 quarter

CRISIL revises long-term rating of Finolex Industries’ bank facilities to ‘CRISIL AA+/Stable’

Finolex 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

Tech Query: What is the outlook for Reliance Industries?

Stocks in news: Reliance Industries, SBI, Tata Motors, NTPC and more

Proxy firms oppose reappointment of Prakash Chhabria as the Executive Chairperson of Finolex Industries

With an all-time high of 8,980%, this stock fixes record date for 200% dividend

Finolex Inds skid after Q1 PAT drops 32% YoY to Rs 100 cr

Finolex Industries consolidated net profit declines 31.82% in the June 2022 quarter

CRISIL revises long-term rating of Finolex Industries’ bank facilities to ‘CRISIL AA+/Stable’

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