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

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

Debt-ridden Future Enterprises Ltd (FEL) on Thursday said it has defaulted on interest payment of Rs 86.18 lakh for its non-convertible debentures.

Future Enterprises defaults on Rs 86.18 lakh interest payment for NCDs

Stocks to watch out for today: Airtel, Jubilant Ingrevia, City Union Bank, Future Enterprises, VIP Clothing, Shyam Metalics and Energy and more

Stocks in the news: Airtel, Jubilant Ingrevia, City Union Bank, Future Enterprises and more

FEL has defaulted on interest payments for the period from June 20, 2022, to December 18, 2022

Future Enterprises defaults on ₹6.07 crore interest payment for NCDs

“The company is unable to service its obligations in respect of the interest on Non-Convertible Debentures due on December 19, 2022,” it said.

Future Enterprises defaults on Rs 6.07 crore interest payment for NCDs

In 2018 Gupta became the head of meal delivery at Zomato. After Ganjoo became the CEO of food delivery in 2021, he was promoted to co-founder to take charge of future enterprises.

Another high-profile exit from Zomato as Co-founder Mohit Gupta resigns; Details inside

The debt-ridden Future Group has been facing three petitions filed by its operational creditors before the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against the company. Lenders of FEL have also appointed an auditor for conducting a forensic audit of the firm. FEL had r…

Future Enterprises defaults on Rs 1.07 crore interest payment for NCDs

Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

New Delhi, Oct 30 Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation..

Future Enterprises defaults on principal amount of Rs 126.13 crore in September

“The company is unable to service its obligations in respect of the interest on Non-Convertible Debentures due on October 11, 2022,” a regulatory filing. said.

Future Enterprises defaults on Rs 9.16 crore interest payment for NCDs

FEL, which is engaged in the business of manufacturing, trading, leasing of assets and logistics services, has committed several defaults in the last six months

Future Enterprises receives three months extension for holding AGM

Due date for payment was September 20, 2022, for the period starting March 21, 2022 and ending September 19, 2022. ​The debentures are secured and have a coupon rate of 9.60% per annum.

Future Enterprises defaults on Rs 15.73 crore interest payment for NCDs

Future Enterprises Limited is engaged in the business of multi brand retail trading. It owns and operates stores like Big Bazaar, fbb, Food Bazaar, Foodhall, HomeTown and Ezone.

Future Enterprises Ltd

Future Enterprises 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

Future Enterprises defaults on Rs 86.18 lakh interest payment for NCDs

Stocks in the news: Airtel, Jubilant Ingrevia, City Union Bank, Future Enterprises and more

Future Enterprises defaults on ₹6.07 crore interest payment for NCDs

Future Enterprises defaults on Rs 6.07 crore interest payment for NCDs

Another high-profile exit from Zomato as Co-founder Mohit Gupta resigns; Details inside

Future Enterprises defaults on Rs 1.07 crore interest payment for NCDs

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

Future Enterprises 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

Future Enterprises defaults on Rs 86.18 lakh interest payment for NCDs

Stocks in the news: Airtel, Jubilant Ingrevia, City Union Bank, Future Enterprises and more

Future Enterprises defaults on ₹6.07 crore interest payment for NCDs

Future Enterprises defaults on Rs 6.07 crore interest payment for NCDs

Another high-profile exit from Zomato as Co-founder Mohit Gupta resigns; Details inside

Future Enterprises defaults on Rs 1.07 crore interest payment for NCDs

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

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