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

Buzzing stocks: Ashok Leyland, Bosch, HPCL, KIMS, Concor, Ujjivan, Biocon, Future Enterprises, IRB Infra, Adani Enterprises and Endurance Tech

stocks that will see action today may 19

Future Enterprises (FEL), part of the beleaguered Future Group, on Wednesday said it defaulted on interest payment of Rs 1.06 crore due on non-convertible debentures (NCDs).

Future Enterprises defaults on interest payment | The Financial Express

The Kishore Biyani-led Future group firm has defaulted on several payments in last three months. The latest default is on the interest of securities issued for a sum of Rs 23 crore. FEL has defaulted on interest payment for the period between November 11, 2021 to May 16, 2022, it said.

Future Enterprises defaults on Rs 1.06 cr interest payment for NCDs

The interest payment was due for 178 days between November 16, 2021, and May 12, 2022, for a principal amount of Rs 2 crore, it said in a regulatory update.

Future Enterprises fails to make interest payment of Rs 8.94 lakh on NCDs | The Financial Express

The principal payment of ₹24 crore and interest of more than ₹2 crore for the NCDs were payable by Monday, the company informed the stock exchanges on Tuesday. “The company is unable to service its obligations in respect of the principal and interest on non-convertible debentures that was due on May…

Future Enterprises defaults on NCD payment worth Rs 26 crore

The company was unable to service its obligations in respect of the principal and interest on NCDs due on May 9, 2022. The interest payment was due for 181 days between November 9, 2021, to May 8, 2022, for a gross principal amount of Rs 50 crore, it said in a regulatory update.

Future Enterprises defaults on repayment of NCD interest payment | The Financial Express

On March 31, FEL defaulted on repayment of Rs 2,911.51 crore of loans to the consortium of banks and lenders. Later it also missed a 30-day review period as per the scheme of One Time Restructuring (OTR) for COVID-hit companies with its consortium of banks.

Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvency

Besides, FEL is also planning to sell its 33.3 per cent stake in its Life Insurance JV - Future Generali India Life Insurance Company Limited (FGILICL).

Future Enterprises to raise Rs 3,000 cr from insurance biz sale to avoid insolvency

New Delhi, May 8 (PTI) Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare debt, which may save the company from facing the rigour of the insolvency process, according to industry sources.

Future Enterprises May Raise Rs 3,000 Crore From Insurance Sale

Earlier on Thursday, Future Enterprises Ltd completed the sale of its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to joint venture partner Generali for Rs 1,266.07 crore

Future Enterprises to raise Rs 3,000 cr via insurance biz sale to pare debt

Future Enterprises has sold a 25% stake in Future Generali India Insurance to its joint venture partner for Rs 1,266.07 crore.

Future Enterprises Sells Rs 1,266-Crore Stake In General Insurance Venture

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

stocks that will see action today may 19

Future Enterprises defaults on interest payment | The Financial Express

Future Enterprises defaults on Rs 1.06 cr interest payment for NCDs

Future Enterprises fails to make interest payment of Rs 8.94 lakh on NCDs | The Financial Express

Future Enterprises defaults on NCD payment worth Rs 26 crore

Future Enterprises defaults on repayment of NCD interest payment | The Financial Express

Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvency

Future Enterprises to raise Rs 3,000 cr from insurance biz sale to avoid insolvency

Future Enterprises May Raise Rs 3,000 Crore From Insurance Sale

Future Enterprises to raise Rs 3,000 cr via insurance biz sale to pare debt

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

stocks that will see action today may 19

Future Enterprises defaults on interest payment | The Financial Express

Future Enterprises defaults on Rs 1.06 cr interest payment for NCDs

Future Enterprises fails to make interest payment of Rs 8.94 lakh on NCDs | The Financial Express

Future Enterprises defaults on NCD payment worth Rs 26 crore

Future Enterprises defaults on repayment of NCD interest payment | The Financial Express

Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvency

Future Enterprises to raise Rs 3,000 cr from insurance biz sale to avoid insolvency

Future Enterprises May Raise Rs 3,000 Crore From Insurance Sale

Future Enterprises to raise Rs 3,000 cr via insurance biz sale to pare debt

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