Current price is more than the intrinsic value

Intrinsic value

Stock has been generating 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

Fund based long term rating (Rs 145 crore) - ICRA AA+; Stable (upgraded from ICRA AA; Positive) Non fund based long term / short term rating (Rs 90 crore) - ICRA AA+; Stable/ ICRA A1+ (revised from ICRA AA; Positive/ ICRA A1+)

Garware Technical Fibres receives upgrade in LT ratings

Garware Technical Fibres Ltd clocked volume of 2238 shares by 10:44 IST on BSE, a 4.52 times surge over two-week average daily volume of 496 shares

Volumes soar at Garware Technical Fibres Ltd counter

Global Cues on Dec 15, 2022: (post market)
India Trade Balance
BoE Interest Rate Decision
ECB Interest Rate Decision
U.S. Industrial Production
U.S. Initial Jobless Claims

Global Cues on Dec 16, 2022:
S&P Global/CIPS UK PMI - Services, Mfg, Composite
Eurozone CPI 

Corporate Action:
Accenture Earnings
Garware Technical Fibres Buyback Tender Offer to Close
Archean Chemical Industries: Lock-in opens
Patel Engineering: Board meet to consider fund raising via Rights Issue
Star Housing Finance: Ex-date for bonus & split 
CL Educate, Gloster: Ex-date for bonus
IRCTC OFS for retail to open 

Other Events:
“Triple witching” day takes place in the US market, the quarterly event where the expiry of stock and index options collide with those of index futures.
US deadline for a new funding deal to avert a federal government shutdown
Nepal to Lift Ban on Import of Vehicles: Agencies #ETNOW #BusinessNews #Business
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Events To Watch | ET Now | Business News | Latest Update

Shujaul Rehman, the CEO, of Garware Technical Fibres, discusses the company's fundraising opportunities, business outlook, and more. Listen in.

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Shujaul Rehman On Garware Technical Fibres' Fundraise Opportunities | Midcap Radar | CNBC-TV18

📍आज L&T Infotech, Garware Technical Fibers और CEAT समेत कौनसे शेयर रहेंगे फोकस में?

किन खबरों के दम पर रहेगा एक्शन?

✨बाजार के लिए कौनसे हैं अहम ट्रिगर्स?

जानिए #stocksinnews में...
 
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Stocks In News : Which stocks including L&T Infotech, Garware Tech Fibers & CEAT will be in focus?

ICICI Direct is bullish on Garware Technical Fibres recommended buy rating on the stock with a target price of Rs 4160 in its research report dated October 27, 2022.

Buy Garware Technical Fibres; target of Rs 4160: ICICI Direct

Increased traction in new high margin innovative products (40% of VAPs) to drive 250 bps margin expansion to 21.2% in FY22-24E.

Garware Technical Fibres Q2 Results Review - Margins Expected To Improve From H2 FY23: ICICI Direct

Garware Technic Standalone September 2022 Net Sales at Rs 351.62 crore, up 28.92% Y-o-Y

Garware Hi-Tech was initially in the business of trading imported cars. Later, the company began polyester film manufacturing. Currently, the company is the leading manufacturer, supplier of high-quality, durable, and highly tensile polyester films internationally.

Ashish Kacholia adds stake in these 2 smallcaps in September quarter

Garware Technical Fibres consolidated net profit rises 16.83% in the September 2022 quarter

Garware-Wall Ropes manufactures and sells various products, such as ropes, twine, yarn, fishnet, nettings and technical textiles. It provides solutions for various sectors, including deep-sea fishing, agriculture, sports, infrastructure etc.

Garware Technical Fibres Ltd

Garware Technical Fibres 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

Garware Technical Fibres receives upgrade in LT ratings

Volumes soar at Garware Technical Fibres Ltd counter

News Video

Events To Watch | ET Now | Business News | Latest Update

News Video

Shujaul Rehman On Garware Technical Fibres' Fundraise Opportunities | Midcap Radar | CNBC-TV18

News Video

Stocks In News : Which stocks including L&T Infotech, Garware Tech Fibers & CEAT will be in focus?

Buy Garware Technical Fibres; target of Rs 4160: ICICI Direct

Garware Technical Fibres Q2 Results Review - Margins Expected To Improve From H2 FY23: ICICI Direct

Garware Technic Standalone September 2022 Net Sales at Rs 351.62 crore, up 28.92% Y-o-Y

Garware Technical Fibres 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

Garware Technical Fibres receives upgrade in LT ratings

Volumes soar at Garware Technical Fibres Ltd counter

News Video

Events To Watch | ET Now | Business News | Latest Update

News Video

Shujaul Rehman On Garware Technical Fibres' Fundraise Opportunities | Midcap Radar | CNBC-TV18

News Video

Stocks In News : Which stocks including L&T Infotech, Garware Tech Fibers & CEAT will be in focus?

Buy Garware Technical Fibres; target of Rs 4160: ICICI Direct

Garware Technical Fibres Q2 Results Review - Margins Expected To Improve From H2 FY23: ICICI Direct

Garware Technic Standalone September 2022 Net Sales at Rs 351.62 crore, up 28.92% Y-o-Y

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