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

Geekay Wires standalone net profit rises 79.01% in the September 2022 quarter

Geekay Wires standalone net profit rises 77.93% in the June 2022 quarter

Geekay Wires standalone net profit declines 11.27% in the September 2021 quarter

Geekay Wires standalone net profit declines 2.03% in the June 2021 quarter

Geekay Wires standalone net profit declines 69.65% in the March 2021 quarter

Geekay Wires standalone net profit rises 5.83% in the December 2020 quarter

Geekay Wires standalone net profit rises 98.06% in the September 2020 quarter

Geekay Wires standalone net profit rises 5.71% in the June 2020 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Geekay Wires June-Quarter Profit Rises - Investing.com India

Among the stocks that touched their 52-week highs were Alkyl Amines Chemicals,APL Apollo Tubes, Bajaj Electricals, BLS International, Dhunseri Tea, Gujarat Apollo Industries, MindTree, Steel City Securities,Thyrocare Technologies and Geekay Wires.

Share market update: 42 stocks hit 52-week highs on NSE

Geekay Wires standalone net profit rises 229.51% in the March 2020 quarter

Geekay Wires Limited is an India-based company, that is engaged in the manufacturing of galvanized steel wires and nails for applications in power transmission, cable and conductor, general engineering, commercial construction, automotive industries, marine and mine industries, wind and solar power energy, and agriculture. Its products include Collated nails, Bulk Nails, Stainless Steel Fasteners, and other specialty products. Its steel products incudes Stay Wire, Binding Wire, Black Annealed Wire, Spring Wire, HTGS Earth Wire, ACSR Wire and CA Wire. Its specialty products include Tie Wire, Hanger Wire, Masonary Nail, Flooring Cut Nail and Machine Quality Pallet Nail.

Geekay Wires Ltd

Geekay Wires 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

Geekay Wires standalone net profit rises 79.01% in the September 2022 quarter

Geekay Wires standalone net profit rises 77.93% in the June 2022 quarter

Geekay Wires standalone net profit declines 11.27% in the September 2021 quarter

Geekay Wires standalone net profit declines 2.03% in the June 2021 quarter

Geekay Wires standalone net profit declines 69.65% in the March 2021 quarter

Geekay Wires standalone net profit rises 5.83% in the December 2020 quarter

Geekay Wires standalone net profit rises 98.06% in the September 2020 quarter

Geekay Wires 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

Geekay Wires standalone net profit rises 79.01% in the September 2022 quarter

Geekay Wires standalone net profit rises 77.93% in the June 2022 quarter

Geekay Wires standalone net profit declines 11.27% in the September 2021 quarter

Geekay Wires standalone net profit declines 2.03% in the June 2021 quarter

Geekay Wires standalone net profit declines 69.65% in the March 2021 quarter

Geekay Wires standalone net profit rises 5.83% in the December 2020 quarter

Geekay Wires standalone net profit rises 98.06% in the September 2020 quarter

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