Globe Textiles (India) Ltd
GLOBE
6.600.05 (-0.75%)
Investment Checklist
BasicPro
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
Stock has been generating better return on equity than bank 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
Stock doesn't offer attractive dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Globe Textiles (India) Ltd
GLOBE
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹100 cr, stock is ranked 2,098
High RiskStock is 3.80x as volatile as Nifty
6.600.05 (-0.75%)
Price Chart
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Investment Checklist
BasicPro
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
Insufficient Data
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
Stock has been generating better return on equity than bank 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
Stock doesn't offer attractive dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹100 cr, stock is ranked 2,098
High RiskStock is 3.80x as volatile as Nifty
Key Metrics
PE RatioPE Ratio
19.55
PB RatioPB Ratio
2.35
Dividend YieldDiv. Yield
—
Sector PESector PE
150.94
Sector PBSector PB
5.73
Sector Div YldSctr Div Yld
0.61%
Forecast & RatingsDetailed Forecast
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Forecast data is currently unavailable for this stockPrice
Price Upside
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Company Profile
Globe Textiles Limited is engaged in manufacturing of garments, cotton printed fabrics, home textiles and fancy fabrics. The Company is also engaged in trading of yarns, denims and non-denims fabrics, shirting fabrics and jeans
PeersCompare with peers
SRF Ltd
PE Ratio
36.72
1Y Return
73.87%
Buy Reco %
85.71
Trident Ltd
PE Ratio
77.69
1Y Return
174.70%
Buy Reco %
100.00
Vedant Fashions Ltd
PE Ratio
74.85
1Y Return
—
Buy Reco %
100.00
KPR Mill Ltd
PE Ratio
23.47
1Y Return
93.78%
Buy Reco %
83.33
Alok Industries Ltd
PE Ratio
-52.96
1Y Return
1.44%
Buy Reco %
—
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Holdings TrendDetailed holdings
Decreased Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has decreased by 9.92%
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
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
Insufficient Data