Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

All the business activities will take place under the name of SVP Global Textiles Ltd.

SVP Global Ventures renames as ‘SVP Global Textiles’; Stock up 1%

The scheme aims to realise the vision of Prime Minister Narendra Modi of building an Aatmanirbhar Bharat and to position India strongly on the Global textiles map

Centre issues notification for setting up of 7 mega integrated textile parks

To realise the vision of Prime Minister Narendra Modi of building an Aatmanirbhar Bharat and to position India strongly on the Global textiles map, the Union Cabinet has approved the setting up of seven PM MITRA parks as announced in Union Budget for 2021-22.

Cabinet approves Rs 4,445 cr to create seven PM MITRA textile parks

The Centre is working on major interventions to position India as a global hub in the manmade fibre and technical textiles segments, including setting up five integrated mega textiles parks, a state-o

Centre working on major interventions to position India as global textiles hub: Secy

Hailing the government’s move, CITI chairman T. Rajkumar in a press statement said “PLI scheme is extended for 10 key specific sectors, of which textile is one of the sectors and has been allocated Rs 10,683 crore of the total estimated outlay of Rs. 1.46 lakh crore, mainly for MMF and technical tex…

Nirmala Sitharaman’s PLI scheme will boost India’s share in global textiles market: CITI

The government is set to launch the Focused Product Investment Scheme to attract funding in the manmade fibre segment, in an effort to boost India’s share in the global textiles market, a top official said on Thursday.

Govt to launch Focused Product Investment Scheme for funding in manmade fibre segment: Textile Secretary

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

Globe Textiles (India) Ltd

Globe Textiles (India) 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

Returns 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 return on equity 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

SVP Global Ventures renames as ‘SVP Global Textiles’; Stock up 1%

Centre issues notification for setting up of 7 mega integrated textile parks

Cabinet approves Rs 4,445 cr to create seven PM MITRA textile parks

Centre working on major interventions to position India as global textiles hub: Secy

Nirmala Sitharaman’s PLI scheme will boost India’s share in global textiles market: CITI

Govt to launch Focused Product Investment Scheme for funding in manmade fibre segment: Textile Secretary

Globe Textiles (India) 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

SVP Global Ventures renames as ‘SVP Global Textiles’; Stock up 1%

Centre issues notification for setting up of 7 mega integrated textile parks

Cabinet approves Rs 4,445 cr to create seven PM MITRA textile parks

Centre working on major interventions to position India as global textiles hub: Secy

Nirmala Sitharaman’s PLI scheme will boost India’s share in global textiles market: CITI

Govt to launch Focused Product Investment Scheme for funding in manmade fibre segment: Textile Secretary

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

Returns 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 return on equity 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