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

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

ICICI Direct is bullish on Globus Spirits recommended buy rating on the stock with a target price of Rs 1000 in its research report dated November 17, 2022.

Buy Globus Spirits; target of Rs 1000: ICICI Direct

Its Q2 earnings before interest, taxes, depreciation, and amortization (ebitda) was down 47.4 per cent YoY and 33.2 percent QoQ at Rs 47 crore

Globus Spirits slumps 13% on weak Q2 results; stock tanks 59% in 10 months

Its profits before interest, taxes, depreciation, and amortisation (ebitda) fell 47.4% year on year and 33.2 percent quarter on quarter to Rs 47 crore.

Globus Spirits’ stock price down by more than 8% today

Shares of Globus Spirits Ltd rose over 4 per cent amid a weak market today after the company said it would provide various services to distillery assets of Tilaknagar Industries. Globus Spirits stock gained 4.31 per cent to Rs 955.75 against the previous close of Rs 916.30 on BSE.

Globus Spirits stock rises 4% on agreement with Tilaknagar Industries

Buzzing stocks: Auto stocks, Reliance Industries, UPL, Lupin, Phoenix Mills and Globus Spirits

Stocks that will see action today (July 1)

Stocks in Focus on Jul 1: Hero Moto, Globus Spirits, Zydus Lifesciences & More

The new rates are applicable from June 1, 2022, to November 2022

Globus Spirits climbs ~4% on receiving additional price relief by OMCs

Those who declined included Rupa and Company, Godawari Power & Ispat, Globus Spirits, Jindal Stainless, and Future Retail

Ninety smallcaps lost 10-30% despite market clocking gains for second week

In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.

Globus Spirits slips 15% on weak March quarter results

Globus Spirits standalone net profit declines 8.50% in the March 2022 quarter

ICICI Direct is bullish on Globus Spirits has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated February 14, 2021.

Buy Globus Spirits; target of Rs 1750: ICICI Direct

Globus Spirits Limited is a alcoholic beverages company engaged in manufacturing, marketing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol and contract bottling for established IMFL brands.

Globus Spirits Ltd

Globus Spirits 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

Buy Globus Spirits; target of Rs 1000: ICICI Direct

Globus Spirits slumps 13% on weak Q2 results; stock tanks 59% in 10 months

Globus Spirits’ stock price down by more than 8% today

Globus Spirits stock rises 4% on agreement with Tilaknagar Industries

Stocks that will see action today (July 1)

Stocks in Focus on Jul 1: Hero Moto, Globus Spirits, Zydus Lifesciences & More

Globus Spirits climbs ~4% on receiving additional price relief by OMCs

Globus Spirits 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

Buy Globus Spirits; target of Rs 1000: ICICI Direct

Globus Spirits slumps 13% on weak Q2 results; stock tanks 59% in 10 months

Globus Spirits’ stock price down by more than 8% today

Globus Spirits stock rises 4% on agreement with Tilaknagar Industries

Stocks that will see action today (July 1)

Stocks in Focus on Jul 1: Hero Moto, Globus Spirits, Zydus Lifesciences & More

Globus Spirits climbs ~4% on receiving additional price relief by OMCs

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