View moreGoodluck India Ltd
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
Red Flags FoundASM 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 in ASM list
Goodluck India Ltd
GOODLUCK
Price Chart
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
Current price is more than the intrinsic value
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
Red Flags FoundASM 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 in ASM list
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Company Profile
Goodluck India Limited is an engineering product manufacturing company engaged in manufacturing and exporting a range of automobile cold-drawn welded tubes, forged engineering products, transmission and distribution towers and boiler structure etc.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
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 almost stayed constant
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
Recent NewsAll news
Board of Goodluck India approves issuance of up to 12.90 lakh warrants
2 weeks ago•Business Standard
Goodluck India Q4 net profit up sharply at Rs 24 cr
1 month ago•The Hindu Businessline
Goodluck India Q4 profit jumps three- fold to Rs 24 cr
1 month ago•Free Press Journal
Recent EventsAll events
Newspaper Advertisements
Goodluck India Limited has informed the Exchange about Newspaper Advertisements published on 08th June, 2022, regarding the of Notice for E-voting through Postal Ballot. | Download
Goodluck India Limited has informed the Exchange about Newspaper Advertisements published on 08th June, 2022, regarding the of Notice for E-voting through Postal Ballot. | Download
Postal Ballot
Goodluck India Limited has informed the Exchange about Notice of Postal Ballot to issue upto 12,90,000 (Twelve lakh Ninety Thousand) warrants (hereinafter referred to as "Convertible Warrant"), on preferential basis at an exercise price of Rs. 305/- per underlying equity share of the face value of Rs. 2/- each (including a premium of Rs. 303/- per equity Share) or such higher issue price as may be determined as per the SEBI (ICDR) Regulations, 2018, to the promoter category on preferential issue basis. | Download
Goodluck India Limited has informed the Exchange about Notice of Postal Ballot to issue upto 12,90,000 (Twelve lakh Ninety Thousand) warrants (hereinafter referred to as "Convertible Warrant"), on preferential basis at an exercise price of Rs. 305/- per underlying equity share of the face value of Rs. 2/- each (including a premium of Rs. 303/- per equity Share) or such higher issue price as may be determined as per the SEBI (ICDR) Regulations, 2018, to the promoter category on preferential issue basis. | Download
Cash Dividend
Interim 1 • Div/Share: ₹ 1.5
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
Current price is more than the intrinsic value