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

Red Flags Found

The company manufactures a wide range of engineered steel structures, precision/auto tubes, forging for defence and aerospace, CR (cold rolled) products and GI (galvanised iron pipes) pipes. These products are used by automobile manufacturers, infrastructure companies, industries like engineering, o…

Goodluck India to invest Rs 200 cr in 2-3 yrs to scale up capacity: CMD

The change in rating reflects a substantial improvement in the business and financial profile of Goodluck.

CRISIL upgrades Goodluck India’s long-term credit ratings to ‘A/Stable’; stock zooms ~2.5%

Goodluck India (GIL) advanced 2.41% to Rs 282.75 after CRISIL Ratings upgraded its rating on the bank loan facilities of the company.

Goodluck India gains after CRISIL upgrades ratings

“During the April-February period of 2021-22 fiscal year, the company has achieved an export of Rs 1,005.45 crore as against Rs 475 crore in the entire financial year 2020-21. Europe and North America were major export destinations for the company,” Goodluck India said in a statement.

Goodluck India exports Rs 1,000-cr goods during ongoing fiscal

Goodluck was able to achieve Rs1005.45 crore within the 11 months period ended February 2022.

Goodluck India’s stock up on reporting highest ever exports business YTD

Goodluck India consolidated net profit rises 82.28% in the December 2021 quarter

The volume increased by 9.81% qoq and 16.90% yoy.

Goodluck India reports 17% yoy growth in Q3 sales volume; Stock gains 1%

Goodluck India today (3 January 2021) announced its sales volume performance for the third quarter ended 31 December 2021.

Goodluck India records 17% YoY growth in Q3 sales volume

Goodluck India consolidated net profit rises 78.22% in the September 2021 quarter

Education service provider, MT Educare has defaulted on repayment of interest and principal amount to its lenders, the company said in a communication to exchanges on September 2

Stocks to watch: HDFC Life, MT Educare, J&K Bank, Goodluck India, RIL

The execution period of the order envisages the completion of the project to be completed by 2023, Goodluck said, adding, it will be executed under the expert supervision of IHI-Japanese experts in the area of design and supply of steel bridges.

Goodluck India receives LOI from L&T for supply of steel bridges for Bullet Train project

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.

Goodluck India Ltd

Goodluck 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

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

Goodluck India to invest Rs 200 cr in 2-3 yrs to scale up capacity: CMD

CRISIL upgrades Goodluck India’s long-term credit ratings to ‘A/Stable’; stock zooms ~2.5%

Goodluck India gains after CRISIL upgrades ratings

Goodluck India exports Rs 1,000-cr goods during ongoing fiscal

Goodluck India’s stock up on reporting highest ever exports business YTD

Goodluck India consolidated net profit rises 82.28% in the December 2021 quarter

Goodluck India reports 17% yoy growth in Q3 sales volume; Stock gains 1%

Goodluck 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

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

Goodluck India to invest Rs 200 cr in 2-3 yrs to scale up capacity: CMD

CRISIL upgrades Goodluck India’s long-term credit ratings to ‘A/Stable’; stock zooms ~2.5%

Goodluck India gains after CRISIL upgrades ratings

Goodluck India exports Rs 1,000-cr goods during ongoing fiscal

Goodluck India’s stock up on reporting highest ever exports business YTD

Goodluck India consolidated net profit rises 82.28% in the December 2021 quarter

Goodluck India reports 17% yoy growth in Q3 sales volume; Stock gains 1%

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