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 Granules India recommended buy rating on the stock with a target price of Rs 355 in its research report dated January 28, 2023.

Buy Granules India; target of Rs 355: ICICI Direct

Consolidated profit rose to 1.24 billion rupees ($15.22 million) for the three months ended Dec. 31, from 1.01 billion rupees a year earlier.

Paracetamol maker Granules India posts 23% rise in Q3 profit

Granules India reported 23.24% jump in net profit to Rs 124.32 crore on a 15% increase in revenue from operations to Rs 1,146.12 crore in Q3 FY23 over Q3 FY22.

Granules Q3 PAT rises 23% YoY to Rs 124 cr

Pharma Sector : As a part of the partnership, Granules and Greenko ZeroC will develop and promote state-of-the-art Integrated Green Pharmaceutical Zones (GPZ) with first collaboration in Kakinada, Andhra Pradesh

Granules India ties up with Greenko Group for ‘green’ pharma zones

Granules India shares rose 2.8 per cent to hit a high of Rs 329.35 on BSE. With this, the scrip is up 16 per cent in the last six months

Granules India shares jump 3% today. Here’s why

Granules India rose 2.61% to Rs 328.70 after the company entered into a strategic partnership with Greenko ZeroC to enable carbon free energy and green molecule solutions.

Granules India gains after collaboration with Greenko ZeroC

To develop and promote carbon free energy and green molecule solutions

Granules India forges strategic partnership with Greenko ZeroC

Granules India Ltd is quoting at Rs 316.6, down 0.69% on the day as on 11:09 IST on the NSE. The stock tumbled 5.76% in last one year as compared to a 3.24% rally in NIFTY and a 11.46% fall in the Nifty Metal index.

Granules India Ltd down for fifth straight session

Sharekhan by BNP Paribas has given buy recommendation for PNB, Hindustan Aeronautics, Granules India and Jyothi Labs. Read on to the target prices for each:

PNB, Granules India among 4 stocks to buy

NMDC shares are trading at 4 times FY24 EV/Ebitda. With no more capex-intensive programs, the company is likely to generate a strong cash flow, Motilal said, even as the brokerage is factoring a lower iron ore price regime

NMDC, Granules India, Jyothy Labs, Can Fin Homes & Radico Khaitan: What analysts said on these 5 stocks

Sharekhan is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 400 in its research report dated December 23, 2022.

Buy Granules India; target of Rs 400: Sharekhan

Granules India Limited is a pharmaceutical company that manufactures finished dosages (FDs), pharmaceutical formulation intermediates (PFIs) and active pharmaceutical ingredients (APIs).

Granules India Ltd

Granules 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

Buy Granules India; target of Rs 355: ICICI Direct

Paracetamol maker Granules India posts 23% rise in Q3 profit

Granules Q3 PAT rises 23% YoY to Rs 124 cr

Granules India ties up with Greenko Group for ‘green’ pharma zones

Granules India shares jump 3% today. Here’s why

Granules India gains after collaboration with Greenko ZeroC

Granules India forges strategic partnership with Greenko ZeroC

Granules India Ltd down for fifth straight session

Granules 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

Buy Granules India; target of Rs 355: ICICI Direct

Paracetamol maker Granules India posts 23% rise in Q3 profit

Granules Q3 PAT rises 23% YoY to Rs 124 cr

Granules India ties up with Greenko Group for ‘green’ pharma zones

Granules India shares jump 3% today. Here’s why

Granules India gains after collaboration with Greenko ZeroC

Granules India forges strategic partnership with Greenko ZeroC

Granules India Ltd down for fifth straight session

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