Current price is more than the intrinsic value

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

Consequent to the completion of Open Offer and acquisition of 74.9% stake from the Sellers pursuant to the SPA, HG Industries has become a subsidiary of Greenlam Industries Limited.

Greenlam Industries acquires HG Industries to make its subsidiary

Greenlam Ind has made Open Offer for buying 25.09 per cent more stake in HG Industries Ltd at a price of ₹41.00 per equity share

Public shareholders of HG Industries decline to tender shares in the open offer by Greenlam industries

Meghmani Organics Ltd, Trejhara Solutions Ltd, Greenlam Industries Ltd and Sarthak Metals Ltd are among the other gainers in the BSE’s ‘B’ group today, 26 November 2021.

Palred Technologies Ltd leads gainers in ‘B’ group

The company’s board will meet on December 13, 2021 to consider stock split from Rs 5 to Re 1 paid up

Greenlam Industries zooms 18%, hits new high on stock split plan

Greenlam Industries surged 14.92% to Rs 1651.35 after the company said its board will consider a 5-for-1 stock split on 13 December 2021.

Greenlam Ind spurts as board to mull stock split

Broking house Sharekhan is betting on Greenpanel Industries, HealthCare Global Enterprises, KEC International, Affle India, Thermax and Greenlam Industries with an upside of 14-31 percent.

Sharekhan Bets On These Smallcaps With An Upside Of Up To 31%

Impact of price hike, change in product mix to play out soon

Greenlam expects margins to go up from second-half

Greenlam Ind Consolidated September 2021 Net Sales At Rs 454.17 Crore, Up 56.98% Y-o-Y

The value growth was backed by volume growth of 46.7% in laminates and 71.5% in decorative veneer segment.

Greenlam Industries logs Q2 revenue of Rs454cr led by strong demand in laminate business

Greenlam Industries consolidated net profit rises 12.14% in the September 2021 quarter

The company’s promoter and promoter group intend to sell their entire shareholding of 34,70,966 Equity Shares of Rs5/- each representing 74.91% of the paid-up share capital of the company.

HG Industries promoters to sell 25.09% stake through open offer to Greenlam Industries

Greenlam Industries Limited is a laminates manufacturing company. The Company is engaged in the business of manufacturing laminates, decorative veneers and allied products, through its factories at various locations, branches and dealers network.

Greenlam Industries Ltd

Greenlam Industries 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

Greenlam Industries acquires HG Industries to make its subsidiary

Public shareholders of HG Industries decline to tender shares in the open offer by Greenlam industries

Palred Technologies Ltd leads gainers in ‘B’ group

Greenlam Industries zooms 18%, hits new high on stock split plan

Greenlam Ind spurts as board to mull stock split

Sharekhan Bets On These Smallcaps With An Upside Of Up To 31%

Greenlam expects margins to go up from second-half

Greenlam Ind Consolidated September 2021 Net Sales At Rs 454.17 Crore, Up 56.98% Y-o-Y

Greenlam Industries logs Q2 revenue of Rs454cr led by strong demand in laminate business

Greenlam Industries 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

Greenlam Industries acquires HG Industries to make its subsidiary

Public shareholders of HG Industries decline to tender shares in the open offer by Greenlam industries

Palred Technologies Ltd leads gainers in ‘B’ group

Greenlam Industries zooms 18%, hits new high on stock split plan

Greenlam Ind spurts as board to mull stock split

Sharekhan Bets On These Smallcaps With An Upside Of Up To 31%

Greenlam expects margins to go up from second-half

Greenlam Ind Consolidated September 2021 Net Sales At Rs 454.17 Crore, Up 56.98% Y-o-Y

Greenlam Industries logs Q2 revenue of Rs454cr led by strong demand in laminate business

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