Current price is more 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

Metro Brands rose 3 percent to Rs 883.50, and formed bullish candle on the daily charts with strong volumes. The stock has given a healthy breakout of horizontal resistance trend line adjoining October 27 and December 8, 2022.

Trade Spotlight | What should you do with General Insurance Corporation, Hikal, Metro Brands on Monday?

The market value of three companies where Kalyani Investment Company holds material stakes -- BF Utilities, Bharat Forge and Hikal, were worth Rs 7,147 crore, as of Tuesday’s close

This Kalyani Group firm owns Rs 7,150 cr worth 3 Kalyani stocks; its m-cap stands at 90% discount!

Buy or sell stocks for today: Vaishali Parekh of Prabhudas Lilladher has recommended three day trading stocks —Sterlite Tech, Hikal and HDFC AMC

HDFC AMC to Sterlite Tech: Vaishali Parekh recommends 3 stocks to buy today

Allcargo Logistics Ltd, Bajaj Holdings & Investment Ltd, Aegis Logistics Ltd and Hikal Ltd are among the other losers in the BSE’s ‘A’ group today, 29 November 2022.

Laurus Labs Ltd leads losers in ‘A’ group

Hikal Consolidated September 2022 Net Sales at Rs 558.75 crore, up 19.12% Y-o-Y

BEML, JSW Energy, Mazagon Dock Shipbuilders, MAS Financial Services, Hikal, Elgi Equipments, RBL Bank, Adani Power, and IDFC First Bank were the star performers in the last month as Sensex rose 3.42%

These 40 stocks beat broader markets, clock 20-45% gains in August

The reopening of the Taloja plant should help the company consolidate business

Hikal: Is the worst over?

ICICI Direct recommended hold rating on Hikal with a target price of Rs 290 in its research report dated August 16, 2022.

Hold Hikal; target of Rs 290: ICICI Direct

Stocks in news: Indian Oil, Sterlite Technologies, Wonderla Holidays, Biocon, Hikal, Infosys and more

Stocks in news: Infosys, Indian Oil, Biocon, Hikal and more

Smallcap World Fund Inc on Wednesday offloaded 25 lakh shares of life science firm Hikal Ltd for over Rs 62 crore through an open market transaction.

Smallcap World Fund offloads 2.5 mn Hikal Ltd shares worth Rs 62 crore

The Maharashtra Pollution Control Board on April 22 had ordered the closure of the company’s Raigad manufacturing unit. The company had challenged the order in the high court

Hikal shares spike on Bombay High Court nod to restart plant

Hikal Limited is engaged in the manufacturing of various chemical intermediates, specialty chemicals, active pharmaceutical ingredients and contract research activities. The Company offers pharmaceuticals and agrochemicals.

Hikal Ltd

Hikal 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

Trade Spotlight | What should you do with General Insurance Corporation, Hikal, Metro Brands on Monday?

This Kalyani Group firm owns Rs 7,150 cr worth 3 Kalyani stocks; its m-cap stands at 90% discount!

HDFC AMC to Sterlite Tech: Vaishali Parekh recommends 3 stocks to buy today

Laurus Labs Ltd leads losers in ‘A’ group

Hikal Consolidated September 2022 Net Sales at Rs 558.75 crore, up 19.12% Y-o-Y

These 40 stocks beat broader markets, clock 20-45% gains in August

Hikal: Is the worst over?

Hikal 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

Trade Spotlight | What should you do with General Insurance Corporation, Hikal, Metro Brands on Monday?

This Kalyani Group firm owns Rs 7,150 cr worth 3 Kalyani stocks; its m-cap stands at 90% discount!

HDFC AMC to Sterlite Tech: Vaishali Parekh recommends 3 stocks to buy today

Laurus Labs Ltd leads losers in ‘A’ group

Hikal Consolidated September 2022 Net Sales at Rs 558.75 crore, up 19.12% Y-o-Y

These 40 stocks beat broader markets, clock 20-45% gains in August

Hikal: Is the worst over?

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