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

The credit rating agency has downgraded the long-term rating of the company to ICRA A+ and short-term rating to ICRA A1.

Himadri Speciality Chemical stock gains ~2% despite downgrade in credit ratings by ICRA

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Himadri Speciality Chemical, Poonawalla Fincorp, Srikalahasthi Pipes, Balaji Amines, Coal India

Himadri Speciality Chemical said that the credit rating agency ICRA has downgraded its rating on the term loan and fund-based working capital facilities of the company to ‘[ICRA] A+ (Stable)’ from ‘[ICRA] AA-’.

ICRA downgrades rating of Himadri Speciality Chemical

In another transaction, Trinity Opportunity Fund bought 4.6 million shares of Vista Steel at Rs15.9 apiece through a bulk deal on the NSE.

Bulk deals: From Sonata Software to Himadri Speciality Chemical

VRL Logistics Ltd, Himadri Speciality Chemical Ltd, JK Lakshmi Cement Ltd and Quess Corp Ltd are among the other losers in the BSE’s ‘A’ group today, 23 September 2021.

Zee Entertainment Enterprises Ltd leads losers in ‘A’ group

Prestige Estates Projects Ltd, Himadri Speciality Chemical Ltd, Kolte Patil Developers Ltd and Varun Beverages Ltd are among the other gainers in the BSE’s ‘A’ group today, 21 September 2021.

JSW Holdings Ltd leads gainers in ‘A’ group

For the commercial paper programme of the company, CARE A1+ rating has been reaffirmed.

CARE revises credit ratings on bank facilities of Himadri Speciality Chemical; Stock spurts 6%

Himadri Speciality Chemicals receives reaffirmation in credit ratings

Cascade Capital, which comes under public shareholding, held 17.64 percent or 1,65,13,184 equity shares in Tejas Networks as of June 2021.

Bulk Deals | BC India Offloads More Shares In Himadri Speciality, Tata Sons Arm Picks Major Stake In Tejas Networks

BC India Investments continues to offload shares in Himadri Speciality Chemical, selling another 25 lakh shares at Rs 52.5 per share on the BSE.

Bulk Deals | CDC Group Pares 2.3% Stake In Equitas Holdings; Fumistic Gaming Buys 0.8% Shares In Apollo Tricoat

Himadri Speciality Chemical consolidated net profit declines 67.74% in the March 2021 quarter

Himadri Speciality Cheimical Limited, formerly Himadri Chemicals & Industries Limited, is engaged in the business of manufacturing various grades of coal tar pitch and other byproducts derived during the distillation process.

Himadri Speciality Chemical Ltd

Himadri Speciality Chemical 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

Himadri Speciality Chemical stock gains ~2% despite downgrade in credit ratings by ICRA

Top stocks in focus: Himadri Speciality Chemical, Poonawalla Fincorp, Srikalahasthi Pipes, Balaji Amines, Coal India

ICRA downgrades rating of Himadri Speciality Chemical

Bulk deals: From Sonata Software to Himadri Speciality Chemical

Zee Entertainment Enterprises Ltd leads losers in ‘A’ group

JSW Holdings Ltd leads gainers in ‘A’ group

CARE revises credit ratings on bank facilities of Himadri Speciality Chemical; Stock spurts 6%

Himadri Speciality Chemical 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

Himadri Speciality Chemical stock gains ~2% despite downgrade in credit ratings by ICRA

Top stocks in focus: Himadri Speciality Chemical, Poonawalla Fincorp, Srikalahasthi Pipes, Balaji Amines, Coal India

ICRA downgrades rating of Himadri Speciality Chemical

Bulk deals: From Sonata Software to Himadri Speciality Chemical

Zee Entertainment Enterprises Ltd leads losers in ‘A’ group

JSW Holdings Ltd leads gainers in ‘A’ group

CARE revises credit ratings on bank facilities of Himadri Speciality Chemical; Stock spurts 6%

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