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

Sharekhan is bullish on Honeywell Automation India has recommended buy rating on the stock with a target price of Rs 49,750 in its research report dated November 09, 2022.

Buy Honeywell Automation India; target of Rs 49,750: Sharekhan

Honeywell Automation India reported 38.4% rise in net profit to Rs 117.94 crore in Q2 FY23 as against Rs 85.20 crore posted in Q2 FY22.

Honeywell Automation Q2 PAT rises 38% YoY

Earning estimates for Godrej Consumer Products, Bajaj Electricals, Jubilant FoodWorks, Welspun, Honeywell Automation and others.

Godrej Consumer Products, Bajaj Electricals, Jubilant FoodWorks Q2 Results Today — Earnings Estimates

“One way to clearly play manufacturing will be automation companies like ABB, Siemens, Honeywell Automation which will drive more efficiencies and bring in more automation into the existing processes of these companies – what we call Industry 4.0. That is a clear beneficiary because most of the man…

Expect pharma and IT to start performing Q3 onwards: Daljeet Singh Kohli

Honeywell Shows Remarkable Strength As Industrial Economy Flexes Muscle

Jet fuel produced from Honeywell’s ETJ fuel process can reduce greenhouse gas emissions by 80% on a total lifecycle basis, compared to petroleum-based jet fuel

Honeywell launches ethanol-to-jet fuel technology to meet rising demand for sustainable aviation fuel

The technology used high-performance catalysts and heat management capabilities to maximize production efficiency, resulting in a cost-effective, lower carbon intensity aviation fuel

Honeywell announces new ethanol-to-jet fuel technology

Honeywell’s technology can increase production efficiency of sustainable aviation fuel (SAF) to lower costs.

Honeywell to make lower-carbon aviation fuel from ethanol

The move will leave some 400 of the well-armed, heavy-duty Chinooks out of service owing to what engine-maker Honeywell described as “suspect O-rings” used in some of the aircraft that did not meet its specifications.

US Army grounds workhorse Chinook helicopter

“Stocks like Siemens, Honeywell Automation, ABB, Hitachi have been on our buying radar since January. We are looking for good returns. In the last four-five years they have not given returns and there will be a lot of capex on the upgradation of machinery. Many of these companies have adopted automa…

Time for NDTV shareholders to sell in market or give it in open offer: Daljeet Singh Kohli

‘Cyberthreats targeting removable media rise to 52% from 32%’

Hackers eyeing USB drives to help circumvent network defences: Honeywell

Honeywell Automation India Limited is engaged in the manufacture of electronic systems and components; repair and maintenance, and trading of machinery, equipments and supplies. The Company operates through the Automation & Control Systems segment.

Honeywell Automation India Ltd

Honeywell Automation 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 Honeywell Automation India; target of Rs 49,750: Sharekhan

Honeywell Automation Q2 PAT rises 38% YoY

Godrej Consumer Products, Bajaj Electricals, Jubilant FoodWorks Q2 Results Today — Earnings Estimates

Expect pharma and IT to start performing Q3 onwards: Daljeet Singh Kohli

Honeywell Shows Remarkable Strength As Industrial Economy Flexes Muscle

Honeywell launches ethanol-to-jet fuel technology to meet rising demand for sustainable aviation fuel

Honeywell announces new ethanol-to-jet fuel technology

Honeywell Automation 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 Honeywell Automation India; target of Rs 49,750: Sharekhan

Honeywell Automation Q2 PAT rises 38% YoY

Godrej Consumer Products, Bajaj Electricals, Jubilant FoodWorks Q2 Results Today — Earnings Estimates

Expect pharma and IT to start performing Q3 onwards: Daljeet Singh Kohli

Honeywell Shows Remarkable Strength As Industrial Economy Flexes Muscle

Honeywell launches ethanol-to-jet fuel technology to meet rising demand for sustainable aviation fuel

Honeywell announces new ethanol-to-jet fuel technology

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