HP Adhesives stock hit a record high of Rs 538.20, rising 7 per cent intraday on BSE.

HP Adhesives shares zoom 7% as board to consider stock split

HP Adhesives’ stock has been steadily appreciating since March, breaking out of the key ₹500 resistance on Monday. Wednesday saw a decline, but ₹500 remains a support. Intraday traders should buy at ₹503, with stop-loss at ₹492. When stock moves past ₹518, tighten stop-loss to ₹510. Profit at ₹525. …

Stock to buy today: HP Adhesives (₹503)

HP Adhesives standalone net profit rises 44.19% in the December 2022 quarter

However, smaller issues including Sigachi Industries, HP Adhesives, Hariom Pipe Industries, Venus Pipes & Tubes and Veranda Learning, whose issue size ranged between Rs 125-200 crore, delivered 50-150% returns to investors.

These 5 IPOs offered multibagger returns to investors in Samvat 2078

Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.

Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives

HP Adhesives standalone net profit declines 82.75% in the March 2022 quarter

ABB, Amara Raja, Bharat Forge, Cummins, Hero MotoCorp, Hindalco, Hindustan Motors, HP Adhesives, IRB Infra, M&M, Novartis, Sun Tv, Tata Chemicals and Zomato of announce results on Thursday.

Stocks to Watch: Tata Power, Airtel, Nykaa, ACC, NDTV, Aurobindo, Petronet

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Hp Adhesives is a chemical and allied products wholesaler.

Hp Adhesives Ltd

With a market cap of ₹805 cr, stock is ranked 1,586

Hp Adhesives Ltd

Hp Adhesives Ltd

Scorecard

News & Opinions

HP Adhesives shares zoom 7% as board to consider stock split

Stock to buy today: HP Adhesives (₹503)

HP Adhesives standalone net profit rises 44.19% in the December 2022 quarter

These 5 IPOs offered multibagger returns to investors in Samvat 2078

Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives

HP Adhesives standalone net profit declines 82.75% in the March 2022 quarter

Stocks to Watch: Tata Power, Airtel, Nykaa, ACC, NDTV, Aurobindo, Petronet