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

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

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 ₹829 cr, stock is ranked 1,263

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