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

India’s WPI Inflation Recorded A Higher-Than Expected Increase In April, Led By Higher Fuel Prices: ICRA

However, for the full year (FY23), the agency has forecast 7.2% growth, thanks to the ripple effect of the Ukraine war, elevated inflationary pressure and the rising interest rate scenario. According to the second advance estimate of the National Statistical Office, the economy is expected to have g…

Rating agency Icra expects India’s Q1 GDP growth to hit 12-13% | The Financial Express

Citing the second highest business activity index reading in 13 months in April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal

Indian Economy Expected to Grow 12-13% in June Quarter: Icra; Know Details

Citing the second highest business activity index reading in 13 months in April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal.

Icra forecasts 12-13% growth in Q1FY23, sticks to 7.2% GDP for full fiscal

According to her, higher input costs may dampen GVA growth to single-digits. “Therefore, we maintain our GDP growth forecast at 7.2 per cent for FY23”.

Economy likely to grow 12-13 pc in Q1: Icra | The Financial Express

The biggest upside risks to inflation and growth come from the runaway fuel prices and the impact of the war in Ukraine.

Indian economy to grow 12%-13% in Q1: ICRA

Cube InvIT is proposing to acquire 19 (consisting of 18 toll road assets and one annuity road asset) assets from the sponsor group under first tranche.

ICRA assigns AAA Stable rating to the largest road InvIT in India

Consequently, the CAD is estimated to rise to $20-23 billion in the June quarter, compared with $15.5-17.5 billion in the previous three months, according to Icra. Of course, senior government officials have assuaged concerns about financing the CAD.

Exports jump 31% in April, trade deficit still crosses $20 bn | The Financial Express

India IIP - Industrial Output Growth Displayed Lower-Than Expected Pickup In March: ICRA

ICRA standalone net profit rises 15.51% in the March 2022 quarter

CAD Projected At 2.7% Of GDP In FY23; Rupee To Trade In Range Of 75.0-79.0/$: ICRA

ICRA Limited (ICRA) is an independent and professional investment Information and credit rating agency.

ICRA Ltd

ICRA 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

India’s WPI Inflation Recorded A Higher-Than Expected Increase In April, Led By Higher Fuel Prices: ICRA

Rating agency Icra expects India’s Q1 GDP growth to hit 12-13% | The Financial Express

Indian Economy Expected to Grow 12-13% in June Quarter: Icra; Know Details

Icra forecasts 12-13% growth in Q1FY23, sticks to 7.2% GDP for full fiscal

Economy likely to grow 12-13 pc in Q1: Icra | The Financial Express

Indian economy to grow 12%-13% in Q1: ICRA

ICRA assigns AAA Stable rating to the largest road InvIT in India

Exports jump 31% in April, trade deficit still crosses $20 bn | The Financial Express

India IIP - Industrial Output Growth Displayed Lower-Than Expected Pickup In March: ICRA

ICRA standalone net profit rises 15.51% in the March 2022 quarter

ICRA 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

India’s WPI Inflation Recorded A Higher-Than Expected Increase In April, Led By Higher Fuel Prices: ICRA

Rating agency Icra expects India’s Q1 GDP growth to hit 12-13% | The Financial Express

Indian Economy Expected to Grow 12-13% in June Quarter: Icra; Know Details

Icra forecasts 12-13% growth in Q1FY23, sticks to 7.2% GDP for full fiscal

Economy likely to grow 12-13 pc in Q1: Icra | The Financial Express

Indian economy to grow 12%-13% in Q1: ICRA

ICRA assigns AAA Stable rating to the largest road InvIT in India

Exports jump 31% in April, trade deficit still crosses $20 bn | The Financial Express

India IIP - Industrial Output Growth Displayed Lower-Than Expected Pickup In March: ICRA

ICRA standalone net profit rises 15.51% in the March 2022 quarter

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