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 Q2 GDP Data To Be Out Tomorrow: Here Is What Various Estimates Say; India’s Q2FY23 Growth: Estimates by ICRA, SBI, Crisil and RBI, among others, range from 5.8 per cent to 7 per cent

India’s Q2 GDP Data To Be Out Tomorrow: Here Is What Various Estimates Say

Higher production is to cumulatively jack up overall capacity utilisation rate in PV industry to 74% by FY23-end from 59% in FY22

Passenger vehicle makers to spend Rs 65,000 cr on capacity expansion: Icra

‘Wholesale volumes are projected to touch an all-time high of 3.7-3.8 million units in FY2023, a growth of 21-24% from FY2022, backed by buoyed demand’

Automakers to incur ₹65,000 cr. capex to meet demand: Icra

Term loan (long term) - ICRA A; Stable Fund based (long term / short term) - ICRA A; Stable/ ICRA A2+ Non fund based (long term/ short term) - ICRA A; Stable/ ICRA A2+ Commercial paper - ICRA A2+ Non convertible debentures - ICRA A; Stable

Varroc Engineering receives revision in credit ratings

Passenger vehicle makers are expected to invest around Rs 65,000 crore by FY25 to ramp up production capacities to cater to enhanced demand, rating agency Icra said on Monday

Passenger vehicle makers to invest Rs 65,000 crore by FY25: Report

Multiple OEMs have already announced an aggregate outlay in excess of Rs 250 billion towards capacity expansion

Carmakers To Invest Rs 65,000 Crore By FY25 To Ramp Up Capacity: ICRA

Passenger vehicle makers are expected to invest around Rs 65,000 crore by FY25 to ramp up production capacities to cater to enhanced demand, rating agency Icra said on Monday. It stated that the demand for passenger vehicles has remained healthy since the turn of the calendar year, aided by strong u…

Passenger vehicle makers to invest Rs 65,000 crore by FY25 to ramp up capacity: Report

With the ease in supply chain constraints and semi-conductor shortage, capacity utilisation of the OEMs has improved to healthy levels, said ICRA

Original equipment manufacturers plan ₹65,000 cr investments to ramp up capacity

With ease in supply chain constraints and semi-conductor shortage, capacity utilisation of the OEMs improved to healthy levels over the past few quarters - factoring in a continuation of strong demand sentiments

PV sales in India set to hit record 3.8 million units in FY23: Icra

CRISIL reduced the growth forecast for the second quarter of the financial year 2022-23 by 0.30% to 7%, while ICRA expected it to be 6.5%. The government estimates that inflation will reach the tolerance band of 2-6 per cent in FY23-Q4. India, now eyes achieving the $5 trillion economy mark by FY27. According to experts, the pace of India's growth has slowed down due to the Corona-War. Watch this special report on India 360.

क्रिसिल ने वित्त वर्ष 2022-23 की दूसरी तिमाही के लिए ग्रोथ के अनुमान को 0.30% घटाकर 7 % कर दिया, जबकि इक्रा ने इसके 6.5% रहने की उम्मीद जताई. सरकार का अनुमान है कि FY23- Q4 में महंगाई 2-6 फीसदी के टोलरेंल बैंड में पहुंच जाएगी. भारत अब FY27 तक $ 5 ट्रिलियन अर्थव्यवस्था का लक्ष्य हासिल करने का लक्ष्य रखता है. एक्सपर्ट्स के मुताबिक कोरोना-युद्ध से धीमी हुई है भारत की ग्रोथ की रफ्तार. India 360 पर देखिए ये खास रिपोर्ट.   

#india360 #indianeconomy #indiagdp #crisil #icra #zeebusiness 

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India 360: मंदी की आहट! CRISIL, ICRA ने भारत की GDP ग्रोथ रेट का अनुमान घटाया | Indian Economy

ICRA expects the industrys contraction to moderate to 10% YoY in Q3 FY2023, against the earlier expectations of 15% YoY contraction in the quarter, on the back of steady demand witnessed in the festive season and the favourable indications for the upcoming wedding season. While the YoY contraction i…

Jewellery industry estimated to register 60% growth in Q2 FY 2023

ICRA Limited is an India-based credit rating agency. The Company's services include rating, grading and research. The Company's segments include Rating, research and other services; Consulting services, and Outsourced and Information services. Its Rating, research and other services segment includes rating, grading and industry research services. Its rating services include credit rating, bank loan rating, structured finance rating, issuer rating and mutual fund rating. Its Consulting services segment offers management consulting, which includes risk management, financial advisory, outsourcing and policy advisory. Its Outsourced and Information services segment includes financial information product and services and knowledge process outsourcing (KPO) services. The Company's wholly owned subsidiaries include ICRA Lanka Limited, ICRA Nepal Limited, ICRA Analytics Limited, Pragati Development Consulting Services Limited.

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 Q2 GDP Data To Be Out Tomorrow: Here Is What Various Estimates Say

Passenger vehicle makers to spend Rs 65,000 cr on capacity expansion: Icra

Automakers to incur ₹65,000 cr. capex to meet demand: Icra

Varroc Engineering receives revision in credit ratings

Passenger vehicle makers to invest Rs 65,000 crore by FY25: Report

Carmakers To Invest Rs 65,000 Crore By FY25 To Ramp Up Capacity: ICRA

Passenger vehicle makers to invest Rs 65,000 crore by FY25 to ramp up capacity: Report

Original equipment manufacturers plan ₹65,000 cr investments to ramp up capacity

PV sales in India set to hit record 3.8 million units in FY23: Icra

News Video

India 360: मंदी की आहट! CRISIL, ICRA ने भारत की GDP ग्रोथ रेट का अनुमान घटाया | Indian Economy

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 Q2 GDP Data To Be Out Tomorrow: Here Is What Various Estimates Say

Passenger vehicle makers to spend Rs 65,000 cr on capacity expansion: Icra

Automakers to incur ₹65,000 cr. capex to meet demand: Icra

Varroc Engineering receives revision in credit ratings

Passenger vehicle makers to invest Rs 65,000 crore by FY25: Report

Carmakers To Invest Rs 65,000 Crore By FY25 To Ramp Up Capacity: ICRA

Passenger vehicle makers to invest Rs 65,000 crore by FY25 to ramp up capacity: Report

Original equipment manufacturers plan ₹65,000 cr investments to ramp up capacity

PV sales in India set to hit record 3.8 million units in FY23: Icra

News Video

India 360: मंदी की आहट! CRISIL, ICRA ने भारत की GDP ग्रोथ रेट का अनुमान घटाया | Indian Economy

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