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

Moody’s unit ICRA has said that it is monitoring any impact on its rated portfolio in Adani Group after the Indian conglomerate’s stocks plunge

Moody’s unit monitoring impact on its rated portfolio in Adani Group

ICRA-rated Adani Group entities do not have any immediate refinancing requirements, but requirements are expected for some entities from fiscal year 2025 onwards.

Moody’s unit says it is monitoring impact on rated portfolio in Adani Group: Report

The incentives for the cooperatives are likely to increase competition for the private players in the dairy sector. “Private dairy players may start facing increased competition from such cooperatives in these regions. Moreover, low tax rates for new cooperatives which plan to put up manufacturing f…

Budget 2023 to give impetus to dairy processing, says ICRA

Long term rating for bank lines - ICRA A-/ Stable (rating reaffirmed)Short term rating for bank lines - ICRA A2+ (rating reaffirmed)Fixed deposits - ICRA A-/ Stable (rating reaffirmed)Commercial paper - ICRA A2+ (rating reaffirmed, withdrawn)

Wheels India receives affirmation in credit ratings from ICRA

The weighted average cut-off or the interest rate payable annually by the states, rose by a further 4 basis points to 7.68 per cent over the past auction, Icra Ratings chief economist and head of research & outreach Aditi Nayar said in the note.

Ahead of Budget 2023, debt cost of states rises to 7.68%: Report

ICRA withdraws ratings assigned to bank facilities of United Spirits

India currently has around 35 per cent of its towers fiberised for 5G and the backhaul infrastructure will cost a whopping Rs 3 lakh crore over the next 4-5 years, rating agency Icra said on Monday

5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra

Telcos have to collectively splurge around a whopping Rs 3 lakh-crore in capex spends to adequately fiberise telecom towers, and in turn, ensure a meaningful rollout of 5G services across India, ratings agency, ICRA said. It, however, said the telecom industry has continued to report healthy improve…

Telcos to splurge around Rs 3 lk cr in capex spends for 5G in India

‘Transition to loan provisioning based on expected credit loss may require external capital raise’

ECL norms likely by April 2025; banks face one-time capital hit: ICRA

It further said the banks with lower capital cushions would need to raise capital to manage transition to the ECL framework

Improvement in financial metrics will help banks transition smoothly to new ECL framework: ICRA

After remaining stable for many weeks, the cost of borrowing for states inched up by 5 basis points to 7.64 per cent at Tuesday’s auction when 15 of them raised Rs 25,700 crore from the market.

States’ interest cost inches up as borrowing grows 8%: Icra Ratings

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

Moody’s unit monitoring impact on its rated portfolio in Adani Group

Moody’s unit says it is monitoring impact on rated portfolio in Adani Group: Report

Budget 2023 to give impetus to dairy processing, says ICRA

Wheels India receives affirmation in credit ratings from ICRA

Ahead of Budget 2023, debt cost of states rises to 7.68%: Report

ICRA withdraws ratings assigned to bank facilities of United Spirits

5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra

Telcos to splurge around Rs 3 lk cr in capex spends for 5G in India

ECL norms likely by April 2025; banks face one-time capital hit: ICRA

Improvement in financial metrics will help banks transition smoothly to new ECL framework: ICRA

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

Moody’s unit monitoring impact on its rated portfolio in Adani Group

Moody’s unit says it is monitoring impact on rated portfolio in Adani Group: Report

Budget 2023 to give impetus to dairy processing, says ICRA

Wheels India receives affirmation in credit ratings from ICRA

Ahead of Budget 2023, debt cost of states rises to 7.68%: Report

ICRA withdraws ratings assigned to bank facilities of United Spirits

5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra

Telcos to splurge around Rs 3 lk cr in capex spends for 5G in India

ECL norms likely by April 2025; banks face one-time capital hit: ICRA

Improvement in financial metrics will help banks transition smoothly to new ECL framework: ICRA

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