Lucas Indian Service Ltd. (LIS), one of the promoters of India Nippon Electricals Ltd. (INEL), has agreed to acquire more than 44 lakh shares from two other promoter entities for a total consideration of ₹168.91 crore.

Lucas Indian Service to up stake in India Nippon Electricals to 70%

The consolidated revenue for Q3FY22 was Rs14,804 lakh, reflecting a decline of 3% yoy as compared to Rs15,261 lakh in the previous corresponding quarter.

India Nippon Electricals’ PAT declines 45.78% yoy for Q3FY22; Stock ends lower

Kiyoyasu Kawakami has 34 years of experiences in Automotive for global customers.

India Nippon Electricals appoints Kiyoyasu Kawakami as Additional Director

India Nippon Electricals reports consolidated net profit of Rs 3.49 crore in the June 2021 quarter

India Nippon Electricals reports standalone net profit of Rs 3.62 crore in the June 2021 quarter

India Nippon Electricals consolidated net profit rises 15.83% in the March 2021 quarter

The board of directors of India Nippon Electricals Ltd on Friday declared an interim dividend of ₹6 per fully paid-up equity share of ₹5 each, for the financial year 2020-21. The interim dividend will

India Nippon to pay ₹6 dividend

India Nippon Electricals standalone net profit rises 105.54% in the December 2020 quarter

BRIEF-India Nippon Electricals Reports Higher Dec-Quarter Profit

India Nippon Electricals consolidated net profit rises 0.65% in the September 2020 quarter

India Nippon Electricals reports consolidated net loss of Rs 5.60 crore in the June 2020 quarter

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

India Nippon Electricals Limited is a manufacturer of electronic ignition systems for two wheelers, three wheelers and portable engines.