Current price is less 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

Red Flags Found

Asahi India Glass Ltd, Ahluwalia Contracts (India) Ltd, Mayur Uniquoters Ltd and Minda Industries Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 November 2021.

Indian Hume Pipe Company Ltd leads gainers in ‘A’ group

Indian Hume Pipe Company spurted 11.59% to Rs 215.75 after the company’s net profit surged 289.89% to Rs 18.13 crore on 45.91% rise in net sales to Rs 416.01 crore in Q2 September 2021 over Q2 September 2020.

Indian Hume Pipe spurts after robust Q2 result

Indian Hume Pipe Company standalone net profit rises 289.89% in the September 2021 quarter

Maharashtra Krishna Valley Development Corporation gives the project for construction of Piped Distribution Network (PDN).

Indian Hume Pipe Share Price Rises 5% On Winning Rs 156-crore Project

The project is to be completed within 18 months.

Indian Hume Pipe ends 3.5% higher on securing Rs156cr project

The rating on long-term bank facilities has been reaffirmed at CARE A-; Negative. Outlook revised from Stable.

CARE revises credit rating on Indian Hume Pipe Company bank facilities

The Company had filed petition before the Arbitrator under the National Highways Act, 1956 seeking additional compensation.

Indian Hume Pipe Company receives arbitration award from NHAI; Stock climbs 2%

“Traders should remain bullish and accumulate longs with the stop loss of 15,600 on a closing basis,” said Nandish Shah of HDFC Securities.

Hot Stocks | Kaveri Seeds, Indian Hume Pipe, Rupa & Company Can Give Up To 15% Return In Short Term

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Tata Steel, India Pesticides, Indian Hume Pipe Company, HCL, CSB Bank

Indian Hume Pipe Company receives LoA for work order worth Rs 257.60 cr

The project is to be completed within 36-months and the agreement will be signed in due course, the company said.

Indian Hume Pipe gets LoA for order worth Rs257.60cr; stock ends higher

The Indian Hume Pipe Company Limited is engaged in the construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems, and pipe manufacturing.

Indian Hume Pipe Company Ltd

Indian Hume Pipe Company 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

Indian Hume Pipe Company Ltd leads gainers in ‘A’ group

Indian Hume Pipe spurts after robust Q2 result

Indian Hume Pipe Company standalone net profit rises 289.89% in the September 2021 quarter

Indian Hume Pipe Share Price Rises 5% On Winning Rs 156-crore Project

Indian Hume Pipe ends 3.5% higher on securing Rs156cr project

CARE revises credit rating on Indian Hume Pipe Company bank facilities

Indian Hume Pipe Company receives arbitration award from NHAI; Stock climbs 2%

Indian Hume Pipe Company 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

Indian Hume Pipe Company Ltd leads gainers in ‘A’ group

Indian Hume Pipe spurts after robust Q2 result

Indian Hume Pipe Company standalone net profit rises 289.89% in the September 2021 quarter

Indian Hume Pipe Share Price Rises 5% On Winning Rs 156-crore Project

Indian Hume Pipe ends 3.5% higher on securing Rs156cr project

CARE revises credit rating on Indian Hume Pipe Company bank facilities

Indian Hume Pipe Company receives arbitration award from NHAI; Stock climbs 2%

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