Buzzing stocks: REC, Sun Pharma, Piramal Pharma, Granules, Aster DM, RattanIndia Enterprises, Karnataka Bank, Bank of India, Waaree Renewable, Indian Wood Products, Brigade Enterprises, Eris Lifesciences, 7V18 Broadcast, Sagar Cements, Andhra Cements

Stocks that will see action today — January 16, 2023

The Indian Wood Products Company reports consolidated net profit of Rs 0.50 crore in the September 2022 quarter

The Indian Wood Products Company reports consolidated net loss of Rs 0.71 crore in the December 2021 quarter

The Indian Wood Products Company reports consolidated net loss of Rs 0.46 crore in the June 2021 quarter

The Indian Wood Products Company standalone net profit rises 711.11% in the March 2021 quarter

BRIEF-Indian Wood Products Co- Krishna Kumar Mohta Re-Appointed As Chairman, MD

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

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company is focused on manufacturing katha (catechu) and cutch products. The Company offers Epi-catechins from acacia catechu and D-catechins by solvent extraction of gambier. It sells gambier alkaloids like gambir tannine & oxo-gambir tannine.