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

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

Route Mobile Ltd, Vakrangee Ltd, Indo Count Industries Ltd and Varroc Engineering Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 June 2022.

Solara Active Pharma Sciences Ltd leads gainers in ‘A’ group

On the NSE the shares of Indo Count Industries touched 52-week-low today at ₹119.55 and closed at ₹119.60 level down by 2.05% from the previous close of ₹122.10.

This textile stock hits 52-week-low, brokerage sees 75% upside with ‘BUY’ rating

Indo Count Industries consolidated net profit rises 47.11% in the March 2022 quarter

The acquisition would potential see addition of around Rs 1,300 - 1,500 crore per annum to the topline of the Company at peak capacity.

Indo Count soars 10% on completing acquisition of home textile biz of GHCL

The divestment of GHCL’s Home Textile Business is a significant value unlocking exercise for all its stakeholders.

GHCL completes divestment of its Home Textiles business to Indo Count Industries

Besides, Grace Home Fashions LLC (GHF), a US subsidiary of GHCL, has completed the sale of specified assets (inventory and intellectual property) to Indo Count Global Inc in accordance with the terms of Assets Transfer Agreement (ATA), said GHCL in a regulatory filing.

GHCL completes divestment of home textiles business for Rs 608 crore

Arihant Capital recommended accumulate rating on Indo Count Industries with a target price of Rs 175 in its research report dated March 30, 2022.

Accumulate Indo Count Industries; target of Rs 175: Arihant Capital

ICICI Direct is bullish on Indo Count has recommended buy rating on the stock with a target price of Rs 300 in its research report dated February 08, 2021.

Buy Indo Count; target of Rs 300: ICICI Direct

The stock was trading at its lowest level since July 2021. In the past one month, it has underperformed the market by falling 22 per cent, as compared to a 2.4 per cent decline in Sensex

Indo Count extends fall post Q3 results; slips 35% from 52-week high

Indo Count Industries consolidated net profit declines 23.54% in the December 2021 quarter

Buzzing stocks: Mindspace REIT, Indo Count, Delta Corp, Timex Group, Spandana Sphoorty, Ganesh Housing, Vasundhara Rasayans

Stocks that will see action today (Jan 11)

Indo Count Industries Limited is a home textile company engaged in the activity of manufacture of textile products. The Company is involved in the manufacture of bedding, quilts, pillows, sleeping bags and others.

Indo Count Industries Ltd

Indo Count Industries 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

Solara Active Pharma Sciences Ltd leads gainers in ‘A’ group

This textile stock hits 52-week-low, brokerage sees 75% upside with ‘BUY’ rating

Indo Count Industries consolidated net profit rises 47.11% in the March 2022 quarter

Indo Count soars 10% on completing acquisition of home textile biz of GHCL

GHCL completes divestment of its Home Textiles business to Indo Count Industries

GHCL completes divestment of home textiles business for Rs 608 crore

Accumulate Indo Count Industries; target of Rs 175: Arihant Capital

Indo Count Industries 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

Solara Active Pharma Sciences Ltd leads gainers in ‘A’ group

This textile stock hits 52-week-low, brokerage sees 75% upside with ‘BUY’ rating

Indo Count Industries consolidated net profit rises 47.11% in the March 2022 quarter

Indo Count soars 10% on completing acquisition of home textile biz of GHCL

GHCL completes divestment of its Home Textiles business to Indo Count Industries

GHCL completes divestment of home textiles business for Rs 608 crore

Accumulate Indo Count Industries; target of Rs 175: Arihant Capital

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