Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns 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

In an interview with Rajesh Kurup, IRB chairman and managing director
Virendra D. Mhaiskar said the company would use the recent Rs 5,347-crore fund raised from global investors to put its business on “autopilot”. Edited excerpts:

‘Moving away from the pandemic, traffic has normalised to a great extent’

Fund raise of Rs 54 bn to cut debt, provide capital; Ebitda for FY23/24e up 3/6%; TP up to Rs 245; ‘Buy’ retained

IRB Infrastructure Rating: buy: Second quarter results were a mixed bag

The announcement comes after the company held a general meeting of shareholders online on November 20

Investors pave way for IRB to raise ₹5,347-cr.

IRB Infrastructure Developers had convened an extra ordinary general meeting of its shareholders online on November 20, 2021.

IRB Infrastructure shareholders pass resolution for Rs 5,347 crore capital inflow

IRB InvIT Consolidated September 2021 Net Sales At Rs 325.22 Crore, Up 10.89% Y-o-Y

1. Nifty playing around 18,000 led by pharma, banking

2. The board of directors of diagnostic services provider Dr. Lal Path Labs (LPL) authorized the 100 percent acquisition of Suburban Diagnostics (India) in an all-cash deal of Rs 1100 crore.

3. IRB stocks down by 10%. Gains around 4,500 crores by the preferential issue of shares

4. Busy day for earning today with Bajaj, ITC, L&T, Maruti, Titan, SBI life, IndusInd and APSEZ are to give out their Q2 numbers track the analysis on ET Now

5. With a 1B deal Tata is set to roll out TATA Singa

6. Price hikes by paint companies, Asian paints slips 10%

7. Supreme court appoints a special committee over Pegasus spyware row
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Nifty runs at 18,000; Supreme court appoints committee over Pegasus row | Top News

1)Nifty Earnings today :Bajaj Auto, ITC Ltd, Maruti Suzuki India Ltd, Titan, Larsen & Toubro Ltd, SBI Life Insurance Company Ltd ,IndusInd Bank Ltd ,Adani Ports and Special Economic Zone

2) IRB InfraIRB to raise Equity up to `5347Cr (Current M-Cap 10K Cr)Fund raise via Allotment to  affiliates of Cintra Investments BV and GIC
3) Axis BankPAT `3133cr vs `1682cr yoy
GNPA 3.53% vs 3.85% qoq
NNPA 1.08% vs 1.2% qoq
NII `7900cr vs `7326cr you
4)Cipla Rev from ops `5520cr vs `5038cr yoy
PAT `711cr vs `665cr yoy
EBITDA `1226cr vs `1176cr yoy
Margin 22.3% vs 23.3%

5)Bajaj FinanceCalculated NII `4290cr vs `3405cr, up by 26% YoY
Reported NII `5335cr vs `4162cr, up by 28% YoY
PAT `1481cr vs `965cr, up by 53% YoY
Provision `1300cr vs `1750cr QoQ ( vs `1700cr yoy )
Vinnii Motiwala is here with the list of other stocks to keep on your radar at 9:15 am
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Stocks To Watch Today

This is the largest fundraise by a road developer

IRB Infrastructure eyes Rs 5,347 crore from GIC, Spain’s Ferrovial

IRB InvIT Standalone September 2021 Net Sales At Rs 138.96 Crore, Down 5.71% Y-o-Y

IRB InvIT Fund is focused on investing in infrastructure assets primarily being in the road sector in India. IRB InvIT Fund's investment objectives are to increase its margins and achieve long-term growth of the Trust.

IRB InvIT Fund

IRB InvIT Fund

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

Returns 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 return on equity 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

‘Moving away from the pandemic, traffic has normalised to a great extent’

IRB Infrastructure Rating: buy: Second quarter results were a mixed bag

Investors pave way for IRB to raise ₹5,347-cr.

IRB Infrastructure shareholders pass resolution for Rs 5,347 crore capital inflow

IRB InvIT Consolidated September 2021 Net Sales At Rs 325.22 Crore, Up 10.89% Y-o-Y

News Video

Nifty runs at 18,000; Supreme court appoints committee over Pegasus row | Top News

News Video

Stocks To Watch Today

IRB InvIT Fund

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

‘Moving away from the pandemic, traffic has normalised to a great extent’

IRB Infrastructure Rating: buy: Second quarter results were a mixed bag

Investors pave way for IRB to raise ₹5,347-cr.

IRB Infrastructure shareholders pass resolution for Rs 5,347 crore capital inflow

IRB InvIT Consolidated September 2021 Net Sales At Rs 325.22 Crore, Up 10.89% Y-o-Y

News Video

Nifty runs at 18,000; Supreme court appoints committee over Pegasus row | Top News

News Video

Stocks To Watch Today

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

Returns 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 return on equity 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