Intrinsic Value

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

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ISMT Consolidated September 2022 Net Sales at Rs 709.10 crore, up 25.05% Y-o-Y

Buzzing stocks: Coal India, BPCL, Paytm, Policybazzaar, IDBI First Bank, Bank of India, Affle, Divi’s Lab, NIIT, RVNL, Dr Reddy’s Lab, ISMT, Kirloskar Ferrous, Triveni Engineering, Mangalore Chem, Alphalogic, Take Solutions, Escorts, Greaves Cotton, Ujjivan SFB, India Cements, TTML

Stocks that will see action on November 7, 2022

ISMT reports consolidated net profit of Rs 30.30 crore in the September 2022 quarter

ISMT reports consolidated net profit of Rs 2546.22 crore in the March 2022 quarter

ISMT Consolidated March 2022 Net Sales at Rs 580.51 crore, up 26.47% Y-o-Y

Buzzing stocks: Paytm, Ruchi Soya, HDFC, HDFC Bank, Nazara Tech, Welspun India, ISMT, United Spirits, Tech Mahindra, Indian Bank

Stocks that will see action today (March 14)

Kirloskar Ferrous Industries surged 5.34% to Rs 197.35 after the company announced completing the acquisition of a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore.

Kirloskar Ferrous completes acquisition of ISMT

The proceeds will be used towards a one-time settlement of ISMT’s loans of about Rs 3,359 crore

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

Kirloskar Ferrous Industries zoomed 7.01% to Rs 199.85 after the Competition Commission of India (CCI) approved the company’s proposed acquisition of a majority stake in ISMT.

Kirloskar Ferrous spurts on CCI nod for acquiring majority stake in ISMT

The order of the Commission in this regard is awaited.

Kirloskar Ferrous shares gain 6% on CCI approval to acquire stake in ISMT

Buzzing stocks: Kirloskar Ferrous, ISMT, Bharat Electronics, IFCI, Bharat Forge, RattanIndia Enterprises, UPL, Cupid

Stocks that will see action on February 25, 2022

ISMT Limited is engaged in manufacturing integrated specialized seamless tubes. The Company provides seamless tubes and tubular products for the bearing, automotive, mining, general engineering, energy, and high value oil country tubular goods (OCTG) sectors. The Company’s segment includes Tube and Steel. The Tube manufacturers specialized seamless tubes such Hot-finished as well as cold-finished seamless tubes ranging from an outside diameter of 6mm to 273mm. It also offers products such as starter gears for automobiles, spindle axles for automation, cages for constant velocity joints, multi-tracks sleeves for linear bearings, and shaped tubes. The Steel produce carbon, alloy, and martensitic stainless-steel bars with ultra-clean steels, free machining steels, bearing steels, and other specially engineered steel grades.

ISMT Ltd

ISMT 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

ISMT Consolidated September 2022 Net Sales at Rs 709.10 crore, up 25.05% Y-o-Y

Stocks that will see action on November 7, 2022

ISMT reports consolidated net profit of Rs 30.30 crore in the September 2022 quarter

ISMT reports consolidated net profit of Rs 2546.22 crore in the March 2022 quarter

ISMT Consolidated March 2022 Net Sales at Rs 580.51 crore, up 26.47% Y-o-Y

Stocks that will see action today (March 14)

Kirloskar Ferrous completes acquisition of ISMT

ISMT 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

ISMT Consolidated September 2022 Net Sales at Rs 709.10 crore, up 25.05% Y-o-Y

Stocks that will see action on November 7, 2022

ISMT reports consolidated net profit of Rs 30.30 crore in the September 2022 quarter

ISMT reports consolidated net profit of Rs 2546.22 crore in the March 2022 quarter

ISMT Consolidated March 2022 Net Sales at Rs 580.51 crore, up 26.47% Y-o-Y

Stocks that will see action today (March 14)

Kirloskar Ferrous completes acquisition of ISMT

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