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 in ASM list and too much promoter holding pledged

Red Flags Found

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

Buzzing stocks: Trigyn, Zomato, ITC, CIpla, Brookfield REIT, Dish TV, Deep Industries, Mastek, ISMT, Jindal Poly, Aditya Ispat

Stocks that will see action today (Dec 20)

ISMT reports standalone net loss of Rs 52.67 crore in the September 2021 quarter

Kirloskar Ferrous has acquired majority stake in ISMT which will allow the company to foray into special steel business. We are joined in by RV Gumaste, the Managing Director of the company, to understand more about the acquisition and the rationale.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #RVGumaste #KirloskarFerrous

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

RV Gumaste Speaks On Kirloskar Ferrous Acquiring Majority Stake In ISMT | Chartbusters | CNBC-TV18

ISMT Limited is engaged in the manufacturing of specialty alloy and bearing Steel. The Company manufactures seamless tubes and engineering steels.

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 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

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

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

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

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

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

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