Intrinsic Value

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock in ASM list and too much promoter holding pledged

Red Flags Found

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.

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

ISMT is the largest integrated specialized seamless tube manufacturer in India.

Kirloskar Ferrous to acquire 51.25% stake in ISMT; Stock gains over 2%

Kirloskar Ferrous invests Rs 476.6 crore in ISMTs preferential issue, provides Rs 194 crore unsecured loan to the loss-making steel company. The total investment of Rs 670 crore by Kirloskar will be used to repay financial creditors dues.

Kirloskar Ferrous Industries acquires 51.25% stake in ISMT, makes an open offer at Rs 30.84 to public

Kirloskar Ferrous Industries (KFIL) said that it will acquire a majority stake in Indian Seamless Metal Tubes (ISMT) by subscribing to its equity shares through a preferential allotment and gain sole control over ISMT.

Kirloskar Ferrous to acquire a majority stake in ISMT

The company will subscribe to equity shares through preferential allotment

Kirloskar Ferrous Industries to acquire stake in ISMT

The non-binding offer equates to 20 paise on a rupee on total loans, including the interest component. ISMT had a term loan of Rs 3,359 crore, including interest, as of June 30, 2020, according to a disclosure made by the company to the Bombay Stock Exchange.

Kirloskar Ferrous makes ISMT a Rs 670 crore non-binding offer

Flour milling technology students are sought worldwide

40th batch of students pass out from ISMT at CFTRI

ISMT reports consolidated net loss of Rs 55.72 crore in the June 2021 quarter

The company’s revenue rose to Rs459cr in Q4FY21 from Rs276.24cr in Q4FY20.

ISMT consolidated loss broadens to Rs112.2cr in Q4FY21; Stock slumps 4%

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Reliance Industries, LIC Housing Finance, ISMT, FDC, Sunteck Realty

BRIEF-ISMT Ltd - Workmen Have Not Proceeded With Strike At Ahmednagar Plants

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

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

News Video

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

Kirloskar Ferrous to acquire 51.25% stake in ISMT; Stock gains over 2%

Kirloskar Ferrous Industries acquires 51.25% stake in ISMT, makes an open offer at Rs 30.84 to public

Kirloskar Ferrous to acquire a majority stake in ISMT

Kirloskar Ferrous Industries to acquire stake in ISMT

Kirloskar Ferrous makes ISMT a Rs 670 crore non-binding offer

40th batch of students pass out from ISMT at CFTRI

ISMT reports consolidated net loss of Rs 55.72 crore in the June 2021 quarter

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

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

News Video

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

Kirloskar Ferrous to acquire 51.25% stake in ISMT; Stock gains over 2%

Kirloskar Ferrous Industries acquires 51.25% stake in ISMT, makes an open offer at Rs 30.84 to public

Kirloskar Ferrous to acquire a majority stake in ISMT

Kirloskar Ferrous Industries to acquire stake in ISMT

Kirloskar Ferrous makes ISMT a Rs 670 crore non-binding offer

40th batch of students pass out from ISMT at CFTRI

ISMT reports consolidated net loss of Rs 55.72 crore in the June 2021 quarter

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