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

Kirloskar Ferrous Industries standalone net profit declines 51.78% in the March 2022 quarter

Broker’s call: Kirloskar Ferrous (Buy)

H.G. Infra Engineering Ltd, New India Assurance Company Ltd, Huhtamaki India Ltd and HSIL Ltd are among the other gainers in the BSE’s ‘A’ group today, 16 March 2022.

Kirloskar Ferrous Industries Ltd leads gainers in ‘A’ group

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

Symphony Ltd, Kirloskar Ferrous Industries Ltd, Tinplate Company of India Ltd and Gujarat Ambuja Exports Ltd are among the other gainers in the BSE’s ‘A’ group today, 11 March 2022.

JK Paper Ltd leads gainers in ‘A’ group

Kirloskar Ferrous Surges Up to 10% On Acquiring Micro-Cap Steel Producer

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

Estimated expenditure would be around ~Rs60cr.

Kirloskar Ferrous temporary suspends operations of mini blast furnace II at Koppal plant; Stock plunges over 3.5%

The company is a manufacturer of pig iron and grey iron castings. The Company supplies castintgs to foundries that cater to the auto, engines and compressors, textile, pumps, pipes and fittings and fans, among others.

Kirloskar Ferrous Industries Ltd

Kirloskar Ferrous 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

Kirloskar Ferrous Industries standalone net profit declines 51.78% in the March 2022 quarter

Broker’s call: Kirloskar Ferrous (Buy)

Kirloskar Ferrous Industries Ltd leads gainers in ‘A’ group

Kirloskar Ferrous completes acquisition of ISMT

JK Paper Ltd leads gainers in ‘A’ group

Kirloskar Ferrous Surges Up to 10% On Acquiring Micro-Cap Steel Producer

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

Kirloskar Ferrous 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

Kirloskar Ferrous Industries standalone net profit declines 51.78% in the March 2022 quarter

Broker’s call: Kirloskar Ferrous (Buy)

Kirloskar Ferrous Industries Ltd leads gainers in ‘A’ group

Kirloskar Ferrous completes acquisition of ISMT

JK Paper Ltd leads gainers in ‘A’ group

Kirloskar Ferrous Surges Up to 10% On Acquiring Micro-Cap Steel Producer

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

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