Current price is less than the intrinsic value

Intrinsic value

Stock has not been able to generate 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

Sanjay Kirloskar-led Kirloskar Brothers (KBL) called an extraordinary general meeting (EGM) on December 8 in response to the demand from Atul Kirloskar-controlled Kirloskar Industries (KIL) that an independent forensic auditor be appointed to conduct an external forensic audit on KBL’s legal expense…

Proxy advisor for voting against audit of KBL’s legal costs

Kirloskar Industries, a key investor in KBL, had sought the audit over legal fees of Rs 70 crore incurred by the latter. An EGM to consider this issue will be held on Dec 8

Kirloskar Bros shareholders to vote on forensic audit starting Tuesday

It follows requisition by Kirloskar Industries Ltd (KIL) along with Atul Kirloskar and Rahul Kirloskar, who together hold 24.92 per cent in Kirloskar Brothers Ltd (KBL).

Kirloskar Brothers Ltd calls for shareholders’ meet on December 8 to consider, approve forensic audit

Total income increased 83 per cent to was at ₹1,812.1 crore

Kirloskar Industries posts consolidated net profit of ₹234 crore in Q2

KIL raised questions whether the KBL Board, especially the independent directors of KBL, verified the claims made by Sanjay Kirloskar in relation to the Deed of Family Settlement

Kirloskar Industries’ Board seeks forensic audit on Kirloskar Brothers

“The said EGM has been requisitioned along with Atul Kirloskar and Rahul Kirloskar as co-requisitioners in light of the statements made by KBL released in recent news articles, whereby KBL has confirmed to expending approximately Rs 274 crore for legal, professional fees and consultancy charges...,”…

Kirloskar Industries seeks EGM of Kirloskar Brothers; demands forensic audit

As per the SAT order, Rahul said, ”...there was no insider trading by us when we had sold the shares of the Kirloskar Brothers Ltd (KBL) to Kirloskar Industries Ltd back in 2010. Consequently, the SAT order exonerates us from the charges of insider trading and fraudulent trade practices levelled aga…

Kirloskar siblings raise questions over corporate governance of Kirloskar Brothers Ltd

M&M Proposes to Acquire 17.41% stake (21,14,349 Equity shares) in Swaraj Engines. M&M proposes to acquire shares of Swaraj Engines Limited (“SEL”) from Kirloskar Industries Limited (“KIL”)
Post this M&M shareholding to increase from 34.72% to 52.13% .To acquire shares at a price of Rs.1,400/sh. All Cash deal aggregating to an approximate amount of Rs.296Cr
Swaraj Engine share was up over 13% in trade today but endingthe day with 4.75% of gains. Acquisition to be done at a discount of 17.5% from Tuesdays closing. Acquisition expected to get complete by 30th Sept.Deal consideration to be paid in Cash

#swarajengines #kirloskar #shares
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Swaraj Engines rallies after M&M proposes to raise stake to 52.13%

M&M has agreed to acquire 17.41% more stake in Swaraj Engines from Kirloskar Industries to emerge as a majority stakeholder.

Swaraj Engines, Kirloskar Industries Surge After Mahindra Deal

Mahindra & Mahindra has agreed to acquire 17.41% more stake in Swaraj Engines from Kirloskar Industries, increasing its overall stake to 52.13%.

M&M To Acquire Swaraj Engines From Kirloskar Industries In Rs 300-Crore Deal

Stocks to watch before going into trade today.

Stocks To Watch Today: Yes Bank, Central Bank Of India, NDTV, M&M, Kirloskar Industries

Kirloskar Industries Limited is engaged in the manufacturing of iron castings. The Company's segments are Wind power generation; Investments (Securities and Properties), and Iron Casting.

Kirloskar Industries Ltd

Kirloskar 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

Proxy advisor for voting against audit of KBL’s legal costs

Kirloskar Bros shareholders to vote on forensic audit starting Tuesday

Kirloskar Brothers Ltd calls for shareholders’ meet on December 8 to consider, approve forensic audit

Kirloskar Industries posts consolidated net profit of ₹234 crore in Q2

Kirloskar Industries’ Board seeks forensic audit on Kirloskar Brothers

Kirloskar Industries seeks EGM of Kirloskar Brothers; demands forensic audit

Kirloskar siblings raise questions over corporate governance of Kirloskar Brothers Ltd

Kirloskar 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

Proxy advisor for voting against audit of KBL’s legal costs

Kirloskar Bros shareholders to vote on forensic audit starting Tuesday

Kirloskar Brothers Ltd calls for shareholders’ meet on December 8 to consider, approve forensic audit

Kirloskar Industries posts consolidated net profit of ₹234 crore in Q2

Kirloskar Industries’ Board seeks forensic audit on Kirloskar Brothers

Kirloskar Industries seeks EGM of Kirloskar Brothers; demands forensic audit

Kirloskar siblings raise questions over corporate governance of Kirloskar Brothers 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