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

HDFC Securities’ top stock picks are J Kumar Infraprojects, LG Balakrishnan & Bros, and Mahindra Lifespace Developers

Top 3 stocks to buy as suggested by HDFC Securities over next 2-4 quarters

In the auto ancillaries industry, LG Balakrishnan & Bros Ltd (LGB) is a small-cap company with a market valuation of ₹2,152.73 crore.

Multibagger stock sets record date for 150% dividend, takes the yield to 2.18%

BSE Sensex rose by 0.20 percent to end up 113.11 points higher at Rs 57,901.14. The top winners were Godrej India, LG Balakrishnan & Bros Ltd, Borosil Renewables Ltd, Swanenergy, and Subros

Market Roundup: Sensex rises by 113 points, Nifty ends at 17,248; today’s top winners and losers

HDFC Mutual Fund purchased 628,858 equity shares, or 2% stake, of LG Balakrishnan & Bros on 14 June 2021 through open market purchases.

LG Balakrishnan hits 52-week high after HDFC MF buys stake

BRIEF-LG Balakrishnan & Bros Dec-Qtr Consol Net Profit Rises

Coforge, Finolex Industries, M&M Financial, Torrent Pharma, NTPC, HDFC Bank, Max Ventures and Industries, Tree House Education, LG Balakrishnan & Bros, HFCL, Great Eastern Shipping, PVP Ventures are also among the stocks in focus today.

Stocks in the news | Angel Broking, IRCTC, IDBI Bank, Forbes & Company, HDFC Bank

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s LG Balakrishnan & Bros Posts Higher Sept-Quarter Consol Net Profit - Investing.com India

BRIEF-India’s LG Balakrishnan & Bros March Qtr Consol Net Profit Falls - Investing.com India

The board of directors of LG Balakrishnan & Bros will meet on Thursday to consider divesting its stake from a joint venture company - Renold Chain India Private Ltd, and to explore potential acqui

LG Balakrishnan: Focus on business plans

Shares of LG Balakrishnan & Bros will turn ex-bonus on Thursday. The company is rewarding its shareholders with one bonus share for each share held. To become eligible to receive the bonus shares,

LG Balakrishnan: Ex-bonus on Thursday

Shares of LGB Forge, a demerged entity from LG Balakrishnan & Bros, will remain in focus, as the board of directors of the company is meeting on Tuesday to consider various fund-raising options. I

LGB Forge: Eyeing fund-raising options

L.G. Balakrishnan & Bros Limited is engaged in the business of manufacturing chains, sprockets and metal formed parts for automotive applications. The Company's segments include transmission, metal forming and others.

LG Balakrishnan & Bros Ltd

LG Balakrishnan & Bros 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

Top 3 stocks to buy as suggested by HDFC Securities over next 2-4 quarters

Multibagger stock sets record date for 150% dividend, takes the yield to 2.18%

Market Roundup: Sensex rises by 113 points, Nifty ends at 17,248; today’s top winners and losers

LG Balakrishnan hits 52-week high after HDFC MF buys stake

BRIEF-LG Balakrishnan & Bros Dec-Qtr Consol Net Profit Rises

Stocks in the news | Angel Broking, IRCTC, IDBI Bank, Forbes & Company, HDFC Bank

BRIEF-India’s LG Balakrishnan & Bros Posts Higher Sept-Quarter Consol Net Profit - Investing.com India

LG Balakrishnan & Bros 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

Top 3 stocks to buy as suggested by HDFC Securities over next 2-4 quarters

Multibagger stock sets record date for 150% dividend, takes the yield to 2.18%

Market Roundup: Sensex rises by 113 points, Nifty ends at 17,248; today’s top winners and losers

LG Balakrishnan hits 52-week high after HDFC MF buys stake

BRIEF-LG Balakrishnan & Bros Dec-Qtr Consol Net Profit Rises

Stocks in the news | Angel Broking, IRCTC, IDBI Bank, Forbes & Company, HDFC Bank

BRIEF-India’s LG Balakrishnan & Bros Posts Higher Sept-Quarter Consol Net Profit - Investing.com India

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