Current price is more than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns 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 not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Mahindra CIE Standalone September 2021 Net Sales At Rs 878.94 Crore, Up 41.53% Y-o-Y

Mahindra CIE Consolidated September 2021 Net Sales At Rs 2,090.69 Crore, Up 23.4% Y-o-Y

ICICI Direct is bullish on Mahindra CIE has recommended buy rating on the stock with a target price of Rs 330 in its research report dated October 17, 2021.

Buy Mahindra CIE; Target Of Rs 330: ICICI Direct

Motilal Oswal is bullish on Mahindra CIE recommended buy rating on the stock with a target price of Rs 300 in its research report dated October 15, 2021.

Buy Mahindra CIE; Target Of Rs 300: Motilal Oswal

Auto ancillary manufacturer Mahindra CIE is surging in trade on the back of its strong earnings in Q2FY22. The numbers were good primarily led by the recovery in their India business. Here's a quick update on all that.

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Mahindra CIE Surges In Trade Post Strong Q2FY22 Earnings | Trading Hour | CNBC-TV18

Mahindra CIE Automotive shares climb nearly 10% as analysts raise prices target after July-September numbers.

Mahindra CIE Shares Climb As Analysts Raise Price Targets After July-September Earnings

Mahindra CIE Automotive (MCIE) jumped 7.51% to Rs 269.70 after the company’s consolidated net profit surged 173.73% to Rs 166.32 crore on 23.40% increase in net sales to Rs 2090.69 crore in Q3 September 2021 over Q3 September 2020.

Mahindra CIE spurts after Q3 PAT soars 173.73% YoY to Rs 166.32 cr

Demand in both India and Europe continues to be strong and the performance of Mahindra CIE is set to improve, with the likely easing of chip shortage. Further, the EV space provides huge opportunities. The company can beat industry growth

Mahindra CIE: A Decent Show In Q3 CY21, Valuation Attractive

Mahindra CIE Automotive consolidated net profit rises 173.73% in the September 2021 quarter

Mahindra CIE Automotive standalone net profit rises 244.40% in the September 2021 quarter

Mahindra CIE Automotive Limited is an auto components supplier with presence in many technologies, which include forgings, castings, stampings, magnetic products and composites.

Mahindra CIE Automotive Ltd

Mahindra CIE Automotive 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

Mahindra CIE Standalone September 2021 Net Sales At Rs 878.94 Crore, Up 41.53% Y-o-Y

Mahindra CIE Consolidated September 2021 Net Sales At Rs 2,090.69 Crore, Up 23.4% Y-o-Y

Mahindra CIE Consolidated September 2021 Net Sales At Rs 2,090.69 Crore, Up 23.4% Y-o-Y

Buy Mahindra CIE; Target Of Rs 330: ICICI Direct

Buy Mahindra CIE; Target Of Rs 300: Motilal Oswal

News Video

Mahindra CIE Surges In Trade Post Strong Q2FY22 Earnings | Trading Hour | CNBC-TV18

Mahindra CIE Shares Climb As Analysts Raise Price Targets After July-September Earnings

Mahindra CIE Automotive 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

Mahindra CIE Standalone September 2021 Net Sales At Rs 878.94 Crore, Up 41.53% Y-o-Y

Mahindra CIE Consolidated September 2021 Net Sales At Rs 2,090.69 Crore, Up 23.4% Y-o-Y

Mahindra CIE Consolidated September 2021 Net Sales At Rs 2,090.69 Crore, Up 23.4% Y-o-Y

Buy Mahindra CIE; Target Of Rs 330: ICICI Direct

Buy Mahindra CIE; Target Of Rs 300: Motilal Oswal

News Video

Mahindra CIE Surges In Trade Post Strong Q2FY22 Earnings | Trading Hour | CNBC-TV18

Mahindra CIE Shares Climb As Analysts Raise Price Targets After July-September Earnings

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