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

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 Consolidated September 2022 Net Sales at Rs 2,723.15 crore, up 30.25% Y-o-Y

ICICI Direct is bullish on Mahindra CIE recommended buy rating on the stock with a target price of Rs 380 in its research report dated October 19, 2022.

Buy Mahindra CIE; target of Rs 380: ICICI Direct

Motilal Oswal is bullish on Mahindra CIE recommended buy rating on the stock with a target price of Rs 360 in its research report dated October 18, 2022.

Buy Mahindra CIE; target of Rs 360: Motilal Oswal

Demand in India continued to be robust driven by key customers (Mahindra and Mahindra Ltd., Tata Motors Ltd.).

Mahindra CIE Automotive Q3 Results Review - Strong India Performance Balances Weak Europe: ICICI Securities

The outlook for Europe continues to be uncertain amid a potential gas shortage and recession risk. Even so, it helps that Mahindra CIE has a strong order book.

Mahindra CIE’s decent India performance makes up for weak Europe show in Q3

Mahindra CIE Automotive reported 3% rise in consolidated net profit to Rs 171.37 crore on 30.3% rise in revenue from operations to Rs 2,723.15 crore in Q3 calender year (CY) 2022 over Q3 CY 2021.

Mahindra CIE Q3 CY23 PAT rises 3% YoY to Rs 171 cr

The India business outperformed the European business, led by strong domestic demand.

Mahindra CIE Q3 Review - Inline; India Business Continues To Outperform; EU Hurt By Energy Cost: Motilal Oswal

Among individual stocks, the technical analyst from HDFC Securities recommends buying IndusInd Bank and Mahindra CIE.

Support zone for Nifty shifted higher to 17,200-17,300, says Vinay Rajani

Mahindra CIE Automotive consolidated net profit rises 3.04% in the September 2022 quarter

Buzzing stocks: Zee Entertainment, Samvardhana Motherson, L&T Tech, Aurum Prop, HFCL, GMDC, ICICI Lombard, Indian Bank, JSW Ispat, KPIT, Mahindra CIE, Rane Engine, Shalby, Network18, Tinplate, Aster DM Healthcare, Invesco

Stocks that will see action on October 18, 2022

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

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

Mahindra CIE Consolidated September 2022 Net Sales at Rs 2,723.15 crore, up 30.25% Y-o-Y

Mahindra CIE Consolidated September 2022 Net Sales at Rs 2,723.15 crore, up 30.25% Y-o-Y

Buy Mahindra CIE; target of Rs 380: ICICI Direct

Buy Mahindra CIE; target of Rs 360: Motilal Oswal

Mahindra CIE Automotive Q3 Results Review - Strong India Performance Balances Weak Europe: ICICI Securities

Mahindra CIE’s decent India performance makes up for weak Europe show in Q3

Mahindra CIE Q3 CY23 PAT rises 3% YoY to Rs 171 cr

Mahindra CIE Q3 Review - Inline; India Business Continues To Outperform; EU Hurt By Energy Cost: Motilal Oswal

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

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

Mahindra CIE Consolidated September 2022 Net Sales at Rs 2,723.15 crore, up 30.25% Y-o-Y

Mahindra CIE Consolidated September 2022 Net Sales at Rs 2,723.15 crore, up 30.25% Y-o-Y

Buy Mahindra CIE; target of Rs 380: ICICI Direct

Buy Mahindra CIE; target of Rs 360: Motilal Oswal

Mahindra CIE Automotive Q3 Results Review - Strong India Performance Balances Weak Europe: ICICI Securities

Mahindra CIE’s decent India performance makes up for weak Europe show in Q3

Mahindra CIE Q3 CY23 PAT rises 3% YoY to Rs 171 cr

Mahindra CIE Q3 Review - Inline; India Business Continues To Outperform; EU Hurt By Energy Cost: Motilal Oswal

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