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

Red Flags Found

MIRC Electronics standalone net profit rises 4583.33% in the September 2021 quarter

MIRC Electronics reports standalone net loss of Rs 6.81 crore in the June 2021 quarter

MIRC Electronics reports standalone net profit of Rs 1.49 crore in the March 2021 quarter

Kellton Tech Solutions, Mirc Electronics, Satin Creditcare Network, Singer India, Swelect Energy Systems and Uttam Sugar Mills will release quarterly earnings today.

Important results today: Coal India, Indian Overseas Bank, JB Chemicals, Gayatri Projects

In another transaction, Bennett Coleman & Co sold 5 million shares of Mirc Electronics at Rs 15 per share through a bulk deal on the National Stock Exchange.

NSE-BSE bulk deals: Plutus Wealth buys stake in Anupam Rasayan

MIRC Electronics standalone net profit rises 431.88% in the December 2020 quarter

Jay Bharat Maruti, Mirc Electronics, Vaibhav Global, HealthCare Global Enterprises, National Fertilizers, SRG Housing Finance, Future Supply Chain Solutions, Max India, Kellton Tech Solutions, ITI, Dalmia Bharat, Commercial Engineers & Body Builders, Jammu & Kashmir Bank, Zee Media Corporati…

Stocks in the news | Hindustan Aeronautics, Zee Learn, Hindustan Copper, Bank of Baroda, Welspun Corp

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

BRIEF-India’s Mirc Electronics Posts June Qtr Loss After Tax - Investing.com India

Ashish Kacholia topped the sellers list. His stakes in Hikal, MIRC Electronics, Mold-tek Packaging, Mastek, Nocil and Gati fell below 1 per cent in June quarter.

Indian value investors Kacholia, Dolly Khanna and Goel all sold into April-June stocks rally; but Big Bull was big buyer

BRIEF-MIRC Electronics March Quarter Loss Widens - Investing.com India

As many as 40 stocks in the S&P BSE Small-cap index rose 10-30 percent, including Mirc Electronics, Heritage Foods, Indo Count Industries, JMT Auto, and DHFL among others

Small & Mid-caps outperform in a truncated week; 40 stocks rose 10-30%

MIRC Electronics Limited is an India-based company, which is principally engaged in the manufacturing and trading of electronic items. The Company is engaged in the business of manufacturing and marketing consumer electronics goods primarily under the brand named Onida and IGO. The Company has three manufacturing plants, Wada, Maharashtra; Lote-Parshuram, Chiplun, Maharashtra; and Roorkee-II, Uttarakhand.

MIRC Electronics Ltd

MIRC Electronics 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

MIRC Electronics standalone net profit rises 4583.33% in the September 2021 quarter

MIRC Electronics reports standalone net loss of Rs 6.81 crore in the June 2021 quarter

MIRC Electronics reports standalone net profit of Rs 1.49 crore in the March 2021 quarter

Important results today: Coal India, Indian Overseas Bank, JB Chemicals, Gayatri Projects

NSE-BSE bulk deals: Plutus Wealth buys stake in Anupam Rasayan

MIRC Electronics standalone net profit rises 431.88% in the December 2020 quarter

Stocks in the news | Hindustan Aeronautics, Zee Learn, Hindustan Copper, Bank of Baroda, Welspun Corp

MIRC Electronics 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

MIRC Electronics standalone net profit rises 4583.33% in the September 2021 quarter

MIRC Electronics reports standalone net loss of Rs 6.81 crore in the June 2021 quarter

MIRC Electronics reports standalone net profit of Rs 1.49 crore in the March 2021 quarter

Important results today: Coal India, Indian Overseas Bank, JB Chemicals, Gayatri Projects

NSE-BSE bulk deals: Plutus Wealth buys stake in Anupam Rasayan

MIRC Electronics standalone net profit rises 431.88% in the December 2020 quarter

Stocks in the news | Hindustan Aeronautics, Zee Learn, Hindustan Copper, Bank of Baroda, Welspun Corp

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