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

CMI Ltd, Mcleod Russel India Ltd, Omax Autos Ltd and Ruby Mills Ltd are among the other losers in the BSE’s ‘B’ group today, 26 September 2022.

United Drilling Tools Ltd leads losers in ‘B’ group

The upgrade reflects Omax’s regularization of payments on its interest-free loans.

Ind Ra upgrades Omax Autos ratings to ‘IND B’ with Stable outlook; Stock trades flat

Pearl Global Industries Ltd, Omax Autos Ltd, Shanti Educational Initiatives Ltd and Hindusthan National Glass & Industries Ltd are among the other losers in the BSE’s ‘B’ group today, 05 April 2022.

GTL Ltd leads losers in ‘B’ group

Buzzing stocks: Automobile stocks, Lupin, Vedanta, NCC, Hindustan Oil, Omax Autos, Raymond, Nuvoco Vistas, Sterlite Tech, HG Infra

Stocks that will see action on April 1

Omax Autos Standalone June 2021 Net Sales At Rs 40.93 Crore, Up 70.61% Y-o-Y

The Board in its meeting held on June 22, 2021, subject to the approval of shareholders, has re-appointed Mrs. Sakshi Kaura as Joint Managing Director of the Company with effect from June 1, 2021.

Omax Autos reappoints Devashish Mehta as Managing Director

Omax Autos standalone net profit rises 511.82% in the March 2021 quarter

BRIEF-Omax Autos Says Formally Closed Ops At Manufacturing Unit At Bommasandra

Omax Autos reports standalone net loss of Rs 13.56 crore in the December 2020 quarter

Omax Autos Ltd, Beardsell Ltd, Stampede Capital Ltd-DVR and Ind Bank Housing Ltd are among the other gainers in the BSE’s ‘B’ group today, 25 January 2021.

Shriram EPC Ltd leads gainers in ‘B’ group

The unit in Uttar Pradesh for manufacture and supply of Long Member started to function from January 13, 2021.

Omax Autos starts commercial production at its new industrial unit in Raebareli; stock ends 15% higher

Omax Autos Limited is a manufacturer of auto and non-auto components. The company offers frame assembly, step pavilion, saree guard, saree guard assembly, handle, main stand and other products for two wheelers.

Omax Autos Ltd

Omax Autos 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

United Drilling Tools Ltd leads losers in ‘B’ group

Ind Ra upgrades Omax Autos ratings to ‘IND B’ with Stable outlook; Stock trades flat

GTL Ltd leads losers in ‘B’ group

Stocks that will see action on April 1

Omax Autos Standalone June 2021 Net Sales At Rs 40.93 Crore, Up 70.61% Y-o-Y

Omax Autos reappoints Devashish Mehta as Managing Director

Omax Autos standalone net profit rises 511.82% in the March 2021 quarter

Omax Autos 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

United Drilling Tools Ltd leads losers in ‘B’ group

Ind Ra upgrades Omax Autos ratings to ‘IND B’ with Stable outlook; Stock trades flat

GTL Ltd leads losers in ‘B’ group

Stocks that will see action on April 1

Omax Autos Standalone June 2021 Net Sales At Rs 40.93 Crore, Up 70.61% Y-o-Y

Omax Autos reappoints Devashish Mehta as Managing Director

Omax Autos standalone net profit rises 511.82% in the March 2021 quarter

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