Current price is more 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

Onward Technologies consolidated net profit rises 111.91% in the December 2021 quarter

HCL Tech, Tinplate Company, Onward Technologies, Swasti Vinayaka Synthetics, International Travel House and Gujarat Hotels are among the companies that will announce their December quarter results today.

Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HAL

NV Pune has become the wholly owned subsidiary of Onward Technologies w.e.f December 01, 2021.

Onward Tech zooms 5% on completion of 100% stake in NV Pune

The sales rose 21.20% to Rs72.94cr in the quarter ended September 2021 as against Rs60.18cr during the previous quarter ended September 2020.

Onward Technologies records 21% yoy growth in Q2 FY22 revenue

Onward Technologies consolidated net profit rises 130.04% in the September 2021 quarter

Onward Technologies standalone net profit declines 38.49% in the September 2021 quarter

The credit rating agency assigned the short-term rating at A3 on the company’s bank facilities.

ICRA assigns BBB-/Positive long-term rating for bank facilities of Onward Technologies

Onward Technologies Ltd, Sangam (India) Ltd, Bafna Pharmaceuticals Ltd and CHD Chemicals Ltd are among the other losers in the BSE’s ‘B’ group today, 22 July 2021.

Shakti Pumps (India) Ltd leads losers in ‘B’ group

As an investor, it has been a financially rewarding journey with four unicorns in the portfolio. In 2010-11, I was introduced to angel investing by my mentor Harish Mehta (founder of Nasscom, Onward Technologies).

Find mentors who can help create opportunities amid crisis: Sanjay Mehta, founder & partner, 100X.VC

The company achieved consolidated financial growth of Total Income of 51% compared to last year and 25% compared to last quarter.

Onward Technologies zooms 5% post healthy Q1 earnings

Larsen & Toubro Infotech, Onward Technologies, Rama Paper Mills, Rollatainers, Tata Elxsi and Tata Steel Long Products are set to release their quarterly earnings today.

Important results today: Wipro, Larsen & Toubro Infotech, Cyient, Tata Elxsi

Onward Technologies Limited provides mechanical engineering design services and information technology consulting services.

Onward Technologies Ltd

Onward Technologies 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

Onward Technologies consolidated net profit rises 111.91% in the December 2021 quarter

Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HAL

Onward Tech zooms 5% on completion of 100% stake in NV Pune

Onward Technologies records 21% yoy growth in Q2 FY22 revenue

Onward Technologies consolidated net profit rises 130.04% in the September 2021 quarter

Onward Technologies standalone net profit declines 38.49% in the September 2021 quarter

ICRA assigns BBB-/Positive long-term rating for bank facilities of Onward Technologies

Onward Technologies 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

Onward Technologies consolidated net profit rises 111.91% in the December 2021 quarter

Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HAL

Onward Tech zooms 5% on completion of 100% stake in NV Pune

Onward Technologies records 21% yoy growth in Q2 FY22 revenue

Onward Technologies consolidated net profit rises 130.04% in the September 2021 quarter

Onward Technologies standalone net profit declines 38.49% in the September 2021 quarter

ICRA assigns BBB-/Positive long-term rating for bank facilities of Onward Technologies

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