Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

Panama Petrochem fell 4.04% to Rs 305 on profit selling after recent steep gains.

Panama Petrochem corrects on profit selling

In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.

Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake

Panama Petrochem rose 15.66% to Rs 297.70 after veteran investor Ramesh Damani acquired 1.26% stake in the company in October-December 2021 quarter.

Panama Petrochem spurts after Ramesh Damani buys stake

Veteran investor Ramesh Damani has bought 1.26% stake in Panama Petrochem, BSE shareholding data showed

Ramesh Damani buys stake in multibagger stock that has surged 190% in a year

GRP Ltd, Panama Petrochem Ltd, Shreyans Industries Ltd and Seshasayee Paper & Boards Ltd are among the other gainers in the BSE’s ‘B’ group today, 05 January 2022.

Starlineps Enterprises Ltd leads gainers in ‘B’ group

Data showed Damani held 6,16,379 shares of Panama Petrochem as of December 31. He was not among key shareholders in the company as of September 30.

After Anil Goel, Ramesh Damani also buys this smallcap

Panama Petrochem standalone net profit rises 195.14% in the September 2021 quarter

Panama Petrochem consolidated net profit rises 1436.24% in the June 2021 quarter

The stock of Panama Petrochem is buzzing in trade being up more than 50% in the last three months. CARE Ratings has also upgraded their short term as well as long term borrowing facilities. Hussein Rayani, the Joint Managing Director of the company, joins in to give us a sense on how this will change their business and also to tells their current capacity and the utilisation levels which they are functioning at.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #HusseinRayani #PanamaPetrochem

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Panama Petrochem's Hussein Rayani Shares Their Biz Plans | Chartbusters | CNBC-TV18

The credit rating agency upgraded the rating, on long-term bank facilities of the company from CARE A- with a Stable outlook to CARE A; Stable.

CARE upgrades credit rating of Panama Petrochem bank facilities; Stock hits record high

CARE Ratings has upgraded the credit rating on the bank facilities of Panama Petrochem worth Rs 649 crore, on the basis of recent developments including operational and financial performance of the company.

CARE Ratings upgrades credit ratings of Panama Petrochem

Panama Petrochem Limited manufactures and exports petroleum specialty products. The Company's products include mineral oils, liquid paraffin, transformer oils, petroleum jellies and ink oils.

Panama Petrochem Ltd

Panama Petrochem 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

Panama Petrochem corrects on profit selling

Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake

Panama Petrochem spurts after Ramesh Damani buys stake

Ramesh Damani buys stake in multibagger stock that has surged 190% in a year

Starlineps Enterprises Ltd leads gainers in ‘B’ group

After Anil Goel, Ramesh Damani also buys this smallcap

Panama Petrochem standalone net profit rises 195.14% in the September 2021 quarter

Panama Petrochem 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

Panama Petrochem corrects on profit selling

Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake

Panama Petrochem spurts after Ramesh Damani buys stake

Ramesh Damani buys stake in multibagger stock that has surged 190% in a year

Starlineps Enterprises Ltd leads gainers in ‘B’ group

After Anil Goel, Ramesh Damani also buys this smallcap

Panama Petrochem standalone net profit rises 195.14% in the September 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

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