Current price is more 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

The stock of PG Electroplast has surged 30 per cent in two days after the company posted strong operational performance in March 2022 quarter (Q4FY22) that signaled robust outlook.

This consumer electronics stock zoomed 2500% in 2 years; hits new high

PG Electroplast said that its wholly-owned subsidiary PG Technoplast has signed a memorandum of understanding (MoU) with Government of Maharashtra for investing Rs 315 crore in the State.

PG signs MoU with Government of Maharashtra

Broker’s call: PG Electroplast (Buy)

The company will purchase 2.06 MW / 3.10 MWp Solar Power generated at the Solar Power Plant to meet the electricity requirement for the company’s manufacturing plants at Greater Noida.

PG Electroplast to acquire 10.1% stake in Solarstream Renewable Services

Contract manufacturer PG Electroplast has risen by more than 50% this month. The company's product business includes consumer durables and boasts of clients like LG, Voltas, Havells etc. 

The company has re-entered the TV manufacturing industry and is also a PLI licensee for AC Components. ICICI Securities expects topline compounded growth 50% over the next three years, for the product business segment, which constitutes 27% of total revenues. Peer Dixon Tech has almost 8 times the capacity for TV manufacturing. 

Key risks include demand slowdown, market share loss for key customers, supply-chain issues and cost inflation.
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What's The Story PG Electroplast's December Rally?

The company is a fully integrated facility with SMT lines for PC Assembly, Clean Room for LCM Module Assembly, Final Product Assembly and Plastic Moulding.

PG Electroplast begins LED TV manufacturing; Stock rallies over 3%

It has an annual installed capacity of 500,000 units of televisions with screen sizes up to 70 inches

PG Electroplast begins TV manufacturing

Commences production of LED TVs at its Greater Noida facility

PG Electroplast re-enters business of TV manufacturing

The ratings of PGEL, part of the PG group have been reaffirmed at CRISIL A-/Stable/CRISIL A2+.

CRISIL reaffirms ratings on bank loan facilities of PG Electroplast

The equity shares were allotted after the conversion of 3,35,000 fully convertible warrants on a preferential basis to promoters and non-promoters of the company.

PG Electroplast hits record high after allotment of 3.35 lakh equity shares pursuant to conversion of warrants

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 21,22,48,660/-divided into 2,12,24,866 Equity Shares of face value of Rs.10/- each.

PG Electroplast allots 3.35 lakh equity shares on conversion of warrants

PG Electroplast Limited is a electronic manufacturer services (EMS) provider for original equipment manufacturers of consumer electronic products. The Company operates in the Electronic goods and services segment.

PG Electroplast Ltd

PG Electroplast 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

This consumer electronics stock zoomed 2500% in 2 years; hits new high

PG signs MoU with Government of Maharashtra

Broker’s call: PG Electroplast (Buy)

PG Electroplast to acquire 10.1% stake in Solarstream Renewable Services

News Video

What's The Story PG Electroplast's December Rally?

PG Electroplast begins LED TV manufacturing; Stock rallies over 3%

PG Electroplast begins TV manufacturing

PG Electroplast 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

This consumer electronics stock zoomed 2500% in 2 years; hits new high

PG signs MoU with Government of Maharashtra

Broker’s call: PG Electroplast (Buy)

PG Electroplast to acquire 10.1% stake in Solarstream Renewable Services

News Video

What's The Story PG Electroplast's December Rally?

PG Electroplast begins LED TV manufacturing; Stock rallies over 3%

PG Electroplast begins TV manufacturing

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