Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating 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

Multibagger stock: Ventura Securities believes that Pitti Engineering share price may go up to ₹550 per share levels in long term

Multibagger stock: Ventura Securities sees huge upside in this engineering share

Dynacons Systems & Solutions Ltd, Selan Explorations Technology Ltd, Pitti Engineering Ltd and Fertilizers & Chemicals Travancore Ltd are among the other losers in the BSE’s ‘B’ group today, 20 June 2022.

Vivimed Labs Ltd leads losers in ‘B’ group

Arihant Capital is bullish on Pitti Engineering has recommended buy rating on the stock with a target price of Rs 436 in its research report dated May 24, 2022.

Buy Pitti Engineering; target of Rs 436: Arihant Capital

Pitti Engineering net down marginally

Company’s PAT for FY22 was reported at Rs51.89 crore as compared to Rs28.78 crore in FY21, registering a growth of 80.30% yoy.

Pitti Engineering logs 80.30% yoy growth in FY22; stock ends ~4% lower

Buzzing stocks: Adani Ports, Olectra, Marico, Maruti, Natco Pharma, Pitti Engineering, Schaeffler, Rupa, Khaitan Chem, Apex Frozen, Bank of India, Amrutanjan, Grasim, Latent View, Zee Media

Stocks that will see action today (May 24)

Pitti Engineering consolidated net profit declines 5.70% in the March 2022 quarter

Broker’s call: Pitti Engineering (Buy)

Arihant Capital is bullish on Pitti Engineering has recommended buy rating on the stock with a target price of Rs 438 in its research report dated April 29, 2022.

Buy Pitti Engineering; target of Rs 438: Arihant Capital

Pitti Engineering Ltd, has declared its financial results for the Quarter ended December 31, 2021.

Pitti Engineering PAT was at Rs11.52 crore in Q3FY22

The company reported 71 per cent increase in December quarter net profit

Pitti Engineering bags new orders

Pitti Engineering is engaged in manufacturing of electrical laminations and stampings

Pitti Engineering Ltd

Pitti Engineering 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

Multibagger stock: Ventura Securities sees huge upside in this engineering share

Vivimed Labs Ltd leads losers in ‘B’ group

Buy Pitti Engineering; target of Rs 436: Arihant Capital

Pitti Engineering net down marginally

Pitti Engineering logs 80.30% yoy growth in FY22; stock ends ~4% lower

Stocks that will see action today (May 24)

Pitti Engineering consolidated net profit declines 5.70% in the March 2022 quarter

Pitti Engineering 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

Multibagger stock: Ventura Securities sees huge upside in this engineering share

Vivimed Labs Ltd leads losers in ‘B’ group

Buy Pitti Engineering; target of Rs 436: Arihant Capital

Pitti Engineering net down marginally

Pitti Engineering logs 80.30% yoy growth in FY22; stock ends ~4% lower

Stocks that will see action today (May 24)

Pitti Engineering consolidated net profit declines 5.70% in the March 2022 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