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

Supply chain challenges are easing across the value chain, both for inward and outward materials: Pitti Engineering MD

Pitti Engineering net down 23% on supply chain constraints

Pitti Engineering Q2 PAT declines 22%

Arihant Capital is bullish on Pitti Engineering has recommended buy rating on the stock with a target price of Rs 447 in its research report dated August 17, 2022.

Buy Pitti Engineering; target of Rs 447: Arihant Capital

Revenue increases 77 per cent to ₹311 crore

Pitti Engineering net up 59 pc on higher demand

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

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

Pitti Engineering net down 23% on supply chain constraints

Pitti Engineering Q2 PAT declines 22%

Buy Pitti Engineering; target of Rs 447: Arihant Capital

Pitti Engineering net up 59 pc on higher demand

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 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

Pitti Engineering net down 23% on supply chain constraints

Pitti Engineering Q2 PAT declines 22%

Buy Pitti Engineering; target of Rs 447: Arihant Capital

Pitti Engineering net up 59 pc on higher demand

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

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