Intrinsic Value

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

On March 17, Hazel Mercantile, in partnership with Swan Energy, emerged the winner with 95% of the committee of creditors approving its resolution plan. The lenders later issued a letter of intent terming it the winning bidder.

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL has called the resolution plan submitted by the consortium of Swan Energy and Hazel Mercantile a ‘flagrant breach’ of IBC Section 29A

JSPL challenges Swan-Hazel bid for Reliance Naval

The corporate insolvency resolution proceedings (CIRP) of Reliance Naval are underway at National Company Law Tribunal (NCLT), Ahmedabad.

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Swan Energy will provide the performance bank guarantee as per the norms by Tuesday, following which the Committee of Creditors (CoC) will refer the winning bid for ratification to NCLT.

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel Mercantile-Swan Energy received the highest percentage of votes even as Reliance Infrastructure (RInfra), another Anil Ambani company, last Friday made an attempt to regain control of Reliance Naval by submitting a resolution plan that was reportedly better than those offered by the two other …

Hazel-Swan consortium wins race for Reliance Naval

Anil Ambani-led Reliance Infrastructure’s last-minute offer to wrest back control of shipyard rejected by lenders.

Nikhil Merchant-led consortium wins race for Reliance Naval

By noon today, nearly 77.5 per cent voting was completed with lead creditor IDBI Bank and other lenders like SBI participating in the voting on Hazel Mercantile’s Rs 2,700 crore bid for Anil Ambani’s bankrupt shipyard.

Reliance Naval bidder crosses crucial threshold

As part of this last-ditch effort, Ambani has moved to torpedo Mumbai-based industrialist Nikhil V. Merchant’s bid by questioning his eligibility to participate in the bidding for Reliance Naval.

Anil Ambani mounts last-ditch challenge to wrest back control of Reliance Naval

Reliance Infrastructure made the offer on Friday under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), which gives tribunals the power to permit withdrawal of an application from insolvency proceedings provided 90% of the lenders by value of debt agreed to it.

Reliance Infra submits resolution plan for Reliance Naval & Engineering

The two bidders for Reliance Naval and Engineering are a consortium of Swan Energy and Hazel Mercantile and Naveen Jindals company Jindal Steel and Power Limited, sources said.

Voting extended on Reliance Naval bids till 15 March

Banks have an exposure of ₹13,000 crore in the company

Reliance Naval bid: Close fight likely between JSPL and Swan Energy-led consortium

Reliance Naval and Engineering is a defense company engaged in shipbuilding and fabrication

Reliance Naval and Engineering Ltd

Reliance Naval and 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

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL challenges Swan-Hazel bid for Reliance Naval

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel-Swan consortium wins race for Reliance Naval

Nikhil Merchant-led consortium wins race for Reliance Naval

Reliance Naval bidder crosses crucial threshold

Reliance Naval and 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

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL challenges Swan-Hazel bid for Reliance Naval

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel-Swan consortium wins race for Reliance Naval

Nikhil Merchant-led consortium wins race for Reliance Naval

Reliance Naval bidder crosses crucial threshold

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