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

Red Flags Found

On April 12, Tata Steel said its subsidiary Tata Steel Mining Ltd (TSML) has completed the acquisition of 90 per cent stake in RFT in accordance with the approved resolution plan under Insolvency and Bankruptcy Code 2016.

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech | The Financial Express

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech

Tata Steel Mining receives NCLT approval for acquisition of Rohit Ferro-Tech

The NCLT, Kolkata Bench in February, 2020 admitted the State Bank of India’s petition for initiation of the Corporate Insolvency Resolution Process (CIRP) against RFTL under Section 7 of the Insolvency and Bankruptcy Code

NCLT clears resolution plan for Rohit Ferro-Tech | The Financial Express

CoC had declared Tata Steel Mining as the successful resolution applicant for acquisition of Rohit Ferro-Tech

NCLT Kolkata bench approves Tata Steel Mining’s resolution plan for debt laden Rohit Ferro-Tech

Tata Steel is also in the process to acquire Odisha-based Stork Ferro and Mineral Industries for Rs 155 crore in an all-cash deal.

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech | The Financial Express

On June 6, 2021, Tata Steel had informed that the Committee of Creditors (CoC) in terms of the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016, declared Tata Steel Mining Limited as the successful resolution applicant for the acquisition of Rohit Ferro-Tech Ltd, su…

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech

RFTL had defaulted on its outstanding loan of ₹1,792 crore in 2018

Lenders approve Tata Steel arm’s bid for Rohit Ferro-Tech

The committee of creditors (CoC) approved the Tata Steel Mining resolution plan last Saturday with the requisite majority.

Tata Steel subsidiary’s resolution plan for Rohit Ferro-Tech filed with NCLT

Tata Steel Mining has accepted the LoI for the acquisition of RFT under the CIRP of the Insolvency and Bankruptcy Code 2016.

Tata Steel gains 2% after subsidiary identified as the successful resolution applicant for acquisition of Rohit Ferro-Tech

The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company

Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech

Rohit Ferro-Tech Limited is a ferro-chrome manufacturing company engaged in manufacturing of chromium and manganese-based ferro alloys.

Rohit Ferro-Tech Ltd

Rohit Ferro-Tech 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

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech | The Financial Express

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech

Tata Steel Mining receives NCLT approval for acquisition of Rohit Ferro-Tech

NCLT clears resolution plan for Rohit Ferro-Tech | The Financial Express

NCLT Kolkata bench approves Tata Steel Mining’s resolution plan for debt laden Rohit Ferro-Tech

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech | The Financial Express

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech

Rohit Ferro-Tech 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

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech | The Financial Express

Tata Steel Mining completes 100 pc acquisition of Rohit Ferro-Tech

Tata Steel Mining receives NCLT approval for acquisition of Rohit Ferro-Tech

NCLT clears resolution plan for Rohit Ferro-Tech | The Financial Express

NCLT Kolkata bench approves Tata Steel Mining’s resolution plan for debt laden Rohit Ferro-Tech

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech | The Financial Express

NCLT approves Tata Steel Mining’s resolution plan for Rohit Ferro-Tech

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