Current price is less 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

Ruby Mills surged 5.94% to Rs 424.65 after the company said it has repaid entire term loans and all unsecured loans aggregating Rs 145 crore.

Ruby Mills spurts on repaying loans

Ruby Mills Ltd has sold the 23rd and 24th floors of commercial space spread across an area of 55,383.65 sq. ft to Polycab India Ltd, the transfer deed showed.

Polycab India buys commercial space in Mumbai for Rs 202 crore

Dynacons Systems & Solutions Ltd, Gandhi Special Tubes Ltd, Ruby Mills Ltd and Nahar Industrial Enterprises Ltd are among the other gainers in the BSE’s ‘B’ group today, 13 April 2022.

Prabhat Technologies (India) Ltd leads gainers in ‘B’ group

Precision Wires India Ltd, Khaitan Chemicals & Fertilizers Ltd, Nectar Lifescience Ltd and Ruby Mills Ltd are among the other gainers in the BSE’s ‘B’ group today, 17 January 2022.

Salona Cotspin Ltd leads gainers in ‘B’ group

Coastal Corp, Ruby Mills, Coffee Day Ent, Manaksia Steels and Guj Mineral Dev., hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Coastal Corporation continued to hit the upper circuit, along with Ruby Mills and GMDC. Paytm found some buyers at the lower levels. Among the losers, Motherson Sumi gained buzz ahead of demerger plans. Tata Teleservices and Sintex hit lower circuits of 5 per cent each.

Biggest gainers & losers of the day: Coastal Corp, GMDC hit upper circuit, Motherson Sumi plunges

The Company has made payment of requisite premium to the Municipal Corporation of Greater Mumbai (MCGM) and the State Government.

Ruby Mills stock rallies over 3% after receiving occupation certificate for ‘The Ruby’ tower

Coastal Corporation Ltd, Ruby Mills Ltd, Electrotherm (India) Ltd and Coral India Finance & Housing Ltd are among the other gainers in the BSE’s ‘B’ group today, 14 January 2022.

Coffee Day Enterprises Ltd leads gainers in ‘B’ group

The rating on long-term bank facilities Rs267.52cr is at BWR BBB - /Stable and short-term facilities Rs12.80cr at BWR A3.

Brickwork upgrades rating for bank facilities of Ruby Mills; Stock climbs 2%

The payment is to amend the plans and to enable endorsement of Commencement Certificate for ‘The Ruby’ tower at Dadar, Mumbai.

Ruby Mills completes substantial payment of premium to MCGM; Stock climbs 3.5%

Kovai Medical Center & Hospital Ltd, Nahar Capital & Financial Services Ltd, Nahar Polyfilms Ltd and Ruby Mills Ltd are among the other gainers in the BSE’s ‘B’ group today, 03 August 2021.

Cineline India Ltd leads gainers in ‘B’ group

The Ruby Mills Limited is engaged in textile manufacturing and real estate development.

Ruby Mills Ltd

Ruby Mills 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

Ruby Mills spurts on repaying loans

Polycab India buys commercial space in Mumbai for Rs 202 crore

Prabhat Technologies (India) Ltd leads gainers in ‘B’ group

Salona Cotspin Ltd leads gainers in ‘B’ group

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Biggest gainers & losers of the day: Coastal Corp, GMDC hit upper circuit, Motherson Sumi plunges

Ruby Mills stock rallies over 3% after receiving occupation certificate for ‘The Ruby’ tower

Ruby Mills 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

Ruby Mills spurts on repaying loans

Polycab India buys commercial space in Mumbai for Rs 202 crore

Prabhat Technologies (India) Ltd leads gainers in ‘B’ group

Salona Cotspin Ltd leads gainers in ‘B’ group

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Biggest gainers & losers of the day: Coastal Corp, GMDC hit upper circuit, Motherson Sumi plunges

Ruby Mills stock rallies over 3% after receiving occupation certificate for ‘The Ruby’ tower

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