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

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

This has been a historic year for Sangam India as it records it highest ever revenues and net profits since its inception in 1984. Q4 FY 22 also marks the best performing quarter as net profits of the company rose by 61.45% Y-o-Y.

Sangam (India) achieves highest ever revenue and net profit since inception

Sangam India Consolidated December 2021 Net Sales At Rs 649.80 Crore, Up 47.6% Y-o-Y

The company will set up multiple manufacturing units with focus on spinning, weaving, garments, knitting and processing

Sangam India to invest ₹1,521 cr in Rajasthan over 2 years

The MoU is for investment to the extent of Rs1521cr in proposed Projects of the Company.

Sangam India to ink MoU with Rajasthan govt during ‘Investment Summit’

The total cost of the expansion project is funded partly by term loans of Rs 102 crore and balance Rs 35.25 crore by internal accruals. The move is aimed at increasing the capacity of their cotton yarn business by 47 per cent and knitted fabric business by 28 per cent.

Sangam India to invest Rs 137.2 cr for expansion of manufacturing facility

Project to be funded by term loan and internal accruals

Sangam India to invest ₹137 crore to expand manufacturing capacity

Sangam India stock has been locked at a 5% upper circuit due to a good Q2 performance on a low base. It is also because the company has raised ₹103 crores from Madhusudan and Madhuri Kela. To talk about these developments and the quarterly earnings, we are joined in by the Managing Director and CEO of the company, SN Modani.

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Sangam India's SN Modani On Their Q2 Earnings & Fund Raise | Chartbusters | CNBC-TV18

The company raises Rs103cr from the Promoters and Madhuri Madhusudan Kela.

Sangam India stock hits fresh 52-week high after revenue more than doubles to Rs635cr in Q2FY22

Buzzing stocks: Reliance, L&T Fin, Tata Communications, Jubilant Foodworks, Sangam India, CAMS, HFCL, HCL Tech, Deepak Fertilisers

Stocks that will see action today (October 20)

Sangam India Consolidated September 2021 Net Sales At Rs 638.68 Crore, Up 104.42% Y-o-Y

Sangam India Consolidated June 2021 Net Sales At Rs 411.17 Crore, Up 277.71% Y-o-Y

Sangam (India) Limited is engaged in textile sector. The Company manufactures polyester viscose (PV) yarn.

Sangam (India) Ltd

Sangam (India) 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

Sangam (India) achieves highest ever revenue and net profit since inception

Sangam India Consolidated December 2021 Net Sales At Rs 649.80 Crore, Up 47.6% Y-o-Y

Sangam India to invest ₹1,521 cr in Rajasthan over 2 years

Sangam India to ink MoU with Rajasthan govt during ‘Investment Summit’

Sangam India to invest Rs 137.2 cr for expansion of manufacturing facility

Sangam India to invest ₹137 crore to expand manufacturing capacity

News Video

Sangam India's SN Modani On Their Q2 Earnings & Fund Raise | Chartbusters | CNBC-TV18

Sangam (India) 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

Sangam (India) achieves highest ever revenue and net profit since inception

Sangam India Consolidated December 2021 Net Sales At Rs 649.80 Crore, Up 47.6% Y-o-Y

Sangam India to invest ₹1,521 cr in Rajasthan over 2 years

Sangam India to ink MoU with Rajasthan govt during ‘Investment Summit’

Sangam India to invest Rs 137.2 cr for expansion of manufacturing facility

Sangam India to invest ₹137 crore to expand manufacturing capacity

News Video

Sangam India's SN Modani On Their Q2 Earnings & Fund Raise | Chartbusters | CNBC-TV18

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