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

HDFC Securities has initiated coverage on MM Forgings Ltd., Satin Creditcare Network Ltd., and Savita Oil Technologies Ltd.

MM Forgings, Satin Creditcare And Savita Oil: HDFC Securities Initiates Coverage With ‘Buy’

It is also reducing its risk by diversifying geographically.

Satin Creditcare - Worst Is Behind; Focus On Growth, Stable Asset Quality: HDFC Securities Initiates Coverage

Shares of Likhitha Infrastructure jumped over 8% in Friday’s trade, adding to its recent rise after ace investor Ashish Kacholia bought shares in the company. The scrip went ex-stock split today from Rs 10 to Rs 5 per share

Why are shares of NLC India, Talbros Automotive, Satin Creditcare and Likhitha Infra rising today?

Satin Creditcare Network consolidated net profit rises 422.37% in the September 2022 quarter

Satin Creditcare, Jay Jalaram Technologies Ltd., Electronics Mart India Ltd., Data Patterns(India)Ltd. and Best Agrolife, hit their fresh 52-week highs during the day.

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

Mcleod Russel India Ltd, Remsons Industries Ltd, Rossell India Ltd and Satin Creditcare Network Ltd are among the other losers in the BSE’s ‘B’ group today, 23 September 2022.

Saksoft Ltd leads losers in ‘B’ group

HP Singh CMD at Satin Creditcare talks about the company's dispersal, collection efficiency, and business outlook for FY23. Listen in.

#hpsingh #satincreditcare #businessoutlook #fy23 #cnbctv18 
#businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday 

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. #n18oc_business  Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action: https://www.cnbctv18.com/market/

Follow experts on the most vital topics: https://www.cnbctv18.com/expert-views/

Subscribe to our Channel: https://bit.ly/3nvEcxf

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

n18oc_business

HP Singh Speaks On Satin Creditcare's FY23 Business Outlook | Chartbusters | CNBC-TV18

Satin Creditcare Network Ltd, Maral Overseas Ltd, R&B Denims Ltd and Dynemic Products Ltd Partly Paidup are among the other losers in the BSE’s ‘B’ group today, 04 August 2022.

Satia Industries Ltd leads losers in ‘B’ group

The meeting will be held on Monday, July 11, 2022.

Satin Creditcare spurts ~3% ahead of Board Meeting to consider fund raising of up to Rs5,000 crore

A total of 19,250 secured, rated and redeemable non-convertible debentures (NCDs) of Rs 50,000 each have been issued to AAV Sarl and Masala Investments Sarl, Satin said in a regulatory filing on Friday.

Satin Creditcare raises Rs 96 cr by issuing bonds to two investors

AUM for the quarter and year ended 31st March 2022 stood at Rs. 7,617 crores.

Satin Creditcare Network stock hits 5% upper circuit after Q4 PAT at Rs21 crore

Satin Creditcare Network Ltd operates as a Non-Banking Finance Company.It provides individual loans to urban shopkeepers to purchase generators for their businesses and rural poor to meet their productive requirements in starting new businesses.

Satin Creditcare Network Ltd

Satin Creditcare Network 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

MM Forgings, Satin Creditcare And Savita Oil: HDFC Securities Initiates Coverage With ‘Buy’

Satin Creditcare - Worst Is Behind; Focus On Growth, Stable Asset Quality: HDFC Securities Initiates Coverage

Why are shares of NLC India, Talbros Automotive, Satin Creditcare and Likhitha Infra rising today?

Satin Creditcare Network consolidated net profit rises 422.37% in the September 2022 quarter

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

Saksoft Ltd leads losers in ‘B’ group

News Video

HP Singh Speaks On Satin Creditcare's FY23 Business Outlook | Chartbusters | CNBC-TV18

Satia Industries Ltd leads losers in ‘B’ group

Satin Creditcare spurts ~3% ahead of Board Meeting to consider fund raising of up to Rs5,000 crore

Satin Creditcare raises Rs 96 cr by issuing bonds to two investors

Satin Creditcare Network 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

MM Forgings, Satin Creditcare And Savita Oil: HDFC Securities Initiates Coverage With ‘Buy’

Satin Creditcare - Worst Is Behind; Focus On Growth, Stable Asset Quality: HDFC Securities Initiates Coverage

Why are shares of NLC India, Talbros Automotive, Satin Creditcare and Likhitha Infra rising today?

Satin Creditcare Network consolidated net profit rises 422.37% in the September 2022 quarter

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

Saksoft Ltd leads losers in ‘B’ group

News Video

HP Singh Speaks On Satin Creditcare's FY23 Business Outlook | Chartbusters | CNBC-TV18

Satia Industries Ltd leads losers in ‘B’ group

Satin Creditcare spurts ~3% ahead of Board Meeting to consider fund raising of up to Rs5,000 crore

Satin Creditcare raises Rs 96 cr by issuing bonds to two investors

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