Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating 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

Sirca Paints Standalone March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated December 2021 Net Sales at Rs 53.20 crore, up 16.13% Y-o-Y

De Nora India, KDDL Ltd, Mirza Intnl, Sirca Paints and Bhagyanagar Properti, hit their fresh 52-week highs during the day.

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

Sirca Paints, KDDL Ltd, Mukta Arts, Kotyark Industries Ltd. and Talbros Auto, hit their fresh 52-week highs at 10:45AM.

Stock market update: Stocks that hit 52-week highs on NSE

Sirca Paints Consolidated September 2021 Net Sales At Rs 60.60 Crore, Up 59.05% Y-o-Y

Sirca Paints India reports consolidated net profit of Rs 10.16 crore in the September 2021 quarter

Sirca’s growth story appears interesting, but the track record is patchy and consistency in execution remains the key

Discovery Series: Sirca Paints India Stock Has So Much Room To Run

Sirca Paints Standalone June 2021 Net Sales At Rs 32.13 Crore, Up 174.81% Y-o-Y

Sirca Paints India Limited is an India-based manufacturers of wood coating products. The Company is principally involved in manufacturing, sales, and exports of wood coatings and other decorative paints under the brands Sirca, Unico, and others. The company is involved in the business of import and distribution of total product range of Sirca S.P.A. Italy. Its product range includes polyurethane coatings (PU) products, stains, acrylic polyurethane coatings (PU), polyester, Wall paints, and ultraviolet (U.V.) products. Its paints and textures include interior, exterior, wall primer, finishes/effects, and wall putty. Its interior products include SIRCA AMORE GLOSS Emulsion, SIRCA DOUBLE FACE Emulsion, and SIRCA FRESCO MATT. Its exterior products include SIRCA ROSSA Weatherproof Emulsion, and SIRCA STELLAR Economy Emulsion. It also provides wood coatings, metal coating, and glass coatings.

Sirca Paints India Ltd

Sirca Paints 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

Sirca Paints Standalone March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated December 2021 Net Sales at Rs 53.20 crore, up 16.13% Y-o-Y

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

Stock market update: Stocks that hit 52-week highs on NSE

Sirca Paints Consolidated September 2021 Net Sales At Rs 60.60 Crore, Up 59.05% Y-o-Y

Sirca Paints Consolidated September 2021 Net Sales At Rs 60.60 Crore, Up 59.05% Y-o-Y

Sirca Paints 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

Sirca Paints Standalone March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated March 2022 Net Sales at Rs 54.10 crore, up 13.69% Y-o-Y

Sirca Paints Consolidated December 2021 Net Sales at Rs 53.20 crore, up 16.13% Y-o-Y

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

Stock market update: Stocks that hit 52-week highs on NSE

Sirca Paints Consolidated September 2021 Net Sales At Rs 60.60 Crore, Up 59.05% Y-o-Y

Sirca Paints Consolidated September 2021 Net Sales At Rs 60.60 Crore, Up 59.05% Y-o-Y

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