Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating 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

Value of pledged-promoter holdings at ₹Rs 2.1 lakh crore

Sundaram Clayton, Spandana Sphoorty promoters pledged shares in March quarter

Reddy quit abruptly in November 2021, following differences with the private equity investor on the future of the MFI, and on selling it

Lenders seek urgent talks between Reddy and Spandana Sphoorty

Subex Ltd, Suryoday Small Finance Bank Ltd, Spandana Sphoorty Financial Ltd and Dhani Services Ltd are among the other losers in the BSE’s ‘A’ group today, 28 March 2022.

Valiant Organics Ltd leads losers in ‘A’ group

Spandana called a board meeting on March 18 and announced the appointments of Saxena as MD and Ashish Damani as chief financial officer for five years with effect from March 19.

Spandana Sphoorty’s founder and former MD Padmaja Reddy moves court

Buzzing stocks: Reliance Ind, Sintex Ind, Jindal Steel, HDFC, Spandana Sphoorty Financial NBCC (India), Strides Pharma, SMS Pharma, Wockhardrt, Pidilite, Ruchi Soya, Kopran, Dodla Dairy, Deccan Gold Mines, Selan Exploration

Stocks that will see action today

The MFI, backed by private equity fund Kedaara Capital, experienced a jolt in November 2021 after Padmaja Reddy, founder and managing director (MD), quit abruptly.

Spandana Sphoorty looks to steady ship after over 4 months of uncertainty

Spandana Sphoorty Financial added 3.49% to Rs 360.75 after the company said that its board has approved the issuance of non-convertible debentures (NCDs) aggregating upto Rs 35 crore on private placement basis.

Spandana Sphoorty rises after board OKs Rs 35-cr NCD issue

Spandana Sphoorty Financial a meeting of the management committee of the board of directors is scheduled to be held on Thursday, 10 March 2022 to consider fund raising plans.

Spandana Sphoorty to mull NCD issue of March 10

Founder accuses Kedaara of undermining rights of minority shareholders

Spandana Sphoorty founder is not giving up without a fight

Microfinance lender Spandana Sphoorty Financial faces fresh troubles over fundraising as some minority shareholders get ready to challenge the plan to allot preference shares in favour of private equity firm Kedaara Capital, the principal investor with 45.5% holding.

Fresh trouble brewing at Spandana Sphoorty: Padmaja Reddy to challenge preferential allotment to Kedaara Capital

The company had put disbursements on hold in Q3FY22 after its managing director Padmaja Reddy resigned abruptly last November

Spandana Sphoorty Financial Ltd

Spandana Sphoorty Financial 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

Sundaram Clayton, Spandana Sphoorty promoters pledged shares in March quarter

Lenders seek urgent talks between Reddy and Spandana Sphoorty

Valiant Organics Ltd leads losers in ‘A’ group

Spandana Sphoorty’s founder and former MD Padmaja Reddy moves court

Stocks that will see action today

Spandana Sphoorty looks to steady ship after over 4 months of uncertainty

Spandana Sphoorty rises after board OKs Rs 35-cr NCD issue

Spandana Sphoorty Financial 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

Sundaram Clayton, Spandana Sphoorty promoters pledged shares in March quarter

Lenders seek urgent talks between Reddy and Spandana Sphoorty

Valiant Organics Ltd leads losers in ‘A’ group

Spandana Sphoorty’s founder and former MD Padmaja Reddy moves court

Stocks that will see action today

Spandana Sphoorty looks to steady ship after over 4 months of uncertainty

Spandana Sphoorty rises after board OKs Rs 35-cr NCD issue

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