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

Buzzing Stocks: Infosys, Tata Elxsi, I-Sec, AngelOne, Bajaj Electricals, Punjab & Sind Bank, SREI Infra Fin, BHEL, BEML, De Nora, VRL Logistics, Oriental Rail, Glenmark Life Science

Stocks that will see action today

Lender becomes first to classify SREI Infra Finance and SREI Equipment Finance as fraud accounts, say sources; bank says the accounts fully provided for as per prudential norms

Punjab & Sind Bank declares SREI firms’ outstanding dues as fraud

While the Kanorias had moved court against the KPMG report, the latest move by Punjab & Sind Bank may prompt other banks to follow suit. The state-owned lender has declared both the non-performing loan accounts of Srei Infrastructure Finance and SREI Equipment Finance as frauds and reported these to…

Punjab & Sind Bank declares Srei loan accounts as frauds

SREI Infra Standalone December 2021 Net Sales at Rs 6.40 crore, up 188.77% Y-o-Y

SREI Infra Consolidated December 2021 Net Sales at Rs 834.42 crore, up 70.16% Y-o-Y

SREI Infrastructure Finance Ltd (SIFL), which owns 51 per cent equity in the fund management firm Trinity Alternative Investment Managers Ltd, is anticipating dilution of its shareholding in the subsidiary after its right issue.

NCLAT asks NCLT to decide on SREI Infrastructure Finance plea

NCLAT has asked the Kolkata bench of NCLT to decide over the plea of SREI Infrastructure Finance against the rights issue of its subsidiary Trinity Alternative Investment Managers

NCLT to decide on rights issue plea against Trinity Alternative Investment

A two-member NCLAT bench, while disposing of SREI Infrastructure Finance Ltd (SIFL) petition observed that the National Company Law Tribunal (NCLT) has ordered a status quo and is yet to pass any order over the plea filed by the non-banking financial company.

NCLAT directs NCLT to decide over SREI’s plea against rights issue of Trinity Alternative Investment

SIFL had sought an injunction against Trinity from proceeding with the rights issue as “it was being issued with a motive to dilute the shareholding of the appellant (SIFL) in the respondent company (Trinity)”. The NCLT had ordered “status quo” in its December 6 order.

Rights issue by subsidiary: NCLAT leaves it to NCLT bench to decide on Srei Infrastructure Finance plea

On October 4, 2021, the Reserve Bank of India (RBI) superseded the boards of the group firms -- Srei Infra Finance and Srei Equipment Finance

Trinity Alternative says no illicit transactions with Srei Group entities

Srei Infrastructure Finance, the main Srei company, holds 51% in Trinity, and the balance 49% equity is held by Payaash Capital, a Singapore-based entity.

RBI-appointed administrator moves court to retain Srei control over Trinity

Srei Infrastructure Finance Limited is an infrastructure finance company engaged in the business of financing of companies or of providing infrastructural facilities.

Srei Infrastructure Finance Ltd

Srei Infrastructure Finance 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

Stocks that will see action today

Punjab & Sind Bank declares SREI firms’ outstanding dues as fraud

Punjab & Sind Bank declares Srei loan accounts as frauds

SREI Infra Standalone December 2021 Net Sales at Rs 6.40 crore, up 188.77% Y-o-Y

SREI Infra Consolidated December 2021 Net Sales at Rs 834.42 crore, up 70.16% Y-o-Y

NCLAT asks NCLT to decide on SREI Infrastructure Finance plea

NCLT to decide on rights issue plea against Trinity Alternative Investment

Srei Infrastructure Finance 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

Stocks that will see action today

Punjab & Sind Bank declares SREI firms’ outstanding dues as fraud

Punjab & Sind Bank declares Srei loan accounts as frauds

SREI Infra Standalone December 2021 Net Sales at Rs 6.40 crore, up 188.77% Y-o-Y

SREI Infra Consolidated December 2021 Net Sales at Rs 834.42 crore, up 70.16% Y-o-Y

NCLAT asks NCLT to decide on SREI Infrastructure Finance plea

NCLT to decide on rights issue plea against Trinity Alternative Investment

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