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

Stovec Industries standalone net profit declines 9.62% in the March 2022 quarter

Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

Rain Industries and Stovec Industries will announce their earnings for quarter ended on December 31, 2021.

Stocks in the news: Rain Industries, Voda Idea, IndiGo, Bharat Forge and IFCI

Company will continue to make production of sugar sieves for Atul.

Stovec Industries announces termination of contract for manufacturing sugar sieves

Stovec Industries update on contract manufacturing agreement with Atul Sugar Screens

Stovec Industries reports standalone net profit of Rs 6.82 crore in the June 2021 quarter

BRIEF-Stovec Industries Says March-Quarter Net Profit Rises

Board of Stovec Industries approves change in directorate

Stovec Industries standalone net profit declines 16.99% in the December 2020 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Stovec Industries March Quarter Net Profit Falls - Investing.com India

Stovec Industries Limited (Stovec) is engaged in the development & production of consumables for their use in textile & graphic printing industry. It's products & services include perforated rotary screens & automatic rotary screen printing machine.

Stovec Industries Ltd

Stovec Industries 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

Stovec Industries standalone net profit declines 9.62% in the March 2022 quarter

Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

Stocks in the news: Rain Industries, Voda Idea, IndiGo, Bharat Forge and IFCI

Stovec Industries announces termination of contract for manufacturing sugar sieves

Stovec Industries update on contract manufacturing agreement with Atul Sugar Screens

Stovec Industries reports standalone net profit of Rs 6.82 crore in the June 2021 quarter

BRIEF-Stovec Industries Says March-Quarter Net Profit Rises

Stovec Industries 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

Stovec Industries standalone net profit declines 9.62% in the March 2022 quarter

Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

Stocks in the news: Rain Industries, Voda Idea, IndiGo, Bharat Forge and IFCI

Stovec Industries announces termination of contract for manufacturing sugar sieves

Stovec Industries update on contract manufacturing agreement with Atul Sugar Screens

Stovec Industries reports standalone net profit of Rs 6.82 crore in the June 2021 quarter

BRIEF-Stovec Industries Says March-Quarter Net Profit Rises

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