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

Supreme Industries declared a special dividend of Rs 6/- per equity share. The stock shall trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend amounting to Rs 18 per share. On Friday, the scrip was trading 1.63% higher at Rs 2,237.10, over its la…

Tech Mahindra among 10 stocks to trade ex-dividend this week

Geojit recommended accumulate rating on Supreme Industries with a target price of Rs 2446 in its research report dated November 04, 2022.

Accumulate Supreme Industries; target of Rs 2446: Geojit

Here is what the charts say about the shares of Engineers India, Glenmark Pharmaceuticals and Supreme Industries

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With a market valuation of ₹28,417.18 crore, Supreme Industries Ltd (SIL). is a large-cap industrial firm.

Debt-free multibagger stock to pay 300% dividend, analysts see new high ahead

Anand Rathi is bullish on Supreme Industries has recommended buy rating on the stock with a target price of Rs 2730 in its research report dated November 02, 2022.

Buy Supreme Industries; target of Rs 2730: Anand Rathi

Broker’s Call: Supreme Industries (Buy)

ICICI Direct is bullish on Supreme Industries recommended buy rating on the stock with a target price of Rs 2600 in its research report dated November 01, 2022.

Buy Supreme Industries; target of Rs 2600: ICICI Direct

Results Review for Larsen & Toubro, Tata Power, and Supreme Industries

With polymer prices likely to bottom‐ out, management believes margins to come in at 12‐12.5% for FY23.

Supreme Industries Q2 Results Review - Margins To Revive From H2 FY23: Yes Securities

The company had posted a net profit of Rs 228.71 crore during the July-September quarter of the previous fiscal, Supreme Industries Ltd said in a regulatory filing.

Supreme Industries Q2 profit falls 64% to Rs 82 crore; sales up 8 pc to Rs 2,087 crore

Supreme Industries reported 54% drop in net profit to Rs 104.09 crore despite an 8% increase in revenue from operations to Rs 2,086.58 crore in Q2 FY23 over Q2 FY22.

Supreme Industries Q2 PAT down 54% YoY

The Supreme Industries Limited is an India-based plastic products manufacturing company. The Company has approximately 25 manufacturing facilities spread across the country, offering a comprehensive range of plastic products in India. The Company’s products designed and manufactured in the various group, including Plastic Piping System, Consumer Products, Industrial Products and Packaging Products. Its Plastic Piping System division offers various products, including unplasticized poly vinyl chloride (uPVC) pipes, injection molded polyvinyl chloride (PVC) fittings and handmade fittings, polypropylene random co-polymer pipe system, high density polyethylene (HDPE) pipe systems and other. Its Consumer Products division is engaged in furniture. Its Industrial Products division offers industrial components, material handling system and pallets-roto molded crates, pallets and garbage bins and composite liquefied petroleum gas cylinders.

Supreme Industries Ltd

Supreme 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

Tech Mahindra among 10 stocks to trade ex-dividend this week

Accumulate Supreme Industries; target of Rs 2446: Geojit

Stocks that will see action this week

Debt-free multibagger stock to pay 300% dividend, analysts see new high ahead

Buy Supreme Industries; target of Rs 2730: Anand Rathi

Broker’s Call: Supreme Industries (Buy)

Buy Supreme Industries; target of Rs 2600: ICICI Direct

Supreme 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

Tech Mahindra among 10 stocks to trade ex-dividend this week

Accumulate Supreme Industries; target of Rs 2446: Geojit

Stocks that will see action this week

Debt-free multibagger stock to pay 300% dividend, analysts see new high ahead

Buy Supreme Industries; target of Rs 2730: Anand Rathi

Broker’s Call: Supreme Industries (Buy)

Buy Supreme Industries; target of Rs 2600: ICICI Direct

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