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

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Suraj Products standalone net profit rises 387.61% in the September 2021 quarter

Suraj Products conducts business throughout India.

Suraj Products to shut down its plant for annual maintenance; Stock trades higher

Suraj Products standalone net profit rises 322.36% in the June 2021 quarter

Suraj Products Standalone March 2021 Net Sales At Rs 71.24 Crore, Up 57.77% Y-o-Y

Suraj Products standalone net profit rises 398.53% in the December 2020 quarter

BRIEF-Suraj Products Dec-Quarter Profit Rises

Suraj Products Limited is an India-based company that is engaged in production of sponge iron by direct reduction of iron ore, pig iron, ingots/billet, thermo mechanical treatment (TMT) bars and generation of power. The Company operates through finished products from iron ore segment. The Company produces approximately 38,326 metric tons of sponge iron. The Company produces over 25,483 metric tons of pig iron. The Company produces approximately 52,162 metric tons of ingot/billet. The Company produces over 42,752 metric tons of TMT bars. The Company's manufacturing plant is located at Sundergarh district, Orissa.

Suraj Products Ltd

Suraj Products 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

Suraj Products standalone net profit rises 387.61% in the September 2021 quarter

Suraj Products to shut down its plant for annual maintenance; Stock trades higher

Suraj Products standalone net profit rises 322.36% in the June 2021 quarter

Suraj Products Standalone March 2021 Net Sales At Rs 71.24 Crore, Up 57.77% Y-o-Y

Suraj Products standalone net profit rises 398.53% in the December 2020 quarter

BRIEF-Suraj Products Dec-Quarter Profit Rises

Suraj Products 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

Suraj Products standalone net profit rises 387.61% in the September 2021 quarter

Suraj Products to shut down its plant for annual maintenance; Stock trades higher

Suraj Products standalone net profit rises 322.36% in the June 2021 quarter

Suraj Products Standalone March 2021 Net Sales At Rs 71.24 Crore, Up 57.77% Y-o-Y

Suraj Products standalone net profit rises 398.53% in the December 2020 quarter

BRIEF-Suraj Products Dec-Quarter 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