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

Surya Roshni Consolidated March 2022 Net Sales at Rs 2,301.38 crore, up 33.66% Y-o-Y

Surya Roshni Standalone March 2022 Net Sales at Rs 2,300.92 crore, up 33.65% Y-o-Y

Surya Roshni consolidated net profit rises 41.46% in the March 2022 quarter

The time period by which the order is to be executed is 8 months, said company.

Surya Roshni bags orders for Rs53.06 crore from GAIL; Stock sheds ~2%

Surya Roshni said that it has obtained orders amounting to Rs 53.06 crore from GAIL (India).

Surya Roshni bags order worth Rs 53 crore from GAIL

Buzzing stocks: Auto stocks, HDFC, Surya Roshni, Solara Active Pharma Sciences, Astral, Shree Ganesh Biotech (India), Apcotex, DCB Bank, IDFC First Bank, SKP Securities, Salasar Techno Engineering, RDB Realty and Infrastructure, Welspun, Cochin Shipyard

Stocks that will see action today

Surya Roshni said that it has commenced the commercial production of heavy structural hollow square/rectangular section steel tubes with direct forming technology on 14 April 2022.

Surya Roshni commences production of steel tubes at Gwalior-based plant

Ramco Systems Ltd, Va Tech Wabag Ltd, Adani Power Ltd and Shoppers Stop Ltd are among the other gainers in the BSE’s ‘A’ group today, 16 February 2022.

Surya Roshni Ltd leads gainers in ‘A’ group

The strong orderbook for exports, API coated pipes and spiral pipes are expected to drive the growth in the upcoming quarters.

Surya Roshni soars 18% in two days post December quarter results

Surya Roshni gained 1.41% to Rs 526.95 after the EPC company received two orders amounting to Rs 123.17 crore from two different clients.

Surya Roshni in demand after two order wins

Santosh Meena, Head of Research, Swastika Investmart, said, “Indian equity market snub sharp rise in Covid cases and begin 2022 on a cheerful note where the laggard Bank Nifty witnessed the highest gain today. There was a risk-on sentiment in the Indian equity market, where the high beta sectors out…

Surya Roshni Ltd

Surya Roshni 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

Surya Roshni Consolidated March 2022 Net Sales at Rs 2,301.38 crore, up 33.66% Y-o-Y

Surya Roshni Standalone March 2022 Net Sales at Rs 2,300.92 crore, up 33.65% Y-o-Y

Surya Roshni consolidated net profit rises 41.46% in the March 2022 quarter

Surya Roshni bags orders for Rs53.06 crore from GAIL; Stock sheds ~2%

Surya Roshni bags order worth Rs 53 crore from GAIL

Stocks that will see action today

Surya Roshni commences production of steel tubes at Gwalior-based plant

Surya Roshni 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

Surya Roshni Consolidated March 2022 Net Sales at Rs 2,301.38 crore, up 33.66% Y-o-Y

Surya Roshni Standalone March 2022 Net Sales at Rs 2,300.92 crore, up 33.65% Y-o-Y

Surya Roshni consolidated net profit rises 41.46% in the March 2022 quarter

Surya Roshni bags orders for Rs53.06 crore from GAIL; Stock sheds ~2%

Surya Roshni bags order worth Rs 53 crore from GAIL

Stocks that will see action today

Surya Roshni commences production of steel tubes at Gwalior-based plant

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