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

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

Ambuja Cements, AU Small Finance Bank, L&T Finance, Jindal Stainless, RINL, Tube Investments, IndusInd Bank, Surya Roshni, Shivam Autotech

Stocks that will see action on July 19, 2022

NELCO's consolidated revenue for Q1FY23 stood at Rs 82 cr vs 55 cr a year ago; a jump of 49% YoY. PAT for the quarter saw an increase of 7% YoY. Surya Roshni has obtained orders amounting to Rs 91.27 cr for supply of API- SL 3LPE Coated Line pipes from Bharat Gas Resources Lt. Mangalore Chemical & Fertilizer has shut down Phosphatic fertilizer Plant due to non-availability of raw material. Mastek acquired 100% stake in Metasoftech Solutions – an independent Salesforce consulting partner in the American Southwest region for $76.6 million. Tube Investment  acquired lPLTech Electric Private Ltd by way of subscription to fresh equity shares, for an aggregate consideration of up to Rs 246 Cr. It is the last day to buy shares of Hindustan Zinc to be eligible for their Rs 21/share dividend. Sandur Manganese to consider rights issue on July 21.
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Stocks In News: NELCO's Consolidated Revenue For Q1 FY23 | Latest Market Update | ET Now

Alembic Ltd, Centrum Capital Ltd, NBCC (India) Ltd and BF Utilities Ltd are among the other gainers in the BSE’s ‘A’ group today, 07 July 2022.

Surya Roshni Ltd leads gainers in ‘A’ group

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 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

Stocks that will see action on July 19, 2022

News Video

Stocks In News: NELCO's Consolidated Revenue For Q1 FY23 | Latest Market Update | ET Now

News Video

Stocks In News: NELCO's Consolidated Revenue For Q1 FY23 | Latest Market Update | ET Now

Surya Roshni Ltd leads gainers in ‘A’ group

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 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 on July 19, 2022

News Video

Stocks In News: NELCO's Consolidated Revenue For Q1 FY23 | Latest Market Update | ET Now

News Video

Stocks In News: NELCO's Consolidated Revenue For Q1 FY23 | Latest Market Update | ET Now

Surya Roshni Ltd leads gainers in ‘A’ group

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

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