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

Suryaamba Spinning Mills standalone net profit declines 14.19% in the September 2022 quarter

Suryaamba Spinning Mills standalone net profit rises 50.57% in the June 2022 quarter

Suryaamba Spinning Mills Ltd is a small-cap company with a market capitalization of ₹55 Crore that operates in the textile industry.

Multibagger textile stock fixes record date for dividend purpose

Suryaamba Spinning Mills reports standalone net profit of Rs 3.10 crore in the September 2021 quarter

Suryaamba Spinning Mills reports standalone net profit of Rs 2.61 crore in the June 2021 quarter

Suryaamba Spinning Mills standalone net profit rises 151.61% in the March 2021 quarter

Suryaamba Spinning Mills Limited is an India-based company that is engaged in the business of manufacturing, selling and distribution and trading of specialty synthetic yarn. The Company operates through the Yarn Manufacturing segment. It manufactures synthetic spun yarn, which offers a range of fancy, synthetic yarns in grey, dyed and melange single and multifold, suiting, knitwear, chenille fabrics, sewing threads, sweater knitting and shawls rexine. It is a producer of synthetic blended yarn. The Company produces 100% polyester staple fiber (PSF), 100% viscose staple fiber (VSF), melange, polyester/viscose (P/V) blended yarns with counts ranging from 12s to 60s. The Company is having its manufacturing units at Nayakund, Parseoni Road Nagpur District. It is exporting to the markets in the United States, Mexico, Italy, Germany, Spain, Portugal, Switzerland, Belgium, Turkey, Egypt, Nigeria, Poland, Canada, Peru, Columbia, Brazil, Argentina, Chile, Bangladesh, Pakistan and South Africa.

Suryaamba Spinning Mills Ltd

Suryaamba Spinning Mills 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

Suryaamba Spinning Mills standalone net profit declines 14.19% in the September 2022 quarter

Suryaamba Spinning Mills standalone net profit rises 50.57% in the June 2022 quarter

Multibagger textile stock fixes record date for dividend purpose

Suryaamba Spinning Mills reports standalone net profit of Rs 3.10 crore in the September 2021 quarter

Suryaamba Spinning Mills reports standalone net profit of Rs 2.61 crore in the June 2021 quarter

Suryaamba Spinning Mills standalone net profit rises 151.61% in the March 2021 quarter

Suryaamba Spinning Mills 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

Suryaamba Spinning Mills standalone net profit declines 14.19% in the September 2022 quarter

Suryaamba Spinning Mills standalone net profit rises 50.57% in the June 2022 quarter

Multibagger textile stock fixes record date for dividend purpose

Suryaamba Spinning Mills reports standalone net profit of Rs 3.10 crore in the September 2021 quarter

Suryaamba Spinning Mills reports standalone net profit of Rs 2.61 crore in the June 2021 quarter

Suryaamba Spinning Mills standalone net profit rises 151.61% in the March 2021 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