Intrinsic Value

Stock has not been able to generate 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

Veritas (India) is a group company of Groupe Veritas, a diversified multinational business group with presence in international trade and distribution, infrastructure and logistics, alternate fuel and energy among others.

Swan Energy to acquire 75% stake in Veritas India for Rs 260.35 crore | The Financial Express

The acquisition strengthens the synergy of SEL in the oil and gas sector

Swan Energy acquires majority stake in Veritas (India) for ₹260 crore

Swan Energy Ltd, Sharda Cropchem Ltd, Shree Renuka Sugars Ltd and Vaibhav Global Ltd are among the other gainers in the BSE’s ‘A’ group today, 06 April 2022.

OnMobile Global Ltd leads gainers in ‘A’ group

On March 17, Hazel Mercantile, in partnership with Swan Energy, emerged the winner with 95% of the committee of creditors approving its resolution plan. The lenders later issued a letter of intent terming it the winning bidder.

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL has called the resolution plan submitted by the consortium of Swan Energy and Hazel Mercantile a ‘flagrant breach’ of IBC Section 29A

JSPL challenges Swan-Hazel bid for Reliance Naval

Rashtriya Chemicals & Fertilizers Ltd, Adani Power Ltd, Tanla Platforms Ltd and Swan Energy Ltd are among the other gainers in the BSE’s ‘A’ group today, 29 March 2022.

Himadri Speciality Chemical Ltd leads gainers in ‘A’ group

The corporate insolvency resolution proceedings (CIRP) of Reliance Naval are underway at National Company Law Tribunal (NCLT), Ahmedabad.

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Swan Energy will provide the performance bank guarantee as per the norms by Tuesday, following which the Committee of Creditors (CoC) will refer the winning bid for ratification to NCLT.

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel Mercantile-Swan Energy received the highest percentage of votes even as Reliance Infrastructure (RInfra), another Anil Ambani company, last Friday made an attempt to regain control of Reliance Naval by submitting a resolution plan that was reportedly better than those offered by the two other …

Hazel-Swan consortium wins race for Reliance Naval

IOL Chemicals & Pharmaceuticals Ltd, Swan Energy Ltd, Greenply Industries Ltd and Hindustan Oil Exploration Company Ltd are among the other gainers in the BSE’s ‘A’ group today, 10 March 2022.

EPL Ltd leads gainers in ‘A’ group

The two bidders for Reliance Naval and Engineering are a consortium of Swan Energy and Hazel Mercantile and Naveen Jindals company Jindal Steel and Power Limited, sources said.

Voting extended on Reliance Naval bids till 15 March

Swan Energy Limited is a holding company, engaged in the manufacturing and marketing of cotton and polyester textile products, real estate development and energy businesses.

Swan Energy Ltd

Swan Energy 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

Swan Energy to acquire 75% stake in Veritas India for Rs 260.35 crore | The Financial Express

Swan Energy acquires majority stake in Veritas (India) for ₹260 crore

OnMobile Global Ltd leads gainers in ‘A’ group

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL challenges Swan-Hazel bid for Reliance Naval

Himadri Speciality Chemical Ltd leads gainers in ‘A’ group

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel-Swan consortium wins race for Reliance Naval

Swan Energy 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

Swan Energy to acquire 75% stake in Veritas India for Rs 260.35 crore | The Financial Express

Swan Energy acquires majority stake in Veritas (India) for ₹260 crore

OnMobile Global Ltd leads gainers in ‘A’ group

JSPL moves NCLT seeking stay on Reliance Naval’s resolution process | The Financial Express

JSPL challenges Swan-Hazel bid for Reliance Naval

Himadri Speciality Chemical Ltd leads gainers in ‘A’ group

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval

Exclusive: Letter of Intent issued to Hazel Mercantile consortium for Reliance Naval

Hazel-Swan consortium wins race for Reliance Naval

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