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

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

Swaraj Engines reported 15% rise in net profit to Rs 23.23 crore on a 17% increase in net operating revenue to Rs 278.93 crore in Q3 FY23 over Q3 FY22.

Swaraj Engines Q3 PAT up 15% YoY; sells nearly 27k engines

Bharti Airtel, 3i Infotech, Asahi India Glass, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi etc.

Q2 results this week: Bharti Airtel, Adani Ports, SBI, BoB and more

BUuzzing stocks: Cipla, Trident, M&M, Kirloskar Engines, Swaraj Engines, M&M Financial, Bombay Dyeing, Hero MotoCorp, Shilpa Medicare, Zydus Life, Udaipur Cement, Aster DM, Century Textiles

Stocks that will see action on September 23, 2022

ICICI Direct recommended hold rating on Swaraj Engines with a target price of Rs 2075 in its research report dated September 21, 2022.

Hold Swaraj Engines; target of Rs 2075: ICICI Direct

M&M Proposes to Acquire 17.41% stake (21,14,349 Equity shares) in Swaraj Engines. M&M proposes to acquire shares of Swaraj Engines Limited (“SEL”) from Kirloskar Industries Limited (“KIL”)
Post this M&M shareholding to increase from 34.72% to 52.13% .To acquire shares at a price of Rs.1,400/sh. All Cash deal aggregating to an approximate amount of Rs.296Cr
Swaraj Engine share was up over 13% in trade today but endingthe day with 4.75% of gains. Acquisition to be done at a discount of 17.5% from Tuesdays closing. Acquisition expected to get complete by 30th Sept.Deal consideration to be paid in Cash

#swarajengines #kirloskar #shares
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Swaraj Engines rallies after M&M proposes to raise stake to 52.13%

SEL manufactures and supplies diesel engines ranging from 22 HP to 65 HP for use in tractors to Mahindra & Mahindra Limited’s Farm Equipment Sector.

Swaraj Engines hits new 52-week high as M&M proposes to acquire 17.41% stake

Swaraj Engines had total revenue from operations of Rs 1,138.15 crore for the year ended 31 March 2022

Swaraj Engines stock surges over 11 percent after its becomes Mahindra & Mahindra subsidiary

Swaraj Engines - M&M Acquires Further Stake, To Be Sole Promoter Entity: ICICI Direct

Tourism Finance Corporation of India Ltd, Liberty Shoes Ltd, Swaraj Engines Ltd and VIP Clothing Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 September 2022.

Hind Rectifiers Ltd leads gainers in ‘B’ group

Shares of Swaraj Engines Ltd surged over 13% to hit a 52-week high of ₹1,960 apiece

Swaraj Engines shares hit 52-week high as Mahindra & Mahindra to buy more stake

M&M has agreed to acquire 17.41% more stake in Swaraj Engines from Kirloskar Industries to emerge as a majority stakeholder.

Swaraj Engines, Kirloskar Industries Surge After Mahindra Deal

Swaraj Engines Limited is engaged in manufacturing engines for fitment into Swaraj tractors, which is manufactured by Mahindra & Mahindra Ltd. (M&M) at its Swaraj Division.

Swaraj Engines Ltd

Swaraj Engines 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

Swaraj Engines Q3 PAT up 15% YoY; sells nearly 27k engines

Q2 results this week: Bharti Airtel, Adani Ports, SBI, BoB and more

Stocks that will see action on September 23, 2022

Hold Swaraj Engines; target of Rs 2075: ICICI Direct

News Video

Swaraj Engines rallies after M&M proposes to raise stake to 52.13%

Swaraj Engines hits new 52-week high as M&M proposes to acquire 17.41% stake

Swaraj Engines stock surges over 11 percent after its becomes Mahindra & Mahindra subsidiary

Swaraj Engines - M&M Acquires Further Stake, To Be Sole Promoter Entity: ICICI Direct

Swaraj Engines 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

Swaraj Engines Q3 PAT up 15% YoY; sells nearly 27k engines

Q2 results this week: Bharti Airtel, Adani Ports, SBI, BoB and more

Stocks that will see action on September 23, 2022

Hold Swaraj Engines; target of Rs 2075: ICICI Direct

News Video

Swaraj Engines rallies after M&M proposes to raise stake to 52.13%

Swaraj Engines hits new 52-week high as M&M proposes to acquire 17.41% stake

Swaraj Engines stock surges over 11 percent after its becomes Mahindra & Mahindra subsidiary

Swaraj Engines - M&M Acquires Further Stake, To Be Sole Promoter Entity: ICICI Direct

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