Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

Sales declined 5.61% to Rs85.49cr in Q2FY22. Food Service revenues have grown more than 100% in the six-month period as last year.

Tasty Bite Eatables stock declines over 1% after Q2 net profit drops 87.5% yoy at Rs1.32cr

Tasty Bite Eatables standalone net profit declines 87.51% in the September 2021 quarter

Hindustan Oil Exploration Company Ltd, Tasty Bite Eatables Ltd, India Glycols Ltd and Indostar Capital Finance Ltd are among the other gainers in the BSE’s ‘A’ group today, 13 August 2021.

MSTC Ltd leads gainers in ‘A’ group

Tasty Bite Eatables standalone net profit rises 404.93% in the June 2021 quarter

Infibeam Avenues Ltd, Wonderla Holidays Ltd, Bank of Maharashtra and Carborundum Universal Ltd are among the other losers in the BSE’s ‘A’ group today, 09 July 2021.

Tasty Bite Eatables Ltd leads losers in ‘A’ group

In the past three weeks, the stock has outperformed the market and rallied 40 per cent

Tasty Bite surges 15%, hits record high; stock price crosses Rs 20,000-mark

H.G. Infra Engineering Ltd, Texmaco Rail & Engineering Ltd, Westlife Development Ltd and Novartis India Ltd are among the other gainers in the BSE’s ‘A’ group today, 08 July 2021.

Tasty Bite Eatables Ltd leads gainers in ‘A’ group

In the past three weeks, the stock has outperformed the market and rallied 40% as compared to a 1.2% rise in the S&P BSE Sensex.

Tasty Bite stock price crosses Rs20,000-mark; stock ends higher

Tasty Bite Eatables standalone net profit rises 62.60% in the March 2021 quarter

The Stable outlook on the [ICRA]A+ rating reflects ICRA’s opinion that the company will continue to benefit from the extensive experience of its promoters in the processed foods space.

ICRA revises long term ratings of Tasty Bite Eatables; Stock trades higher

Tasty Bite Eatables reported 4.06% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs118.81cr

Tasty Bite Eatables Q3 PAT flat at Rs13.5cr as other income tapers

Tasty Bite Eatables Limited is engaged in the business of manufacturing and selling prepared foods. The Company offers a range of ready-to-serve ethnic food products under the brand name Tasty Bite and Frozen Formed Products

Tasty Bite Eatables Ltd

Tasty Bite Eatables 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

Returns 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 return on equity 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

Tasty Bite Eatables stock declines over 1% after Q2 net profit drops 87.5% yoy at Rs1.32cr

Tasty Bite Eatables standalone net profit declines 87.51% in the September 2021 quarter

MSTC Ltd leads gainers in ‘A’ group

Tasty Bite Eatables standalone net profit rises 404.93% in the June 2021 quarter

Tasty Bite Eatables Ltd leads losers in ‘A’ group

Tasty Bite surges 15%, hits record high; stock price crosses Rs 20,000-mark

Tasty Bite Eatables Ltd leads gainers in ‘A’ group

Tasty Bite Eatables 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Tasty Bite Eatables stock declines over 1% after Q2 net profit drops 87.5% yoy at Rs1.32cr

Tasty Bite Eatables standalone net profit declines 87.51% in the September 2021 quarter

MSTC Ltd leads gainers in ‘A’ group

Tasty Bite Eatables standalone net profit rises 404.93% in the June 2021 quarter

Tasty Bite Eatables Ltd leads losers in ‘A’ group

Tasty Bite surges 15%, hits record high; stock price crosses Rs 20,000-mark

Tasty Bite Eatables Ltd leads gainers in ‘A’ group

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

Returns 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 return on equity 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