Current price is more 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

Adani Enterprises, Bajaj Finance, UltraTech Cement, Bajaj Finserv and HCL Technologies gained the most of the Nifty. Power Grid Corporation, JSW Steel, Bajaj Auto, Larsen and Toubro and IndusInd Bank saw the biggest losses

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

HUL, Sun Pharma, Tech Mahindra, Eicher Motors and UPL were among the biggest Nifty gainers. The losers included UltraTech Cement, Grasim Industries, NTPC, JSW Steel and Tata Steel

Taking Stock | Market snaps 2-day losing streak, Sensex gains 319 points, Nifty above 18,100

A total of 26 listed cement stocks were trading higher on BSE by 1.45 pm. UltraTech Cement, Heidelberg and Nuvoco were some other cement stocks, which rose over 1 per cent post the Budget announcements.

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

Based on the OI percentage, 81 stocks were on the short-covering list, including Chambal Fertilisers, City Union Bank, Atul, UltraTech Cement, and IDFC First Bank

Trade setup for Budget day: Top 15 things to know before the opening bell

Divis Labs, Reliance Industries, BPCL, Axis Bank and Tata Motors were among the top Nifty losers, while gainers included SBI Life Insurance, UltraTech Cement, Larsen and Toubro, HCL Technologies and Cipla

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

From the Sensex pack, Mahindra & Mahindra, UltraTech Cement, Power Grid, State Bank of India, ITC, Titan, Tata Motors and ICICI Bank were among the major winners.

On budget eve, markets close in green; Sensex at 59,550, Nifty at 17,662

Share Market Close: Indian stock market closed marginally in green amidst high volatility with M&M, SBI and Ultratech gaining, while Bajaj Finance and TCS dragged. IT, Pharma and Oil & Gas tanked; PSU Bank and Metal jumped.

Indices end flat amidst volatility; IT, Energy drag; PSU Bank shines

Stocks to watch before going into trade today.

Stocks To Watch: Tech Mahindra, L&T, LIC, Adani Enterprises, UltraTech Cement

UltraTech acquires 70 per cent equity shares in Duqm Cement Project, Oman for $2.25 million

UltraTech buys limestone mine in Oman

Hindalco Industries, Sun Pharma, BPCL, UltraTech Cement and HDFC Bank gained the most among the Nifty pack, while losers included Bharti Airtel, Cipla, Divis Labs, Apollo Hospitals and HUL

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

Ultratech Cement said that UltraTech Cement Middle East Investments has entered into a share sale and purchase agreement with Seven Seas Company LLC, Oman, for acquisition of 70% equity shares in Duqm Cement Project International.

Ultratech’s UAE arm acquires Oman-based Duqm Cement for $2.25 million

UltraTech Cement Limited is engaged in the business of cement and cement-related products.

UltraTech Cement Ltd

UltraTech Cement 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

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

Taking Stock | Market snaps 2-day losing streak, Sensex gains 319 points, Nifty above 18,100

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

Trade setup for Budget day: Top 15 things to know before the opening bell

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

On budget eve, markets close in green; Sensex at 59,550, Nifty at 17,662

Indices end flat amidst volatility; IT, Energy drag; PSU Bank shines

Stocks To Watch: Tech Mahindra, L&T, LIC, Adani Enterprises, UltraTech Cement

UltraTech buys limestone mine in Oman

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

UltraTech Cement 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

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

Taking Stock | Market snaps 2-day losing streak, Sensex gains 319 points, Nifty above 18,100

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

Trade setup for Budget day: Top 15 things to know before the opening bell

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

On budget eve, markets close in green; Sensex at 59,550, Nifty at 17,662

Indices end flat amidst volatility; IT, Energy drag; PSU Bank shines

Stocks To Watch: Tech Mahindra, L&T, LIC, Adani Enterprises, UltraTech Cement

UltraTech buys limestone mine in Oman

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

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