Intrinsic Value

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

The Mumbai bench of the National Company Law Tribunal (NCLT) presided by members PN Deshmukh and KK Vohra reserved the order after hearing arguments from the counsels of the resolution professional (RP) Milind Kasodekar, the successful bidder and creditors.

NCLT reserves order in ArcelorMittal’s resolution plan for Uttam Galva Steel

ArcelorMittal’s resolution plan, which was submitted by Uttam Galva’s resolution professional in June 2021, is pending before the bankruptcy tribunal. The LN Mittal-owned steelmaker formerly held 30% in Uttam Galva and is the only bidder for the company.

Deutsche Moves to block ArcelorMittal’s takeover of Uttam Galva

Uttam Galva Steels net loss soars to Rs 59 cr in Dec quarter

Uttam Galva Steels Limited posted a consolidated net loss of Rs 59.64 crore during the third quarter ended on December 31, 2021.

Uttam Galva Steels net loss soars to Rs 59 crore in December quarter

Uttam Galva Consolidated December 2021 Net Sales At Rs 216.31 Crore, Up 17.2% Y-o-Y

Uttam Galva Steels reports consolidated net loss of Rs 59.39 crore in the December 2021 quarter

Uttam Galva Steels reports consolidated net loss of Rs 90.00 crore in the September 2021 quarter

Uttam Galva Standalone June 2021 Net Sales At Rs 196.06 Crore, Up 123.97% Y-o-Y

Uttam Galva Steels reports consolidated net loss of Rs 79.08 crore in the June 2021 quarter

Abdul Azees sold 27.51 lakh equity shares in Uttam Galva Steels, Kredence Multi Trading sold 20 lakh shares and Glaxo Finance sold 10 lakh shares in the company at Rs 4.6 per share.

Bulk Deals | Equity Intelligence Sells 0.55% Stake In Max India, HDFC Bank Offloads Shares In Indo-National

Whereas, Shruti Lodha sold 1.85 lakh equity shares in Asian Granito India at Rs180.73 per share, while Niraj Rajnikant Shah acquired 90,000 equity shares in Ausom Enterprise at Rs96.42 per share.

Bulk Deals: From Uttam Galva to Asian Granito India

Uttam Galva Steels Limited is a holding company, engaged in the manufacturing of intermediate steel products.

Uttam Galva Steels Ltd

Uttam Galva Steels 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

NCLT reserves order in ArcelorMittal’s resolution plan for Uttam Galva Steel

Deutsche Moves to block ArcelorMittal’s takeover of Uttam Galva

Uttam Galva Steels net loss soars to Rs 59 cr in Dec quarter

Uttam Galva Steels net loss soars to Rs 59 crore in December quarter

Uttam Galva Consolidated December 2021 Net Sales At Rs 216.31 Crore, Up 17.2% Y-o-Y

Uttam Galva Steels reports consolidated net loss of Rs 59.39 crore in the December 2021 quarter

Uttam Galva Steels reports consolidated net loss of Rs 90.00 crore in the September 2021 quarter

Uttam Galva Steels 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

NCLT reserves order in ArcelorMittal’s resolution plan for Uttam Galva Steel

Deutsche Moves to block ArcelorMittal’s takeover of Uttam Galva

Uttam Galva Steels net loss soars to Rs 59 cr in Dec quarter

Uttam Galva Steels net loss soars to Rs 59 crore in December quarter

Uttam Galva Consolidated December 2021 Net Sales At Rs 216.31 Crore, Up 17.2% Y-o-Y

Uttam Galva Steels reports consolidated net loss of Rs 59.39 crore in the December 2021 quarter

Uttam Galva Steels reports consolidated net loss of Rs 90.00 crore in the September 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