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

Vardhman Acrylics standalone net profit declines 47.31% in the September 2021 quarter

The production at this company’s unit in Gujarat had stopped from April 19, 2021, due to workers strike.

Vardhman Acrylics climbs 3% after resumption of manufacturing operations at Jhagadia plant

Workers at this Plant of the company have not resumed their duties since April 19, 2021.

Vardhman Acrylics operations at Jhagadia plant remain closed due to workers strike

Vardhman Acrylics standalone net profit declines 56.23% in the September 2020 quarter

Vardhman Acrylics standalone net profit declines 96.96% in the June 2020 quarter

Vardhman Acrylics puts up a strong show in Q2. Nigel D’Souza crunches the company’s Q2 earnings here.

#EarningsMinute: Vardhman Acrylics Puts Up A Strong Show In Q2

Sachit Jain, Director, Vardhman Acrylics states that the current cash on books stands at around Rs 220 cr-250 cr.

Current Cash On Books Stands At Around Rs 220 Cr-250 Cr: Vardhman Acrylics

Vardhman Acrylics is currently exploring options like expansion into new products among others to deploy the cash on books of roughly Rs 220-250 crore but nothing has been finalised yet, says Director Sachit Jain. If no other plans materialise then the cash will be distributed, he adds.

Exploring options to use cash on books: Vardhman Acrylics

Vardhman Acrylics Limited is a textiles company whose principal business activity is the manufacturing of man-made fibers.

Vardhman Acrylics Ltd

Vardhman Acrylics 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

Vardhman Acrylics standalone net profit declines 47.31% in the September 2021 quarter

Vardhman Acrylics climbs 3% after resumption of manufacturing operations at Jhagadia plant

Vardhman Acrylics operations at Jhagadia plant remain closed due to workers strike

Vardhman Acrylics standalone net profit declines 56.23% in the September 2020 quarter

Vardhman Acrylics standalone net profit declines 96.96% in the June 2020 quarter

News Video

#EarningsMinute: Vardhman Acrylics Puts Up A Strong Show In Q2

News Video

Current Cash On Books Stands At Around Rs 220 Cr-250 Cr: Vardhman Acrylics

Vardhman Acrylics 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

Vardhman Acrylics standalone net profit declines 47.31% in the September 2021 quarter

Vardhman Acrylics climbs 3% after resumption of manufacturing operations at Jhagadia plant

Vardhman Acrylics operations at Jhagadia plant remain closed due to workers strike

Vardhman Acrylics standalone net profit declines 56.23% in the September 2020 quarter

Vardhman Acrylics standalone net profit declines 96.96% in the June 2020 quarter

News Video

#EarningsMinute: Vardhman Acrylics Puts Up A Strong Show In Q2

News Video

Current Cash On Books Stands At Around Rs 220 Cr-250 Cr: Vardhman Acrylics

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