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

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

Stock of Flomic Global Logistics has rallied 4,947% in the last one year. The penny stock, which closed at Rs 2.93 on February 8, 2021 rose to a high of Rs 147.90 on the BSE today. An amount of Rs 1 lakh invested in the shares of Flomic Global Logistics a year ago would have turned into Rs 49.40 la…

Rs 3 to Rs 148: This penny stock turned into a multibagger in one year

Stock of Flomic Global Logistics has zoomed nearly 43,000% in over 2.5 years. The stock, which closed at Rs 0.35 on March 28, 2019 rose to a high of Rs 150.40 today, surging 42,871% on the Bombay Stock Exchange (BSE). An amount of Rs 1 lakh invested in the shares of Flomic Global Logistics on March …

Rs 0.35 to Rs 150: This penny stock turned into a multibagger in 2.5 years

Flomic Global Logistics reports standalone net loss of Rs 0.92 crore in the March 2021 quarter

Vinaditya Trading Co Ltd is engaged in the activities of financial advisers, mortgage advisers and brokers, foreign exchange services, etc

Flomic Global Logistics Ltd

With a market cap of ₹79 cr, stock is ranked 2,393

Flomic Global Logistics Ltd

Flomic Global Logistics 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

Rs 3 to Rs 148: This penny stock turned into a multibagger in one year

Rs 0.35 to Rs 150: This penny stock turned into a multibagger in 2.5 years

Flomic Global Logistics reports standalone net loss of Rs 0.92 crore in the March 2021 quarter

Flomic Global Logistics 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

Rs 3 to Rs 148: This penny stock turned into a multibagger in one year

Rs 0.35 to Rs 150: This penny stock turned into a multibagger in 2.5 years

Flomic Global Logistics reports standalone net loss of Rs 0.92 crore in the March 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