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

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

Wim Plast Standalone June 2021 Net Sales At Rs 53.03 Crore, Up 128.56% Y-o-Y

Wim Plast Consolidated June 2021 Net Sales At Rs 49.93 Crore, Up 114.49% Y-o-Y

Wim Plast reports consolidated net profit of Rs 2.84 crore in the June 2021 quarter

Wim Plast reports standalone net profit of Rs 3.01 crore in the June 2021 quarter

Wim Plast consolidated net profit rises 29.07% in the March 2021 quarter

Wim Plast consolidated net profit rises 24.55% in the December 2020 quarter

BRIEF-Wim Plast Ltd Dec Quarter Consol Profit Rises

ICICI Direct recommended hold rating on Wim Plast with a target price of Rs 360 in its research report dated June 17, 2020.

Hold Wim Plast; Target Of Rs 360: ICICI Direct

Anand Rathi is bullish on Wim Plast has recommended buy rating on the stock with a target price of Rs 491 in its research report dated June 15, 2020.

Buy Wim Plast; Target Of Rs 491: Anand Rathi

At 8.3 times FY22e P/E, the brokerage sees good potential in the stock from a long-term perspective, given the companys strong balance sheet and credible management.

Buy Wim Plast, target price Rs 491: Anand Rathi

Wim Plast Standalone March 2020 Net Sales At Rs 76.51 Crore, Down 23.89% Y-o-Y

Wim Plast Ltd is engaged in the manufacturing of plastic moulded and extruded articles. Their product range includes water jugs, house hold trolley, house hold glasses, house hold containers and hot pots.

Wim Plast Ltd

Wim Plast 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

Wim Plast Standalone June 2021 Net Sales At Rs 53.03 Crore, Up 128.56% Y-o-Y

Wim Plast Consolidated June 2021 Net Sales At Rs 49.93 Crore, Up 114.49% Y-o-Y

Wim Plast reports consolidated net profit of Rs 2.84 crore in the June 2021 quarter

Wim Plast reports standalone net profit of Rs 3.01 crore in the June 2021 quarter

Wim Plast consolidated net profit rises 29.07% in the March 2021 quarter

Wim Plast consolidated net profit rises 24.55% in the December 2020 quarter

BRIEF-Wim Plast Ltd Dec Quarter Consol Profit Rises

Wim Plast 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

Wim Plast Standalone June 2021 Net Sales At Rs 53.03 Crore, Up 128.56% Y-o-Y

Wim Plast Consolidated June 2021 Net Sales At Rs 49.93 Crore, Up 114.49% Y-o-Y

Wim Plast reports consolidated net profit of Rs 2.84 crore in the June 2021 quarter

Wim Plast reports standalone net profit of Rs 3.01 crore in the June 2021 quarter

Wim Plast consolidated net profit rises 29.07% in the March 2021 quarter

Wim Plast consolidated net profit rises 24.55% in the December 2020 quarter

BRIEF-Wim Plast Ltd Dec Quarter Consol Profit Rises

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