Intrinsic Value

Stock has not been able to generate 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

Red Flags Found

More than 300 stocks, including Wockhardt, Voltas, Sun TV Network, RBL Bank, Nestle India, Jubilant FoodWorks and IFCI, touched their 52-week low on the BSE

Taking Stock | Sensex tanks 1,158 points on inflation worries; Nifty below 15,850

Sasken Technologies Ltd, Wockhardt Ltd, Mangalore Refinery And Petrochemicals Ltd and Triveni Engineering and Industries Ltd are among the other gainers in the BSE’s ‘A’ group today, 18 May 2022.

Sudarshan Chemical Industries Ltd leads gainers in ‘A’ group

Among the notable purchases were Jubilant Pharmova, Canara Bank and Indiabulls Housing, where Rakesh Jhunjhunwala increased stake by 0.2-0.5%. Jhunjhunwala has trimmed his stake in TV18 Broadcast by 0.3% and offloaded 0.2% in pharma sector firm Wockhardt.

What Rakesh Jhunjhunwala, Dolly Khanna & other D-Street mavens bought & sold in Jan-Mar

Stocks in news: Wockhardt, Aurobindo Pharmaceuticals, ICICI Bank, Sudarshan Chemical Industries, Muthoot Capital Services, Tata Power, GR Infraprojects and more

Stocks in news: ICICI Bank, Tata Power, GR Infraprojects, HCL Technologies and more

Stocks in news: ICICI Bank, Tata Power, Ruchi Soya, HCL Technologies and more

“In view of the above, the paid-up equity share capital of the Company has increased from Rs55,40,77,515/- (11,08,15,503 equity shares of Rs5/- each) to Rs72,03,00,765/- (14,40,60,153 equity shares of Rs5/- each), the company added.

Wockhardt board allots 3.32 crore equity shares

The collaboration between Wockhardt UK and Serum Life Sciences UK Ltd will help create a considerable number of employment opportunities along with the creation of a new sterile fill and finish facility in Wrexham, North Wales.

Wockhardt unit partners with SII subsidiary to set up vaccine manufacturing plant in UK

Wockhardt surged 9.51% to Rs 320.05 after the company and Serum Life Sciences UK announced collaboration for manufacturing multiple vaccines in the United Kingdom.

Wockhardt spurts after collaboration with UK’s Serum Life Sciences

SII has supplied the AstraZeneca-Oxford vaccine to the UK already, and having a fill-and-finish facility in the UK would help the firm to have closer access to the UK and EU markets.

Wockhardt, Serum Institute of India tie up to make vaccines in UK

​​Wockhardt UK has manufactured a COVID-19 vaccine in collaboration with UK Government and AstraZeneca. Its collaboration with Serum Life Sciences is an addition to the earlier arrangement.

Wockhardt, Serum enter pact to do fill-finish of vaccines

The positive tone of markets last week was after the US Fed rate hike and softening in crude oil prices and a slight pullback in commodity prices added comfort.

Top stocks in focus on Monday; From Maruti, Wockhardt to JSPL. Details here

Wockhardt Limited manufactures and markets pharmaceutical and bio-pharmaceutical formulations, active pharmaceutical ingredients (APIs) and vaccines.

Wockhardt Ltd

Wockhardt 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 | Sensex tanks 1,158 points on inflation worries; Nifty below 15,850

Sudarshan Chemical Industries Ltd leads gainers in ‘A’ group

What Rakesh Jhunjhunwala, Dolly Khanna & other D-Street mavens bought & sold in Jan-Mar

Stocks in news: ICICI Bank, Tata Power, GR Infraprojects, HCL Technologies and more

Stocks in news: ICICI Bank, Tata Power, Ruchi Soya, HCL Technologies and more

Wockhardt board allots 3.32 crore equity shares

Wockhardt unit partners with SII subsidiary to set up vaccine manufacturing plant in UK

Wockhardt spurts after collaboration with UK’s Serum Life Sciences

Wockhardt, Serum Institute of India tie up to make vaccines in UK

Wockhardt 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 | Sensex tanks 1,158 points on inflation worries; Nifty below 15,850

Sudarshan Chemical Industries Ltd leads gainers in ‘A’ group

What Rakesh Jhunjhunwala, Dolly Khanna & other D-Street mavens bought & sold in Jan-Mar

Stocks in news: ICICI Bank, Tata Power, GR Infraprojects, HCL Technologies and more

Stocks in news: ICICI Bank, Tata Power, Ruchi Soya, HCL Technologies and more

Wockhardt board allots 3.32 crore equity shares

Wockhardt unit partners with SII subsidiary to set up vaccine manufacturing plant in UK

Wockhardt spurts after collaboration with UK’s Serum Life Sciences

Wockhardt, Serum Institute of India tie up to make vaccines in UK

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