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

Coastal Corporation jumped 6.58% to Rs 424.90 after the company announced that it will soon commence operations at its new plant (Unit III) at Kakinada SEZ in Andhra Pradesh.

Coastal Corp spurts as new unit in Kakinada to start operations

The board also extended approval to give corporate guarantee/loans/investments not exceeding an amount of Rs175 crore for M/s. Coastal Biotech Private Limited.

Coastal Corporation’s stock surges ~5% as board nods Rs50 crore rights issue

Coastal Corporation surged 4.44% to Rs 357.90 after the company announced that its board has given the green flag for fund raising up to Rs 50 crore through Rights Issue.

Coastal Corporation rallies after the board approves rights issue

Coastal Corporation Ltd, Weizmann Ltd, Ashapuri Gold Ornament Ltd and ANG Lifesciences India Ltd are among the other losers in the BSE’s ‘B’ group today, 16 February 2022.

Arrow Greentech Ltd leads losers in ‘B’ group

Coastal Corporation continued to hit the upper circuit, along with Ruby Mills and GMDC. Paytm found some buyers at the lower levels. Among the losers, Motherson Sumi gained buzz ahead of demerger plans. Tata Teleservices and Sintex hit lower circuits of 5 per cent each.

Biggest gainers & losers of the day: Coastal Corp, GMDC hit upper circuit, Motherson Sumi plunges

Coastal Corporation Ltd, Ruby Mills Ltd, Electrotherm (India) Ltd and Coral India Finance & Housing Ltd are among the other gainers in the BSE’s ‘B’ group today, 14 January 2022.

Coffee Day Enterprises Ltd leads gainers in ‘B’ group

Coastal Corporation (CCL) hit an upper circuit limit of 20% at Rs 465.95, extending gains for the third trading session.

Coastal Corp soars 46% in three days

Amid rising demand for shrimp and ethanol, brokerage InCred Equities believes that Coastal Corporation may multiply investors’ wealth in the next few quarters.

InCred Equities sees nearly 500% upside in Coastal Corporation; here’s why

Vishal Fabrics Ltd, Repro India Ltd, Superhouse Ltd and Shivalik Bimetal Controls Ltd are among the other gainers in the BSE’s ‘B’ group today, 13 January 2022.