Switch to
Place Order
Pennar Industries Ltd
PENIND
43.904.03% (+1.70)
Investment Checklist
BasicPro
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
Stock has not been able to generate better return on equity than bank 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
Stock doesn't offer attractive dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Pennar Industries Ltd
PENIND
MaterialsIron & Steel
SmallcapWith a market cap of ₹569 cr, stock is ranked 1,248
Moderate RiskStock is 2.90x as volatile as Nifty
43.904.03% (+1.70)
Price Chart
High
—
Low
—
Returns
—
1D
1W
1M
1Y
5Y
Max
SIP
1D
1W
1M
1Y
5Y
Max
SIP
Investment Checklist
BasicPro
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
Current price is less than the intrinsic value
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
Stock has not been able to generate better return on equity than bank 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
Stock doesn't offer attractive dividend returns
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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
MaterialsIron & Steel
SmallcapWith a market cap of ₹569 cr, stock is ranked 1,248
Moderate RiskStock is 2.90x as volatile as Nifty
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 13.61 | 0.77 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 12.92 | 2.54 | 2.39% |
Forecast & RatingsDetailed Forecast
100%
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Pennar Industries Limited is engaged in providing engineered products and services. The Company is engaged in the manufacture of hot-rolled and cold-rolled products of steel.
Investor PresentationView older
View Older PresentationsPeersCompare with peers
JSW Steel Ltd
PE Ratio
7.25
1Y Return
8.46%
Buy Reco %
20.00
Tata Steel Ltd
PE Ratio
2.99
1Y Return
23.61%
Buy Reco %
70.00
Jindal Steel And Power Ltd
PE Ratio
7.36
1Y Return
5.04%
Buy Reco %
63.64
Bharat Forge Ltd
PE Ratio
29.78
1Y Return
4.71%
Buy Reco %
74.07
Steel Authority of India Ltd
PE Ratio
2.56
1Y Return
33.83%
Buy Reco %
47.83
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Financial TrendFinancial statements
Revenue
Profit
All values in ₹ Thousand cr.
Holdings TrendDetailed holdings
Increased Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has increased by 1.76%
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Pennar Industries rises on bagging orders worth Rs 511 Cr
3 weeks ago•Business Standard
Pennar Industries climbs ~2% on securing orders worth Rs511 crore
3 weeks ago•India Infoline
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
Current price is less than the intrinsic value