Current price is more 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

Prabhudas Lilladher is bullish on Safari Industries (India) has recommended buy rating on the stock with a target price of Rs 1288 in its research report dated May 14, 2022.

Buy Safari Industries (India); target of Rs 1288: Prabhudas Lilladher

Safari Industries Q4 Review - Gross Margin Recoups While Demand Remains Strong: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Safari Industries (India) has recommended buy rating on the stock with a target price of Rs 1264 in its research report dated March 02, 2022.

Buy Safari Industries (India); target of Rs 1264: Prabhudas Lilladher

Federal Bank, HDFC Bank, AU Small Finance Bank, Ashok Leyland, Sona BLW Precision Forgings, Ramkrishna Forgings, Suprajit Engineering, Carborundum Universal, Stove Kraft, Safari Industries, PI Industries, Sobha, HCL Technologies and Amber Enterprises are among the top 14 stock ideas of Angel One for…

Angel One Picks 14 Stocks For 2022 For An Upside Up To 81%

The property is proposed to be used for setting up Luggage manufacturing unit of the subsidiary company.

Safari Industries’ subsidiary buys land with constructed property for Rs21.38cr; Stock dips 2%

The SPA is for the purpose of purchase of land with constructed property along with the buildings and utilities present on-site situated in Panchmahal, Gujarat.

Safari Industries (India) arm executes Sale-Purchase Agreement with Lear Automotive for Rs22.51cr

The company said its wholly-owned subsidiary, Safari Manufacturing, purchased a land with constructed property at Halol in Gujarat for Rs 22.51 crore.

Safari Industries (India) buys land in Gujarat

Safari Industries (India) Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 1296.01 Crore) operating in Plastics sector.

Buy Safari Industries (India), target price Rs 1036: Axis Securities

The brokerage has recommended Buy rating on the Safari Industries shares as part of its top stock pick for the week

Why Safari Industries is Axis Securities’ top stock pick of the week

Domestic equity markets have surged higher during the last few trading sessions with benchmark indices hitting fresh all-time highs repeatedly.

InterGlobe Aviation, Safari Industries’ stocks may rally in 3 months; charts suggest strong upside

Safari Industries (India) reports consolidated net profit of Rs 2.45 crore in the June 2021 quarter

The company is engaged in manufacturing and trading of luggage travel goods. The Company's product range includes polycarbonate (PC) zippered luggage. It also offers products under various categories, such as laptop bags and backpacks. 

Safari Industries (India) Ltd

Safari Industries (India) 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

Buy Safari Industries (India); target of Rs 1288: Prabhudas Lilladher

Safari Industries Q4 Review - Gross Margin Recoups While Demand Remains Strong: Prabhudas Lilladher

Buy Safari Industries (India); target of Rs 1264: Prabhudas Lilladher

Angel One Picks 14 Stocks For 2022 For An Upside Up To 81%

Safari Industries’ subsidiary buys land with constructed property for Rs21.38cr; Stock dips 2%

Safari Industries (India) arm executes Sale-Purchase Agreement with Lear Automotive for Rs22.51cr

Safari Industries (India) buys land in Gujarat

Safari Industries (India) 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

Buy Safari Industries (India); target of Rs 1288: Prabhudas Lilladher

Safari Industries Q4 Review - Gross Margin Recoups While Demand Remains Strong: Prabhudas Lilladher

Buy Safari Industries (India); target of Rs 1264: Prabhudas Lilladher

Angel One Picks 14 Stocks For 2022 For An Upside Up To 81%

Safari Industries’ subsidiary buys land with constructed property for Rs21.38cr; Stock dips 2%

Safari Industries (India) arm executes Sale-Purchase Agreement with Lear Automotive for Rs22.51cr

Safari Industries (India) buys land in Gujarat

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