IIFL Securities Stock Market Watch Today: Buy Fact - August 22

IIFL Securities has given a buy call on FACT (Fertilizers and Chemicals Travancore Limited) with a target price of Rs. 1090. The current market price of FACT is Rs. 1059.3, which means there is a potential upside of approximately 2.8% in the stock. The brokerage firm believes that the company's strong performance in the fertilizer segment, coupled with the government's focus on promoting domestic fertilizer production, will drive FACT's growth.

About Fact:

Siemens Ltd. is a leading German multinational conglomerate company headquartered in Munich, Germany. The company has a wide range of businesses, including power generation and distribution, industrial automation, healthcare, and building technologies. Siemens Ltd. also has a strong presence in India, with its headquarters located in Mumbai. The company has been listed on the National Stock Exchange of India (NSE) since 1994. Siemens Ltd. is known for its innovative products and solutions, and has a strong track record of growth and profitability.

52 Week Price Trend:

Despite trading below its 52-week high of Rs 908.95, FACT's current market price of Rs 1059.3 still represents a significant premium over its 52-week low of Rs 192. This indicates that investors remain optimistic about the company's prospects, despite the recent market volatility. FACT's positive fundamentals, including its strong market position in the fertilizer industry and focus on innovation, have likely contributed to its resilience and investor confidence.

Stratzy's MOST Analysis:

FACT's AAA rating from Stratzy's MOST framework highlights its exceptional fundamental strength. The framework evaluates stocks based on Management, Outlook, Safety, and Trend. FACT excels in all these areas, indicating strong management capabilities, a positive outlook, robust financial health, and a favorable market trend. This rating suggests that FACT is a fundamentally sound investment with low fundamental risks, making it an attractive option for investors seeking stability and growth potential.

Company's Fundamentals:

Fact (NSE: FACT) is a company listed on the National Stock Exchange (NSE) of India. It has a stock price-to-earnings ratio (PE) of 114.72, which means that investors are willing to pay Rs. 114.72 for every rupee of earnings. The company's price-to-book ratio (PB) is 35.44, indicating that its market value is 35.44 times its book value. Fact's dividend yield is a mere 0.13%, which means that investors receive a dividend of Rs. 0.13 for every Rs. 100 invested in the company.

Fundamental and Technical information provided in this blog were last updated on 22 Aug, 2024

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