Risk factor
Sufficiently resilient to price shocks
Profitability factor
Favourable price performance
About
Headquartered in Bengaluru, India, and established in 1994, Stove Kraft Limited specializes in the manufacturing and distribution of a diverse array of kitchen and home appliances, predominantly under its prominent Pigeon and Gilma brands. Their extensive product lineup encompasses essential cooking items such as pressure cookers, various non-stick and stainless steel cookware, hobs, and a range of gas, induction, and LPG cooktops, alongside mixer grinders, microwave ovens, and other culinary appliances. The company further diversifies its offerings to include home solutions like chimneys, emergency lamps, ladders, cloth dryers, water bottles, flasks, cleaning and garment care products, chairs, and digital safes. Additionally, Stove Kraft provides lighting solutions, featuring LED bulbs, battens, and downlights. The company maintains a broad operational footprint, serving markets across India, the Middle East (including Qatar, Bahrain, Kuwait, Oman), East Africa (Kenya, Uganda, Tanzania), and other regions such as Sri Lanka and Fiji.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value on EV/EBI
Target Price
The average target price of STOVEKRAFT.NS is 646 and suggests 16.8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendat