DE NORA INDIA LIMITED Fair Value
DENORA · Capital Goods · Current price ₹818
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹230 | 7% ROE fading to 12% over ~3 yrs, on ₹245 book |
| Relative P/E | ₹988 | EPS × 57.9 peer-median P/E |
| Graham floor | ₹307 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is DE NORA INDIA LIMITED undervalued?
DocStoX estimates the fair value of DE NORA INDIA LIMITED at ₹455 per share, versus the current market price of ₹818. That puts the stock about -44.3% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹230), Relative P/E (₹988), Graham floor (₹307). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹230 (bear) to ₹455 (base) to ₹988 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on DE NORA INDIA LIMITED
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

