ADSL - BREAKOUT AND A 2X CANDIDATE BASED ON FUNDAMENTALS

Hi All,

This idea is about Allied Digital Services Ltd

Mkt Cap - 1204 Cr
Stock PE - 26
Mcap/Sales - 1.75

As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26

Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400

Technically also its a healthy breakout with expanding Moving averages after tight consolidation. Volume is extremely good to support further price action

Happy Trading,

Thanks,
Stock-n-Shine

Trade closed manually:

I don't feel right to share stocks in which I am invested. I entered today & therefore closing this trade as it is against ethical nature of Stock Market

Hope for your understanding,

Thanks,
Stock-n-Shine