TraderRahulPal

6 Years Consolidation Breakout in BEPL || (456%) upside possible

Long
NSE:BEPL   BHANSALI ENG POLYM
Hello Everyone, i have brought another stock which has given breakout of long consolidation almost 6 years. Stock name is Bhansali Engineering Polymers Ltd and it is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market.
Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware.

Technically and fundamentally stock is really good with awesome management.
MACD is giving bullish crossover.
Price is above 200-DEMA.
Breakout already taken place and sustaining above to trendlines.


Everything is suggesting bullish reversal in stock. Stock is good for short term to long term. If anybody is holding stock at least for 1-2 years, we can get returns more than 200-500% returns. I have written all the levels on chart for short term to long term traders, go accordingly.

Business Overview:-
Company manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) resins. ABS is used to make light, rigid, molded products such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear. SAN is a plastic copolymer with thermal resistant and chemical resistant nature and its uses including housewares and consumer goods, various compounded products, packaging, appliances (electrical and electronic).

Focus:-
Company is focusing on expanding its presence in the ABS segment with a capacity expansion program. It plans to intensify its efforts to optimize its share of the ABS market segment, especially from the automotive industry with the support of its JV with Nippon.

Market Cap
₹ 3,903 Cr.
Current Price
₹ 157
High / Low
₹ 160 / 81.6
Stock P/E
21.6
Book Value
₹ 37.0
Dividend Yield
2.49 %
ROCE
24.4 %
ROE
18.1 %
Face Value
₹ 1.00
Industry PE
19.6
Debt
₹ 0.00 Cr.
EPS
₹ 7.22
Promoter holding
57.5 %
Intrinsic Value
₹ 106
Pledged percentage
0.00 %
EVEBITDA
14.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
31.1 %
Sales growth 5Years
-0.05 %
Return over 5years
27.2 %
Debt to equity
0.00
Net profit
₹ 180 Cr.
ROE 5Yr
28.8 %
Profit growth
32.3 %
Earnings yield
7.34 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.

Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)

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