Munish_Jain

DHAMPURSUG | Positional Trade

Long
NSE:DHAMPURSUG   DHAMPUR SUGAR MILL
πŸ“Š DETAILS
Sector: Sugar
Mkt Cap: 1,665 cr

Dhampur Sugar Mills (Dhampur) is one of the leading integrated sugarcane processing companies in India. Our continuous and often pioneering efforts to harness the full potential of sugarcane has enabled us to expand our portfolio beyond sugar to include renewable power, fuel ethanol, alcohol, extra neutral alcohol, alcohol based chemicals and bio fertilizers.

TTM PE : 11.65 (High PE)
Sector PE : 11.70
Beta : 0.84

πŸ“š INSIGHTS
Slowing down stock
Stock with good financial perrformance alongside good to expensive valuation, but technical indicators shows weak momentum indicating no investors interest in stock.

23.07% away from 52 week high
Underperformer - Dhampur Sugar Mills down by -3.97% v/s NIFTY 50 up by 2.22% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Comment:
Target 2 only possible if target 1 is hit.. just marked for future
Comment:
Stock below 200 MA. Ideally should not buy
Trade closed: stop reached
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