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Munish_Jain
Feb 19, 2024 4:20 AM

DHAMPURSUG | Positional Trade Long

DHAMPUR SUGAR MILLNSE

Description

📊 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

📚 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

📈 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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