About the Company:-
KRBL is India’s first integrated rice company with 120-year heritage.
KRBL is worlds leading basmati rice producer.
It produces non-basmati rice also.
It has fully integrated operations in every aspect of basmati value chain, starting from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.
Fundamentals:-
Its a Mid Cap company, Lot of scope of rise.
Current Price is more than book value but less than Graham Number & Intrinsic Value.
Stock PE is approx 3 times less than its Industry PE.
Its a dividend giving stock.
Good ROCE & ROE.
Promoters holding is good & No promoters pledged.
Company is continuously reducing debt & now debt is too less as compare to its reserves.
Almost a Debt Free company.
Piotroski Score is 6.
Company shows Good & Stable Fundamentals for long term investment.
Technical:-
Supports are marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triangle Pattern is marked in Skyblue (Within Resistance & Support Trendline).
Expecting a W pattern - marked in yellow.
Price is below 200 Weekly EMA (White line) but above 200 Monthly EMA (Pink Line).
RSI facing Trendline Resistance and volume is less - which indicates probability of Option 1.
Means fall may continue for some more time.
Option 2 can only be considered when RSI Breakout of Trendline Resistance with good volume.
Crux:-
Fundamentally good dividend giving stock.
Technically wait for support levels to enter.
Long Term investors keep Stoploss at 130.
Buy 245 - 195 -155
Stoploss 130
Tgt 423 - 565 - 650
Long Term 800 - 1000
(Aggressive Buy Entry @ 297 near 200 Weekly EMA)
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
KRBL is India’s first integrated rice company with 120-year heritage.
KRBL is worlds leading basmati rice producer.
It produces non-basmati rice also.
It has fully integrated operations in every aspect of basmati value chain, starting from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.
Fundamentals:-
Its a Mid Cap company, Lot of scope of rise.
Current Price is more than book value but less than Graham Number & Intrinsic Value.
Stock PE is approx 3 times less than its Industry PE.
Its a dividend giving stock.
Good ROCE & ROE.
Promoters holding is good & No promoters pledged.
Company is continuously reducing debt & now debt is too less as compare to its reserves.
Almost a Debt Free company.
Piotroski Score is 6.
Company shows Good & Stable Fundamentals for long term investment.
Technical:-
Supports are marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triangle Pattern is marked in Skyblue (Within Resistance & Support Trendline).
Expecting a W pattern - marked in yellow.
Price is below 200 Weekly EMA (White line) but above 200 Monthly EMA (Pink Line).
RSI facing Trendline Resistance and volume is less - which indicates probability of Option 1.
Means fall may continue for some more time.
Option 2 can only be considered when RSI Breakout of Trendline Resistance with good volume.
Crux:-
Fundamentally good dividend giving stock.
Technically wait for support levels to enter.
Long Term investors keep Stoploss at 130.
Buy 245 - 195 -155
Stoploss 130
Tgt 423 - 565 - 650
Long Term 800 - 1000
(Aggressive Buy Entry @ 297 near 200 Weekly EMA)
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.