Long
LANCER CONTAINER CMP 323 DATED 30-9-2022 Price+Volume+
LANCER CONTAINER CMP 323 DATED 30-9-2022
1. Price rise with Volumes.
2. Double top BO above 330
Buy above 330 for a target 375-405 SL 300
PROS
Company is expected to give good quarter
Company has delivered good profit growth of
74.7% CAGR over last 5 years
Company has a good return on equity (ROE)
track record: 3 Years ROE 34.3%
Company's median sales growth is 41.0% of last
10 years.
CONS
Stock is trading at 13.8 times its book value
Promoter holding has decreased over last
quarter: -6.71%
Company might be capitalizing the interest cost
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
1. Price rise with Volumes.
2. Double top BO above 330
Buy above 330 for a target 375-405 SL 300
PROS
Company is expected to give good quarter
Company has delivered good profit growth of
74.7% CAGR over last 5 years
Company has a good return on equity (ROE)
track record: 3 Years ROE 34.3%
Company's median sales growth is 41.0% of last
10 years.
CONS
Stock is trading at 13.8 times its book value
Promoter holding has decreased over last
quarter: -6.71%
Company might be capitalizing the interest cost
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Trade active
cmp 355Trade closed: target reached
went high upto 431
Disclaimer
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