⭕️ Price Action Analysis Alert !!!⭕️
⚡️Equity Trading Opportunity💡
FOR EDUCATION PURPOSE ONLY!!!
✅Company Overview:-
Established in 1966, MFL operates in two segments: Fertilizers and Other Activities. Its product portfolio includes ammonia, urea, complex fertilizers, bio-fertilizers, organic fertilizers, and neem-based pesticides. The company markets its products through a network of dealers, cooperative marketing federations, agro-industries corporations, and retail outlets.
✅Fundamental Analysis:-
1️⃣Industry: Fertilizers and agrochemicals (VIJAY brand).
2️⃣Revenue: ₹758.48 crore (-1.26% YoY, FY24).
3️⃣Profit: ₹78.7 crore; Net Margin: 3.1%.
4️⃣ROE: Negative for three consecutive years.
5️⃣Assets: ₹2,007.49 crore; Liabilities: ₹2,197.21 crore (negative equity: ₹189.72 crore).
6️⃣Shareholding: Promoters 85.27% (no pledge); Public 14.73%.
7️⃣Stock: 52-week high ₹134, low ₹75.45; volatile performance.
8️⃣Concerns: Declining sales (-34.34% FY24) and financial instability.
9️⃣Outlook: High promoter confidence, but financial risks persist.
✅Technical Analysis
📍ATH 134
📍Strong Support ₹88, 78
📍Trendline BO
📍Volume Accumulation zone
📍Rising W Chart Pattern
📍Supporting Channel Pattern
📍Strong Demand Zone
📍100 Day EMA positive long-term trend
🎯Positive trend backed by financial strength but watch for market volatility.
✅Recent Financial Performance:
📌Q2 FY2024-25: Standalone net sales of ₹532.42 crore, a 38.2% increase year-over-year.
📌October 18, 2024: Analysts identified MFL among five fertilizer stocks suited for medium- to long-term investors.
Conclusion:
Madras Fertilizers Limited has faced financial challenges, including declining sales and negative ROE. The company's high promoter holding with no pledged shares is a positive indicator. Potential investors should consider these factors and consult financial advisors before making investment decisions.
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⚡️Equity Trading Opportunity💡
FOR EDUCATION PURPOSE ONLY!!!
✅Company Overview:-
Established in 1966, MFL operates in two segments: Fertilizers and Other Activities. Its product portfolio includes ammonia, urea, complex fertilizers, bio-fertilizers, organic fertilizers, and neem-based pesticides. The company markets its products through a network of dealers, cooperative marketing federations, agro-industries corporations, and retail outlets.
✅Fundamental Analysis:-
1️⃣Industry: Fertilizers and agrochemicals (VIJAY brand).
2️⃣Revenue: ₹758.48 crore (-1.26% YoY, FY24).
3️⃣Profit: ₹78.7 crore; Net Margin: 3.1%.
4️⃣ROE: Negative for three consecutive years.
5️⃣Assets: ₹2,007.49 crore; Liabilities: ₹2,197.21 crore (negative equity: ₹189.72 crore).
6️⃣Shareholding: Promoters 85.27% (no pledge); Public 14.73%.
7️⃣Stock: 52-week high ₹134, low ₹75.45; volatile performance.
8️⃣Concerns: Declining sales (-34.34% FY24) and financial instability.
9️⃣Outlook: High promoter confidence, but financial risks persist.
✅Technical Analysis
📍ATH 134
📍Strong Support ₹88, 78
📍Trendline BO
📍Volume Accumulation zone
📍Rising W Chart Pattern
📍Supporting Channel Pattern
📍Strong Demand Zone
📍100 Day EMA positive long-term trend
🎯Positive trend backed by financial strength but watch for market volatility.
✅Recent Financial Performance:
📌Q2 FY2024-25: Standalone net sales of ₹532.42 crore, a 38.2% increase year-over-year.
📌October 18, 2024: Analysts identified MFL among five fertilizer stocks suited for medium- to long-term investors.
Conclusion:
Madras Fertilizers Limited has faced financial challenges, including declining sales and negative ROE. The company's high promoter holding with no pledged shares is a positive indicator. Potential investors should consider these factors and consult financial advisors before making investment decisions.
💡Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.