babutaaniket

MANALIPETRO - Presenting a great opportunity

Long
NSE:MANALIPETC   MANALI PETROCHEMS
MANALIPETC

Manali Petrochemicals Limited (MPL) is engaged in the business of manufacture of petrochemicals. The Company is engaged in offering polyols and propylene glycol.

  • TTM EPS; 23.17
  • TTM PE: 6.10
  • Sector PE: 25.84
  • Book Value Per Share: 39.53
  • P/B: 3.58
  • Face Value: 5
  • Mkt Cap (Rs. Cr.): 2,432
  • Dividend Yield: 1.06

Some Positives:
  • High Piotroski Score - Companies with strong financials
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth
  • High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 2 quarters
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge
  • FII / FPI or Institutions increasing their shareholding
  • Near 52 Week High
  • Stock gained more than 20% in one month
  • Strong Momentum: Price above short, medium and long term moving averages

Some Negatives:
  • Not really any.

My Opinion: It is a gem of a company considering the fundamentals. I can see it rally till 165-190-205 in short term. !38 is key support level now. If it falls below that then 128 should be a stop-loss.

NOT A RECOMMENDATION. JUST FOR EDUCATION.

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