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MANYAVAR - Perfect Rounding Bottom
VEDANT FASHIONS LTD
Long
MANYAVAR - Perfect Rounding Bottom
By babutaaniket
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Updated
Sep 4, 2022
5
Apr 3, 2022
MANYAVAR
Vedant Fashions
is engaged in manufacturing, trading, and sale of readymade ethnic wear for men, women and kids primarily in India.
PE Ratio: 182.32
PB Ratio: 22.20
Sector PE: 1,245.48
Sector PB: 6.10
Sector Div Yld: 0.51%
Some Positives:
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Near 52 Week High
Some Negatives:
Companies with growing costs YoY for long term projects
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion:
The low liquidity is my only big concern. Otherwise the rounding bottom pattern is screaming BUY.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Apr 6, 2022
Trade active
Great move of 10 %. CMP 1100
Sep 4, 2022
Note
04-09-2022: MANYAVAR CMP 1300.20
BSE
buy
Chart Patterns
Fundamental Analysis
india
MANYAVAR
nse
Trend Analysis
vedant
babutaaniket
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