PARACABLES! The Cable Company with Big Clients.
- Good P/E (28.0), & Good ROE (19.4%)
- Quarterly results are ok. (Net Profit: 22 --> 29 --> 25)
- Very Good YoY Growth. (Net Profit: 8 --> 48 --> 86)
- VCP Pattern. Needs a push.
- Levels are marked in the chart.
- Big Clients (Both Government and Private) like Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens and others.
- Total order book of Rs. 361 Cr as of H1FY24.
Do support my idea if it is useful.
For educational purposes only. Not a buy/sell recommendation.
- Quarterly results are ok. (Net Profit: 22 --> 29 --> 25)
- Very Good YoY Growth. (Net Profit: 8 --> 48 --> 86)
- VCP Pattern. Needs a push.
- Levels are marked in the chart.
- Big Clients (Both Government and Private) like Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens and others.
- Total order book of Rs. 361 Cr as of H1FY24.
Do support my idea if it is useful.
For educational purposes only. Not a buy/sell recommendation.
Note
Trading near trendline support.
Can be a good entry point if sustains the support.
Trade closed: stop reached
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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.