Advancedenzymes
ADVANCED ENZYME TECH - 105% RETURNS!!!BUY - ADVANCED ENZYME TECHNOLOGY LTD
CMP - Rs. 289
Target - 1: Rs. 385
Target - 2: Rs. 475
Target - 3: Rs. 590
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Technicals - Cup and Handle Pattern
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Fundamentals -
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.
1) The company is almost debt free.
2) The company has been maintaining a healthy dividend payout of 19.5%.
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A) Market Position -
The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally.
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B) Product Portfolio -
The company manufactures and markets over 400+ proprietary products developed from 68+ enzymes and probiotics. It has approx 13 patents in its name.
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C) International Presence -
The Co. is present in more than 45 countries in the world and caters to more than 700 customers worldwide. The geographic split for FY22 is as follows:
India - 44%
Americas - 40%
Europe - 6%
Asia (Excluding India) - 7%
Rest of the World - 3%
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D) Business Segments -
Human Healthcare (68% of revenues)
The company provides proprietary enzyme products and customized enzyme solutions to various pharmaceutical and nutraceutical companies in India, North America, Asia (ex-India), Europe, and other countries globally.
Animal Nutrition (11% of revenues)
It provides enzyme-based feed additives for the animal nutrition industry, mainly catering to poultry and swine. Animal Nutrition product offering enables animals to maximize the nutrients they absorb from the feed which helps the customers to reduce the feed costs.
Industrial Bioprocessing (12% of revenues)
The company produces non-food processing enzymes for various industries such as textiles, leather, detergent, and pulp & paper, which are used in the manufacturing of a wide range of products. It also produces food processing enzymes which are essential for enhancing food and beverage products.
Specialized Manufacturing (9% of revenues)
In this segment, the Co. manufactures products based on effervescent technology. These effervescent products extend solutions in Nutraceutical, Pharmaceutical, Bakery, Washing solutions, and other Speciality products.
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This is just a view by an expert analyst, please invest at your own risk.
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Advanced Enzyme Technologies Ltd - Capital Market Analysts
Hie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Advanced Enzyme Technologies Ltd. engages in the research, development, manufacture, and sale of enzyme products. It offers products for human nutrition, animal nutrition, food processing, and non-food processing.
*FII/FPI have increased holdings from 16.01% to 17.11% in Dec 2020 qtr.
*Company is almost debt free.
*Promoter holding has decreased over last 3 years: -15.93%
For more, you can check the stock out on screener.in/company/ADVENZYMES/consolidated/#peers
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
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The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Advanced Enzymes | Chart of the Week 09-01-2021Advanced enzymes has formed a wonderful triangle pattern and as soon as it comes out of its pattern on the upper side, the stock should rally towards Rs.445, but it should only be bought post breakout and not before that. Also Stop Loss can be the resistance line of the triangle once that is taken out. Once the stock rises, make 50EMA as your Stop Loss as it is acting as a brilliant support for the stock.