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Bhansaliengineering

BEPL - 15% upside potential - Multiyear BO Setup!Price Analysis & Overview: 1. Good volumes 2. Strong Breakout and Retest done 3. Good candle formations. Trade Plan: Entry = 160 SL = 10-12% TP = 20-25% - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:BEPLLong
by SuperNova396
4
6 Years Consolidation Breakout in BEPL || (456%) upside possibleHello Everyone, i have brought another stock which has given breakout of long consolidation almost 6 years. Stock name is Bhansali Engineering Polymers Ltd and it is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market. Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware. Technically and fundamentally stock is really good with awesome management. MACD is giving bullish crossover. Price is above 200-DEMA. Breakout already taken place and sustaining above to trendlines. Everything is suggesting bullish reversal in stock. Stock is good for short term to long term. If anybody is holding stock at least for 1-2 years, we can get returns more than 200-500% returns. I have written all the levels on chart for short term to long term traders, go accordingly. Business Overview:- Company manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) resins. ABS is used to make light, rigid, molded products such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear. SAN is a plastic copolymer with thermal resistant and chemical resistant nature and its uses including housewares and consumer goods, various compounded products, packaging, appliances (electrical and electronic). Focus:- Company is focusing on expanding its presence in the ABS segment with a capacity expansion program. It plans to intensify its efforts to optimize its share of the ABS market segment, especially from the automotive industry with the support of its JV with Nippon. Market Cap ₹ 3,903 Cr. Current Price ₹ 157 High / Low ₹ 160 / 81.6 Stock P/E 21.6 Book Value ₹ 37.0 Dividend Yield 2.49 % ROCE 24.4 % ROE 18.1 % Face Value ₹ 1.00 Industry PE 19.6 Debt ₹ 0.00 Cr. EPS ₹ 7.22 Promoter holding 57.5 % Intrinsic Value ₹ 106 Pledged percentage 0.00 % EVEBITDA 14.6 Change in Prom Hold 0.00 % Profit Var 5Yrs 31.1 % Sales growth 5Years -0.05 % Return over 5years 27.2 % Debt to equity 0.00 Net profit ₹ 180 Cr. ROE 5Yr 28.8 % Profit growth 32.3 % Earnings yield 7.34 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
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NSE:BEPLLong
by TraderRahulPal
31