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Campusactivewear

Campus Activewear LtdCampus Activewear Ltd was incorporated on September 24, 2008, and is one of India’s largest sports and athleisure footwear brands in terms of value and volume. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, styles, and at affordable prices. FUNDAMENTALS :GREAT .NOW VALUATION IS ALSO RESONABLE. Market Cap₹ 10,913 Cr. Current Price₹ 357 ROCE 16.7 % ROE14.9 % Profit Var 3Yrs 49.5 % Sales growth 3Years26.8 % Promoter holding 73.9 % as per chart reading there is huge volume came in this month and momentum also in positive zone. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
BSE:CAMPUSLong
by Momentuminvesting5540
1
Campus Footwear cmp 317 .00by Weekly Chart views since listedCampus Footwear cmp 317 .00by Weekly Chart views since listed - Resistance Zone at 313 to 232 Price Band - Bullish Head & Shoulder pattern in the last leg of completion stage with neckline at Resistance Zone - Stock Price above Crossover of Falling and Rising Trendlines indicative of positive upside movement - Price closure above the Resistance Zone with supportive increase in Volumes would provide fresh upside breakout momentum
NSE:CAMPUSLong
by PIYUSHCHAVDA
Falling Knife Stock-A case study approach!Introduction:- We have seen an amazing bull run in global markets including our Indian markets in the past 3 years. Many investors have been able to gain multibagger returns from this bull run. However, we all must understand that like every coin has 2 sides, every bull run has few stocks which are either under performing(like our beloved HDFC Bank) or are part of falling knife category. A falling knife is a term used when a security, such as a stock, quickly drops in price. During such instances, investors are recommended to wait for the security to reach its lowest point before buying back in. (Source: CFI) The reason for falling knife could be change of fundamentals, weak results, future degrowth prediction or anything beyond our understanding. And it is important to identify such stocks . Investors try to enter such stocks thinking they have caught the bottom just to keep funds locked in the stock for longer times. Hence,it is beneficial to stay away from them until a reversal pattern is seen with good volumes in weekly time frame. Case study:- Let's discuss one such stock from the footwear category, Campus Activewear. Company is one of India’s largest sports and athleisure footwear brands in terms of value and volume. Good return ratios(ROE,ROCE) above 20%, high sales growth of 32% in last 3 years,slightly expensive valuation but hardly anything so wrong in fundamentals from my understanding. Being a techno fundamental investor, I look at lot of things from fundamental as well as technical perspective before entering. So, from a technical view, just have a look at stock's chart. In late 2022, stock was around 620 levels and now stock is trading near 270 levels which is more than 50% of wealth destroyed. A proper example of Falling Knife whose bottom is still not made. There must be some unlucky investor who is holding the stock from the tops expecting a reversal but what he has missed is the amazing bull run of Nifty from 18800 to 22000 in this last 10 months. And that is a huge miss. Learnings:- #1:-If you are an investor with have limited capital, it is better to have a Stoploss even for your investment stocks in a bull run. Remember, Even Warren Buffet owned Berkshire Hathway booked loss in Paytm #2:-If you are an investor with good amount of free capital, just forget! Don't have FOMO. Cash equity securities are beautiful and unpredictable. We might see this stock above 1000rs levels or below 100rs in the next 5 years. Remember, even The best of best investors owned few stocks which failed miserably. #3:- For an investor trying now to hunt a bottoming/reversal opportunity,do wait for stock to sustain a weekly closing above 320 which is a strong resistance. Remember, not even promoters can catch exact tops and bottoms, so you also should not try to! Conclusion: I would say that if you trust your analysis and company's fundamentals, you should not listen to outside crowd. However, A falling knife can act as a dagger in your portfolio . A smart investor is one understands what company's business is as well as what the stock's chart is trying to say.
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NSE:CAMPUS
by chartistamey
19
Campus Activewear tanks 10%; hits new lowCampus Activewear tanks 10%; hits new low on weak Q2 results The company experienced subdued performance amid reduced sales volumes during the quarter due to a difficult macro-economic environment and some channel inventory correction . Shares of Campus Activewear hit a new low of Rs 237.70, as they slipped 10 per cent on the BSE in Friday’s intra-day trade after the company reported a sharp 97.8 per cent decline in its profit after tax at Rs 0.30 crore in September 2023 (Q2FY24), due to weak operational performance. The footwear company had posted a net profit of Rs 14.5 crore in a year ago quarter.
NSE:CAMPUS
by chetnaparmar833
UPDATE ON CAMPUS ACTIVEWEARI updated about this stock a while ago. The correction took a little longer than I anticipated last time. It has turned out to be a complex form of correction. So far looks like 2 set of ABC and each connected by wave X. We mark it as WXYXZ and now the last set denoted by Z is under formation. As per books the Z can be in form of triangle, or a simple ABC as previous ones.. or even be a single leg. So wait for a little more and then it will be good to hold for long term. Lets have patience with this stock. All the best.
NSE:CAMPUSLong
by LBilgir