NUVOCO VISTA CORP by KRS Charts18th October 2024 / 11:20 AM
Why NUVOCO ❓
1. Although Stock was in Down trend, Recent Dow Theory is in Favour as we can see in Chart.
2. Breakout and Retest and most importantly sustaining the level with new HL.
3. Once fake Buy side Entry with Huge volume is spotted ❗
4. MACD positive crossover and RSI is near 60
All the Bullish Traits will confirming bullish movement is expected soon with breakout ‼️
Target 484 Rs with SL of 320 Rs.
Cement
NIRAJ CEMEMT STRUCTURECompany has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 77.3% CAGR over last 5 years
Debtor days have improved from 61 to 44 days.
Company's working capital requirements have reduced from 81 days to 59 days
MicroCap
200cr market cap
PE 12
EBIDT growth 3Years 75 %
EPS growth 3Years 107 %
EPS growth 5Years 52 %
ROIC 15%
ROCE 12%
ROE 10 %
Digvijay cement-A multibagger in making?Digvijay cement has given a beautiful cup and handle pattern breakout.
Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame.
Stock is looking very strong for a big bull run ahead.
Stock has good fundamentals as well and can be held for long term as well.
It is a good stock for multibagger investment as cement sector will definitely grow with growing infra and realty sector.
Ratios at CMP are attractive
PE ratio is around 18, Dividend yield is above 3%.Zero debt company.
ROE, ROCE is above 20.
Current ratio is above 1 and Price to sales is just around 2.
KCP - Breakout CandidateThe KCP Limited is engaged in cement, engineering, power and other businesses.
Market Capitalization Cr: 1,726.3
Price to Book: 1.1
PE TTM: 30.9
PEG TTM PE to Growth: -0.51
Price to Book Value: 1.14
Oper Rev Qtr Cr: 31.4%
Net Profit Qtr Cr: 21.4%
1Yr Beta: 1.14
RSI: 69.1
Positives:
Quarterly Net profit rose 21.47% YoY to Rs 30.31 Crores. Its sector's average net profit growth YoY for the quarter was 56.47%.
Quarterly Revenue rose 31.38% YoY to Rs 757.27 Crores. Its sector's average revenue growth YoY for the quarter was 16.43%.
Price to Earning Ratio is 30.95, lower than its sector PE ratio of 53.86.
Annual Revenue rose 6.77%, in the last year to Rs 2,292.08 Crores. Its sector's average revenue growth for the last fiscal year was 19.46%.
Strong Momentum: Price above short, medium and long term moving averages
Company with Low Debt
Increasing Revenue every quarter for the past 3 quarters
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Near 52 Week High
Negatives:
Inefficient use of shareholder funds - ROE declining in the last 2 years
Decline in Net Profit with falling Profit Margin (QoQ)
Declining Net Cash Flow : Companies not able to generate net cash
Major fall in TTM Net Profit
NOT A RECOMMENDATION. JUST FOR EDUCATION.
Thanks
Shree Cement : Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag & Pole
📌 Symbol/Asset: SHREECEM
🔍 Description: Stock is in a different patterns. Stock should give breakout above 27400-27500
If stock is not able to cross the Resisstance then we can see correction till the support of 24200-24300.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
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ACC formed Bearish Marubozu on 1DNSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.
ACC formed Bearish Marubozu and gave closing below it.
Entry : 2024.5
Target : 1913
SL : 2106
RR : 1.36
ACC - Multi Directional View waiting for confirmationThe Channel Breakout technique is a simple, robust trading method made famous by the Turtles Traders. It's a profitable pattern favoured by many great traders and money managers. Like the Moving Average Breakout method, the Channel Breakout attempts to catch the early trend.
ACC ltd technical analysis 1W chart, Short term With cement stocks trading near upper trend line which makes the sector to be more promising in the short term. ACC ltd being one of Adani's which will be having high speculation and stock have undergone huge correction of 35% from ATH.
ACC stock has a high potential for short term as the stock is trading at same price as of 8 years back. The stock has a good swing high of 60% and 40% swing low from the current price.
Buy ->1600-1650
Sell -> 2400-2800(12-15months)
Stop loss -> 1400-1450
Dalmia Bharat | HH-HL Uptrend Continues | 40% Upside NSE:DALBHARAT
Stock is continuously making Higher High & Higher Low Pattern
Current Price trading above all major Weekly Exponential Moving Avgs
RSI in Bullish Zone
Tgt: 2140 - 2350 - 2680
SL : 1675
Upside Potential : 40%
Time Frame : 3 - 12 Months