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A specialty organic stock has good fundamental, given breakout.Hello, everyone, i have brought another stock which has given breakout and ready to fly in blue sky,, Stock name is Vinati Organics Ltd and it is incorporated in 1989, It manufactures specialty organic intermediaries and Monomers. KEY POINTS Product Profile: a) Specialty Aromatics Iso butyl benzene/ IBB, N-Butyl Benzene, Secondary Butyl Benzene, Tertiary Amyl Benzene, 3- Phenylpentane, The C10 Aromatic solvent, 4 -Butylaniline. b) Specialty Monomers: 2-acrylamido 2-methyl Propane Sulphonic Acid (ATBS), Sodium Salt Of 2-acrylamido-2-methylpropane Sulphonic Acid (NAATBS), N-tertiary Butyl Acrylamide (TBA), N-tertiary Octyl Acrylamide (TOA) c) Butyl Phenols: Ortho Tertiary Butyl Phenol/2 Tert Butylphenol, Para Tertiary Butyl Phenol/ 4 Tert Butyl Phenol, 2, 4 Di Tert Butylphenol, 2, 6 Di Tert Butylphenol d) Other Specialty Products: Isobutylene, Methanol, High purity Methyl Tertiary Butyl Ether, Tertiary Butylamine, Para tertiary butyl Benzoic Acid, Methyl 4-Tertiary butyl benzoate, Mixed Hexene e) Miscellaneous Polymers: Vintreat Polymer, VINPLAST 245, VINFLOW HT, Isohexane, CAS 64742-49-0 Clientele: Chemtall Inc., BASF Corporation, Mitsubishi Corporation, SNF, Dow Europe GMBH Capex: Company is currently undertaking capex of ~Rs.580 crore through internal accruals, viz. around Rs.300 crore in VOL for ATBS capacity expansion and Rs.280 crore in Veeral Organics Private Limited which will enable it to manufacture additional derivatives of Isobutylene. The ATBS capacity is to be expanded from 40,000 MT to ~60,000 MT. Market Share: Company is the only backward-integrated manufacturer of ATBS and butyl phenols with its own Isobutylene manufacturing unit. It ranks no.1 in the production for ATBS and IBB, commanding 65%+ market share for both these products. Market Cap ₹ 20,129 Cr. Current Price ₹ 1,958 High / Low ₹ 1,985 / 1,462 Stock P/E 62.2 Book Value ₹ 240 Dividend Yield 0.36 % ROCE 18.6 % ROE 13.8 % Face Value ₹ 1.00 Industry PE 39.5 Debt ₹ 4.65 Cr. EPS ₹ 31.5 Promoter holding 74.3 % Intrinsic Value ₹ 453 Pledged percentage 0.84 % EVEBITDA 39.5 Change in Prom Hold 0.22 % Profit Var 5Yrs 2.72 % Sales growth 5Years 11.0 % Return over 5years 12.8 % Debt to equity 0.00 Net profit ₹ 323 Cr. ROE 5Yr 20.1 % Profit growth -29.4 % 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.
NSE:VINATIORGALong
by TraderRahulPal
Momentum Swing Idea| Large Cap chemical StockTata Chemicals Ltd Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products Financial : strong Market Cap ₹ 30,007 Cr. Current Price ₹ 1,178 Stock P/E 17.3 ROCE 11.6 % ROE 12.0 % Debt to equity 0.28 Promoter holding 38.0 % Quick ratio 0.79 Current ratio 1.22 Piotroski score 9.00 Profit Var 3Yrs -30.9 % Sales growth 3Years 17.5 % Pledged percentage 0.00 % Return on assets 6.93 % this stock from large cap with well known trusted brand . also in momentum with huge volume. please read this chart and make some sense. 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
NSE:TATACHEMLong
by Momentuminvesting5540
NOCIL: Breakout Confirmed, Uptrend or Pullback Test?Analysis: The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details: Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by moderate volume, confirms a potential trend reversal from resistance to support. However, a crucial question emerges: Has the uptrend momentum exhausted, or is a pullback retest of the breakout level imminent? Trading Strategies: Aggressive: Option 1 (Immediate Long): Enter long if the price closes and sustains above the current level (₹290) with persistent buying volume. This aggressive approach assumes the uptrend will continue. Option 2 (Retest Confirmation): Enter long only if the price retests and decisively breaks above the breakout level (₹285) with renewed buying volume. This option waits for confirmation before committing. Conservative: Wait for Pullback: Wait for a potential pullback towards the breakout level (₹285) or within the previous consolidation zone (visible in the chart, likely between ₹260-₹280). Enter long only if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). This approach prioritizes minimizing risk by waiting for confirmation. Additional Considerations: The stock market is volatile, and even confirmed breakouts can experience pullbacks. Conduct thorough fundamental research to assess NOCIL's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:NOCILLong
by TRADING-NASA
HSCL - LETS SET A TARGETNSE:HSCL Himadri Speciality Cheimical Limited , formerly Himadri Chemicals & Industries Limited, is engaged in the business of manufacturing various grades of coal tar pitch and other byproducts derived during the distillation process. TTM EPS: 1.70 TTM PE: 41.59 Sector PE: 79.00 Book Value Per Share: 42.78 P/B: 1.66 Face Value: 1 Mkt Cap (Rs. Cr.): 2,962 Dividend Yield: 0.21 Some Positives: New 52 Week High Good quarterly growth in the recent results Growth in Net Profit with increasing Profit Margin (QoQ) Company with Low Debt Increasing Revenue every quarter for the past 2 quarters Book Value per share Improving for last 2 years Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Stock gained more than 20% in one month Strong Momentum: Price above short, medium and long term moving averages My Opinion: It is a Stage 2 stock. I won't be surprised if it gives 2x 3x returns. Keep a eye on 50-200 EMA crossover also in future. NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
NSE:HSCLLong
by babutaaniket
RCF Analysis - Don't miss this opportunityNSE:RCF EDIT- 1st, 2nd, 3rd, 4th and 5th indicates attempts to break the trendline and not the date. The dates ( in MM/YYYY) are written below the attempt number. Rashtriya Chemicals and Fertilizers Limited (RCF) manufactures and markets various kinds of fertilizers such as urea, bio-fertilizers, micro-nutrients, water soluble fertilizers, soil conditioners etc. TTM EPS: 11.28 TTM PE: 8.39 Sector PE: 17.42 Book Value Per Share: 60.42 P/B: 1.57 Face Value: 10 Mkt Cap (Rs. Cr.): 5,218 Dividend Yield: 3.15 Some Positves: Rising Net Cash Flow and Cash from Operating activity Company with high TTM EPS Growth Strong Annual EPS Growth New 52 Week High Effectively using its capital to generate profit - RoCE improving in last 2 years Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Increasing Revenue every Quarter for the past 4 Quarters Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Company able to generate Net Cash - Improving Net Cash Flow for last 2 years Annual Net Profits improving for last 2 years Book Value per share Improving for last 2 years Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Stock gained more than 20% in one month Strong Momentum: Price above short, medium and long term moving averages Some Negatives: Over the last 5 years, revenue has grown at a yearly rate of 0.23%, vs industry avg of 7.19% Over the last 5 years, net income has grown at a yearly rate of 17.29%, vs industry avg of 31.88% Over the last 5 years, market share decreased from 8.45% to 6.02% If sanctions over Russia are withdrawn then it may have a negative impact on Indian fertilizer companies. My Opinion: GoI is selling stake in RCF & NFL to reach Rs 23k crore disinvestment target. The company has double cash reserve than debt. Russia and Ukraine produce around 20-25% of global fertilizer production. The supply has taken hit and this presents a good opportunity for Indian companies. The volume indicates that the price will breakout the trendline this time. First target 100 above that 135-140 is very much possible in next 3 months. NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
NSE:RCFLong
by babutaaniket
EPIRGRAL LTD / Meghmani Finechem LimitedEpigral is India's 4th largest manufacturer of Caustic Soda, Chlorine and Hydrogen and a leading manufacturer of Caustic Potash, Chloromethanes and Hydrogen Peroxide. Epigral is strengthening its position in the specialty chemical segment by expanding CPVC Resin capacity to 75,000 TPA, setting up CPVC compound capacity of 35,000 TPA, entering into the Chlorotoluene & value chain and setting up R & D centre. The company said it has launched first research and development centre at Ahmedabad spread over 14,374 square metres with an initial investment of Rs 30 crore. PE is attractive at 18.17, lower than its sector PE ratio of 104.49. Annual Revenue rose 41.24%, in the last year to Rs 2,196.38 Crores. Its sector's average revenue growth for the last fiscal year was 16.95%. Annual Net Profit rose 39.76% in the last year to Rs 353.29 Crores. Its sector's average net profit growth for the last fiscal year was 4.91%. Promoter Share Holding remains same at 71.38%. Worth holding the stock for 2-3 Years !!!
NSE:EPIGRALLong
by rsptraders2017
2
Are you in Queue to Brew with Vishnu ?- Company is expected to give good quarter - Company has delivered good profit growth of 56.1% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 25.2% - Annual Revenue rose 30.8%, in the last year to Rs 1,406.2 Crores. Its sector's average revenue growth for the last fiscal year was 17.1%. - Annual Net Profit rose 67.8% in the last year to Rs 136.6 Crores. Its sector's average net profit growth for the last fiscal year was 6.9%. - Quarterly Revenue rose 0.7% YoY to Rs 338.6 Crores. Its sector's average revenue growth YoY for the quarter was 1%. - Quarterly Net profit rose 24.7% YoY to Rs 35.6 Crores. Its sector's average net profit growth YoY for the quarter was -27.8%. - P/E Ratio is 15.8, lower than its sector PE ratio of 47.9. - Return on Equity (ROE) for the last financial year was 33%, more than 20% in the last financial year. Pledged Shares Total promoter shareholding pledged was 41% in September 2020 It came down to 36% as of September 2022 Recently Promoter Pledge fell 32.2% QoQ taking the total promoter holding pledge % to 3.8%. Incorporated in 1989, Vishnu Chemicals Limited is in the business of manufacturing, marketing and export of Chromium chemicals and Barium compounds across the world. Located in Hyderabad, the company is serving more than 12 industries across 57 countries globally and has 40% market share of Barium Carbonate in India. The key raw material is Barytes. User Industries Their products are used in Pharmaceuticals, Automotive, Wood, Leather, Paper, Ceramic, Construction, Metals, Plastics, Refractory, Glass, Pigment, and Dyes. Industry Demand Drivers a) Chromium Compounds: 700,000 MTPA is the global demand for Chromium chemicals growing at 6% p.a. India’s demand would be around 60,000 MTPA which includes SDC and its derivatives. b) Barium Carbonate: Global Barium Carbonate market size is USD 575 M growing at 6% CAGR. India’s demand is about 35,000 MTPA. CAPEX For the Chromium business, debottlenecking has led to a capacity increase of 10,000 TPA, an increase of 14% on existing plate capacity. Production started from Q2FY23. The total upgradation required an investment of Rs 30 Cr. For the Barium business, Brownfield expansion to introduce a new speciality chemical to aid Barium portfolio diversification is on track and is expected to be commissioned by Q1FY24. Total investment required is Rs 90 Cr.
NSE:VISHNULong
by CannySunny
6