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MRO-TEK high volume breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since October 2021, NSE:MRO_TEK has given a high volume breakout today. Buy with a stop at ₹64. Other fundamentals: 1. TTM sales growth of 340% and TTM profit growth of 895%. 2. Debt to equity at 0.94 (less than 1 is good), Interest Coverage at 14.2 (greater than 3 is good), FCF to CFO at 122%. 3. Promoter holding increased from 54.19% in September 2020 to 55.04% in March 2022. 4. The company removed 15 products from its product line based on technology obsolescence and market movement. It also introduced new products in its protfolio such as Industrial grade switches, L2/L3 switches, coach switches and fibre/ IP modems. 5. The company entered into electronic manufacturing services space in 2017. It focuses on Aerospace, Defence and Medical Sectors. Clients include alpha design, LnT Defence, AutoTec (Adani Defence), DRDO, TerumoCorp, SkanRay, Mass trans, Sensei Electronics and Grey orange. The company is also being considered for large scale manufacturing requirements of Cipla Ltd. 6.
NSE:MRO_TEKLong
by akashbothra
Redington ready for breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a long consolidation since July 2021, NSE:REDINGTON is ready for a breakout. Volumes are also looking very good. If it grosses ₹180 with large volumes, buy with a stop at ₹160. Other fundamentals: 1. TTM revenue growth of 12% and TTM sales growth of 111%. 2. QoQ revenue growth at 13%, QoQ EBITDA growth at 19% and QoQ PAT growth at 26%. 3. Borrowing came down from 2775Cr to 622Cr in 2021. 4. Debt to equity at 0.13 (less than 1 is good), Interest Coverage at 14.8 (greater than 3 is good), Current ratio at 1.61 (greater than 1.5 is good), FCF to CFO at 92.4%. 5. The company has been maintaining a healthy dividend payout of 36.85%. 6. FII holdings increased from 39.01 in September 2021 to 40.05 in December 2021. 7. The regions that we operate in, the regions of India, South Asia, Middle East, Africa, Turkey all of these countries happen to be in a very positive zone from a GDP perspective. The prognosis is going forward for each of these countries is very strong positive GDP growth and also an associated strong ICT (information and communication technology) growth as well. The reason why ICT and GDP are going hand in hand over there is, there is a very strong infrastructure push by government in these regions, in these countries to make sure that there is investment led growth that is taking place and obviously that is consumption led but largely most of these regions were driven by consumption but now they happen to be driven by investment as well and that is something which is far more sustainable from a long-term perspective. (excerpt from Concall February 22) 8. The other thing that we are seeing apart from tech consumption is a manner in which tech is getting consumed. The buying behavior is shifting. What we will buy and how they buy is shifting. So, people used to buy in a very capital intensive manner but all of that is shifting to “as-a-service” model, product to service is shift from owned to subscription base model and then people are also shifting from a business model of a brick and mortar which is very strong of the retail into the shop-showroom kind of a buying and they are shifting to a lot more online omnichannel and everything in between. There is an omnichannel world we are seeing to play out as we speak and I feel good about the fact that we are in a very strong position to maximize and capitalize on all the trends that are taking place right in the market because our play is purely technology. (excerpt from Concall February 22) 9. Being the second largest distributor of IT products in India, it is a premier distributor of products for 200 + global technology vendors. It also leverages its presence in the field of Repairs and maintenance of technology products & Infrastructure. 10. Apple, Nokia, amazon web services, SYSTIMAX SOLUTIONS, HITACHI, Red Hat, SanDisk, McAfee SECURE, Western Digital, Microsoft, HUAWEI, FORTINET, ASUS, AVAYA, AUTODESK, Acer, Canon are few of its reputed Brand partners. 11. EBITDA margin is going in right direction and that is absolutely a reality and the reason that this is taking place is because you would find that we are in the market situation where there is a demand and there is a demand which is chasing supply right now, so it is not the other way around. As demand is outstripping supply at the moment, that allows you to have a higher gross margin business and we are just close to higher EBITDA margin as well. That is one part of the business. Secondly, while Apple has been lower in business but the margin is happening. Also, a lot of these margins are driven by a growth in the enterprise business, enterprise business which is server, storage, network, software, cloud, and services around that, those are ones which is a great driver of margin and profitability. Our enterprise business in this quarter has grown 28%, so I think that is a very strong growth and it is obviously different for Middle East and different for India but overall, at a consolidated level, the business has grown that much. It is a very strong growth and that is really leading to a higher EBITDA margin. It is the business mix that is shifting a lot more towards enterprise which is giving us lot more margins. (excerpt from Concall February 22) 12. Our Cloud business for the quarter, Q3 is Rs. 411 crs and that is a very strong 35% YoY growth. Services as a proportion of Cloud business is just about 3%. It is not that great but it still trending in the right direction and as you go forward, I think that is the area like I said earlier the consumption for model across the world is changing into much more as a service model and Cloud plays straight into that, from an enterprise perspective. So we expect a very strong growth in Cloud. The margins of enterprise business are better off generally. The cloud hardware and cloud product business, runs at a similar margin as the enterprise level which will be around in the range of ~6% but the cloud services business runs at a much higher margin which is in the range of ~25% to 30%. (excerpt from Concall February 22) 13. It is difficult to hazard a guess on from the perspective of what exact growth number would you want to look for but I can tell you the prognosis for ICT industry in India is 8.8% growth over the course of next one year, the prognosis for ICT industry in the Middle East and Africa over the course of next couple of quarters which is the full year is about 2.7% to 2.8%. The thing that I can show you is that we will always be trying to grow ahead of the market beating a market by a factor, I think that is all I think it is only products to say but our growth does not come literally only from that growth, our growth has got many other dimensions. These are their dimensions of what brands we can acquire, what geographies is that we can open up for ourselves, what new markets we can really capture and how we can do share gains, all of that from playing last year the industry whatever it did and we are doing much faster than the industry and we should continue to grow faster than industry over the course of next couple of quarters. (excerpt from Concall February 22) 14. We have a double-digit growth target. I cannot give the exact number. That would be very forward-looking statement, but I can let you know that we will take target double digit growth. (excerpt from Concall February 22) 15. I think 5G opportunity you are trying to crystal gaze in three years to five years’ timeframe, 5G like I said is going to be a game changer for a lot of our industries whether it is healthcare or it is retail, it is manufacturing of the industry, food or it has any film editing, video, etc. For all those industries, 5G is going to be a game changer. It is a game changer because the way the direction in which the world is moving, it is moving towards a lot more voice enabled and a lot more video enabled, all of that is fueled by 5G. (excerpt from Concall February 22)
NSE:REDINGTONLong
by akashbothra
GPIL support retest and bounce back1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a long consolidation since July 2021, NSE:GPIL gave a high volume breakout on 11th April. On 12th April it retested its support level and bounced back. It is a buy with a stop just below his 432. Other fundamentals: 1. CRISIL Ratings had upgraded its rating on the long-term bank facilities of GPIL to 'CRISIL A+/Stable’ from ‘CRISIL A/Stable’, and has reaffirmed its ‘CRISIL A1’ rating on the short-term bank facilities. 2. It is expected that GPIL’s credit risk profile will improve in the near term aided by faster-than-anticipated deleveraging. On standalone basis, the company turned term debt free in the second quarter of fiscal 2022 and healthy liquidity is expected to be maintained going forward. As a result, consolidated leverage has improved significantly, as indicated by improvement in debt to earnings before interest, tax, depreciation and amortisation (Ebitda) ratio of 0.7 times as on March 31, 2021, compared with 2.7 times a year earlier. Operating efficiency should improve further as the entire iron ore requirement will be met through captive mines after ramp up of production on incremental capacity. Additionally, the augmentation of steel-making capacity in the current fiscal will strengthen the market position further. 3. High realisations across the steel industry boosted the performance of GPIL in fiscal 2021 despite disruptions amid the Covid-19 pandemic and the performance is likely to remain strong this fiscal as well. Standalone operating income and operating profit grew by 32% and 139%, respectively, in fiscal 2021, and are likely to further rise in fiscal 2022, as evident from the first quarter financial performance. Operating profitability will structurally improve over the medium term, supported by enhanced backward linkages leading to cost saving, ensuring healthy cash generation. 4. The company has a plan for setting up a greenfield integrated steel plant with capacity of 1.5-2 million tonne (MT) of flat products at estimated capital outlay of around Rs 4,000 crore over the next 3-5 years. The company has initiated the process for land acquisition and other regulatory clearances for setting up the project. Given the initial stage of the project, the structure including the funding mix and other modalities are not yet finalized. According to the management the debt to Ebitda ratio will not exceed 1 time for the entire tenure of the project. 5. The company meets 100% of its power requirement through its captive power capacity of 73 MW (WHRS 42 MW, biomass 20 MW and coal 11 MW) and an additional 25 MW by an arrangement with Jagdamba Power & Alloys Ltd (JPAL; associate company). In addition, the company has coal linkages with Coal India Ltd for around 46% of its requirement. Forward integration has led to diversified products (wire rods, hard bright wires and pre-fab structures) and revenue profile with the flexibility of selling products based on realisations. Furthermore, efficiency measures, such as setting up an iron ore beneficiation plant (to improve the iron content and thus realisation) and hot rolling mill in the same premises (reduces transportation cost and reheating requirement) and a captive solar photovoltaic plant for increased steel capacity, will improve the operating efficiency and profitability sustainably. 6. Consolidated cash accrual, expected over Rs 1,000 crore in fiscal 2022, will comfortably cover minimal term debt obligation. 7. TTM sales growth at 48% and TTM profit growth at 295%. 8. The company has delivered good profit growth of 55.88% CAGR over last 5 years. 9. Company has a good return on equity (ROE) track record: 3 Years ROE 26.19%. 10. Debt to equity at 0.18 (less than 1 is good), Interest Coverage at 31.4 (greater than 3 is good), Current ratio at 2.25 (greater than 1.5 is good). 11. Debt reduced from ₹2214Cr. in 2017 to ₹469Cr. In September 2021.
GLong
by akashbothra
Panama Petro breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since January 2022, NSE:PANAMAPET has given a break out on 13th April. Buy with a stop at Rs.298. Other fundamentals: 1. TTM sales growth of 90% and TTM and profit growth of 186%. 2. At a consolidated level, PPL reported a healthy revenue growth of Rs. 1,114.7 crore in H1 FY2022, compared with Rs. 1,447.0 crore in FY2021 on the back of healthy sales volume and higher average sales realisations. ICRA also notes the improvement in the operating profit margin to 14.3% in H1 FY2022 against 13.2% in FY2021. The margin improvement was on the back of better realisation following healthy demand and measures taken by the company, which increased the share of high-margin products to its total revenues and inventory gains. 3. The company has a strong customer profile, including large international FMCG companies such as Dabur and Marico, and reputed players in the textile, ink and tyre sectors, and has long-term relationships with several of its key clients. The company’s customer profile remains well-diversified across several industries, mitigating the risks of a demand slowdown in any particular sector. PPL’s revenues are well-diversified in the domestic and overseas markets. Its exports account for 40-45% of its total standalone sales distributed across Africa, East Asia, South America, and Europe. The company also operates in West Asia through its subsidiary, Panol Industries RMC. Further, PPL has a diversified presence in India. A geographically diversified revenue base helps mitigate the risks against slowdown in any market. 4. PPL’s liquidity is expected to remain strong, supported by healthy cash accruals and low utilisation of its working capital limits. Further, it has no long-term debt repayment obligations and the consolidated cash and bank balance was Rs. 44.86 crore (Rs. 28.38 crore, standalone) as on September 30, 2021. The company has capacity expansion plans of Rs 100 crore over a three year period, which will be funded by internal accruals. 5. The company has delivered good profit growth of 40.00% CAGR over the last 5 years. 6. The company is almost debt free. 7. Debt to equity at 0.07 (less than 1 is good), Interest Coverage at 39.6 (greater than 3 is good), Current ratio at 2.13 (greater than 1.5 is good). 8. As on 31st March 2022, Anil Kumar Goel has 1.56% and Ramesh Damani has 1.26% stake in the company.
NSE:PANAMAPETLong
by akashbothra
Jash Agreement Sign Up with German Company & Breakout 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since June 2021, NSE:JASH has given a high volume breakout today after an agreement sign up with German company Invent Umwelt & Verfahrenstechnik AG. The company has registered TTM sales growth of 31% and TTM profit growth of 92% in the December quarter. It is a buy with a stop at Rs.535. other fundamentals: 1.JASH has signed an agreement with Invent Umwelt & Verfahrenstechnik AG, Germany for manufacturing of agitators, mixers and aeration equipment. Invent Umwelt & Verfahrenstechnik AG is industrial leader in this segment worldwide and the objective of the cooperation is to make Jash-Invent brand under which these products will be sold in India. The training and development for this product will be done during the first half of the year and the products will be launched in the second half of this financial year. 2. Jash Engineering Limited is manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants. Jash offers a single-stop solution under one roof including Design, Casting, Fabrication, Assembly & Testing, and provides the most varied range of these products in the largest possible sizes. Jash is today an industry leader in India for most of these products and also exports these products to over 45 countries worldwide. 3. Company has delivered good profit growth of 33.16% CAGR over last 5 years.
JLong
by akashbothra
Divis Labs (Bullish stance)Divis Labs: Sector: Pharma and Biotechnology Industry: Pharma Divis Laboratories (Weekly): 1. Double Bottom 2. Breakout of Double Bottom 3. Positive Crossover of 5,13 Weeks Exponential Moving Average Daily: 1. RSI Bullish Divergence and Double Bottom Breakout 2. Trendline Breakout 3. Good to buy above consolidation breakout (closing above 4590) 4. Positive crossover of 5,13 Days Exponential Moving Average 5. Trading above 200 Days Exponential Moving Average Addl Points: 1. FII/FPI have decreased holdings from 19.30% to 18.45% in Mar 2022 qtr 2. Mutual Funds have increased holdings from 13.35% to 13.68% in Mar 2022 qtr. Note: 1. The above analysis is just for educational purpose.
NSE:DIVISLABLong
by deeptinseth
Anand Rathi Breakout after good quarterly numbers1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop after posting quarterly sales growth of 60%, quarterly profit growth of 257%, TTM sales growth of 53% and TTM profit growth of 181%, NSE:ANANDRATHI has given a high volume breakout today. Buy with a stop at rupees 610.
NSE:ANANDRATHILong
by akashbothra
Ester Breakout after Rating Updates 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since May 2021, NSE:ESTER has given a high volume breakout today. Buy with a stop at Rs.151. Other fundamentals: 1. In the first nine months of fiscal 2022, the company generated revenue of Rs 1,018 crore with operating margin of 17.7%, against Rs 696 crore and 25.3%, respectively, in the corresponding period of the previous fiscal. High operating margins during last fiscal has now been normalized in current fiscal. Improvement in operating performance is driven by continuation of favourable demand-supply dynamics in the packaging films business and maturing of products. 2. The engineering plastics and specialty polymers segments have also seen healthy improvement in demand over the past nine months. Therefore, despite the expected decline of margin in packaging films business, the overall operating profit before depreciation, interest and tax (OPBDIT) margin of EIL is expected to sustain around 15% over the medium term, benefitting from a diverse product portfolio. 3. Product mix and diversification should improve as the company is adding capacities of value-added products, specialty polymers and engineering plastics for capital expenditure (capex) of Rs 225 crore, which is likely to be completed in fiscal 2023. Furthermore, revenue of the packaging films business is expected to improve with the new greenfield BOPET (biaxially-oriented polyethylene terephthalate) line (48,000 tonne per annum in Telangana) expected to be commissioned by October 2022. The progress of the project will remain a monitorable. 4. Average Roe for last three and five years above 15%. 5. Five year CAGR sales growth at 5% and profit growth at 93%. 6. Company has been maintaining a healthy dividend payout of 18.11%. 7. Debt to equity at 0.39 (less than 1 is good), Interest Coverage at 9.54 (greater than 3 is good), Current ratio at 2.05 (greater than 1.5 is good), FCF to CFO at 59%.
NSE:ESTERLong
by akashbothra
Ganesh Benzoplast Breakout 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since 2017, BSE:GANESHBE has given a high volume breakout on Friday. Buy with a stop at Rs.105. Other fundamentals: 1. According to a news report published on 11th March, Ganesh Benzoplast Limited along with Singapore based Golden Agri International Enterprises Pte. Ltd., K N Agri Resources Ltd and other investors, through– Bluebrahma Clean Energy Solutions Pvt Ltd. – has ventured into production of Ethanol and Extra Neutral Alcohol. ( www.livemint.com ) 2. 10 year sales CAGR at 10% and profit CAGR at 75%. 3. Debt to equity at 0.18 (less than 1 is good), Interest Coverage at 15.8 (greater than 3 is good), FCF to CFO at 60%. 4. From 287 crore in 2012, debt came down to 45 crores in September 2021. 5. Promoter holding has increased by 1.27% over the last quarter.
BSE:GANESHBELong
by akashbothra
Uflex breakout 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since October 2021, NSE:UFLEX has given a breakout today. Buy with a stop just below Rs.620.
NSE:UFLEXLong
by akashbothra