CUP
Is CRISIL out of CRISIS ? Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 30.4%
Company has been maintaining a healthy dividend payout of 67.2%
CRISIL Ltd is a globally diversified analytical Company providing ratings, research, risk and policy advisory services. CRISIL is India’s leading ratings agency and the foremost provider of high-end research to large banks and leading corporations.
Khelo Kushti aur Karo Masti with MSTC.- Stock is providing a good dividend yield of 3.51%.
- Company has delivered good profit growth of 26% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30%
- Company has been maintaining a healthy dividend payout of 39%
- Promoter holding 65 %
- Annual Net Profit rose 21.5% in the last year to Rs 242 Crores. Its sector's average net profit growth for the last fiscal year was 49.2%.
- PE Ratio is 12 vs its sector PE Ratio of 85.
MSTC (Metal Scrap Trade Corporation) Ltd undertakes trading activities, e-commerce and also disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products, etc. The company is owned and controlled by the Government of India. The company is significantly important for GOI as it undertakes various important e-auctions for the government.
It sources raw materials like heavy melting scrap, low ash metallurgical coke, HR coil, Naptha, crude oil, coking coal, etc
The company's branches are located across India in cities like New Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Lucknow, Jaipur, Raipur, Guwahati, Chandigarh, and others
It is casting more focus on untapped e-comm business from the private sector and has signed ticket agreements with Reliance, Indus Towers, Tata Power, Vedanta, and others.
Mahindra MSTC Recycling Pvt Ltd is a JV with Mahindra Intertrade Ltd wherein the company holds 50% stake. It owns India’s first auto-recycling plant in Greater Noida, Uttar Pradesh for the scientific recycling of End of Life Vehicles (ELVs) and white goods. It has further operationalized Collection & Dismantling centers at Chennai and Pune in FY22.
The JV can greatly benefit from the vehicle scrapping policy which can ensure continuous supply of ELVs for its plants.
Caplin point Daily flag and pole B/OA bullish flag and pole b/o has been confirmed on daily chart of NSE:CAPLIPOINT . Here one can create a fresh position in the scrip. Buy@840 SL@800 TGT@880/920/960
The risk to reward ratio is 1:3
Exit the position if the stop loss is triggered on DCB.
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I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
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MPS - Short and Long Term
The Higher Time frames look solid.
Multi-year Breakout Contender.
On the Lower Time frame an inverted Head and Shoulder was spotted.
A breakout happened and followed it up with a retest.
Stock is moving in a Rising Wedge.
I expect an upward rally from here on to the top end of the wedge.
VARDHMAN STEEL is SPECIAL !Market Cap 1,111 Cr.
Promoter holding 60.8 %
Pledged 0%
Dividend Yield 1.25 %
Intrinsic Value 483
Stock P/E 10.4
Industry P/E 18.2
Debt to equity 0.26
ROCE 25.7 %
ROE 19.8 %
OPM 9.74 %
EBIDT growth 3Years 42.9 %
Free Cash Flow 24.2 Cr.
EPS 26.4 vs EPS last year 24.8 vs EPS preceding year 10.9
Vardhman Special Steels is engaged in manufacturing of Billets, Steel bars & Rods and Bright Bars of various categories of special and alloy steels since 1973 which caters to sectors such as Engineering, Automotive, Tractor, Bearing and Allied Industries.
The Co is amongst India’s Leading Steel Bar Producers for Automotive Applications.
The Co. has the capacity to manufacture 2 lakh TPA of steel billets and also 2 lakh TPA of steel rolled products. It has received approval from the Ministry of Environment for expanding its rolled-products capacity from 2 lakh TPA to 2.80 lakh TPA. The Co. invested Rs. 35 crore in capital expenditure in its unit. The most important among them was the modifications made to the Continuous Casting Machine (CCM) which has increased its melting capacity from 2 lakh TPA to 2.60 lakh TPA
The Co. sold 1.7 lakh tonnes in FY22 against 1.5 lakh tonnes in FY21.
The Co. has strong relations with 200+ customers like Toyota, Hero Moto Corp, Caterpillar, Hino Motors, Maruti, Bajaj, and Hyundai, among others. Its top 5 clients contribute about 30% of total revenue and about 70-75% of the contribution coming from passenger vehicles and two-wheelers.The Co also caters to international customers and has a presence in countries like Thailand, Taiwan, Turkey, Russia, Germany and Spain.In FY22, 5% of total sales came from exports.
UBL VCP PATTERNOne can add 25% position 1787 and if price retrace add more. A classic VCP pattern.
hart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LONG POSITION SWING TRADE OPPORTUNITY. TARGET 5600OK THIS is my second analysis after fairchem , for which i updated when i sold .
The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies.
Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage margin.
1 . LTI has been consolidating and formed a clear CUP AND HANDLE PATTERN .
2. It has taken support 4 times on a higher time frame .
3. The price sustained even when nifty had a major fall.
4. The handle breakout can push the stock price to 5100-5600.
5. HOLD for next 2-3 months with results upcoming for the SEP quarter .