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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.
NSE:VSSLLong
by CannySunny
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.
NSE:UBLLong
by stockartx
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 .
LLong
by Makgopro
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