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Fundamental-analysis

SHOULD YOU CONSIDER HCL TECHNOLOGIES ??Hello !! Good Morning !! Welcome to the quick update of HCL Technologies. HCL being an IT company has good long-term prospects with interesting technicals and fundamentals. As of now, it is moving in a descending triangle and is trying to break out. We can consider adding some HCL to your portfolio for long-term prospects. Once it breaks the falling wedge, it will be ready for the next move up. The expected range if we consider to buy should be between Rs 1080 to Rs 1110 only if it breaks the Rs 1100 mark and retests before shooting further higher. The expected target in the next quarter will be around Rs 1190 to Rs 1362. Please wait for the right moment to enter this trade. I will update this thread constantly if the breakout happens and we can add this to our portfolio for the long term. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:HCLTECHLong
by ScramblerG
Bharat Electronics 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 November 2021, NSE:BEL has given a high volume breakout today. December quarterly sales were up 59% and December quarterly profit were up 114%. Buy with a stop just below Rs.216. Other fundamentals: 1. Average ROE call last 3, 5, 10 years have been greater than 15%. 2. Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 559 (greater than 3 is good), FCF to CFO at 47%. 3. FII stake increased from 7.86% in June 2020 to 17.21% in December 2021. 4. press release issued on April 1 2022 states that Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of about Rs. 15000 Cr (Provisional & Unaudited), during the Financial Year 2021-22, against the previous year's turnover of Rs. 13,818 Cr, despite challenges posed by the COVID-19 pandemic and global semiconductors shortage. BEL's Order Book as on April 1, 2022, is around Rs. 57000 Cr. In the year 2021-22, BEL secured significant orders worth (approx.) Rs. 18000 Cr. Some of the major orders acquired during the year were Avionics Pack for Light Combat Aircraft (LCA), Advanced Electronic Warfare Suite for Fighter Aircraft, Instrumented Electronic Warfare Range (IEWR), Electronic Voting Machine (EVM) & Voter Verifiable Paper Audit Trail (WPAT), Cdr TI- T90 Tank, COMINT System, Radar Warning Receiver (RWR) & Missile Approach Warning System (MAWS) for C-295 Programme, Electronic Gun, IoT Gateway, etc. 5. Among the defensive stocks that are characterised by strong balance sheets, quality earnings, and reasonable growth, Bharat Electronics (BEL) offers a good value in the light of the volatility in the market and its attractive valuations. At the current market price of Rs 235, it is trading at 18 times its fiscal 2023 estimated earnings along with a dividend yield of close to 3 percent. Valuations also look reasonable in the light of improving business and growth opportunities.
NSE:BELLong
by akashbothra
SHORT-TERM BULLISH in RENUKA SUGARS !!!#MONDAY> <#SHORT-TERM> NSE:RENUKA { Why SHREE RENUKA ??? VOLUME during this month is comparatively higher than past 4-5 years volume...(On Monthly candles); its net profit has been increased drastically from quarters to quarters; good news is being seen sugar industries; it's earnings is going to be announced next month (May 28); Be careful It's a PENNY STOCK; } { BUY: Renuka sugars Trigger price;-"60-62"; TARGET:-72++; SL:-55; The above provided levels are provided based on our RISK-MANAGEMENT !!! } } HAPPY TRADING { Follow for More exciting trades.. @VK2413 Show your ❤️by 👍to the idea.. Please express your response by comment.. }
NSE:RENUKA
by VK2413
AMD industries 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 November 2017, NSE:AMDIND has given a high-volume breakout today. It is a buy with a stop just below Rs.51.50. In December quarter the company posted quarterly sales growth of 70%, quarterly profit growth of 84%, TTM sales growth of 46% and TTM in profit growth of 155%. Other fundamentals: 1. Stock is trading at 0.78 times its book value. 2. The company has three product lines which include crown caps - metallic closures for glass bottles, PET Preforms and plastic closures. It provides packaging solutions to most of the successful and well established companies engaged in beverages, liquor and processed foods ranging from small ventures to industry majors. 3. The Company supplies finished products to MNC’s like Coca Cola, Pepsi, South African Breweries (SAB), United Breweries(UB) Dabur, HLL, Hamdard etc. as well as numerous large indigenous beverage Pharma and healthcare companies. 4. The company through its related company, AMD Estates & Developers Private Limited is developing a Commercial Complex at Sector-114, Gurgaon, Haryana in collaboration with VSR Infratech Private Limited, New Delhi. The said project is at its last leg to complete. During FY21, the company has received revenue of Rs. 86.44 Lakhs from this project. 5. Excerpts from the credit rating report: - Brickwork Ratings believes that AMD Industries Ltd.’s (AMDIL) business risk profile will be maintained over the medium term. The ‘Stable’ outlook indicates a low likelihood of rating change over the medium term on account of sustained scale of operations in the past and above Rs 160 Crs and enhanced capacity which can increase scale of operations in the medium term due to stable demand. (+ve) The company has a long track record since 1983 and promoters have extensive experience of more than three decades in running the company. (+ve) The company has a moderate tangible net worth indicated by equity and reserves of Rs.131.86 crores in FY21 as against Rs 128.67 crores as in FY20. Company’s Gearing ratio viz TD/TNW is comfortable at 0.40 x in FY21 (PY: 0.37x). AMDIL’s debt stood at Rs 53.20Cr as on end-FY21 (came down to 46 Crs in September 2021), translating into a debt to EBITDA ratio of 0.23x. (+ve) The company’s cash conversion cycle (CCC) of the company has increased to 150 days in FY21 from 85 days in FY20. The increase is on account of increased receivable days of 356 days in FY21 from 292 days in FY20 impacted due to COVID 19 related disruption. (-ve) However, CCC is projected to truncate to 123 days in the near term. The company is exposed to raw material fluctuation risks which is likely to affect the profitability margins further as raw material prices are linked to crude oil prices. AMDIL’s EBITDA margin was 8.30% in H1FY21, as against 10.215 in FY21 and 11.37% in FY20. (-ve) Company's scale of operations may witness a decline if there is a significant shift towards newer packaging products, such as tetra packs, sachets, strips, and other flexible packaging, by end-user industries in the medium term.
NSE:AMDINDLong
by akashbothra
CANTABIL 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 in 7th february 2022, NSE:CANTABIL gave a breakout on 1st April 2022. This breakout came on the backdrop of quarterly sales growth of 35%, quarter profit growth of 134%, TTM sales growth of 32% and TTM profit growth of 436%. It is a buy with a stop just below Rs.925. Other fundamentals: 1. CANTABIL caters to the middle class with over 300 stores across India. It markets its products under the following brands: CROZO is an exclusive brand for women. Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years with high fabric quality and a soft hand feel. KANESTON is present in the hosiery industries and deals in men’s accessories like innerwear, ties, deo, etc. 2. It has 378 Exclusive Brand Outlets. 3. It entered the e-commerce space through Flipkart, Amazon, etc. in FY20. 4. Its target is to reach over 650 stores with a target turnover of Rs.1000 crores by 2025 by providing the best brand mix. 5. Debtor days improved from 23 in March 2019 to 6 in March 2021. 6. Promoter holdings increased from 74.23 in September 2020 to 74.81 in December 2021.
NSE:CANTABILLong
by akashbothra
2
OFSS - Fundamentally strong / Falling wedge Breakout on cardsStudy - Fundamentally the stock looks good for long term (1 year target - 5900) - Fair Value - 4000 - Debt Free Company with div yield of 6% Risk Free Possible Trades - Current price is in entry zone - Enter at the LTP and look for target 1 - 3733 - On weekly closing if stock is above 3601 enter again and look for Target 2 and more - Add it to your watch-list as it Can give multiple entry zone in coming months(Stay tuned - Will be updated)
NSE:OFSSLong
by subashg07