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TFCILTD !!! Stock to watch out forFundamental pick: TFCILTD (Tourism Finance Corporation of India Ltd) CMP - 48.8 💚Company is engaged in the business of providing financial assistance to tourism related activities & it's projects such as hotels, restaurants, holiday resorts, amusement parks, multiplexes, entertainment centres, education & sports etc. 💚 Also, company offers research & consultancy services to state and centres for promoting tourism activities and implementation. Reasons to consider for buying: 👉 Increasing revenue & net profits seen in past quarters 👉 Improvement in cash flow from operating activities - means company is able to generate cash from its business after spending expense/payments of its interest & other dues💚💚💚 👉 ROCE is very good - means company is efficiently using its shareholders capital and earning out of it. ROCE is 13.6% and is continuously increasing over thr years 👉 Company with zero debt and recently released all pledge. 💚💚 👉 MF & FII have increased their shareholding in the last quarter - 💚💚💚 👉Promoter shareholding has been increased in the last sep quarter 💚💚 👉 Company's book value has been continuously increasing over the past years. It's book value is 93 per share and considering its value & PE value, CMP is available at attractive valuations. 👉 One of the reason, stock has not performed is due to the complete lock down in the last year and zero revenue in tourism sector. However, we expect recovery in this sector in the coming months. Also, in budget we can expect some incentives/budget will be allocated to promote tourism activities which will greatly benefit the company 💚💚💚 👉 Company's financials are sound and it has monopoly advantage as no other finance company is specifically into this sector though other finance companies are financing for the above activities💚💚💚 On Technical front, stock is looking good on weekly charts & ready for upside 🚀🚀🚀🚀 Considering above, We expect short-medium target of 70+ & long term target of 100+
NSE:TFCILTDLong
by vk_Bullsview
ALEMBIC PHARMACEUTICALS LIMITEDAlembic pharma is one which i would choose in my portfolio to be, why? The reasons i have mentioned in green label and only being one down side the promoters holding the financials are really pleasing profits turns out to be good, similar if we see other companies in comparison (i.e- Torrent pharma) the current trading price is really undervalued. As for trading also we can see that the it is respecting 100 EMA and now might shoot up any time soon considering the stoploss for trading placing below 100 ema (960) for target of 1133.
NSE:APLLTDLong
by KSR010
2
Kalyani steels - Ready for upside!!!Kalyani steels(KSL) - CMP 269 Company incorporated in 1973 and it's part of $2.1 bn Kalyani group. It's into leading manufacturing of forging and engineering quality carbon & alloy steels. Company has both indian & international clients. Some of the noted clients are Tata motors, Ashok Leyland, Jindal saw, Indian railways,caterpillar, Ford,Volvo,etc. Why it's good buy?? 👉 Company has posted good Q2 nos and growth in net profit with increase in profit margin was seen QoQ 💚 👉 Company with zero debt 👉 Steel demand has been increased in the past quarters and continue to increase in the coming quarters due to revived demand in auto sector and also due to increased demand in infrastructure sector which will benefit the company in future earnings. 💚💚💚 👉Being an Indian company, Make in India theme will benefit this company💚💚 👉Book value of the share has been increasing over the past years 👉 Mutual funds and FII have increased their shareholding in the last quarters💚💚💚 👉 Excellent management ( remember the quote , it's better to buy mediocre business with excellent management than to buy a great business with poor management)💚💚 👉 Company at affordable valuation considering its Pe and other valuations. 👉 Company with good ROCE( Return on capital employed) which shows efficiency of the management in utilising the capital for better returns 💚💚💚 👉 Company's major revenue comes from auto segment(80%)and remaining others.💚❤️ 👉 Expecting steel demand will be there for the next few quarters💚💚💚 Negative factors❤️❤️ 👉 Steel sector is of cyclical nature and there won't be continuous demand for the product. That's the reason why we avoid long term view of the stock. 👉As we mentioned above, company major revenue is from auto sector and concentration is majorly on auto. Any downfall in demand of auto sector lead to affect earnings of the company in great way. However, now there is good demand for auto sector and festival seasons have just started. Hope company may post good Q3 nos. Apart, from these 2 negative we don't find any flaw in the stock. Technical view; On technical front, stock is looking good on charts, weekly breakout has happened with good volumes and sustained ,ready for upside. Accumulate on dips, 235-245 (good levels to buy, if price corrects) Short-medium term target - 330-375+ Tips: Buy 50% of your alloted capital at CMP(269) and remaining 50% on dips at mentioned levels. Sometimes, stock will fly, don't worry for that enjoy the ride and use that amount for your next pick.
NSE:KSLLong
by vk_Bullsview
WELSPUN CORP - short term 20% & Long term 100% returnsCompany is one of the largest producer in pipe segment. They are in top 3 among line pipe manufacturers globally. It is mainly used in Oil,gas & water industry. Some of its major clients are 👉Reliance, IOCL, Shell,Total gas, British Gas, BP ,LT,Saudi Aramco, qatar petroleum,etc. Reasons to consider for buying : 👉 Consistent growth in net profit with increasing margin 💚 👉 Company with strong financials - Low debt, zero pledge, EPS growth, growth in ROE & ROCE. 👉Book value per share is improving consistently for the past yrs 👉 Company with strong moat 👉 CAGR sales growth of 10.5% for the past 10 yrs 👉 Promoters have increased their stake in last qtr💚💚💚(who else know better than promoters) 👉 Company with attractive valuations 👉 Stock pe is very attractive compared to industry and available at attractive valuation. Future Outlook: Company is into pipe manufacturing and lot of pipeline projects are under progress/proposed(including govt projects)in Oil & gas sector, water and other sectors, etc which will greatly benefit the stock. Being the largest producer, they can benefit out of it. Also, company is having competitive edge over others. Technicals: on Technical front, stock is so bullish and looking strong. One can buy for a target of 💯 % returns in this counter. Buy on dips. Disclaimer: All views are personal and its not a recommendation call. Do your own research before investing.
NSE:WELCORPLong
by vk_Bullsview
BATAINDIA | Range breakout Trading | +19 % Profit !! NSE:BATAINDIA Positional Trading opportunity ! Weekly Chart Alert ! Technical Reasons to trade :- 🧢 1> Range Breakout . 2> Huge volume as well 3> Accumulation is done 4> Retracement areas are shown through arrow. 5> Rsi divergence just for educational purpose | example some fundamental supports :- 1>Bata India to Merge Subsidiaries 2>Bata India Says Unit Approves Amalgamation 3>Bata India Plans to Add 100 New Stores in FY21 --CMP =1513 --Lot Size = 550 --Target = 1788 ( 19 % ) Guys check out the related ideas as well, it will work really well guaranteed ! FOLLOW for more ! LIKE if think is useful ! COMMENT Below your view !
NSE:BATAINDIALong
by ReviveTraders