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Fundamental Analysis

The Three Bad Frogs OF Banking Bandhan BankBandhan Bank is bearish Since entire bull market It was greatly into micro finance in states like Bengal and politicians completely destroyed it by supporting defaulters and encouraging them to default for votes can refer my old idea also where i warned along with vodafone idea better stay away from a bad frog that is stuck in a well results may look good but on ground level people use that opportunity to exit so do not get fooled by results one or the other day huge npas will be out i think so Fiis or Diis nobody wants to risk their money in this particular counter due to great uncertainty same goes with Rbl bank and indusind bank Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
NSE:BANDHANBNKShort
by techno_funda_guy
Invest in ZENTEC: Pioneering Next-Gen Defence Solutions◉ Abstract Zen Technologies Ltd is set for strong growth in the Indian defense market. The market is expected to rise from USD 17.40 billion in 2024 to USD 23.05 billion by 2029. The company focuses on advanced training and counter-drone solutions, and is benefiting from government initiatives of promoting indigenous production under the “Make in India” project. Moreover, Indian Govt. plans to double defense spending by FY30. A recent partnership with AVT Simulation will help Zen expand in the U.S. market. With a solid order book of ₹3,500 Crores and a revenue goal of ₹900 Crores for FY2025, Zen is investing heavily in research and development. Although its high PE ratio may suggest it’s overvalued, the company’s strong finances and growth plans indicate good potential for investors. Read full analysis here: ◉ Introduction The Indian Defence Market is expected to experience significant growth in the coming years. According to a recent report, the market size is estimated to be USD 17.40 billion in 2024 and is projected to reach USD 23.05 billion by 2029. ◉ Growth Drivers ● Government Initiatives: The Indian government is heavily promoting indigenous production through initiatives like "Make in India," which aims to reduce dependency on imports and bolster local manufacturing capabilities. ● Increased Defence Spending: India's defence budget is expected to double between FY24 and FY30, with significant allocations for new weapons procurement and R&D. For FY 2023-2024, the budget for new weapons procurement is set at USD 19.64 billion, along with USD 2.79 billion for research and development. ● Geopolitical Tensions: Ongoing border disputes with neighbouring countries such as China and Pakistan necessitate increased military spending and modernization efforts. ● Export Opportunities: Indian defence exports have surged significantly, rising from USD 200 million in FY17 to USD 2.6 billion in FY24, with expectations to reach USD 7 billion by FY30. The government's focus on enhancing export relationships with countries like Italy, Egypt, and Saudi Arabia further supports this growth. This in-depth report shines the spotlight on Zen Technologies , a mid-cap defence company that has carved a niche for itself in the Indian defence landscape. With a keen focus on pioneering training solutions and cutting-edge counter-drone technologies, Zen Technologies has emerged as a significant player in the industry. ◉ Investment Advice 💡 Buy Zen Technologies NSE:ZENTEC ● Buy Range - 2000 - 2050 ● 1st Target - 2500 - 2600 ● Potential Return - 25% - 30% ● 2nd Target - 2800 ● Potential Return - 40% ● Approx Holding Period - 12-14 months ◉ Company Overview Zen Technologies Limited, incorporated in 1996, specializes in designing, developing, and manufacturing cutting-edge combat training solutions and Counter-drone solutions for defence and security forces. The company is committed to the indigenization of technologies that benefit the Indian armed forces, state police forces, and paramilitary forces, providing them with innovative training solutions to enhance their combat readiness. With its headquarters in Hyderabad, India, Zen Technologies Limited has a significant global presence, with offices in India, UAE, and the USA. This widespread presence enables the company to effectively support its clients and partners worldwide. ◉ Market Capitalization - ₹18,858 Cr. ◉ Expansion into U.S. Market ➖ Zen Technologies recently signed a Memorandum of Understanding (MoU) with AVT Simulation to enhance its presence in the U.S. defence sector. This partnership aims to leverage AVT’s expertise in simulation technologies to introduce Zen's products to U.S. defence agencies. ◉ Revenue Projections for FY2025 ➖ Despite a strong start to the fiscal year, with revenues reaching ₹500 Crores in the first half, Zen Technologies' management has set a cautious revenue target of ₹900 Crores for FY2025. ◉ Expansion Plans ➖ Zen Technologies aims to expand into the Navy and Air Force segments through organic growth and acquisitions. ➖ The company plans to acquire Indian and overseas businesses, with deal sizes between ₹100-₹300 Crores. ◉ Investment in R&D ➖ Zen Technologies is investing heavily in research and development (R&D) to drive innovation and stay ahead of the curve. ➖ The company is currently developing new products that are reportedly two generations more advanced than those showcased in 2021. This focus on R&D underscores Zen Technologies' dedication to delivering cutting-edge solutions that meet the evolving needs of its customers. ◉ Order Book Status ➖ A substantial order pipeline of ₹3,500 Crores is in place, with ₹1,200 Crores expected to be executed in the next financial year. ➖ Order inflow is forecasted to pick up significantly towards the end of Q3 and into Q4 of FY2025, positioning for continued growth and success. ◉ Margin Expectations ➖ Management targets 35% EBITDA margin and 25% PAT margin, despite current gross margin pressures due to product and geographical mix changes. ◉ Revenue & Profit Analysis ● Year-on-year ➖ The company's FY24 performance was marked by impressive growth, with sales reaching ₹440 crore, representing a 100% year-over-year increase. ➖ EBITDA also surged significantly, rising to ₹181 crore from ₹73 crore in FY23. ➖ Notably, the company achieved a substantial EBITDA margin of 41%, highlighting its operational efficiency and profitability. ● Quarter-on-quarter ➖ The company's recent quarter sales stood at ₹242 crore, a decline from the previous quarter, but a substantial increase from ₹66 crore in the same quarter last year. ➖ EBITDA dropped to ₹80 crore from ₹111 crore in the previous quarter. ◉ Valuation ● P/E Ratio ➖ The stock's current price-to-earnings (PE) ratio of 93.1 appears overstretched compared to its industry average PE of 51.6. ➖ Furthermore, relative to its 1-year median PE of 76.5, the stock seems overvalued, suggesting potential downside risks. ● PEG Ratio ➖ When we look at the PEG ratio of just 1.64, the stocks looks fairly valued relative to its anticipated earnings growth. ◉ Cash Flow Analysis ➖ The company's operating cash flow experienced a substantial decline in FY24, plummeting to ₹13 crore from a robust ₹116 crore in FY23. ◉ Debt Analysis ➖ With a debt-to-equity ratio of just 0.04, the company enjoys a virtually debt-free status, underscoring its robust financial health and providing a solid foundation for future expansion. ◉ Top Shareholders ➖ In the September quarter, promoters reduced their stake to 51.26% from 55.07% in the previous quarter. ➖ Foreign Institutional Investors (FIIs) have significantly raised their holdings to 5.72%. ➖ Domestic Institutional Investors (DIIs) also increased their stakes, now at 8.05%, up from 3.37% in June. ➖ Conversely, retail investors sold shares, decreasing their holdings to 34.5% from 37.94% in June 2024. ◉ Mutual Fund Exposure ➖ Institutional holdings in Zen Technologies skyrocketed by 550% to 42 lakh shares in October 2024, with 23 funds taking a significant stake, up from 6.4 lakh shares in July. ◉ Bulk Deal Alert ➖ On December 3, 2024, Motilal Oswal Mutual Fund acquired over 11 lakh shares of Zen Technologies through a bulk deal. ◉ Technical Standings ➖ The monthly chart clearly illustrates a strong upward trend in the stock, marked by a series of higher highs and higher lows. ➖ The daily chart also presents a bullish scenario, with the formation of an Ascending Triangle pattern. ➖ A fresh breakout from this pattern is likely to propel the stock to new highs. ◉ Conclusion Following a comprehensive analysis of fundamental and technical indicators, we firmly believe that Zen Technologies is well-positioned for robust growth, underpinned by its innovative solutions and strong research and development capabilities. The company's strategic expansion plans into key markets, particularly the United States, are expected to unlock vast opportunities, driving significant growth in revenue and profitability. This, in turn, is likely to have a positive impact on the company's top-line and bottom-line performance, as well as its share price.
NSE:ZENTECLong
by GoodluckCapital
Gold trading strategy before Christmas 2024Global Gold Prices Drop Ahead of Christmas Holiday Gold prices edged lower during Monday's subdued holiday trading session, pressured by the strengthening US dollar and rising US Treasury yields, as investors awaited clearer signals on the Federal Reserve's monetary policy direction for 2025. At the close of trading on December 23, spot gold fell by 0.4% to $2,611.17 per ounce, while gold futures dropped by 0.6% to $2,628.20 per ounce. The US dollar index advanced by 0.4%, hovering around a two-year high, reducing gold's appeal for holders of other currencies. Meanwhile, the yield on the benchmark 10-year US Treasury note also climbed. Despite the Fed cutting interest rates by 0.25% last week, signals of a less aggressive rate reduction in 2025 pushed gold prices to their lowest levels since mid-November 2024 last week. While gold typically benefits from a low-interest-rate environment, investors are adjusting their expectations for the upcoming year. As noted above, following the release of disappointing US consumer confidence data at 10:00 PM yesterday, consumer sentiment remains gloomy. This sentiment could influence the Fed's policy direction, contributing to a modest dip in gold prices post-news. For today, the strategy is to focus on buying at key resistance levels of 20 - 27 - 33, observing price reactions in these zones to scalp for short-term sell opportunities. Conversely, if prices retrace below these levels and rebound, monitor zones (10-08) for potential buy entries. As today marks the beginning of the Christmas holiday, market movements are expected to be narrow and slow, with price ranges likely between 10-15 points. Careful placement of orders at optimal levels is advised. + SELL ZONE: 2632 - 2634 Stop Loss (SL): 2638 Take Profit (TP): 2620 - 2614 + BUY ZONE: 2603 - 2601 Stop Loss (SL): 2596 Take Profit (TP): 2610 - 2614
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
S&S power - New Big RunProduct Portfolio S&S Power (India): Designs and manufactures high-voltage disconnectors for industrial and utility use. Key products: Disconnectors Vacuum Circuit Breakers Control and Relay Panels Package Substations Acrastyle (UK): Offers protection and control solutions, including panels, disconnectors, and neutral earthing resistors. Focuses on expanding voltage range offerings. Protection and Control Panels Neutral Earthing Resistors Disconnectors HART (India): Specializes in automation solutions for the aluminium industry, including Pot Control Systems (RedCon System) Compatible Spares AI-Based Automation Solutions In addition to its core product offerings, S&S Power provides a range of services, including: Retrofit, refurbishment, and Engineering and automation services Modernization of HV substations Warranty and non-warranty services
NSE:S&SPOWERLong
by Arthavidhi
Gold trading strategy at the beginning of week 2. December 23A Record-Breaking Year for Gold It can be said that in 2024, gold has been the most attractive investment channel, continuously breaking new records both domestically and internationally. Amid geopolitical tensions and forecasts about the social and economic situation, the price of gold is expected to continue rising in 2025. First, there is the increasing instability in the global geopolitical landscape, with two ongoing conflicts in Europe and the Middle East, which have driven a surge in gold as a safe-haven asset. The growing risks of global trade conflicts have also led central banks in emerging markets and Asia to follow the lead of central banks in developed markets, allocating more of their reserves into gold. The accumulation of gold by central banks worldwide is seen as a shield against external shocks, such as potential trade wars from the second term of President Donald Trump and geopolitical tensions in Ukraine and the Middle East. Eastern European countries are trying to fill their gold reserves. Throughout the year, gold has broken numerous records: 2,500 USD/oz, 2,600 USD/oz, 2,700 USD/oz, and reached a new peak of 2,826.2 USD/oz on October 30. As of December 20, the global gold price is trading around 2,602 USD/oz, up over 26% from the beginning of the year. Goldman Sachs forecasts that the price of gold could hit 3,000 USD/oz by the end of 2025. The investment bank has also listed gold as one of the top commodities for 2025, with the policies of the newly elected President Donald Trump potentially driving further price increases. In terms of technical analysis, in the short and medium term, a bearish structure has been confirmed. The hope is that the downtrend will continue into the next week, but there is also an expectation for prices to rise slightly at the beginning of the week in order to find better selling positions. Note that next week will include Christmas and New Year holidays, so the market may not move too much. Currently, gold is trading within the range of 2,663 - 2,582. A break above or below this range will determine the next levels of resistance and support. For now, keep an eye on the price range of (2,632 - 2,636) and the range (2,600 - 2,604). We will wait for the gap to close before making safer trades toward the end of the year. Trading Plan Sell Zone: 2,650 - 2,652 SL: 2,656 TP: ???? Buy Zone: 2,601 - 2,603 SL: 2,595 TP: ???? Pay attention to the trading ranges during the Asian and European sessions. We will update new price ranges for the U.S. session to assist traders. Note that the market is less liquid toward the end of the year, which could lead to price manipulation candles, so always be cautious with stop losses for each trading signal. GOOD LUCK!
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
Lupin Stock Analysis: Strong Fundamentals & Bullish setup.FUNDAMENTALS & TECHNICAL ANALYSIS ⬇️⬇️ Fundamental Analysis: 1. Earnings per Share (EPS): • Q3 2024 EPS estimate is 17.29 INR, and the reported values for the prior quarters (Q4 ’23, Q1 ’24, Q2 ’24) have consistently beaten estimates with surprises ranging from 11.08% to 41.55%. • This indicates strong financial performance and the company’s ability to exceed market expectations. 2. Revenue: • Reported revenue for Q1 ’24 and Q2 ’24 surpassed estimates with 5.37% and 2.38% surprises, respectively. • The company is expected to generate 56.45B INR in revenue for Q3 ’24. This suggests consistent growth, which is a positive indicator for long-term investors. 3. Conclusion from Fundamentals: • Strong EPS growth and consistent revenue beats show that the company is performing well financially. • With upcoming reports due in February 2025, further positive earnings surprises could lead to upward momentum. Technical Analysis 1. Current Price Action: • The stock is trading near 2,140 INR, approaching key fair value gaps (FVG) at 2,150 INR (1D FVG) and 2,273.45 INR (higher target zone). 2. Support & Resistance: • Major support zone is near 1,985.90 INR (Daily Low). • Resistance zones lie at 2,218.30 INR, 2,273.45 INR, and the Daily High of 2,313.20 INR. 3. Market Structure: • There is a change of character (Choch) on the chart, suggesting potential bullishness if it sustains above 2,150 INR. • The stock may consolidate slightly before moving towards the higher resistance zones. 4. Short-term Prediction: • Likely to test 2,273.45 INR in the near term if the bullish structure holds. • A break below 1,985.90 INR would invalidate the bullish setup. Conclusion: • Investment Decision: • Buy: Based on strong fundamentals (earnings and revenue growth) and a bullish technical structure, the stock looks promising for swing trading or medium-term investing. • Entry Point: Around 2,140-2,150 INR, aligning with the technical FVG and support zones. • Target: 2,273.45 INR (short-term) and 2,313.20 INR (medium-term). • Stop Loss: Below 1,985.90 INR to manage risk in case the bullish structure fails. DISCLAIMER ▶️ THIS IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING
NSE:LUPINLong
by Trade_lyst
IRCTC-A monopoly stock available at discount!Technically, IRCTC has been in an uptrend since its listing in 2019. Stock has taken support multiple times at trendline visible on chart. If stock breaks this trendline due to bearish broader market, we can see a swift move towards 660 levels which is yet another demand zone. Levels given on chart. As most of us know, it is a monopoly PSU stock and has big potential in long term given the expansion of rail networks in India. It is not a recommendation but my personal opinion. I am a NISM Certified research analyst and not SEBI registered.
NSE:IRCTCLong
by chartistamey
4
Gland Pharma Ltd. Ready for A Big Move?➡️ Price Analysis & Overview: 1. Volume Strength: Current volumes are decent, but a spike in buying activity could confirm momentum. 2. Technical Structure: It is near the 0.38 Fibonacci level and could go up from there. My Trade Plan: 1. I expect the bullish momentum to continue, with a potential 25% upside from the current levels. 2. 1:3 RRR ⚠️ Disclaimer: This analysis is for educational purposes only. Always conduct your research before making any trading decisions.
NSE:GLANDLong
by vaibhavzalavadiya2
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Consolidate Breakout Pattern in GICRE BUY TODAY SELL TOMORROW for 5%
NSE:GICRE
by Kapil-Mittal
2
"BE GREEDY WHEN OTHERS ARE FEARFUL.” Subject : During this period, I view the market downturn as an opportunity to acquire quality stocks at lower valuations for long-term investment. As mentioned above, I am particularly interested in key levels for potential entry points. I wanted to share these insights with all of you, hoping you find them helpful. Thank you, everyone!🙏🏻 The recent downturn in both Indian and global stock markets can be attributed to several key factors: 1. Monetary Policy Shifts: The U.S. Federal Reserve's recent decision to reduce the number of projected interest rate cuts for 2025 has heightened investor concerns. 2. Rising Treasury Yields: A significant selloff in long-dated U.S. government debt has pushed 10- and 30-year Treasury yields to their highest levels in nearly seven months. This trend poses a threat to stock valuations, as higher yields make risk-free government debt more attractive compared to equities. 3. Geopolitical Concerns: The potential return of Donald Trump to the U.S. presidency and his proposed economic policies, have raised fears of increased inflation and global trade tensions. These uncertainties contribute to market instability. * Escalating conflicts in regions such as the Middle East have increased market volatility and investor uncertainty. 4. Foreign Investor Behavior: In India, heavy selling by foreign institutional investors has exerted downward pressure on markets. This trend is influenced by global monetary policies and a reduced appetite for risk amid prevailing uncertainties. 5. Sector-Specific Declines: Sectors such as financials and information technology have experienced notable losses, further dragging down market indices. These combined factors have led to a bearish trend in both Indian and international stock markets in recent weeks. About Reliance industries limited 📉: 1. Weak Performance in the Oil-to-Chemicals (O2C) Segment: RIL's O2C business, a significant revenue contributor, has faced challenges due to shrinking margins amid global oversupply. In the second quarter of FY25, the company reported a 5% decline in net profit, largely attributed to poor performance in its oil refining and petrochemical business. This segment was significantly impacted by cheap Russian crude oil flooding the market, pushing product margins lower. 2. Delays in IPOs of Jio and Retail. 3. Slowing Growth in the Retail Business: RIL's retail division has encountered slower growth, influenced by factors such as rising real estate costs and increased. 4. Broader Market Trends and Investor Behavior. #valueinvesting. #indianstockmarket. #Reliance
NSE:RELIANCEEducation
by Sateesh07