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Fundamental Analysis

Shalimar Paints Ltd. : Recommendation: BUYShalimar Paints Ltd. Research Report NSE Code: SHALPAINTS Recommendation: BUY Current Price: INR 129 (as of January 21, 2025) Target Price: INR 148.00 Potential Upside: 14.5 % Expected Holding Period: 3 Months Overview of Shalimar Paints Ltd. Shalimar Paints Ltd., established in 1902, is one of India's oldest paint manufacturers, offering a diverse range of decorative and industrial coatings. The company operates through various verticals, including Shalimar Adhunik Nirman Ltd. and Eastern Speciality Paints & Coatings Pvt. Ltd. ET MONEY Despite its long-standing presence, Shalimar Paints has faced challenges in maintaining market share against more dominant players in the industry. Key Highlights: Comprehensive product portfolio encompassing decorative paints, enamels, primers, and industrial coatings. Manufacturing facilities strategically located in Haryana, West Bengal, and Tamil Nadu. Focus on eco-friendly and sustainable products, such as lead-free paints. Critical Analysis Market Position and Competition: Shalimar Paints operates in a highly competitive market dominated by larger players like Asian Paints and Berger Paints. The company's market share remains limited, and it faces significant challenges in scaling operations to match industry leaders. Financial Performance: In FY 2023-2024, the company reported revenues of INR 534.9 crore, a 10% increase from the previous year. However, the net profit stood at INR 73.8 crore, indicating a 104% increase, which may be attributed to non-operational income or cost-cutting measures rather than core business growth. ET MONEY Debt Levels: The company's debt-to-equity ratio has improved to 0.47, suggesting better financial management. However, the absolute debt levels remain a concern, especially in a capital-intensive industry. Operational Challenges: Despite a comprehensive product portfolio, Shalimar Paints has struggled with distribution inefficiencies and limited brand visibility in urban markets, affecting its ability to compete effectively. Technical Analysis Current Market Price: INR 129 Weekly Chart Analysis: The weekly chart indicates a stock that has been trading within a range of INR 97.00 (52-week low) and INR 225.65 (52-week high). The stock is currently below its 50-week moving average, suggesting a bearish trend. The Relative Strength Index (RSI) is at 40, indicating that the stock is nearing oversold territory but has not yet signaled a reversal. Support and Resistance Levels: Support: INR 128.00 Resistance: INR 148.00 Technical Indicators: Moving Averages: The 50-week moving average is above the current price, indicating potential resistance. MACD: The Moving Average Convergence Divergence (MACD) is below the signal line, suggesting bearish momentum. Valuation Metrics and Target Price Price-to-Earnings Ratio (P/E): The company's P/E ratio is not meaningful due to inconsistent earnings. Price-to-Book Ratio (P/B): The P/B ratio stands at 2.64, higher than the industry average, indicating potential overvaluation. MINT Target Valuation: Considering the company's challenges and current market conditions, a target price of INR 148.00 is reasonable, reflecting a modest upside of 17%. Conclusion Shalimar Paints Ltd. faces significant hurdles in a competitive market dominated by larger players. While there have been improvements in financial metrics, these may not be sustainable without substantial operational enhancements. The technical indicators suggest limited upside potential in the near term. Therefore, a HOLD recommendation is appropriate, with a target price of INR 150.00 over the next 6-9 months. DISCLAIMER: Investments in securities are subject to market risks. This report is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult financial advisors before making investment decisions.
NSE:SHALPAINTSLong
by DINSHA007
Shrinking Bond Yield Differentials leading to fall in Rupee India has over the past year. by design, maintained a low interest rate environment. This has led to interest rate differentials shrinking between US and Indian bonds. While low interest rates in India are an indicator of a strong economy, a falling interest rate differential leads to capital flow out of India, thereby hurting the Rupee. Its Budget Season in India, and at such a time if the equity markets are falling and so is the Rupee, then popular opinion gets shriller. Hence this video to calm the nerves of investors by looking at the deeper data trends rather then falling prey to mindless cacophony.
TVC:IN10Y
by MBIPL
LEGEND SPEAKS #3 (Jim Roppel)Jim Roppel is a seasoned investor with a unique approach to stock market investing, and his career offers a wealth of knowledge for traders and investors looking to refine their strategies. His expertise in spotting growth opportunities and his disciplined approach to investing have helped him build a strong track record over the years. While not as widely known as some other investors, Jim Roppel’s lessons are valuable, especially for those who want to succeed in the stock market with a methodical and long-term perspective. Here are some key lessons that traders and investors can learn from Jim Roppel’s approach. 1. Focus on Quality Over Quantity Jim Roppel has always been an advocate of concentrating on high-quality companies rather than diversifying into many stocks. By focusing on companies with strong fundamentals, good management, and sustainable growth prospects, investors can avoid the risks associated with over-diversification. This approach allows for more in-depth research and a better understanding of the businesses you invest in. Key Takeaway: Prioritize quality over quantity. Instead of spreading your investments too thin, focus on fewer companies that you truly believe in and can thoroughly understand. 2. Embrace the Power of Compounding One of the most important lessons from Roppel is the power of compounding. He emphasizes the importance of investing in businesses with the potential for long-term growth. When you invest in companies that continuously reinvest their profits into expanding their business or increasing shareholder value, your returns can grow exponentially over time. Key Takeaway: Invest with a long-term perspective. Look for companies that will allow your investments to compound over time. Patience is key to benefiting from compounding returns. 3. Understand the Business, Not Just the Numbers Roppel is not just focused on the financials of a company; he insists on understanding the business and its underlying competitive advantages. A great business will be able to navigate market fluctuations, and an investor needs to assess whether the company has a sustainable edge. Whether it’s innovation, a strong brand, or a unique service, understanding these aspects can provide more clarity than just looking at numbers alone. Key Takeaway: Invest in businesses, not just numbers. Understand what makes a company special and whether its competitive advantages will stand the test of time. 4. Be Skeptical of Short-Term Market Movements Jim Roppel believes that many investors make the mistake of reacting to short-term market movements. He emphasizes that short-term price fluctuations are often driven by emotion and market sentiment, which may not reflect the underlying value of a business. Rather than being swayed by these fluctuations, investors should focus on the long-term prospects of their investments. Key Takeaway: Ignore short-term market noise. Focus on the long-term prospects of a business and avoid reacting to every market movement. Patience and discipline will pay off. 5. Invest in Companies with a Strong Management Team A company’s management team plays a crucial role in determining its success. Roppel has always stressed the importance of investing in companies with leaders who have a proven track record of good decision-making. Great management can steer a company through tough times, ensure proper capital allocation, and execute on its growth strategy effectively. Key Takeaway: Invest in companies with strong, capable management. A good management team can make all the difference in the long-term performance of a business. 6. Risk Management and Capital Preservation Roppel is keenly aware of the risks involved in investing and believes in the importance of capital preservation. He advises against taking on unnecessary risks and stresses that it’s not about how much money you can make, but about how much you can avoid losing. This mindset helps to protect your capital during market downturns and ensures you have the resources to take advantage of opportunities when they arise. Key Takeaway: Focus on risk management. Protect your capital at all costs and avoid risky ventures that could jeopardize your long-term success. 7. Be Disciplined in Your Approach Jim Roppel has demonstrated the importance of staying disciplined in your investment approach. This means sticking to your strategy, not chasing after trends, and being consistent in your decision-making. Roppel advises investors to stay within their circle of competence, avoid making emotional decisions, and be patient enough to wait for the right opportunities. Key Takeaway: Be disciplined and stick to your strategy. Avoid chasing trends or making impulsive decisions, and stay consistent in your investment approach. 8. Value Over Price For Roppel, it’s not about buying stocks at the lowest possible price, but rather investing in businesses that offer strong value. A great business at a reasonable price is often a better investment than buying a cheap stock that lacks potential. Value investing involves assessing the intrinsic worth of a business and ensuring that the price you pay offers a margin of safety. Key Takeaway: Invest based on value, not price. Look for businesses that offer long-term value and have a strong potential for growth, even if the price isn’t the lowest at the moment. 9. Stay Disciplined During Market Downturns Roppel advises that market downturns can often create excellent buying opportunities for patient investors. While many investors may panic and sell during tough times, disciplined investors should use market downturns to their advantage, purchasing shares in high-quality companies at discounted prices. Key Takeaway: Take advantage of market downturns. When the market is down, it may be an opportunity to buy high-quality companies at a discount. Stay disciplined and invest for the long term. Conclusion: Applying Jim Roppel’s Lessons to Trading and Investing Jim Roppel’s approach to investing offers timeless lessons for both traders and long-term investors. By focusing on quality, staying disciplined, understanding the businesses you invest in, and avoiding short-term distractions, traders can develop a more sustainable and effective strategy. Additionally, Roppel’s emphasis on risk management and capital preservation ensures that you’re not just chasing returns but safeguarding your wealth in the process. These principles, when applied with consistency and patience, can help investors build a strong, resilient portfolio capable of weathering market volatility and achieving long-term success. Whether you're just starting out or are an experienced investor, Jim Roppel's approach offers a solid framework for navigating the complexities of the financial markets.
NSE:NIFTYEducation
by keshevdugar
Zomato in down trend a trap or opportunity?Zomato Ltd's overall expenses for the quarter increased more quickly than its revenue, causing Zomato Ltd.'s Q3 FY25 net profit to drop more than 66% from the previous quarter to Rs 59 crore. Zomato's October–December 2024 revenue reached Rs 5,405 crore, a 13 percent increase over the previous quarter. Zomato has been in a downtrend since it reached 300 level in the first week of Dec 2024. 20 EMA (Black Line) is trading just below 50 EMA (Orange Line) and 100 EMA line (Sky Blue line). Resistance levels: 263, 285, 304 Support levels: 239, 226
NSE:ZOMATO
by shanmurali
NIFTY ANALYSIS!!!!!!!!nifty is not looking great now. It is in bearish trend. Look for price to break below 23100( blue line in the chart) to go for short in nifty. If everything happens then price will drop even further in down direction. I will update in coming days of this week if price shows reversal. Other than that the price will fall towards red lines. Trade through your models. Don't scold me if it's wrong, I just share my views. I don't take your financial losses and profits. Learn to trade by yourself is better for you.
NSE:NIFTYShort
by tradbooker
3
SRF Chart Signals Big Breakout OpportunityThe chart shows a weekly timeframe analysis of SRF Ltd (NSE) with a focus on a potential breakout. Here’s a breakdown of the analysis: Pattern Identification 1. Symmetrical Triangle Pattern: • The chart highlights a symmetrical triangle, where the price has been consolidating within converging trendlines. • This pattern generally indicates a continuation or reversal, depending on the breakout direction. 2. Fair Value Gap (FVG): • There is a Fair Value Gap (FVG) marked, which represents an imbalance in price action. It could act as a liquidity zone for price retracement. 3. Order Block (OB): • An order block is highlighted, which is a strong demand zone. This suggests that buyers could step in, pushing prices higher. Future Outlook 1. Bullish Breakout Expected: • The arrows and target zones indicate that a bullish breakout from the triangle is anticipated. • The projected upside move is around 665 points (25%-30%), aiming for targets near ₹3,300-₹3,400. 2. Potential Retest: • A retest of the breakout level or a pullback into the order block (around ₹2,400-₹2,500) could occur before continuing upward momentum. 3. Secondary Triangle: • Another smaller triangle formation is shown for the medium-term outlook, suggesting a consolidation phase before further movement. Key Levels • Support Zones: ₹2,357 (stop-loss region) and ₹2,486 (demand zone). • Immediate Resistance: ₹2,606 (current breakout level). • Target Zones: ₹2,791 and ₹3,300+ in the medium to long term. This chart suggests a positive outlook for SRF Ltd, with a focus on confirming a breakout and maintaining the marked support levels. DISCLAIMER- PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING . THIS IS FOR EDUCATIONAL PURPOSES ONLY
NSE:SRFLong
by Trade_lyst
Bitcoin Dominance 1D Setup - Bitcoin D is currently trading at 58.26% - Bitcoin D is going to be the biggest indicator to track when Alts will bounce - Bitcoin D has changed its market structure and can soon shift its bias to bearish once we see a weekly close below 56.18% - 90% of altcoins are struggling to make a comeback and stay strong for long as BTC D and Bitcoin is outperforming ETH since quite long - One thing to notice for all Trader/Investors is going to be ETH/BTC pair, ETH/BTC on a weekly TF has already bottomed out and it has recently reacted strong and at the same time TRUMP's inaugural is tomorrow where we can see that Trump has added ETH worth 5Million $ - Ethereum is going to be the biggest indicator clubbed with ETH/BTC USDT D once these start outperforming and USDT D underperforming ETH will print 50-60% and maybe purge a new high and that will lead to an altcoins rally
CRYPTOCAP:BTC.DShort
by VKtradesimbalance
Ashapura Minechem - All Time Breakout after 17 yearsAshapura Minechem has give ATH breakout after 17 years. Technically this stock can go to whooping 24500. Other factors: 1. 3rd largest producer of Bentonite in the world 2. Promoters have increased stake 3. Electrification, E-cars, Solar panels gives huge opportunity 4. Technically, has given breakout after 17 years 5. Has done a retracement of ~55% from its high price before moving up and giving a breakout 6. Monthly volumes have been steady Looking at the above parameters and opportunities ahead, this stock is poised to move up to our immediate targets and a big buy for longterm. Keep this stock in your radar. Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price. Cheers!!
NSE:ASHAPURMINLong
by Cleaneasycharts
13