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Galaxysurfactants

GALAXYSURF -Cup and Handle - WklyGalaxy Surfactants Ltd. shows a classic cup and handle pattern forming on the weekly timeframe. Key points of analysis include: Neckline: Around ₹3,120. Potential Upside Target: ₹4,014 based on the height of the cup (about 28.98% potential upside). Volume Spike: A significant increase in volume suggests strong buying momentum. Support Levels: ₹3,120. This breakout from the cup and handle indicates bullish sentiment, with further gains expected if the stock sustains above the neckline.
NSE:GALAXYSURFLong
by VCharts_TA
GALAXYSURF Looks good PositionallyGalaxy Surfactants. Chart Structure: - Near Darvas Box Breakout. - QTL b/o - Stock took an 11.26% breather after a 53.24% up move. - From March 2020, Stock moves around (avg.) 50% up after taking an avg. 14% breather. Relative Strength: - Stock outperforming index in 1w, 1m, 3m, 6m & 1Y. - Stock became RS+ on 31st March (as per new ARS) - Spread chart breakout happening today. Volume Activity: - Dry Volumes during the breather. - Accumulative positive volumes seen in small qty. - 7 Mutual Funds increased their holdings & 6 Mutual funds decreased their holdings in June. Resulting in Net increase of 5.78 lac shares in holdings of MFs. - In weekly TF, selling looks exhausted, and buying looks initiated. Financials: - Compounded sales growth of Co. (3 years) is 5% - Compounded Profit growth of Co. (3 years) is 24% - March results showed a sales jump of 16% but the decline of 7% in Net Profit. - Upcoming results are scheduled for Sept. 1st week. Good stock to study & keep an eye upon.
NSE:GALAXYSURFLong
by AmanSaraf
Galaxy Surfactants Ltd - Technical and Fundamental AnalysisGalaxy Surfactants Ltd is a leading manufacturer of Performance Surfactants and Specialty Care products with over 205 product grades. These products are used in consumer-centric Home and Personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products, etc. Preferred suppliers to leading MNC’s, Regional and Local FMCG brands. The company is India’s Largest Manufacturer of Oleo chemical-based Surfactants and Specialty Care Products for Home Care and Personal Care Industries # Multiple Manufacturing plants: The Company has 7 Strategically Located Facilities with In-house Project Execution Capabilities 5 in India, 1 in Egypt and 1 in the US. Clients The Company located in Navi Mumbai and Serving 1,750+ Clients Presence across 80+ countries and having 1,550+ Employees across all facilities. Company’s major clients are Unilever, Reckitt Benckiser, P&G, L’OREAL, Himalaya, Colgate Palmolive, etc. About 65% of the volumes come from the International market. Revenue Contribution by MNC Customers stands at 55%, Regional Players 11%, and Local & Niche Player 34%. Patents Since 2000, a total of 65 patents have been granted to Galaxy with 20 under the application. 78 indigenous Intellectual Properties have been Approved and 13 have been applied. In FY 2019-20, a total of 11 patents were granted to Galaxy. The company is in midcap range with market cap of Rs. 11,123 Cr., current P/E is 39. Topline and bottomline both are promising and company is consistently reducing it's debts on year on year basis. ROCE - 24% & ROE 24%. Fundamentally the company is very strong. On the technical side, stock is looking very strong on daily and weekly charts, long term chart is in uptrend. You can see huge volume at bottom on regular intervals, this indicates that still a lot of up move is left for this stock. BUY at CMP i.e. 3132 Target - 6200 (double)
NSE:GALAXYSURFLong
by ShareMarketSchool
10
Galaxy Surfactants looks ready to give an upmove of 10-15%The trend line looks to be set and Galaxy Surfactants looks ready to make an upmove. It may even converge to a smaller triangle but the next 2-3 weeks it should give an upmove of 10-15% in the range of 1800 to 1875. The trend is an uptrend so we are also going in line with the trend. Trend is My Friend :) Please note that this is my analysis and not a recommendation. Please do your own research before making any investment decision
NSE:GALAXYSURFLong
by kolhatkarspms