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Ifbindustries

IFB IndustriesIFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. It is engaged in the business of manufacturing diverse parts and accessories for motor vehicles etc. and home appliances products. Home Appliances Division (82% of revenue) - covers domestic appliance and industrial application categories including washing machines, domestic and industrial dishwashers, etc. In FY23, company launched washer dryers, 9kg & 10kg machines. Engineering Division (17% revenue contribution) includes a product range of fine-blanked components, tools, and related machine tools like straighteners, strip loaders, etc. It mainly caters to the automobile sector (2 wheelers, 4-wheelers, and commercial vehicles). Modular Kitchen: The company is at a nascent stage in this segment with three stores in Goa, three stores in Bangalore, and one store in Kolkata. The company has launched another store in Mumbai in FY23. It has 5 manufacturing locations. The company started its Refrigerator Plant in Pune, Ranjangaon (Phase llll). ln the First phase, the plant will manufacture a range of Direct Cool and Frost Free refrigerators with capacities ranging from I93 to 506 litres. The commercial production has started in FY24 In FY23, company transformed 90 stores to a new design format. In FY24, company targeted to convert 200-250 more stores to the new design. The company is developing a new range of washers with features such as 'Steam enabled' functionality and lnverter motor technology/WiFi connectivity. These products are planned for a phased roll-out in FY24. Additionally, it is also working on incorporating loT (lnternet of Things) and Al capabilities, with roll-outs expected in FY24. In Fy24, company planned to launch Advanced Cooking Oven devices and new capacity variants of ovens. The company has planned new product launches in Cooker Hood and Built ln Hob segment in FY24. The company will launch X2 series in dishwashers with higher capacity load in FY24.
NSE:IFBINDLong
by CannySunny
IFB Industries bullish breakout observedIFB Industries has given a recent trendline breakout as well as breakout from a W pattern formation in Weekly and Daily charts. This makes it bullish for in short term. Entry-EXIT can be done as below: BUY around 1260-1250 during retracement or RISKY traders can start accumulating above 1316 SL: 1220 below Targets: 1399 as first target, a breakout with good volume above can take it to 1500+ levels Risk-Reward ratio: 1:3+ Don't forget to keep revising SL once in profit. ** This is a good time for IFB considering festive season sales as well.
NSE:IFBINDLong
by chandanjha29
2
IFBNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:IFBINDLong
by SENSITRADE_T
IFB INDNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:IFBINDLong
by SENSITRADE_T
IFB INDNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:IFBINDLong
by SENSITRADE_T
Is IFB industries ready to fly??IFB industry historical chart says when it cross RSI 70% within 2-3 month getting double. Same movement can be seen here. Even we consider last month 50% movement and this month 20% movement than also looks decent for next 2-3 month as investment or positional trading. High Volume and MACD also support in all time frame. Disclaimer :- Stock is not a part of my investment or position. All comments and analysis are for study purpose. Please take advice of your financial advisor before taking any trade.
NSE:IFBIND
by P_hetalben