Get started

Investingopportunity

SASKEN TECHNOLOGIES coming out of base.About: Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor , Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc. Located in India, the company has presence all over the world Technical Points: 1. Price near Resistance zone. 2. Huge Volume Activity near Resistance Area (9x volume above average) 3. Huge Volume Activity witnessed on 24 & 25th October & 2 sessions in September with Positive Price Action. 4. Relative Strength of Stock has turned positive since 24th October & Sustaining. 5. Stock has formed a good base over 177 sessions or 261 days. 6. Stock's sector CNXIT had been under-performing Nifty since April 2022 but has seen positive price action and now at a base breakout juncture. 7. Once Sector starts its momentum, the stock will fire. Financial Results: 1. Sales Growth: 19% QoQ & 10% YoY 2. PBT Growth : 120% QoQ & -2% YoY 3. EPS Growth : 140% QoQ & -3% YoY Comment: Stock looks like coming out of a base with some good volume activity (which signifies accumulation). If it breaks out of resistance area First immediate resistance is around 29% away & second resistance is 54% away. If IT sector starts outperforming Nifty and come into flavor, this could fire up & give returns much quickly than anticipated. Disclaimer: This stock analysis is for study & education purpose only, so one can understand mentality & analytic points behind study to choose a stock for medium to long term investing. This is not a recommendation to buy or sell a security. Learners shall take their decisions on their own discretion.
NSE:SASKENLong
by AmanSaraf
#HSCL - INVESTMENT PICKABOUT Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player in Naphthalene and SNF in India. KEY POINTS Product Portfolio It manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde), and specialty oils. It has transformed its portfolio from low-value products to high-valued products over the years for higher margins. Manufacturing Capabilities Capacity :- Coal Tar Distillation - 5,00,000 MTPA Carbon Black - 120,000 MTPA Specialty Carbon Black - 60,000 MTPA SNF - 68,000 MTPA The company owns 8 manufacturing facilities in India out of which 4 are located in West Bengal. It also owns a manufacturing unit in China. It recently started manufacturing specialty carbon black after expansion in FY20. It also planning an advanced carbon project of 20,000 MTPA at a project cost of ~300 crores. Its coal tar distillation plant in West Bengal is the largest in India with a capacity of 500,000 MTPA (metric tonnes) that produces various grades of coal pitch and also produces naphthalene for further processing of SNF. Sales Volume The company recorded a sales volume of ~320,000 MTPA of carbon materials and chemicals in FY20. Geographical Revenue Breakup Presently, the company earns ~92% of its revenues from sales within India and the rest 8% from sales outside India. Industrial Exposure The company is exposed to various industries namely steel, aluminum, automotive, plastics, rubber, and infrastructure development. Clientele Base Its client base includes Vedanta, Hindalco, Balco, Nalco, Alcoa, graphite India, MRF, apollo tyres, CEAT, Goodyear, Pidilite, Fosroc, BASF, and others. PERSONALLY EXPECTING 300__500% ROI NSE:HSCL
NSE:HSCLLong
by timetravellerfromfut
1
#TPLPLASTEH - INVESTMENT PICKABOUT TPL Plastech Ltd is engaged in the business of manufacturing polymer-based industrial packaging products like Drums and Jerry cans. It caters to customers in industries like Chemicals, Petrochemicals, Specialty Chemicals, Plasticizers, pharmaceuticals, FMCG, Food Products, etc. KEY POINTS Product Portfolio Narrow Mouth Drums: Used for storing liquid chemicals and lube oils with capacities ranging between 210-250 liter Narrow Mouth & Wide Mouth Carboys: Used in Specialty Chemical and Adhesives industry for storing semi-liquid powder and paste type products with capacities ranging between 25-120 liter Open Top Drums: Used in Dyestuff, Food, Pharma industry for storing packing powder, paste type, semi-liquid and solid products in capacities ranging between 35-235 liter Customer Profile The company caters to 250+ customers in various industries like Chemicals, Petrochemicals, Specialty Chemicals, pharmaceuticals, FMCG, etc. Some notable customers include Gulf, Godrej Industries, Aarti Industries, Dabur, Valiant Organics, Jubilant Lifesciences, Amul, KLJ Group, etc. Manufacturing Facilities The company has a capacity of 28,000 MTPA across 6 manufacturing facilities in India. The manufacturing facilities are located in Ratlam, Vizag, Silvassa, Bhuj, Uttarakhand, and Jammu. Production in Bhuj, Ratlam, and Vizag facilities was started in 2020. CapEx The Co. is setting up a new manufacturing unit in Silvassa for manufacturing small packaging products with capacities ranging between 50 ml to 10 liters as Value Added Products to serve the existing customers in the segment of Pharma, FMCG, Food, etc. The Phase-1 investment of the project was 8 crores and the project was commercialized in Oct 2021. During FY21, Co. has also incurred a CapEx of Rs. 3.8 Cr towards automation & de-bottlenecking at existing plants Promoter The company is promoted by Time Technoplast Ltd which is involved in the manufacturing of technology and innovation-driven polymer & composite products. It holds a 75% stake in TPL Plastech. PERSONALLY EXPECTING 300__500% ROI NSE:TPLPLASTEH
NSE:TPLPLASTEHLong
by timetravellerfromfut
EVERGREEN Stocks _ available at "Nothing to loose Zone" !!!!Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone. -: NSE:PIDILITIND - available @2370 and strong support around 2250-2300. -: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk. -: NSE:MINDTREE - available @3785 and strong support around 3550-3500 . -: NSE:ABBOTINDIA - available @17380 and strong support around 16000-16300. -: NSE:HONAUT - available @40360 and strong support around 38000-40000. -: NSE:RELAXO - available @1222 and strong support around 1130-1160 . -: NSE:VINATIORGA - available @1860 and strong support around 1780-1730 . -: NSE:ALKYLAMINE - available @2982 and strong support around 2950-2800 hardly 100 rupees risk. -: NSE:APLLTD - available @725 and strong support around 660-720 less than 50 rupees risk. -: NSE:HLEGLAS - available @5400 and strong support around 5300-5000 less than 4% risk. -: NSE:SUPPETRO - available @665 and strong support around 600-620 These all are investment grade stocks which will surely compound your capital more than 25%. "HAPPY INVESTING"
NSE:HONAUTLong
by Chaser30
2
Divis Lab - Fundamental + Technical Positive (Multiple Triggers)Divis Labs corrected corrected fairly after almost a continuous rally of about 40% in say 6 months. After making a peak at 5389, it corrected nearly 30%. Now, it seems to have consolidated well and is in good shape to resume its bull run going further. Points working in favor: 1. Fundamentals are improving pretty good 2. Double Bottom with positive RSI Divergence 3. Price action is strong on weekly chart as well Key Resistance points/Target points: 1. 4689 2. 4769 3. 4890 4. 5016 (Fresh strong rally possible after this stage on closing basis) Key Support level/stop loss: 4300
NSE:DIVISLABLong
by TechnoFunda_Investor
1
Great potential of DWARIKESH to become leader in ETHANOL sector-India, the second largest producer of sugar in the world, is more than self-reliant for its sugar consumption. Countries that imported the highest dollar value worth of sugar from India in 2020 are United States, Indonesia, Italy, Algeria, Bangladesh & Malaysia. Drivers of sugar demand in India- 1. Rising population 2. Growing chocolate demand 3. Rise in confectionery sales 4. Robust soft drinks consumption 5. Government initiatives Overview of ethanol sector and government initiatives- Ethanol is a major by-product for integrated sugar mills which finds downstream applications among oil marketing companies, who blend ethanol with fuel. The average ethanol blending rate in India was estimated at ~7.43% in the last five months of ESY 2020-21 against 4.5% in 2019-20. India could need about 1,000 crore litre of ethanol for doping in petrol by 2030 with a view to reduce dependence on imports for meeting oil needs. The Government plans to double ethanol production and enhance the blending of ethanol and petrol to moderate oil imports. The country intends to increase ethanol production capacity from 4.26 billion litres to 6.60 billion litres from sugarcane and 5.4 billion litres from grain by 2025 to address the expected demand of 12 billion litres. The government approved a scheme allocating 460 crore to increase ethanol distillation capacity. Sugar industry overview- Uttar Pradesh is the largest sugarcane producer in the country, accounting for ~51% of the total cultivated area, ~50% of the crop and 35% of sugar production. About one-fifth of India’s sugarcane mill in the state. Sugar mills in Uttar Pradesh are estimated to have diverted 6.74 lakh tones sugar through B-heavy molasses and sugarcane juice for ethanol production this season against 3.70 lakh tones in 2019-20. Uttar Pradesh, with an annual ethanol production capacity of 1.4 billion litres, emerged as India’s largest ethanol producer. FUNDAMENTAL ANALYSIS – Dwarikesh Sugar Industries LTD is a company, which is primarily engaged in manufacture of sugar and allied products. The Company is also involved in the production of power and ethanol/industrial alcohol. KEY POINTS – 1. Good quarterly results 2. Constant Increase in revenues and profits y-o-y. 3. Increase in foreign intuitions stake 4. Company is spending lot of capital in technologies and machineries for scaling production of Sugar and ethanol. 5. Good dividend yield 6. Company is growing and planning to align their strategy with government policies. 7. no any red flags in company’s financials and fundamentals . TECHNICAL ANALYSIS- Stock just break the supply zone on weekly chart and as we can see on daily chart We can see some kind of retracement and pullback from supply zone which turns out to be demand Zone from now onwards. On weekly chart we can see a kind of bullish dragon fly candle which indicates stock has massive Upward potential. Overall conclusion is we can bet on this stock on green environment theme for long term horizon. It will be a good buy if we can accumulate this stock now or near demand zone ( which is around 85 To 75) as long term investment. You can search the fundamentals and financials of company on tickertape platform. This study is for education purpose only .
NSE:DWARKESHLong
by ameyagawade9
NESTLE - Good Trading + Investing OpportunityThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:NESTLEINDLong
by TradewithAditya