Stock is forming Higher High and Higher Lows Pattern with VolumeHello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well. there is higher probability that we are going to achieve all our targets.
Stock is good to hold for long term as well, so if anybody is looking to invest for long term can do SIP in this stock. Company is India’s largest private sector shipping company, owning and operating 43 ships and 23 offshore assets. The shipping business is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company is involved in the offshore services business through its wholly-owned subsidiary Greatship India Ltd. It provides offshore oilfield services with the principal activity of owning and/or operating offshore supply vessels and mobile offshore drilling rigs.
Market Cap
₹ 15,017 Cr.
Current Price
₹ 1,048
High / Low
₹ 1,129 / 658
Stock P/E
5.75
Book Value
₹ 868
Dividend Yield
2.75 %
ROCE
20.2 %
ROE
23.1 %
Face Value
₹ 10.0
Industry PE
27.6
Debt
₹ 3,048 Cr.
EPS
₹ 183
Promoter holding
30.1 %
Intrinsic Value
₹ 1,401
Pledged percentage
0.00 %
EVEBITDA
3.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
199 %
Sales growth 5Years
8.18 %
Return over 5years
33.8 %
Debt to equity
0.25
Net profit
₹ 2,614 Cr.
ROE 5Yr
15.5 %
Profit growth
6.30 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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