Wipro New run is startingWipro is at cloud support on monthly charts & this could be taken as a great support for a big move. Can keel stop loss near 388 levels for target of 470 -540 & further new highs in long term.
Investment
Flight & Hotel booking Company (EMT) is ready to fly in blue skyHello Guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock where weekly volume is higher than previous few weeks. Stock has given falling resistance trendline breakout and formed double bottom and given a huge breakout of neckline in last trading week. Now price is above neckline breakout and sustaining above. So if anybody wants to go long in it, can go with cmp or add some more if you get more down levels around 45-43. Stock is good with good management and this is only 2nd largest growing and profitable company in india.
Technical indicators like MACD is also giving bullish crossover on weekly timeframe, this all indicating a positive reversal in this stock.
About company:- Easy Trip Planners(EMT) is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel - related products and services under the flagship brand ''Ease My Trip''.
It also provides end- to -end travel solutions, including airline tickets, hotels and holiday packages,rail tickets, bus tickets and taxis as well as ancillary value- added services such as travel insurance, visa processing and tickets for activities and attraction.
Market Cap
₹ 8,798 Cr.
Current Price
₹ 49.6
High / Low
₹ 56.4 / 37.0
Stock P/E
54.9
Book Value
₹ 3.46
Dividend Yield
0.20 %
ROCE
54.6 %
ROE
46.9 %
Face Value
₹ 1.00
Industry PE
213
Debt
₹ 116 Cr.
EPS
₹ 0.92
Promoter holding
64.3 %
Intrinsic Value
₹ 38.0
Pledged percentage
0.00 %
EVEBITDA
39.8
Change in Prom Hold
-1.24 %
Profit Var 5Yrs
103 %
Sales growth 5Years
33.8 %
Return over 5years
%
Debt to equity
0.19
Net profit
₹ 160 Cr.
ROE 5Yr
47.0 %
Profit growth
24.6 %
PROS:-
Company is expected to give good quarter
Company has delivered good profit growth of 103% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 48.7%
CONS:-
Stock is trading at 14.3 times its book value
Promoter holding has decreased over last quarter: -1.24%
Debtor days have increased from 98.5 to 138 days.
Working capital days have increased from 43.6 days to 316 days
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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HINDPETRO | Swing Trade📊 Details
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
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EASEMYTRIP | Investment Pick📊 Details
The company offers a comprehensive range of travel - related products and services under the flagship brand ''Ease My Trip''.
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TATACONSUM | Swing Trade📊 Details
Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, UK, North America, Australia, Europe, Middle East and Africa.
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KTKBANK | Swing Trade📊 DETAILS
Sector: Bank - Private
Mkt Cap: 8,387 cr
Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
TTM PE : 6.19 (High PE)
Sector PE : 25.76
Beta : 1.83
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.78% away from 52 week high
Outperformer - Karnataka Bank up by 11.1% v/s NIFTY 50 up by 8.62% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
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ICICIGI | Investment Pick📊 DETAILS
Sector: Multiline Insurance & Brokers
Mkt Cap: 67,404 cr
ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels.
TTM PE : 38.07 (Low PE)
Sector PE : 36.69
Beta : 0.71
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.63% away from 52 week high
Outperformer - ICICI Lombard General Insurance Company down by -0.47% v/s NIFTY 50 down by -2.53% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
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RELIANCE | Investment Pick📊 DETAILS
Sector: Oil Exploration and Production
Mkt Cap: 1,581,655 cr
Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family has about 50% shareholding in the conglomerate.
TTM PE : 23.09 (Low PE)
Sector PE : 29.20
Beta : 1.25
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
18.15% away from 52 week high
Outperformer - Reliance Industries up by 0.82% v/s NIFTY 50 down by -1.11% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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SONACOMS | Swing Trade📊 DETAILS
Sector: Auto Ancillaries - Castings/Forgings
Mkt Cap: 34,069 cr
Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories.
The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.
TTM PE : 72.26 (Low PE)
Sector PE : 49.28
Beta : 0.69
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
6.59% away from 52 week high
Underperformer - Sona BLW Precision Forgings up by 2.34% v/s NIFTY 50 up by 8.2% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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ZEEL | Investment Pick📊 DETAILS
Sector: TV Broadcasting & Software Production
Mkt Cap: 27,062 cr
Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights.
TTM PE : --
Sector PE : 32.94
Beta : 0.95
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.68% away from 52 week high
Underperformer - Zee Entertainment Enterprises up by 3.51% v/s NIFTY 50 up by 7.5% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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IOB | Swing Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 77,027 cr
Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969.
TTM PE : 32.90 (High PE)
Sector PE : 11.43
Beta : 1.65
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
20.94% away from 52 week high
Underperformer - Indian Overseas Bank up by 2.01% v/s NIFTY 50 up by 6.8% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
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CREATIVE | Positional Trade📊 DETAILS
Sector: Misc. Commercial Services
Mkt Cap: 1,061 cr
Creative Newtech Ltd (Formerly known as Creative Peripherals and Distribution
Limited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence.
TTM PE : 34.83 (High PE)
Sector PE : 41.41
Beta : 1.18
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
10.91% away from 52 week high
Underperformer - Creative Newtech down by -4.16% v/s NIFTY 50 up by 8.13% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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INDIGO | Swing Trade📊 Details
Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its customers. IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircrafts.
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DCMSHRIRAM | Investment Pick📊 Details
DCM Shriram is engaged in the business of manufacturing facilities of Fertiliser, Chloro Vinyl & Cement in Kota (Rajasthan) and of Chlor- Alkali in Bharuch (Gujrat).(Source : Company Web-site )
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DRREDDY | Investment Pick📊 DETAILS
Sector: Pharmaceuticals & Drugs
Mkt Cap: 90,938 cr
Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
TTM PE : 17.87 (Low PE)
Sector PE : 45.28
Beta : 0.49
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
9.51% away from 52 week high
Underperformer - Dr Reddys Laboratories down by -0.74% v/s NIFTY 50 down by -0.29% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
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KPIL | Multiyear Breakout📊 DETAILS
Sector: Transmission Towers / Equipments
Mkt Cap: 11,449 cr
Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.
TTM PE : 23.95 (High PE)
Sector PE : 20.38
Beta : 0.42
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.84% away from 52 week high
Outperformer - Kalpataru Projects International up by 10.19% v/s NIFTY 50 up by 7.57% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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EIHOTEL | Multiyear Breakout📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 15,205 cr
EIH is primarily engaged in owning and managing premium luxury hotels and cruisers under the luxury Oberoi, Trident and Maidens brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters.(Source : 202003 Annual Report Page No:124)
TTM PE : 35.86 (Average PE)
Sector PE : 55.58
Beta : 0.73
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
11.75% away from 52 week high
Underperformer - EIH up by 5.01% v/s NIFTY 50 up by 8.82% in last 1 month
📈 FINANCIALS
Piotroski Score of 9/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Time to Sell_ RelianceNamaste!
Any stock can not sustain it's bullish behaviour, without a correction.
Reliance has to correct, before going up again. It is the proved nature of markets.
Why selling any stock is a good idea.
1. To buy it back at a lower prices,
2. To full-fill urgent needs of money,
3. To let the weak hands enjoy the euphoria and not to stay in the markets when there is an extreme optimism.
So, I am suggesting a logical price to book profits in Reliance. The price would be Rs 3100. Why?
Look, the people who would have bought at around Rs 1100, will be getting around 2.9 times of there investment amount. Hence, they will be booking profits, resulting in a correction.
Okay, I will be sell it at the above price, but what if I want to buy it again.
A: You have to wait for greater than 15% correction from All time highs, before buying it again. Because, In India, LTCG is around 10%, so you have to get the stock back at 15% or more correction, to compensate for your extra efforts.
Disclaimer: The analysis I have shared is based on my understanding of the markets. Please do your due-diligence and you are solely responsible for your decisions.
Right time to invest in WIPROIn weekly chart we can see after double top price was fall. And whole 2023 reate a strong support at 441.70.
Very Strong Support - 441.70
Now 464 resistance level is breaking. If we see this week creating a red candle but volume is good and as expected price will go higher and touch 500 within couple of month.
It Creating cup and handle pattern.
If we see very carefully couple 7 consecutive 7 week creating green candle with a good volume.
It's a good sign for investor.
Sparc - Low Risk SetupThe stock has been traveling in a wedge formation for the last two months. This time it is at the bottom. Can take a chance if bounces from here.
The setup fails if sustains below the lower trendline of the wedge for 2 days.
This is only for learning and sharing purposes. Not a piece of trading advice in any form.
All the best.
BRITANNIA | Investment Pick📊 Details
Britannia Industries is one of Indias leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures Indias favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannias product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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NGL Fine Chem Ltd | a Momentum pharma stockNGL Fine Chem Ltd | a Momentum pharma stock
Established in 1981, NGL Fine-Chem Limited manufacturers and markets APIs, Intermediates and Finished Dosage forms for human and animal pharmaceutical product. It caters to various Indian and global companies with high quality and reliable products.
Financial:
Market Cap = 1,382 Cr. ROCE = 11.5 % ROE = 9.31 %
Debt to equity = 0.11 Promoter holding = 73.1 % Piotroski score = 4.00
Quick ratio = 2.06 Current ratio = 2.58 Return on assets = 7.11 %
Profit Var 3Yrs = 18.5 % Sales growth 3Years = 21.8 % Pledged percentage = 0.00 %
in Technically you can see monthly and weekly strong RSI Momentum
financially also debt free company as well as company has good capex plan in comming years
so this will be next multibagger if hold for long time.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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IRCTC | Swing Trade📊 Details
Incorporated in 1999, IRCTC is a Mini Ratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water
at railway stations and trains in India
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