Investmentidea
ZIM LABORATRIES from Long Term POVCompany has announced bonus @2:1 Record date 22-12-20222. Stock looks good fundamentally with market cap of Rs.550 crores approx. which is undervalued according to me. It can be a good buy around the Demand Zone if the trend confirms to reverse upside from there.
- Company with Low Debt
- Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
- Annual Net Profits improving for last 2 years
- Book Value per share Improving for last 2 years
Bluestar, another star waiting to explode above 1085Weekly chart of Bluestar shows promise, I have been tracking this stock for last 1 year now. From 8th Nov 2021 price resistance of Rs 1085 been multiple times tested, 2 consecutive daily closing above this level can bring fresh momentum. If you are a breakout trader (keeping yesterday correction in Nifty), enter only with 50-60% of plan qty and pyramid more once it sustains above 1085 for a week or so. Pull back traders can add 30-40% qty at 1008 and more near support area. Weekly resistance has just crossed 57, daily RSI still not in overbought zone, make this an interesting stock to watch out for.
ALKEM - SWING TRADE SET-UPAlkem looks good for swing Trade
He breaks Flag and pole pattern on Weekly time frame and also maked double bottom pattern
It's good for buy above if sustain then Buy 3250-3255 in this Rang
Disclaimer:- Fundamentally this stock is not good so don't invest more .
This is only for educational purpose
Apollo tyre buy trend analysis hi..,
1. Apollo tyre formed bull flag pattern in weekly.., after huge rally in 2020 its traded in rangebound market past 1.5 years
2. now the stock range bound phase done..,
3. also double bottom in weekly breakout
4. buy for swing trade first target 280
target period 4 weeks
5.for investment also gud level of buy target it will hit new.., buy trend for couple of years
Cup & Handle Breakout - Accumulate !!Cup & Handle Pattern is the most Trusted pattern with highest accuracy.
Century Textiles is fundamentally very sound stock with no debt. The Revenue and EPS of the Company has grown continuously.
Mutual Funds hold almost 14% stake and FPI hold nearly 8%. This provides us a strong sign for the company.
Technically the Price Chart is bullish on all time Frames. Hence it is a very good opportunity to go long.
DEVYANI INTERNATIONAL | MID-LONG TERM INVESTMENT STOCKDevyani International looks good to buy at current levels 145 - 140 and add more if get around 130 for the marked targets on the chart.
This is an investment stock to hold for the mid-long term.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
11 Years range BreakoutPrice out from 11 years Range .
Sector - Capital Goods
Industry - Electrodes
When price break the symmetrical Triangle upper boundary and sustain above it then high probability price continue the trend .
#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
#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