KNR Posted Good Numbers for Q2 FY 24-25NSE:KNRCON Posted Good Q2 Numbers for FY 24-25 with Margin Expansion. It provides EPC services in segments such as roads and highways, irrigation, and urban water infrastructure management.
Results Snapshot:
QoQ Sales: 97.4 %
QoQ Profits: 249 %
YoY Sales: 87.3 %
YoY Profits: 216 %
OPM%: 45%
Currently Trading at 7.91 times P/E. with Book Values/Share of 2.08.
275-277 is a good zone to add.
344-351 is Crucial for sustained up-move.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Knrconstrctions
KNR CONSTRU LTD NSE:KNRCON Stock has the best support at the level of Rs 330 ,
You can buy this stock when it crosses and sustain above Rs 350 ,
The stock can go from 365 to 370 as the first target,
The second target is 380 to 388 .
The third target is 400 to 410 ,
stoploss blow 330 rupees (at least 1 day candle closed.)
KNRCONNote:
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...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
KNR CONSTRUCTION PROJECTIONKNR CONSTRUCTION 1D Timeframe Projection.
Daily and Weekly trends are Bullish.
DISCLAIMER: All labeling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
KNR CONSTRUCTION - Stay Cautious!Overview & Observation:
1. DOJI breakout candle.
2. RSI is showing weakness in buying strength.
3. Momentum can be slow.
Trade Plan:
1. I will avoid
2. RRR is not favourable.
- Stay tuned for further insights, updates and trade safely!
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Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Momentum Infra Stock| KNR Constructions LtdKNR Constructions Ltd
KNR Constructions Ltd, incorporated in 1995, is engaged primarily in the construction of roads, bridges, flyovers and irrigation projects.
Financial:
Market Cap ₹ 7,783 Cr. Current Price ₹ 277 Stock P/E 14.1
ROCE 20.8 % ROE 15.5 %
Debt to equity 0.25 Promoter holding 51.1 %
Quick ratio 1.57 Current ratio 1.83
Piotroski score 9.00 Profit Var 3Yrs 14.8 % Sales growth 3Years 18.3 %
Return on assets
8.20 %
This stock is now in momentum zone with strong fundamental.
I selected bcz i invest in India so infra stock is more demanding in upcoming future.
keep in radar this stock.
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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KNR Constructions (Trendline Breakout Setup On WTF)KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
KNRCON Analysis(Double Bottom)! NSE:KNRCON Analysis!
KNRCON Analysis on Daily Timeframe!
Double Bottom Pattern Formation in KNRCON!
Neckline Breakout in KNRCON!
Trend Reversal in KNRCON
KNRCON has made Double Bottom Pattern on a daily timeframe. It has given neckline breakout but experienced high selling pressure around this level. We can observe the retesting is happening now.I have extended previous support trendline we can expect price may take support on this trendline also neckline can acts as a support if we consider current price level. We can see RSI is also trending and took support at support trendline recently it has given breakout to the resistance trendline. So we can expect the price can move upwards.
Entry = Aggressive investors can buy at current levels, Conservative investors can wait for small retest.
Stop Loss = Below 242.65
Targets = 1) 258.95 2) 265.95 3) 271.70 4) 280.40
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
KNR Construction : Positional call (1/3/6 Months)#KNRCON : Superb Chart Structure
>> Range Breakout
>> VCP Breakout (Flacg & Pole)
>> Breakout (with Volumes) & Retest done
>> Decent Volumes & Good Strength in Stock
Good Chart Structure for Learning Purpose.
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Keep Learning & Keep Growing
Stock Analysis of KNR ConstructionDate - 21-01-2022 Price - 315.05
KNR Construction is near the support zone and as govt. is likely to focus on the infra sector, this stock can be huge beneficial. KNR Construction main business is building roads and highways which going to be the main focus of govt. in the upcoming budget.
Stock can be good buy for budget play.