KPR Mill cmp 1080.35 by Weekly Chart viewKPR Mill cmp 1080.35 by Weekly Chart view
- Price Band 900 to 934 Support Zone
- Volumes are surging very heavily intermittently since August 2024
- Weekly Support at 983 > 870 > 765 with the Resistance only at the ATH 1099.00
- Stock Price is traversing within Rising Parallel Price Channel with intermittently huge Volumes surge since August 2024
- Stock is trading along with repeat Bullish Rounding Bottoms from lower band of Parallel Price Channel indicating continued bullishness at random intervals
KPRMILL
KPRMILL for 35% (approx..) GainKPRMILL is showing a rounding bottom breakout and retest with good amount of volume. A good fundamental company with 35 PE but I am again interested in its share holding pattern please check...
( www.screener.in )
All data is available in public domain..
CMP : 820
TG : 1050
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
KPRMILL | BULLISH1) KPRMILL shows strong uptrend potential with good technical and strong fundamentals
2) FII's & DII's are increasing the stake
3) Consistency in top-line and bottom-line
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
KPRMILL - Ichimoku Breakout📈 Stock Name - K.p.r. Mill Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 950.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Momentum Swing idea| K P R Mill Ltd K P R Mill Ltd
K.P.R. Mill is engaged in one of the largest vertically integrated apparel manufacturing Companies in India.
Market Cap ₹ 27,314 Cr. Current Price ₹ 799 Stock P/E 34.1
ROCE 24.4 % ROE 23.4 %
Debt to equity 0.21 Promoter holding 73.8 %
Quick ratio 2.33 Current ratio 3.99 Piotroski score 5.00
Profit Var 3Yrs 29.5 % Sales growth 3Years 22.6 %
Return on assets 15.4 %
This stock has good fundamental with weekly in momentum RSI above 55 .
this is debt free company. Keep in radar
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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Large Rectangle Pattern breakout seen in KPR MILL Hello Traders and Investors,
Guy's we have seen large neet and clean Rectangle pattern breakout in KPR MILL. Price has given a consolidation almost near to 2 years, earlier trend was uptrend and breakout has seen in uptrend so there is higher probability that we will see huge momentum in coming weeks. Well stock is highly strong as technically and fundamentally. It has already made Billionaires to their investors who invested in ipo times and even later on after ipo. We all know investment needs Time to grow. So now if anybody wants to go long can go with given levels.
ABOUT COMPANY:-
K.P.R. Mill is engaged in one of the largest vertically integrated apparel manufacturing Companies in India. The Company produces Yarn, Knitted Fabric, Readymade Garments and Wind power.
KEY POINTS
Product Range:-
The company produces a wide range of products viz. yarn, fabric, garments, sugar, molasses, ethanol, automobile parts, and others. It has a presence across the textile, sugar, power, and automobile industry.
Presence across Textile Value Chain:-
The company is a vertically integrated producer of textiles. It produces yarns, fabrics, and knitted garments. It uses ~29% of its yarn and ~61% of its fabric for captive production.
Revenue Breakup FY22:-
Presently, yarns & fabric account for 43% of revenues, followed by garments (~40%), sugar (13%), and others (4%).
Geographically Diverse Operations:-
In FY22, the company earned 62% of its revenues from domestic sales and the rest 38% from international sales. The company exports to over 60 countries, its major export destinations are UK, China, Australia, and the USA. Top 5 export destinations contribute ~62% of total exports in FY21.
Diversified Customer Base:-
The company has a strong customer base with ~1,200 regular domestic clients for yarn and fabric and ~60 leading international brands for garments. In FY21, Top 10 export customers account for 72% of total exports and top 10 domestic customer account for 9.3% of domestic revenues. No single customer accounts for over 10% of the company's revenues in FY21 and FY22.
Retail Segment (FASO):-
In 2019, the company started a new brand 'FASO' under which it sells innerwear and athleisure garments. The product categories include Brief, trunk, boxer shorts, vest, gym vest, muscle tee and athleisure. It aims to manufacture 100% of the brand's products in-house.. Faso Products are sold through more than 3000 retail stores.
Order book:-
As of Q4FY22, co. has an order book of 900 crore.
Manufacturing Capabilities:-
Company owns 15 manufacturing units located in Tamil Nadu, Karnataka and Ethiopia.
Combined capacity details
It is one of the largest apparel manufacturers in India with a capacity of 105 million knitted garments. It's Ethiopian manufacturing facility has an installed capacity of 10 million knitted garments p.a.
Expansion
In FY 2022, co. established a new Garment facility with a capacity to produce 42 million knitted garments per annum at Chengappally, Erode District Tamil Nadu. The expansion of sugar, cogeneration and ethanol production capacity with 10,000 TCD, 50 MW and 230 KLPD at Chowdapur, Gulbarga District, Karnataka has also been completed.
Buy-back:-
Co. resorted to a Buyback of 22,36,000 equity shares through the "Tender Route" process at a price of 805 per Share. The total consideration amounted to 80 Crores representing 7.73% of the fully paid-up equity share capital. Buyback was completed on 26th April 2022.
Market Cap
₹ 29,198 Cr.
Current Price
₹ 854
High / Low
₹ 928 / 479
Stock P/E
37.0
Book Value
₹ 118
Dividend Yield
0.47 %
ROCE
24.4 %
ROE
23.4 %
Face Value
₹ 1.00
Debt
₹ 843 Cr.
EPS
₹ 23.1
PEG Ratio
1.63
Promoter holding
73.8 %
Intrinsic Value
₹ 384
Pledged percentage
0.00 %
EVEBITDA
23.6
Change in Prom Hold
-1.02 %
Profit Var 5Yrs
22.7 %
Sales growth 5Years
15.4 %
Return over 5years
48.4 %
Debt to equity
0.21
Net profit
₹ 789 Cr.
PROS
Company has reduced debt.
Company has delivered good profit growth of 22.7% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Why am i Bullish in KPR MILL ?
Technical.
*Entry can be initiated if it is closing above 650 level for the day, As it is very close to give multipattern Breakout.
Targets: -
1. 695
2. 765
Stoploss: -
610
Fundamental.
*Stock has given good profit growth of 23.0% CAGR over last 5 years.
*company has increased its net profit from 33cr to 815cr YOY basic in just 10 years.
*Stock is available at 27 PE ratio, which indicates consistence growth.
MY commentary
It is one of India’s largest knitted garment manufacturers with total capacity of 157 million pieces. Two major capex projects worth 750 crore towards garmenting ( 250
crore) and ethanol facility ( 500 crore) expected to be ramped up in FY23E. Recent FTA with Australia to benefit KPR as the region contributes 11% to
sales.
KPR Mill ready!Chart -> KPR Mill Daily
Breakout with volume activity.
CMP: 668
Good Range To Buy: 640 to 670
Target: 728, 768
SL: 630 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Profiting from Breakouts: KPR Mill SpotlightOn Daily Chart there is a very good breakout , retrace and again breakout on KPR Mill
with a small stop loss of 575
CMP 604
can expect 1st Target 685
2nd Target 766
KPR Mill fundamentally strong company
The company has shown a good profit growth of 36.22% for the Past 3 years.
Company has been maintaining healthy ROE of 25.70% over the past 3 years.
Company has been maintaining healthy ROCE of 28.78% over the past 3 years.
Company has a healthy Interest coverage ratio of 74.15.
The company has a high promoter holding of 74.78%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.68
One of the Best combination of technical and fundamental
" Please do your own analysis before take a trade"
Descending triangle Break out on KPR Mills - Weekly chartsKPR mill breaks out of the Descending triangle pattern on weekly chart. The Entry exit points are all mentioned on the chart. The volume is building up.
Disc ; Invested from lower levels, this is for educational purpose only. Please do your own research, before investing.
Descending triangle breakout in KPR MillsChart -> KPR Mills Weekly
Breaking out of a descending triangle!
CMP: 580
Targets: 640 and 710
SL: 515 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.