AUBANK - LONG TERM INVESTMENT CANDIDATE ?AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services.
CMP - 565
AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP.
Targets I'm expecting are 785 & 850 which is 40-48% upside from current level.
My SL would be 500.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my investment position. You can track it for educational purposes. Thanks!
Longterminvesting
State Bank Of India Support on 200 EMA | Swing Trade SBIN Stock Support on 200 EMA
RSI above 40
(Long Term price Support at 730 if you are long term investor that you enter 50 % Near 780 or 50% add amount Near 730) SL 720 TG 885
Short term trader enter @785/775
SL 760, TG 825/885
Disclaimer :-
: I am just share my personal view as a trader.
: Everything I discuss is for educational purpose only.
: Please consult your financial adviser before taking any decision.
: Trading in Equity market involves risk.
: I am not responsible for any losses incurred by following this chart.
Digital Technologies Co. Stock given Breakout with huge VolumeHello everyone, i hope you all will be doing good in your life and your trading as well, today i have brought a stock which has given a breakout of symmetrical triangle pattern with huge volume spike , generally whenver you see huge volume on the same day of breakout you can consider that as a healty breakout of that perticular company. Stock name Datamatics global services Ltd, and it is a Digital Technologies, Digital Operations, and Digital Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage. Datamatics enables enterprises to combine various relevant Digital Technologies to improve productivity and customer experience to build sustainable competitive advantage.
Technically stock has given breakout of symmetrical triangle pattern and stock is sustaining above to breakout levels and currently it is above to 200-DEMA , which is a good sign of bullish reversal. MACD also suggesting a bullish crossover.
Note:- I have not placed MACD & 200-DEMA on chart to make chart crytal clear.
Fundamentally stock is really awesome, companies management is very good, they understand the business very well, as there is too much competitions in their business but still they are surviving like a leader in sector. It is really a good bet for long term as welll as short term . if you are planning to invest for long term, then i will suggest you to go and start SIP in this. For short term to medium term targets and stop loss, i already have mention on chart above. Please follow stricly.
Market Cap
₹ 4,088 Cr.
Current Price
₹ 693
High / Low
₹ 792 / 450
Stock P/E
21.7
Book Value
₹ 208
Dividend Yield
0.72 %
ROCE
21.2 %
ROE
16.6 %
Face Value
₹ 5.00
Industry PE
40.7
Debt
₹ 17.4 Cr.
EPS
₹ 31.6
Promoter holding
66.4 %
Intrinsic Value
₹ 382
Pledged percentage
0.00 %
EVEBITDA
14.3
Change in Prom Hold
0.00 %
Profit Var 5Yrs
20.8 %
Sales growth 5Years
6.46 %
Return over 5years
57.3 %
Debt to equity
0.01
Net profit
₹ 186 Cr.
ROE 5Yr
15.6 %
Profit growth
-4.54 %
Earnings yield
6.08 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
MEDI ASSIST HEALTH SERVICESMedi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
Company provides third-party administration (TPA) services to insurance companies through its wholly-owned Subsidiaries, Medi Assist TPA, Medvantage TPA, and Raksha TPA. A third-party administrator is an organization that processes health insurance claims for insurance companies and provides services such as policy administration, customer service, and network management, among others.
As of 2023, company collaborated with 35 insurance companies in India and globally. In FY23, company managed a CAGR of 35.67%. The group accounts portfolio as a percentage of revenue from contracts with customers was 72.19% and the retail portfolio was 10.98%.
Company also acts as a facilitator between (a) insurance companies and their policyholders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes.
Company serviced over 9500 group accounts across sectors to help administer the insurance requirements of their employees. It held a significant share of the total health insurance market for group accounts, representing 26.39% of India’s overall group health insurance market in FY23.
Company also services individual insurance policyholders, and for FY23 it managed Rs 17.57 billion of premiums for the retail health insurance market, representing 5.06% of the overall retail health insurance market in India.
In H1FY24, company helped settle 3.05 million claims, comprising 1.37 million in-patient claims and 1.68 million domiciliary or out-patient claims.
Medi assist also facilitates other healthcare and ancillary services such as hospitalization services, call center services, customer relations and contract management services, billing services, and claims processing services through its Company and other Subsidiaries, IHMS, Mayfair India, Mayfair UK, Mayfair Group Holding, Mayfair Philippines, and Mayfair Singapore.
Company has developed a pan-India healthcare provider network, which comprises 18,754 hospitals across 1,069 cities and towns and 31 states (including union territories) in India and a network across 141 countries globally, as of 2023. Company intends to pursue acquisition opportunities to expand its existing service offerings, increase market share in existing markets, and expand to new geographies. In the last eight years, company has completed several acquisitions, including the acquisition of Dedicated Healthcare Services TPA (India), Medicare Insurance TPA Services (India), IHMS, Mayfair India, Medvantage TPA, and Raksha Health Insurance TPA.
Financial Performance:
- Total premiums under management administered by the company was at Rs. 19,050 crores as of March 31, 2024, showing a growth of 30.7% over the previous year.
- Group segment fund was Rs. 16,709 crores, with a growth of 30.4% year-on-year.
- Retail segment stood at Rs. 2,341 crores, showing a growth of 33.2% year-on-year.
- Company's share of the total health insurance industry premium was at 19.6%, with a growth of 186 basis points over the previous year.
Operational Highlights:
- Maintained group account retention at 94.7%.
- Processed 3.6 million outpatient claims in the last year.
- Won an award for "Best use of AI in Healthcare" for the Fraud Detection Engine.
- Continuing to invest in preventing fraud, waste, and abuse in the system.
- Building a team of data scientists for better data security and analytics.
Financials:
- Total income for the quarter ended March 31, 2024, was Rs. 171 crores, showing a growth of 23% year-on-year.
- EBITDA for the quarter was INR 37 crores, with a margin of 22% on operating revenue.
- Profit after tax stood at Rs. 25 crores, showing a growth of 50% year-on-year.
- Total income for the year ended March 2024 was Rs. 653 crores, with a growth of 26% over the previous year.
- EBITDA for the year was Rs. 133 crores, with a margin of 21% on the operating revenue.
- Profit for the period, adjusting for exceptional items, was Rs. 92 crores, showing a growth of 22% year-on-year.
Technology and Investment:
- Investing around 3-4% of revenues every year in technology.
Total investment in the platform and capitalization as of March 31, 2024, was Rs. 10 crores.
- Investing in a platform for the UK, with an expected cost of around 8 crores.
Future Outlook:
- Expecting to bring the acquisitions to the company's margin profile in the next 2-3 quarters.
- Focused on enhancing insurer relationships and expanding benefits in the retail segment.
- Cashless facility being expanded to non-network hospitals for emergency access.
- Strong emphasis on technology for service delivery and customer retention.
Challenges and Opportunities:
- Opportunities seen in expanding the retail market share and leveraging technology for growth.
- Optimistic outlook expressed by the management regarding future prospects and growth potential.
Symmetrical Triangle Pattern Breakout seen in Rossari BiotechHello Everyone, i have brought a stock which has given breakout of symmetrical triangle pattern and price is sustaining above the breakout price, stock name is Rossari Biotech Ltd, and it was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India.
Their 3 main product categories are:-
- Home, personal care, and performance chemicals
- Textile specialty chemical
- Animal health and nutrition
The company has two R&D facilities , one at Silvassa manufacturing facility and a research lab at IIT Bombay.
We know chemical sector is not performing well from long back, but prices are suggesting in many chemical stocks that, we can see rally very soon. Well best time to enter in any sector or stock is only when there is fear in sector or market. So this can be right time to enter and accumulate as much as possible in down levels, we might never gonna to see these prices again. Stock is trading almost 50% discount from all time all time highs. If someone is thinking to take and hold for long term, then i think right choice dude.
Company Overview
Rossari Biotech is a Specialty-Chemicals manufacturer offering solutions for Home, Personal Care and Performance chemicals (HPPC), Textile specialty chemicals (TSC) and Animal Health and Nutrition (AHN). It offers a total of 4220+ products catering to an array of applications across FMCG, Home care, Industrial Cleaning, Personal Care, Textile, Performance Chemicals, Animal Health and Nutrition and Pet Care businesses.
Market Cap
₹ 4,467 Cr.
Current Price
₹ 809
High / Low
₹ 904 / 657
Stock P/E
34.2
Book Value
₹ 190
Dividend Yield
0.07 %
ROCE
18.3 %
ROE
13.3 %
Face Value
₹ 2.00
Industry PE
38.6
Debt
₹ 119 Cr.
EPS
₹ 23.7
Promoter holding
68.3 %
Intrinsic Value
₹ 590
Pledged percentage
0.00 %
EVEBITDA
17.7
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
23.3 %
Sales growth 5Years
28.8 %
Return over 5years
%
Debt to equity
0.11
Net profit
₹ 131 Cr.
ROE 5Yr
16.0 %
Profit growth
22.1 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Long Term Investment Idea in Piston Making CompanyHello Everyone, i hope you all will be doing good in your Life and Trading as well.
Today i have brought an investment idea for long term on Auto component making company, which is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.
The company's product portfolio includes a broad range of Pistons, Piston Pins, Piston Rings, Engine Valves and Cylinder Liners. The company's product portfolio includes a broad range of Pistons, Piston Pins, Piston Rings, Engine Valves and Cylinder Liners.
The Co.’s customer base includes most of the OEMs in India like Maruti, Mahindra, Honda, Ford, Nissan, Tata, Bajaj, Hero, TVS, Yamaha, Ashok Leyland, Daimler, VE Commercial, Swaraj, and various others. It also caters to global OEMs, namely Jaguar, Land Rover, JCB, BMW Motorrad, Volkswagen, Rotax, ZF Wabco, Yanmar, etc.
The Co. has 3 manufacturing plants located across Uttar Pradesh and Rajasthan. Assembly units are located at Gurugram, Pune, Hosur, Becharji (Gujarat) and Sahibabad.
The Co. has various technical collaborations in different areas with KS Kolbenschmidt GmbH, Germany; Honda Foundry Co. Ltd, Japan; Riken Corporation, Japan and Fuji Oozx Inc, Japan.
Company is totally good as Technically and Fundamentally with good management. Stock has given Multi Year breakout with good Volume. there is higher probability, we can see follow through momentum.
Market Cap
₹ 7,884 Cr.
Current Price
₹ 1,790
High / Low
₹ 1,790 / 491
Stock P/E
19.1
Book Value
₹ 394
Dividend Yield
0.28 %
ROCE
24.7 %
ROE
20.8 %
Face Value
₹ 10.0
Industry PE
33.3
Debt
₹ 333 Cr.
EPS
₹ 94.0
Promoter holding
46.8 %
Intrinsic Value
₹ 1,208
Pledged percentage
0.00 %
EVEBITDA
11.0
Change in Prom Hold
0.00 %
Profit Var 5Yrs
16.0 %
Sales growth 5Years
8.57 %
Return over 5years
28.7 %
Debt to equity
0.19
Net profit
₹ 414 Cr.
ROE 5Yr
13.1 %
Profit growth
63.2 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Best risk and reward Swing Trade Idea, in Vodaphone Idea.Hello Everyone i hope you all will be doing good in your life and your trading as well,,i have brought an idea on Vodaphone idea,, if you will see chart on 1day, you will see recently stock has taken support on upward support trendline and price is sustaining above with good volume spike..Delivery volume also seen on higher side since some days. Means positional and swing trader are making position..I am expecting this should go above 25++ in coming some months..
But this is purely trading idea for short term to medium term. Take as swing and positional trade and wait for the targets. I am really not fully satisfied with current Fundamental analysis..so follow proper stop loss in it.
ABOUT:-
Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards.
Business Areas:-
The company's business services include voice business/ services, broadband services, content services, enterprise services and other VAS offerings like entertainment, SMS, Utility, etc.
Market Share:-
Presently, the company has a market share of ~27% and revenue share of ~24% in the telecom market in India. The company has a leadership position in Kerala and Mumbai circles with market share of 46% and 30% respectively. Other dominant circles include Gujarat (36%), Maharashtra (32%), Haryana (29%), Kolkata (27%) and others.
The market share fell from 40% to 27% since the merger of both Vodafone and Idea in 2018.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
India's Leading Lighting Components maker stock has gvn BreakoutHello everyone, i hope you all will be doing good in your trading and your life as well. I have brought another stock which has given small rectangle pattern breakout on daily timeframe, breakout is supported by good daily volume creation on daily chart. Good thing we just found early so we can take entry on right time. Well company is really good with good management track record. Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs. In FY19, they had 27-30% market share of the total 2 Wheeler headlamp market in India, which increased to 30%+ in FY22.
Technicals:-
stock is trading above 200-DEMA.
stock has given bullish crossover in MACD and RSI indicator.
stock has given breakout of Triangle pattern with good volume.
Everything suggesting a bullish momentum in this stock.
NOTE:- I have not put MACD & RSI indicators on chart, but i have done my analysis on these written indicators above.
Market Cap
₹ 3,424 Cr.
Current Price
₹ 1,301
High / Low
₹ 1,314 / 822
Stock P/E
20.7
Book Value
₹ 337
Dividend Yield
1.54 %
ROCE
26.7 %
ROE
20.1 %
Face Value
₹ 10.0
Industry PE
30.4
Debt
₹ 23.1 Cr.
EPS
₹ 63.0
Promoter holding
66.6 %
Intrinsic Value
₹ 892
Pledged percentage
0.00 %
EVEBITDA
11.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
24.4 %
Sales growth 5Years
6.96 %
Return over 5years
41.5 %
Debt to equity
0.03
Net profit
₹ 166 Cr.
ROE 5Yr
16.5 %
Profit growth
18.6 %
Disclaimer: - Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Largest Producer of Shrimp feed Stock has given breakoutHello Guy's i hope you all will be doing good in your life and your trading as well, i have brought another stock which has given breakout of triangle pattern and price is sustaining above the breakout zone, stock has given huge volume spike while breakout, it means there is higher probability for upside from here, short term to long term bet can be bet from here. Stock was consolidating in Triangle pattern from long time, finally it has given breakout with huge volume.
Technicals:- MACD AND RSI is showing bullish crossover (I have not put indicators here, but i have done analysis on that)
Price is above 200-DEMA in all major timeframes.
Good spike in volume supporting the breakout
Market Cap
₹ 8,385 Cr.
Current Price
₹ 615
High / Low
₹ 647 / 377
Stock P/E
23.5
Book Value
₹ 174
Dividend Yield
1.02 %
ROCE
21.2 %
ROE
16.0 %
Face Value
₹ 1.00
Industry PE
33.8
Debt
₹ 16.5 Cr.
EPS
₹ 26.2
Promoter holding
43.2 %
Intrinsic Value
₹ 326
Pledged percentage
0.00 %
EVEBITDA
12.9
Change in Prom Hold
-0.03 %
Profit Var 5Yrs
6.55 %
Sales growth 5Years
9.01 %
Return over 5years
11.3 %
Debt to equity
0.01
Net profit
₹ 394 Cr.
ROE 5Yr
16.8 %
Profit growth
33.2 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bullish Triangle Pattern Breakout seen in Construction CompanyHello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought another stock which has given breakout of Bullish Triangle Pattern with good weekly volume on chart. Stock really have given good move after breakout, but wait for best entry in case stock gives some lower momentum in between (300-325). Aggressive players can take entry from here too and accumulate more if you see lower levels in it.. Stock is good for short term to long term as well. This is kind of invest and forget type stock.
Technicals:-
stock is trading above 200-DEMA.
stock has given bullish crossover in MACD and RSI indicator.
stock has given breakout of Triangle pattern with good volume.
Everything suggesting a bullish momentum in this stock.
NOTE:- I have not put MACD & RSI indicators on chart, but i have done my analysis on these written indicators above.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Take State bank of India with No loss strategy for 5 Lakh
How you invest 5 lakh in SBI?
1. Invest 1 lakh(20%) at 815 Rs....Target: 1149 ( 41% )
2. Invest 1 lakh(20%) at 732 Rs .....Your average will be 774...Target : 1091( 41% )
3. Invest 2 lakh(40%) at 637 Rs... Your average will be 700...Target : 987( 41% )
4. Invest 1 lakh20%)at 460 Rs ( In SBI life chart history we noticed that this counter can fall maximum 53% so this is the last level of SBI from here but we cannot see this level because we are positive for INDIA )
You will never fail with this method. Be Invested
ALICON - 2.5 Years Consolidation Breakout / All Time HighAlicon Castalloy Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (August, 2021). Now It has given a Huge Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be around the price (1400 - 24.85% from the price 1121.10). Also It may perform well in the long term.
5) Recommendation - Strong Buy
Monopoly Courier Stock given Breakout,Which has 54% Market ShareHello Everyone, I hope you all will be doing good in your Trading and life as well. I have brought another good stock, which has given breakout with good volume on weekly timeframe, Company is industry leader in their segment, Co. is a market leader in organized air express with a market share of 54% in FY21 v/s 45% in FY15. Co. is on 4th market position in Organized Ground Express with a market share of ~17%. Company name is Blue Dart Express Limited , incorporated in 1983, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company.
STOCK HAS GIVEN BREAKOUT OF BULLISH TRIANGLE PATTERN
STOCK IS ABOVE 200-DEMA LINE
MACD IS GIVING BULLISH CROSSOVER
RSI ALSO INDICATING BULLISH CROSSOVER IN STOCK (I HAVE NOT PLACED RSI ON CHART, JUST DID MY ANALYSIS)
THINK FOR LONG TERM, STOCK IS GOOD TO DO SIP IN LONG TERM..
STOCK IS GIVING BEST ENTRY TO ENTER AND HOLD FOR LONG TERM.
Market Cap
₹ 17,081 Cr.
Current Price
₹ 7,198
High / Low
₹ 7,650 / 5,487
Stock P/E
56.7
Book Value
₹ 576
Dividend Yield
0.42 %
ROCE
19.9 %
ROE
23.6 %
Face Value
₹ 10.0
Industry PE
56.7
Debt
₹ 1,073 Cr.
EPS
₹ 127
Promoter holding
75.0 %
Intrinsic Value
₹ 1,255
Pledged percentage
0.00 %
EVEBITDA
19.9
Change in Prom Hold
0.00 %
Profit Var 5Yrs
27.3 %
Sales growth 5Years
10.7 %
Return over 5years
19.1 %
Debt to equity
0.78
Net profit
₹ 301 Cr.
ROE 5Yr
29.6 %
Profit growth
-16.0 %
PROS:-
Company has delivered good profit growth of 27.3% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
Company has been maintaining a healthy dividend payout of 25.4%
CONS:-
Stock is trading at 12.5 times its book value
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Brake Linings, Disk Pads, Clutch Facings, Stocks given BreakoutHello everyone, i hope you all will be doing good in your trading and your life as well. I have brought another monopoly stock which has highest market share in brake lining, disk pads, clutch facing, this company works also for Railway Brake Blocks. Stock name is Rane Brake Lining (RBL) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. RBL manufactures friction material products such as Brake linings, Disc pads, Clutch facings, Clutch buttons, Brake Shoes, and Railway brake blocks.
RSI AND MACD IS SHOWING BULLISH CROSSOVER
STOCK HAS TAKEN SUPPORT OF LONG TERM SUPPORT LINE SINCE IT MADE FIRST LOW AFTER DEBUTING IN MARKET.
BREAKOUT GOT SUPPORTED BY GOOD VOLUMENT INCREAMENT ON DAILY, WEEKLY AND MONTHLY CHART.
Market Cap
₹ 775 Cr.
Current Price
₹ 1,003
High / Low
₹ 1,093 / 643
Stock P/E
18.8
Book Value
₹ 364
Dividend Yield
2.49 %
ROCE
20.5 %
ROE
15.2 %
Face Value
₹ 10.0
Industry PE
33.1
Debt
₹ 0.63 Cr.
EPS
₹ 52.1
Promoter holding
70.9 %
Intrinsic Value
₹ 830
Pledged percentage
0.00 %
EVEBITDA
9.95
Change in Prom Hold
0.00 %
Profit Var 5Yrs
2.02 %
Sales growth 5Years
5.16 %
Return over 5years
12.0 %
Debt to equity
0.00
Net profit
₹ 40.3 Cr.
ROE 5Yr
13.8 %
Profit growth
23.1 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
India's 4th largest pharma company has given breakout..Hello Guy's i hope you all will be doing good in your life and your trading as well. I have brought another stock which has given breakout of small rectangle pattern on daily timeframe. Company has good management with proven profits making record, it is 4th Consumer Healthcare brands Market ranked #1 in their categories. Mankind is present in several acute and chronic therapeutic areas in India, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients, and respiratory.
If i talk about technicals, stock has given small Rectangle pattern breakout and stock has came down to retest the levels.
Indicators like MACD and RSI start giving bullish crossover,
Price is above 200-DEMA. All is indicating bullish reversal in stock.
There is higher chances we can see good bullish momentum in near term. Stock is good for investment like short term to medium term. And one more thing, if anybody wants to consider this stock as long term, then it is absolutely good for that, even i will suggest to do SIP in this.
Market Cap
₹ 92,165 Cr.
Current Price
₹ 2,301
High / Low
₹ 2,375 / 1,241
Stock P/E
55.8
Book Value
₹ 216
Dividend Yield
0.00 %
ROCE
20.7 %
ROE
17.0 %
Face Value
₹ 1.00
Industry PE
32.8
Debt
₹ 9.74 Cr.
EPS
₹ 41.2
Promoter holding
76.5 %
Intrinsic Value
₹ 851
Pledged percentage
0.00 %
EVEBITDA
38.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
11.9 %
Sales growth 5Years
15.7 %
Return over 5years
%
Debt to equity
0.00
Net profit
₹ 1,650 Cr.
ROE 5Yr
21.6 %
Profit growth
39.3 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
PB FINTECH - POLICYBAZAARPB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products.
Overall business: Revenue grew 2.4x in 2 years
Consolidated Revenue grew 43% YoY to ₹871 Cr
Core Online Revenue grew 39% YoY to ₹593 Cr
Lending Disbursal is at an ARR of ₹14,321 Cr
Credit cards issued at an ARR of 5.6 Lacs
PAT improved by ₹482 Cr YoY to ₹4 Cr (YTD)
Cash position improved by ₹204 Cr YoY to ₹5,150 Cr
34% of incremental revenue translated to EBITDA
Adjusted EBITDA consistently growing over ₹ 50Cr per quarter YoY
India continues to have one of the widest protection gaps
66% of Health expenditure is Out-of-Pocket: Big opportunity for Health insurance
Only 3% Life Coverage: Big opportunity for Term Insurance
The future is in Tier 2 & 3 cities