Multi year Consolidation breakout seen in PTC indiaHello Guy's, i have brought another analysis on stock which has given a proper multi year breakout on chart. Let's analyse and will see if we can do anything from this stock..
Well guy's Now a days all government stock is making new highs due to Chandrayan limelight and some government recent events..This Ptc Stock has given a huge breakout on monthly timeframe. it has given breakout almost more than 12 years and volumes are supporting the breakout. A trade can be executed with small stop loss in it.
Important levels for PTC India
Buy in the range of 127-132
Keep stop loss at 116
Targets we can see in upside 150/169/213
Price is above 200 EMA
We have seen Proper Neat & Clean Multi year Breakout on Monthly timeframe.
with Good Volume
Price is sustaining above breakout trendline levels
MACD and RSI has given bullish crossover (I have not placed any of indicators which i have discussed above except Volume indicator as i want chart neat and clean but i have analysed all already)
Now focus on stock background
PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC)
Market Cap
₹ 3,876 Cr.
Current Price
₹ 131
High / Low
₹ 132 / 67.5
Stock P/E
8.46
Book Value
₹ 170
Dividend Yield
5.96 %
ROCE
9.82 %
ROE
9.15 %
Face Value
₹ 10.0
Debt
₹ 6,546 Cr.
EPS
₹ 15.5
PEG Ratio
0.38
Promoter holding
16.2 %
Intrinsic Value
₹ 165
Pledged percentage
0.00 %
EVEBITDA
6.19
PROS
Company has reduced debt.
Stock is trading at 0.77 times its book value
Stock is providing a good dividend yield of 5.96%.
Company has been maintaining a healthy dividend payout of 49.0%
Company's working capital requirements have reduced from 87.9 days to 63.2 days
CONS
The company has delivered a poor sales growth of 4.58% over past five years.
Promoter holding is low: 16.2%
Company has a low return on equity of 10.3% over last 3 years.
Company might be capitalizing the interest cost
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.
Longterminvesting
Falling Trendline Breakout & Double Bottom Pattern in VoltasHello Traders, i have brought another analysis on a pattern breakout which called (Falling Trendline Breakout & Double Bottom Pattern Breakout). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:-
Q:- What is Double Bottom?
Rahul:- It is a Bullish reversal pattern that appears after a defined downtrend and signifies a meaningful reversal on completion of the pattern. This Pattern is easy to spot on chart. It resembles with English letter "W". This pattern shows that sellers have lost the battle and the price is likely to go up from here on.
Now, a long entry could be taken once the price breaks the neckline o the upside, but guy's here we have not seen proper neckline breakout, But still momentum is bullish from here, so in the anticipation of neckline break, we have taken our best entry in the range of 880-850, and we have kept our stop loss at 778.
Guy's so this was the Double bottom pattern setup. So if you see this type of pattern in any stock you can trade now accordingly.
So now let's focus about company background.
Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry.
Market Cap
₹ 28,789 Cr.
Current Price
₹ 870
High / Low
₹ 994 / 737
Stock P/E
87.1
Book Value
₹ 165
Dividend Yield
0.49 %
ROCE
9.74 %
ROE
4.42 %
Face Value
₹ 1.00
Debt
₹ 651 Cr.
EPS
₹ 4.70
PEG Ratio
-5.52
Promoter holding
30.3 %
Intrinsic Value
₹ 126
Pledged percentage
0.00 %
EVEBITDA
42.8
Important levels for Voltas Ltd.
Buy in between 880-850.
Targets we can see 1047/1332/1460+
Keep Stop loss at 778
Price is above 200 EMA( Even we got Breakout of 200 EMA on friday session).
We have seen Proper Breakout of Falling Trendline Pattern and Double bottom also.
Price is sustaining above breakout trendline.
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
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.
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.
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.
Shipping Corporation of India - Multi Year Breakout Multi year breakouts are indication of long-term trend change in a stock. It signifies investors perception change about a stock. Generally it has been seen that after multi-year breakout stock rally more than twice or thrice from the current price.
The stock chart of Shipping corporation of India has been shared in this illustration. The stock is giving all time high breakout of around 170 after almost 15-years on daily, weekly and monthly time frame. The daily chart breakout has been confirmed but weekly and monthly chart breakout will come today and by end of this month respectively.
Disclaimer: The stock shared is only for educational purpose and does not involved any buying or selling recommendations.
Triangle Pattern Breakout Seen in IRCTC | It's Ready to take offHello Traders & Investor,
Guy's We have seen neat and clean Triangle Pattern breakout on Daily Chart, earlier Price was consolidating inside the Triangle Pattern since last 2 months and forming a perfect Triangle Pattern. Finally in yesterday session it have given breakout, now this is Ready to fly in blue sky.
Technically and Fundamentally this is Strong Company with Mini Ratna Tag (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. So this is monopoly business which runs by one of the best management owned by Govt of INDIA.
MACD has already given bullish crossover, 21-EMA already crossed above 50-EMA on chart, Price is above 200-EMA from last 9 trading session, So all these parameters showing bullishness in this catering stock. We have captured on very right time when it has given a breakout. Now if this goes for retest the levels, try to accumulate with given levels. And again this is again a portfolio stock, so think for long term. For trading perspective i have already written the levels.
About Company:-
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.
Business Divisions:-
a) Catering and hospitality
b) Internet ticketing
c) Packaged drinking water
d) State teertha
e) Tourism
Company manages catering and hospitality services at railway stations, on trains, and
other important locations and promotes
domestic travel and international tourism
through the development of budget hotels,
special tour packages, and e-ticketing services.
Rail Neer plants:-
With 8.03 crore+ users, IRCTC offers a one-stop solution for a comprehensive range of products and services related to travel and tourism. Company has 15 Rail Neer plants and 11 base kitchens. The company operates through 5 zonal offices, 10 regional offices, 1 corporate office, 1 internal ticketing office, and 1 tourism office. Company is setting up 5 more Rail Neer plants in Vijayawada, Vishakhapatnam, Bhusawal, Bhubaneswar, Kota, etc.
[b
Market Cap
₹ 56,588 Cr.
Current Price
₹ 707
High / Low
₹ 758 / 557
Stock P/E
52.4
Book Value
₹ 35.6
Dividend Yield
0.78 %
ROCE
59.2 %
ROE
45.4 %
Face Value
₹ 2.00
Debt
₹ 66.8 Cr.
EPS
₹ 13.3
PEG Ratio
1.50
Promoter holding
62.4 %
Intrinsic Value
₹ 337
Pledged percentage
0.00 %
EVEBITDA
36.0
Change in Prom Hold
0.00 %
Profit Var 5Yrs
34.9 %
Sales growth 5Years
19.3 %
Return over 5years
%
PROS:-
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 34.9% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 34.6%
Company has been maintaining a healthy dividend payout of 43.0%
Debtor days have improved from 158 to 118 days.
CONS:-
Stock is trading at 19.9 times its book value
Promoter holding has decreased over last 3 years: -25.0%
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.
Fed stays pat. Equities soar. India's Goldilocks periodIndia has managed to keep its public finance in control and focus on capex led growth. That has ensured that India managed to stay afloat during the storm and now that the storm has subsided, India is on its way to race at higher knots.
This video is an update on the latest global macro developments
DISNEY WDP on a Long term Support !Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Wedge
📌 Symbol/Asset: WDP DISNEY
🔍 Description: Stock is around long term support.
Stock might not come around the same level again .
Stock is also making falling wedge in a downside rally, so we can see huge momentum after falling wedge breakout !!
We can expect minimum 200-400% returns in coming years !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
WALCHAND NAGAR IND | Multi Year Triangle Breakout.NSE:WALCHANNAG
Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment engages in the engineering, fabrication, and manufacturing of machinery for sugar plants, cement plants, boilers and power plants, industrial and marine gears, mineral processing and EPC, petrochemicals, and space, defense, and nuclear power businesses.
Walchand Nagar Ind. Technical Analysis on weekly time frame:-
1. Price has rebound from the strong support zone after a breakdown has failed.
2. The Symmetrical triangle is been in formation for the last 3.2 years and the location on the symmetrical triangle is bullish as it has formed around the support zone, so we can say Its extrinsically is bullish in nature and intrinsically too.
3. The Price is been Trading above 200 SMA which is a Bullish sign.
4. The price is been in a range for over 1.5 Decades and is currently at lower range support.
Entry Aggrassiv can enter now and safe investors should wait for a retest of the triangle breakout zone it will add more confirmation to it.
Target levels and stop-loss is mentioned on the chart.
Walchand Nagar Ind. Fundamental Analysis Points:-
1. Company Turned into Net profit after many Years.
2. Revenue is increased and Long Term has been Reduced.
3. EPS is improving Marginally.
4. Although one concern is a reduction in assets.
The above information is for educational purposes only, Before acting on any investment idea please do your own analysis and follow proper risk to reward.
I Hope you found this helpful.
Please like and comment.
Keep Learning,
Happy Trading!
Q&A_ What is meant to never sell at a loss?Namaste!
You must have heard the words of great investor of all time.
Mr. Warren Buffett once said, “The first rule of an investment is don't lose . And the second rule of an investment is don't forget the first rule."
Losing money means, in simple terms means, selling at a loss . People get fearful and sell when the stock starts falling. There can be unlimited reasons for this happening, we will never going to find it out. What we can do, is just two things:
Buy and Sell .
As long as our sell price is greater than our buy price, we're not losing: that's our purpose here . It is a very key thing and hard to implement though.
I often wonder why the retail people don't sell, when the stock get's them 3 times profit of their buy price. This is also the case with institutions. They don't sell, when the stock gave them 3 times, but they do, when the stock has been came down up to their buying price , and they get happy thinking, that at least I have saved my capital from eroding further. NO brother, you lost opportunity cost. As soon as you sell, some of the great minds and investor buy from you (including WB). It is very very simple logic, but people make it difficult. If you can somehow counter this, a gate to investing success will open.
Anyways, look at the stock Tata Steel. Many could have bought it and sold it at a loss, between a very long period of consolidation (i.e. 13 years).
Okay, let's assume, you could have bought the stock at around Rs 516 (which is an average of swing highs and lows). Buying at a high is another a very big mistake, but I will explain it any other time.
You would be getting a return of (132% price appreciation + 3% dividend yield for 13 years = Total 171% return). That's around 13% annual average returns.
Did you lose money?
A: Of course, who sold it at a loss, loosed money. But the people who held it for these years, have made 171% return at minimum. Congratulations, you beat the market.
I know some people will say me that, why did you chose Tata Steel, why not Rpower, Unitech, Rcom, etc.
Well, I couldn't have placed all eggs in one basket. Sure some of the stocks in my portfolio will get negative returns, and even become zero. But, I am 100% sure, than there will many companies in my portfolio, which will be compensating them, and eventually make me money.
Important: "Portfolio diversification isn't important to maximize gains, but to reduce risks" . Sure, you can add some risky stocks (like small and micro-cap) to increase your returns, but primary objective here is to reduce risks. But don't overdo it i.e. more than 2-3 companies in a portfolio of 10 companies.
And, I have a method which, doesn't allow me to add more of any stock, if it is continuously falling.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and may/will add more if I get another opportunity.
Better Days has come for Nykaa, long term Growth story started!!Hello Traders & Investor,
Better day's has come for Nykaa, Earlier stock was in highly downtrend it was making lower lows and lower highs pattern but now there is no more lower lows on chart and it has given a wedge pattern breakout in yesterday session. Now this stock is ready to fly in blue sky. This is definitely giving a best enty for short term as well as long term. FSN E-commerce Ventures Ltd. (FSNEV) popularly known as "Nykaa" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it.
Price is above 200-EMA and MACD is already given bullish crossover on chart. this is a clear indication that buyers are taking control on it.
KEY POINTS
Leading Digital Company:-
Nykaa is the largest specialty beauty and personal care platform in India in terms of value of products sold in FY21 and one of the fastest growing fashion platforms in India based on growth in GMV. It has the highest average order value (AOV) among leading online beauty and personal care platforms in India.
Business segments:-
A) Nykaa - Beauty and Personal care (90% of the revenue) The company offers 2,96,122 SKUs from 3,118 global and domestic brands primarily across make-up, skincare, haircare, bath and body, fragrance, grooming appliances, personal care, and health and wellness categories online beauty and personal care platforms in India.
Apart from the tie-ups with several suppliers, the company also has its own brands such as “Nykaa Cosmetics” , “Nykaa Naturals” and “Kay Beauty”.
** Business Model:-** The segment operates based on the ‘’ Inventory led model’’ where the company procures products in bulk and stores them at their warehouse and sells them upon receiving orders from its customers.
B) Nykaa Fashion:- Apparel and Accessories (9% of the revenue)**
The segment was only launched in 2018 and now it has 1,553 brands and more than 4.3 million SKUs with fashion products across five divisions: women, men, kids, tech and home.
**Business Model:-** This segment has different operating models such as sale or return (SOR), marketplace and just-in-time (JIT) inventory model.
Diverse Portfolio of Owned Brands:-
The Co. has a portfolio of 15 owned brands. During FY22, the Co. introduced five additional owned brands namely- Dot & Key, Nykaa SkinRx, Pipa Bella, Gajra Gang, and IYKYK.
Acquisitions:-
During FY22, the company’s wholly owned subsidiary ‘Nykaa Fashion Private Limited’ acquired the brand ‘KICA’ for a consideration of up to Rs. 45.1 million.
In April 2022, the Co. acquired 18.5% stake in Earth Rhythm Private Limited and 60% stake in Nudge Wellness Private Limited.
Market Cap
₹ 47,854 Cr.
Current Price
₹ 168
High / Low
₹ 192 / 114
Stock P/E
2,440
Book Value
₹ 4.88
Dividend Yield
0.00 %
ROCE
5.52 %
ROE
1.42 %
Face Value
₹ 1.00
Debt
₹ 966 Cr.
EPS
₹ 0.07
PEG Ratio
115
Promoter holding
52.3 %
Intrinsic Value
₹ 5.26
Pledged percentage
0.00 %
EVEBITDA
146
Change in Prom Hold
-0.02 %
Profit Var 5Yrs
21.2 %
Sales growth 5Years
55.0 %
Return over 5years
%
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.
Tata Elxsi has told bye bye to accumulation zone | It will fly!!Hello Traders & Investors,
First of all Thankyou all of you guy's, now we are a family of 4k+ Traders & Investors. Thankyou for supporting and motivating me in the form of liking and following me.
Now i have brought another stock name of Tata elxsi. It also has given breakout and after breakout it has retested the levels and now it is ready to fly in blue sky..
Now a day's all Tata Group stocks in limelight due to New IPO coming from TATA Group after 17 years, that is why some of the Tata group stocks are making new highs and giving breakouts. In Tata Elxsi we have seen there was a consolidation period for almost a year, and now it has given breakout, so there is higher chances, we can see this stock towards another previous swing highs, and this can convert in higher highs and higher lows formation. Technically and Fundamentally this is one of the gem stock, this has really futuristic business model with good and reputed management.
Price is above 200-EMA, MACD also has given bullish crossover, i did not plot 21 and 50 EMA, but 21 EMA has given crossover of 50-EMA, these all are indicating a bullish momentum towards previous highs and definitely sooner or later, we will see this towards new highs.
About company:-
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide.
Market Cap
₹ 51,731 Cr.
Current Price
₹ 8,307
High / Low
₹ 8,576 / 5,708
Stock P/E
65.9
Book Value
₹ 337
Dividend Yield
0.73 %
ROCE
47.7 %
ROE
41.1 %
Face Value
₹ 10.0
Debt
₹ 237 Cr.
EPS
₹ 126
PEG Ratio
2.56
Promoter holding
43.9 %
Intrinsic Value
₹ 2,315
Pledged percentage
0.00 %
EVEBITDA
45.8
Change in Prom Hold
0.00 %
Profit Var 5Yrs
25.7 %
Sales growth 5Years
17.8 %
Return over 5years
53.2 %
PROS:-
Company has delivered good profit growth of 25.7% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 36.8%
Company has been maintaining a healthy dividend payout of 59.8%
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.
Giant Stock TCS has given a Breakout (Invest and forget)Hello Traders and investors.
I have brought an analysis on TCS ltd, it has given a breakout of kind of triangle pattern, And after breakout it has come to retest the levels, now it is showing pull back pattern, in between it has given a breakout of upper band of trendline and Price is sustaining above to that trendline, Seems Tcs is ready to fly in blue sky. This is kind of invest and forget type of stock for long term. Tcs is really giving a best entry now to go for long term as well as short term from here. Well this is a Giant, this can definitely play a important role to take nifty towards 21k in short term.
Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.
Market Cap
₹ 13,18,941 Cr.
Current Price
₹ 3,606
High / Low
₹ 3,619 / 2,926
Stock P/E
30.2
Book Value
₹ 247
Dividend Yield
1.33 %
ROCE
59.1 %
ROE
46.9 %
Face Value
₹ 1.00
Debt
₹ 7,688 Cr.
EPS
₹ 120
PEG Ratio
2.89
Promoter holding
72.3 %
Intrinsic Value
₹ 2,191
Pledged percentage
0.48 %
EVEBITDA
20.3
PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
Company has been maintaining a healthy dividend payout of 61.4%
Company's working capital requirements have reduced from 43.6 days to 32.8 days
CONS
Stock is trading at 14.6 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
DMART LONG Dmart in sip and long term accumulation zone.
HOLDING PERIOD- 1-2 YEAR FOR BIG GAINS.
FEW CHECKPOINT -:
1. monthly and weekly rsi not in overbought zone.
2. price above 200 ma
3. similar chart pattern repeating again and its 3rd time.
4. Good fundamental with good results just taking a correction and soon will be ready for long run and newer highs.
5. june quarter sales increased compared to PY june quarters result and if compared previous quarter results are good .
Testing patience of long term investors and without pain there will no big gains.
JUST BUY ON EVERY DIP AND HOLD FOR BIG MOVE AND BIG GAIN.
UPL: Techno Fundamental AnalysisSomehow I have seen when there is an issue with monsoon (below par) this stock keeps on popping up in my radar. Reason: It's a AgroChem company (phosphate fertilizer producer #1).
I saw some analysts also giving Buy call in this. So before putting long term bet, was looking at the Funda-Techno Analysis of NSE:UPL
Here are my thoughts:
Fundamental :
DVM (Durability-Valuation-Momentum) score: 60-60-38 (Financially strong, valuationwise comfortable, technically neutral)
Consensus price trg from analysts: 760 (28% upside) in 1 yr
The consensus recommendation from 24 analysts for UPL Ltd. is BUY:
(11 Strong Buy, 6 Buy, 6 Hold, 1 Sell)
EPS is expected to grow by 6.4% in FY24
EBIT is expected to grow by 7.1% in FY24
Dividend per share is expected to grow by 6.4% in FY24
Capital expenditure is expected to grow by 60.7% in FY24
Technical :
In Monthly chart: It's actually in the golden zone of Fib series.
See the RSI descending triangle .
The current level is a good support area.
However best way is to do is a SIP where one can accumulate over a period from 600-500 area for an upside of upto 760/780.
SIP levels are shown in the chart:
Huge Breakout Seen in Jubilant Foodworks Ltd || Now it will fly.Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments. The Company also launched its first homegrown brand – Hong’s Kitchen in Chinese cuisine segment.
Market Cap
₹ 34,124 Cr.
Current Price
₹ 517
High / Low
₹ 652 / 412
Stock P/E
127
Book Value
₹ 30.9
Dividend Yield
0.23 %
ROCE
16.0 %
ROE
17.7 %
Face Value
₹ 2.00
Debt
₹ 2,554 Cr.
EPS
₹ 4.08
PEG Ratio
10.3
Promoter holding
41.9 %
Intrinsic Value
₹ 93.4
Pledged percentage
0.63 %
EVEBITDA
32.6
Jubilant Food works Ltd stock was in Accumulation zone since Mid of January. Earlier we have seen stock has corrected almost 50%. But now it has given a indication that it is ready to fly in blue sky. Now sky is the only limit for this. Off course there is many hurdles in between but as this is kind of investment stock then you should not worry about. All parameters looks promising for this ticker.
Some Positive Technical Factor about this Ticker:-
Price is above 200 EMA
We have seen Accumulation zone breakout
Good Volume
Price is sustaining above breakout trendline
MACD and RSI has given bullish crossover (I have not placed as i want chart neat and clean but i have analysed already)
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.