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Psusector

Daily flag breakout in Powerful PSU stockA Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:POWERGRID MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NSE:POWERGRIDLong
by raigvivek
I'm sure this Railway stock can be best stock for your PortfolioHello Guy's, i hope you all will be doing good in your life and in your Trading as well. Today i have brought stock from one of the top performing sector in recent time, which is Railways. All Railways stocks like RVNL/IRFC/IRCTC etc, has given multibagger returns in just very short of time, but if i talk about RITES, still has not participated much in recent Rallies. So i am expecting an ongoing momentum can be continue in this stock in coming day's. Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 80.8%. All this parameters are positive for this PSU stock. Price is above 200-DEMA Stock is forming Higher highs and Higher lows Pattern on daily timeframe Stock has given breakout of earlier Highs and sitting at all time highs Highest Volumes seen on daily timeframes, which is 30.504 Million, this is huge since inception. About Company:- Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). KEY POINTS:- Services The major business engagements of the company are consultants, engineers, and project managers in railways, highways, airports, ports, ropeways, urban transport, and inland waterways in India and abroad. The company also provides services of third-party inspection, quality assurance, construction supervision & project management, operations & maintenance, leasing, export of rolling stock and modernization of railway workshop projects, doubling, and electrification on a turnkey basis. Revenue Split Consultancy Services: 41% in FY22 vs 55% in FY21 vs 68% in FY18 Leasing: 5% in FY22 vs 6% in FY21 vs 6% in FY18 Turnkey Projects: 6% in FY22 vs 33% in FY21 vs 10% in FY18 Export Sale: 36.28% in FY22 vs 5% in FY21 vs 15% in FY18 Power Generation: 0.8% in FY22 vs 1% in FY21 vs 1% in FY18. Geographical Split The company has undertaken projects in over 55 countries across Asia, Africa, Latin America, South America, and the Middle East region. India (domestic): 90% in FY21 vs 79% in FY18 Africa (exports): 7% in FY21 vs 6% in FY18 Asia (exports): 3% in FY21 vs 15% in FY18. Clientele IIM-Rohtak, JNU, Delhi University, Central University of Karnataka, AIIMS, BPCL, SAIL, NTPC, SCCL, CONCOR, Visakhapatnam Port Trust (VPT), Paradip Port Trust (PPT), Subarnarekha Port, Tata Steel, L&T, GMR, Dilip Buildcon among others. Order Book The company had a total order book worth 6435 crores as of September 2021. Turnkey order book does not include approx 4000 crores of new Railway Line projects secured in Q2FY22. The contributions of the business segments to the order book (Q2FY22): Consultancy: 39% Turnkey Solutions: 43% Lease: 2% Exports: 15% Market Cap ₹ 16,455 Cr. Current Price ₹ 685 High / Low ₹ 694 / 311 Stock P/E 34.2 Book Value ₹ 107 Dividend Yield 2.99 % ROCE 29.7 % ROE 21.3 % Face Value ₹ 10.0 Industry PE 40.5 Debt ₹ 4.79 Cr. EPS ₹ 20.0 Promoter holding 72.2 % Intrinsic Value ₹ 494 Pledged percentage 0.00 % EVEBITDA 17.0 Change in Prom Hold 0.00 % Profit Var 5Yrs 9.60 % Sales growth 5Years 11.9 % Return over 5years 29.6 % Debt to equity 0.00 Net profit ₹ 516 Cr. ROE 5Yr 20.8 % Profit growth -11.8 % 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.
NSE:RITESLong
by TraderRahulPal
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