REVATHI EQUIPMENT Market Cap 346 Cr.
Face Value 10
Intrinsic Value 613
Piotroski score 8
Debt to equity 0.15
Promoter holding 72.6 %
Stock P/E 16.6
Industry PE 44.3
ROCE 10.6 %
ROCE3yr avg 9.18 %
ROE 6.66 %
ROCE3yr avg 9.18 %
OPM 8.52 %
OPM 5Year 6.15 %
EBIDT growth 3Years 10.1 %
EPS YOY 68.7 / 41.4
REVATHI
Revathi Equipment Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since April 2017, NSE:REVATHI has given a breakout on 18th November 2022. Buy with a stop just below ₹975. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. TTM Sales growth is at 60%, TTM Profit growth is at 333%, quarterly sales growth is at 138% and quarterly profit growth is at 153%
2. Debt to equity at 0.15(less than 1 is good), Interest Coverage at 5.17(greater than 3 is good), Current Ratio at 1.81(greater than 1.5 is good), FCF to CFO at 82%
3. Debtor days have decreased from 144 to 81
4. FII stake increased from 0.00 to 0.03 in Sep'22
Weaknesses: -
1. The company has delivered a poor sales growth of -2.77% over past five years.
2. Company has a low return on equity of 5.37% over last 3 years
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Weekend pick -> Revathi EquipmentsChart -> Revathi Equipments Weekly
After forming rounding bottom, stock has given an all time high breakout with volume confirmation.
CMP: 1126
Target: 1300, 1580
Good to add: 960 to 1060
SL: 860 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.
REVATHIREVATHI:- Stock has given breakout after 6 years. keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Buy opportunity - RevathiPossible buy entry once the stock takes support at the demand zone and break out of trend line with proper price action.
REVATHI EQUIPMENT LIMITEDStock is a Techno Funda pick with a medium term holding period. The company operates in drilling rigs which are used extensively in mines such as coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, limestone, etc.
India is seeing an increase in mining activity after a deadlock of about 5 years.
A theses in play here is that, a company which servives a bad time is likely to do much better in good times. Stock has already catched up to multiyear highs and is looking strong.
Few key points in favour of this pick are High promoter holding, low MCAP, low Equity and a managable debt.
