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"Can we Buy 230 PE and hold for two weeks"The Energy sector is weakening. Further news of Imports which may hit the bottom line. Already the picture is bleak as the average Asian gasoline profit margin this year as of Sept was $4.12 a barrel, down nearly 45% of its value when compared to the same period in 2018. Trade Execution : The 230 PE for Sep 26 expiry is trading at 1.60 odd & Cash Price is at 260. The potential 5 Times is there if the cash price reaches around 230. Potential Trade of the Month for me. Risk no more than what you can afford to loose. HARIBOL Disclaimer - This is not an advise for you to trade but a journal for my use/record of the trades that i am taking.
NSE:HINDPETROShort
by VahniTrading
3
Full report - Aegis good long term Stock - 4x Potential CMP 305 Buy range 275-245-225 Plz dont forget to Like & Share For more info - Plz visit my profile Regards, Naresh G Sebi Reg. RA About the Company Its India’s leading integrated Oil, Gas & Chemical Logistics company and one of India’s top Importers and Handlers of LPG amongst private players. The company operates through its state-of-the-art Necklace of Liquid & Gas terminals across major ports of India having a storage capacity of 15,70,000 KL for Chemicals & POL and 1,14,000 MT of static capacity for LPG. Group was founded in 1956 and is headquartered in Mumbai. It is a publicly traded company listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As a dominant parallel marketer of Liquefied Petroleum Gas (LPG), It has a robust presence in India. The company has a strong spread of Autogas dispensing Retail Outlets along with a wide network of distributors who sell LPG Cylinders and Appliances to Domestic, Commercial, and Industrial customers. It also provides LPG Installation and Interfuel services that maximize the efficiency and cost benefits of LPG to large industries looking to transition from other fuels to LPG. Company's LPG is known and respected for its commitment to quality, reliability, safety and assured supplies at all times. About Royal Vopak - Dutchlands Royal Vopak is the world’s leading independent tank storage company. We store vital products with care. With over 400 years of history and a focus on sustainability, we ensure safe, clean and efficient storage and handling of bulk liquid products and gases for our customers. By doing so, we enable the delivery of products that are vital to our economy and daily lives, ranging from chemicals, oils, gases and LNG to biofuels and vegoils. We are developing key infrastructure solutions for the world’s changing energy and feedstock systems, while simultaneously investing in digitalization and innovation. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. Indian partnership Aegis Vopak Terminals successfully completed -JV with Vopak (51% owned by Aegis) Mumbai, India / Rotterdam, the Netherlands, 25 May 2022 Aegis Vopak Terminals will become the largest independent tank storage company for LPG and chemicals in India. LPG is earmarked by the Indian government to provide cleaner and safer cooking fuels for households. Since the announcement in July 2021, 3 additional terminals with an additional capacity of 490 thousand cbm are being included in the partnership. The partnership operates a network of 11 terminals that are located in five strategic ports along the east and west coast of India with a total capacity of approximately 1.5 million cbm. The joint venture is well positioned for further growth, which targets mainly LPG but also chemicals, LNG and industrial terminal opportunities. Vopak financials Vopak’s net consideration stands @ EUR 137 million. Normal Purchase Price Allocation (PPA) accounting will apply, including recognition of goodwill as part of the carrying amount of the joint venture and associate. Globally the industry is moving from high emission traditional fuels to highly efficient green and clean fuels like LPG. LPG is the best and cheaper fuel compared to petrol and electricity. LPG for Home Aegis Chhota Cikander is your partner for all your domestic LPG needs. offering a domestic range of 2kg, 4kg, 12kg and 15kg cylinders to suit all your cooking requirements. Get a new LPG connection with Chhota Cikander quick and hassle-free. The process involves minimal paperwork and on-time delivery, so you can focus on perfecting those great recipes you’ve been working on! 2 Kg CHHOTA CIKANDER CYLINDER AND COOKTOP 4 Kg CHHOTA CIKANDER CYLINDER AND COOKTOP 12 Kg & 15 Kg CHOTTA CIKANDER LPG HOSE PIPE AND 12 Kg REGULATOR State of the art LPG products from Aegis has been conceptualised and designed keeping customers in mind, Consumer insights are taken from users through various touch points to make products user friendly and efficient. Aegis products are designed to meet best standards in terms of safety and quality for complete peace of mind for its Customers. LPG for Hotels LPG is an Efficient, Versatile Energy Source for Hotels and Restaurants. Most chefs make no secret of the fact that they prefer cooking with Aegis gas because of its distinct advantages over other fuels. The instant heat, controllable flame and clean burning qualities are far superior. Your customers will appreciate the great food taste too. With Aegis Puregas efficient and hassle-free services, Your partnership with us is bound to make your Business grow. 15 Kg, 17 Kg & 21 Kg CYLINDERS 33 Kg VOT(Vapour offtake) Gas Logistics Aegis Group is a major player in sourcing and distribution of Liquefied Petroleum gases (LPG and propane) in India. The services offered include complete supply chain management from product planning, sourcing, and shipping, through to receipt, storage, and despatch. These services are provided using our terminals at Ports of Mumbai, Pipavav and Haldia and efficient sourcing through our Singapore based trading JV with Itochu Corp. of Japan. With this infrastructure and expertise, Aegis handles more than 3 million MTs of LPG per annum. Under this business segment, the customers are mainly the Public Sector Oil Companies like HPCL, IOCL & BPCL. Aegis Group also caters to a wide range of LPG consuming Industry sectors like steel, automobile, petrochemicals etc. Some of customers include Godrej, Arcelor Mittal, Piaggio Vehicles, Brahmaputra Crackers & Polymers Ltd., FIAT, Jindal Steel etc LPG Trading Under this segment, we supply LPG, Propane and Butane in sectors such as Steel, Automotive, Ceramics, Glass, Pharmaceuticals, Aerosol, Paper & Textile. We have expertise and experience in providing an efficient & economical energy solution to industries for their various applications which include cost effective turnkey solutions on BOOM/BOOT basis for conversions from other fuels/energy sources and for Customers building new LPG/Propane storage and usage installations. LPG for Industries LPG is a highly efficient energy source which is not only safe, but also saves on fuel & maintenance costs. Aegis offers all our customers a wide range of solutions, ensuring they benefit from our expert knowledge on LPG products & services. Industrial Applications of LPG Aluminium Melting Aluminium Heat Treatment Case Hardening Powder Coating Roto Moulding Endo Gas Generation Hot Dip Galvanizing Seed Drying 33 Kg VOT 33 Kg LOT(liquid offtake) 425 Kg - MAGNA BULK LPG SUPPLIES FOR INDUSTRIAL APPLICATIONS LPG Installation Majority of the Industrial customers rely on Aegis Puregas as their trusted partners for LPG supplies. Aegis not only imports and supplies reliable & pure LPG, but also has an expertise in designing, constructing and maintaining the manifold systems, underground and mounded storage tanks for industrial applications. We initiate and enable the LPG installation on Build-Own-Operate-Maintain (BOOM) basis, thus providing a hassle-free end to end fuel management to our customers. Aegis has its own in-house team and approved vendors to give round the clock servicing to its valued clients. Interfuel Conversions Globally the industry is moving from high emission traditional fuels to highly efficient green and clean fuels like LPG. LPG is the best and cheaper fuel compared to petrol and electricity. Highly experienced Team will helps to choose the right combustion system, appropriate controls and equipment, right certified vendor and assist you with the process of conversion. Provides product handling services at our various terminal across India for LPG. These services are mainly provided to the Public Sector Oil Companies viz. Hindustan Petroleum, Indian Oil & Bharat Petroleum as they are the major importers of LPG into India. Our terminals are located at Pipavav, Mumbai, Haldia & Kandla.With this, Aegis is the only terminal operator in the Private Sector to have LPG import terminals at four locations in India. Through these terminals, Aegis has gained expertise in despatching the product through all the possible modes of transport i.e. Road, Rail and Pipeline which is again a rare feat in the LPG market in India. Our strength lies in timely and safe receipt and despatch of our customer's product which is paramount in case of such a sensitive product. We are also capable of providing storage services for other similar gases like Butene-1, Butadiene, Propylene, VCM etc. Some of the customers who avail these services include Brahmaputra Crackers & Polymers Ltd., ONGC, Petro Additions Ltd, Reliance etc. Aegis Autogas has partnered with Nayara Energy Ltd. (formerly known as Essar Oil Ltd.) to set up facilities for MS/HSD (Petrol & High Speed Diesel) , as well as partner with existing and new customers in the retail market. This partnership gives an edge in the industry and empowers the expansion of footprint throughout the country. Nayara Energy is a fully integrated oil and gas company with a strong presence in India as well as globally. Aegis Autogas is a world-class Auto-LPG provider that has been delivering high quality LPG to customers in 10+ major states of India since 2005. The company has its own in-house dedicated team of experienced maintenance engineers who ensure safe operations and maintenance of all gas stations on a real time basis. Aegis Group owns and operates a network of shore based tank farm installations for handling of bulk liquids for Petroleum, Oil, Petrochemical, Chemical and Vegetable Oil Industry. These terminals are located in Port of Kandla, Pipavav, Mumbai, Mangalore, Kochi, and Haldia. The Group is a pioneer in handling of hazardous chemicals, petroleum products, and petrochemicals with excellent track record of safe operations. Necklace of Terminals HALDIA GAS TERMINAL (WEST BENGAL) Recently commissioned in 2017 Catering to NOCs viz. HPCL and BPCL for handling LPG Total Storage Capacity : 2 x 12,500 MT Cryogenic storage Connected to the HOJ-1 and HOJ-2 at the Port Dispatch through Road Tanker. The terminal will be connected to the LPG Rail Loading facility and barge jetty for Inland waterways movement, which are being planned by the Port Connected via pipeline to Aegis bottling plant with 24-head Carousel and a capacity of 10,000 MT per Month, catering to the LPG Industry Itochu Corp. Vopak have shareholding of ~25% & ~24% respectively in this terminal. KANDLA GAS TERMINAL (GUJARAT) Presently under construction with a view of catering to Oil Marketing companies The LPG terminal is located at Deendayal Port, in close proximity of Indian Oil LPG import terminal Total Storage Capacity : 2 x 24,000 MT Connected to present LPG jetty OJ-1 and shall also be connected to the upcoming VLGC jetty OJ-7 The integrated terminal is encompassed within ~30 Acres area This terminal is part of Aegis Vopak Terminals Ltd. The facility was successfully commissioned in early 2022. PIPAVAV GAS TERMINAL (GUJARAT) This terminal came into Aegis fold as part of takeover of Shells LPG Business in India in 2010 Providing service to NOCs viz. HPCL, IOCL & BPCL for storing LPG and to RIL, OPAL & BCPL for handling Butene-1 Total Storage Capacity : ~20,000 TMT 12 Pressurized Horton spheres. Connected to the Liquid jetty of GPPL, a Port operated by APM Group. Dispatch through Road Tanker and Round-the-clock LPG Rail loading facility available for Industry usage Identified as one of the source locations of LPG for the upcoming Central India Pipeline for LPG movement This terminal is part of Aegis Vopak Terminals Ltd. The facility came into Aegis fold as part of takeover of Shell's LPG Business in India in 2010 KOCHI LIQUID TERMINAL (KERALA) Terminal classified for handling Class A, B, and C products Terminal capacity is 51,000KL comprising of 20 tanks which include Mild Steel and Internal Floating Roof (IFR) tanks Ethanol blending system High Capacity Export Pumps 12 tank lorry filling bays One electronic weighbridge with maximum capacity of 40 MT Jetty Pipelines 2x12” diameter and 1x10” diameter Mild Steel(MS) Connected to Q4 berth of Cochin Port Trust MUMBAI GAS TERMINAL (MAHARASHTRA) Operational since 1997. Providing service to NOCs viz. HPCL, IOCL & BPCL and Private players viz. Reliance, Total Oil, SHV etc. Total Storage Capacity : 2 x 10,500 MT Cryogenic storage. Connected to First Chemical Berth and VLGC compliant Second Chemical Berth. Capable of handling Segregated Propane and Butane with the requisite blender facilities. Dispatch through Road Tanker and Pipeline. Connected to Mumbai-Uran-Chakan Industry Pipeline. Connected to RIL's Nagothane plant via a 72-km sub-sea pipeline. MANGALORE LIQUID TERMINAL (KARNATAKA) Terminal classified for handling Class A, B, and C products Terminal capacity is 75,800 KL comprising of 5 tanks which include Mild Steel and Internal Floating Roof (IFR) tanks High Capacity Export Pumps 4 tank lorry filling bays One electronic weighbridge with maximum capacity of 60 MT Jetty Pipelines 3x12” Mild Steel(MS) pipelines Connected to Berth no 12 of New Mangalore Port Trust Liquid logistics (33% of FY22 EBITDA): AGL provides import, export, logistics, and storage services for all types of liquid chemicals, petroleum products, and vegetable oils. The company has terminals in six ports (Mumbai, Kandla, Pipavav, Mangalore, Haldia, Kochi) with total operational capacity of 729,000 KL LPG Segment (67% of FY22 EBITDA) : The company has a presence across the entire value chain starting from sourcing (through JV with Itochu ), terminalling, to finally distribute LPG to both industrial and retail clients. Total LPG static capacity is 112'000 MT with annual throughput of 9'600'000 MT. Gas sourcing remains a major contributor of revenues, but profit margins are small as the company earns only a fixed sum for its service. LPG sourcing JV with Itochu: AGL has a joint venture with Itochu Corporation, a Japanese multinational, for LPG gas sourcing where Itochu helps Aegis source LPG at a cheaper price. Currently, Aegis has a 15.5% market share in LPG imports in India which they plan to take to 25% in the next few years. LPG Retailing: Company operates its LPG retailing business through 135 Autogas stations in 10 states with a plan to expand to 200 stations in 20 states and has a network of 262 LPG distributors across 100 cities in 14 states. Aegis also operates 37 LPG bottling plants through their supply to both commercial and domestic LPG markets. LPG retailing is the highest profit margin segment Marine Division Co. launched its Marine Products Division in January 2012, to provide quality bunker fuels to ships calling at Indian ports, and its Customer Value Proposition is to service the fuel requirements of ships and it manages the division through its wholly-owned subsidiary Aegis International Marine Services Pte. Limited
ALong
by NareshG_SEBI_REGISTERED_RA
3
Continuation Pattern Breakout seen in Crude oil Marketing stockHello everyone, i have brought a stock which has given a neat and clean Ascending triangle pattern Breakout with good volume spike stock name is HPCL, before to jump into stock i want to teach you guy's about this pattern so if you see from next time onwards, you can play this. Q:- What is Ascending Triangle Pattern? Ans by Rahul:- It is a bullish continuation pattern that occurs in an uptrend and signals that the price of the stock will continue to trend higher on completion of the pattern. This pattern shows that buyers are getting very aggresive and are likely to take prices higher once the price breaks through the pattern. Q:- How to Trade this Ascending Triangle Pattern? Ans by Rahul:- First of all you have to wait with patience to see a perfect breakout on chart with good volume spike. Then you have to take entry once breakout confirmed, and the potential target for the pattern is normally calculated by projecting the height of the Ascending triangle at it's thickest point above the breakout point and stop loss will be placed at the swing low which occurs just before the price breaks the resistance on the upside as shown in HPCL chart above. This will give us favorable risk to reward ratio. So, I hope you now know about this pattern (Ascending Pattern). If you really learned something, don't forget to like this idea, because it will increase my confidence level to provide you guys with this type of learning content as always. Let's focus on Company Now:- Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. Market Cap ₹ 84,175 Cr. Current Price ₹ 396 High / Low ₹ 402 / 159 Stock P/E 8.52 Book Value ₹ 221 Dividend Yield 6.70 % ROCE 21.3 % ROE 40.4 % Face Value ₹ 10.0 Industry PE 11.5 Debt ₹ 66,684 Cr. EPS ₹ 46.4 Promoter holding 54.9 % Intrinsic Value ₹ 318 Pledged percentage 0.00 % EVEBITDA 7.25 Change in Prom Hold 0.00 % Profit Var 5Yrs 19.1 % Sales growth 5Years 9.51 % Return over 5years 17.6 % Debt to equity 1.42 Net profit ₹ 9,883 Cr. ROE 5Yr 16.7 % Profit growth 18.5 % Earnings yield 9.99 % 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:HINDPETROLong
by TraderRahulPal
2
AEGIS LOGISTICS Aegis Logistics is in the business of import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG and chemical products. India’s leading oil, gas, and chemical logistics co. operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and LPG gas stations to deliver products and services. It also Provides import, export, storage, and logistics services, handling Class A, B, and C products as well as all types of chemicals, POL Products and Vegetable Oils through its Liquid Business Division Liquid logistics (34% of FY23 EBITDA): Aegis provides import, export, logistics, and storage services for all types of liquid chemicals, petroleum products, and vegetable oils. The company has terminals in six ports (Mumbai, Kandla, Pipavav, Mangalore, Haldia, Kochi) with total operational capacity of 1,603,000 KL. LPG Segment (66% of FY23 EBITDA): The company has a presence across the entire value chain starting from sourcing, terminalling, to distributing LPG to industrial and retail clients. Total LPG static capacity is 115'000 MT with annual throughput of 9'600'000 MT. Gas sourcing remains a major contributor of revenues, but profit margins are small as the company earns only a fixed sum for its service. Company operates its LPG retailing business through 142 Autogas stations in 10 states with a plan to expand to 200 stations in 20 states and has a network of 290 LPG distributors across 140 cities in 15 states. Aegis also operates 37 LPG bottling plants through their supply to both commercial and domestic LPG markets. LPG retailing is the highest profit margin segment Aegis witnessed a quantum jump in distribution volumes to industrial segment in FY23, with commissioning of their Kandla LPG terminal, where LPG substituting dirty fuels. Strong clientele Base: Shell, Reliance, HPCL, BPCL, ONGC, HUL, Bombay Dyeing, etc. The company has pipeline connectivity with its major customers like HPCL, BPCL which has helped them maintain a long-term relationship with their customers. Capacity Expansion -Constructed of a new LPG terminal at Mangalore which is India’s largest cryogenic LPG terminal with a capacity of 80,000 metric tons. -Started construction of a 110,000 KL liquids terminal at JNPT port. -An additional capacity of 3,000 metric tons of spheres at Pipavav commissioned in mid FY24. -Expansion at Kochi of 50,000 kl will be commissioned by FY25.
ALong
by CannySunny
Hindustan Petroleum Corporation Ltd.Hindustan Petroleum Corporation Ltd. ABOUT Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining crude oil and marketing petroleum products, production of hydrocarbon as well as providing services for the management of E&P Blocks. KEY POINTS Refineries Capacity Total Capacity- ~21.5 MMTPA Refinery Locations : Mumbai - 7.5 MMTPA Visakhapatnam - 8.3 MMTPA Bathinda - 5.65 MMTPA* *Co. owns a 50% stake in a refinery located in Bathinda, Punjab with a capacity of 11.3 MMTPA. (*MMTPA-Million Metric Tonne Per Annum.) Capacity Utilization The company has reported above 100% utilization levels for the past few years. The capacity utilization rate was ~109% in FY20. Revenue Breakup Presently, high-speed diesel (HSD) accounts for ~51% of revenues, followed by Motor spirit (~26%) and Liquified petroleum gas (LPG) (~13%). Increase in Sales Volume The sales volume of downstream crude products has increased from ~34 Million tonnes in FY16 to ~39.6 million tonnes in FY20. Marketing Network The company's marketing network includes ~16,476 retail outlets, ~1,638 SKO/ LDO dealers, and ~6,192 LPG distributors. Market Share The company is one of the 3 leading public OMCs with a 24% market share in the domestic petroleum marketing business in India. Aggressive CAPEX The company is undertaking aggressive CAPEX plans worth ~39,000 crores INR from FY21 to FY23 which includes equity investments of ~7,200 crores in JVs. Its key CAPEX projects are:- 1. Expansion and modernization of its refineries in Mumbai and Visakhapatnam. It plans to expand the capacity of the Mumbai refinery to 9.5 MMTPA and the Visakhapatnam refinery to 15 MMTPA. 2. Refinery-cum-petrochemical complex in Rajasthan (74% stake) 3. LNG terminal in Gujarat (50% stake) Acquired by ONGC In January 2018, Oil and Natural Gas Corporation Ltd acquired a ~51% stake in HPCL from GOI for ~37,000 crores. TECHNICAL ANALYSIS. Time Frame - 1D. 1. High trading and delivered volume. 2. Aggressive OI in FUT.(long side) 3. Fall in Brent Crude Oil price. 4. Option chain is quite interesting, 240 level will be crucial. FUNDAMENTAL ANALYSIS. Sector: Refineries. 1. Market Cap - ₹ 33,817 Cr. 2. Stock P/E - 3. Price to book value - 1.20 4. Debt to equity - 2.65 5. Free Cash Flow - ₹ 3,782 Cr. DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice. #education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #education #investing #investments #financialmarkets #learningeveryday #learning #hpcl #Refineries
NSE:HINDPETROLong
by mayur1630
1
Hind Petro Ltd Long @ Rs 298.1 or BelowNSE:HINDPETRO Entry Rs 298.1 or Below Target 344.8 SL 272 Time: 5 Week CMP 298.5 HPCL Ltd is trading at 298.5 prices has started moving upward from the lower levels. The stock price is stopped before reaching to demand zone , even in the current nifty downfall , HPCL price did not reach to demand zone. price is now looking to move upward. Buy and hold for the 5 weeks. Disclaimer: the author may enter in trade, take your own decision , This is a trading idea not a trading or Investment advice
NSE:HINDPETROLong
by praveen.gupta
1
BPCL - Triangle with Resistance.This stock is making a trend continuation pattern in weekly timeframe. A triangle pattern is always a good sign for a investor/trader. Weekly chart for the reference:- Some of its peers are also showing some good signs as well. For Example Hpcl is trying to break a longer term trendline and is trying to break a previous swing as well. If peers are also trying to break the trend then there must be something going on. HPCL Weekly attached:- Lets come to Daily now on BPCL where it has been testing resistance again and again.Levels of 440 will play important role as it is a resistance and will create a confluence zone as trendline is also there. Do not enter in stock until and unless it holds at those levels for a while because if new positions are not built before breaking out then it might lead to false breakout. Avoid the stock if it keeps on going one way without stopping. Keep and eye folks. Cheers and Happy Trading. Disclaimer:- I am not SEBI registered.Trade with your own risk and trade with caution.
NSE:BPCLLong
by LearnersParadise
Hind Petro - Ashu ki Asha(Hope) - Oil Catches Fire@300-30211:30 Hrs -18th June 2018 Last Price@323.50 This update is dedicated to hope- We Indians call this as "asha". If we can work on emotions like hope, fear & greed - we can turn into a better trader. Fortunately, last week I was reached by a colleague - Mr. Ashu & he asked what should be done in HPCL as it has been falling. I replied back in comment section of Last update - Hind Petro - Catching A Falling Knife-Is an Art or Magic!@300 Last Update Ashu I am Long - kindly review once. Myself Long at what levels as I suggested that going below 309 will have to be checked. Levels are sacrosanct. Never ignore them - you have to book losses if you are trading short term else HPCL is good for 10-15 days next but has some trigger points as 320 which is very important level to cross on upside for 330-350 targets. Below 302 -300 zone is important going above 311-312 shall be the clue for upside next. Ashu I am long from 313 levels. Can easily hold for 10-15 days to even a month. Any positional stop loss now? Thanks for help. Myself 300 - 302 is very important zone -should not be breached downside & Intraday 305 -day low - bullish harmonic structure in early stages - if gets blown up -could take to 311 -It has to cross 311 & sustain to move even further upside- crossing 320 -everyone will join for upside. Trading Strategy - What Next? As suggested crossing 320 levels we shall look for 330 & holding above 330 levels -our next target zone shall be 350 & even more. Zone of 300-302 was very important & not moving below & coming close kept our "hope - asha" alive. Holding & going below 325 levels - Next support zone 320 - 321. Going below 320 -we shall look for 310 - 313 zone (Price should hold in that zone) as re-entry zone but surely it should hold above 310 for any intraday opportunities - critical zone shall remain same 300-302 for expected bullish move in next few days. Below 300 - Pattern invalidates.
NSE:HINDPETROLong
by WaveTalks
8
Stock Analysis: Atam ValvesAbout: Atam Valves Atam Valves is a part of AMCO Industries involved in the manufacturing and export of Industrial & Plumbing Valves, Fittings & Boiler Mountings including valves of Gate, Globe, Check, Ball, Butterfly, Steam Traps, Boiler Mountings & Accessories, and other industrial valves and fittings. Clients include Adani, Alps Industries, BHEL, BPCL, BSBK, Driplex, Essar, HPCL, IOCL, IRCTC, NTPC, Thermax, Voltamp, etc. Fundamental Analysis Market Cap: ₹ 163 Cr. Stock P/E: 26.1 (Ind. P/E: 49.5) ROCE: 24.1 %; ROE: 20.8 % Quarterly Results Sales (Sep 2024): 16.92 YOY Sales Growth %: 32.60% (Sep 2024) Operating Profit (Sep 2024): 2.62 OPM % (Sep 2024): 15.48% Net Profit (Sep 2024): 1.66 Compounded Sales Growth (3 Years): 42% Compounded Profit Growth (3 Years): 89% Stock Price CAGR: 84% Net Cash Flow: 9.96 (Mar 2024) Cons: Promoter holding decreased by more than -2% QoQ Net Profit TTM Growth % : Negative Net Profit TTM Growth % Negative profit growth, promoters decreasing shareholding QoQ Low Piotroski Score : Companies with weak financials Technical Analysis Atam Valves has been in a downtrend for more than three months. Even though the Sep 2024 Quarter Income (16.92 Cr.) exceeded Jun 2024 (11.48), it fell below Mar 2024 Income of 17.25 Cr. It took strong support around 128 levels. After consolidating between 128 and 134 levels, it gave a strong breakout with good volume. The downside potentials are limited. Currently trading near 142 levels. Resistance levels: 144.5, 155, 188, 226
NSE:ATAMLong
by shanmurali
MRPL for 100% gainsDate: 17 Oct’24 Symbol: MRPL Timeframe: Daily Mangalore Refineries & Petrochemicals seems to be in final stages of Wave 4. If it goes down further from present level, 160 should hold well. Both rising volumes and divergence in RSI suggest accumulation in progress in the stock. Wave 5 can mount to around 330-340 (2X from current price of 169). I can review the target once it heads above 230 levels. This is not a trade recommendation. Please do your own analysis. HINGLISH VERSION Aisa lagta hai ki Mangalore Refinery and Petrochemicals Wave 4 ke antim charan mein hain. Yadi yah vartamaan star se aur neeche jaata hai, to 160 level ko hold karna chahiye. Badhti volume aur RSI mein vichalan donon hi stock mein accumulation ka sanket dete hain. Wave 5 lagabhag 330-340 (vartamaan keemat 169 se 2 guna) tak badh sakta hai. Ek baar 230 ke star se oopar pahunch jae to main iske target ki dubara sameeksha kar sakta hoon. Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan svayan karen.
NSE:MRPLLong
by DhandhaPaani
Best stocks for swing trade | Top stocks for investmentsProduct Portfolio & Applications CNG Steel Cylinders, Industrial Cylinders, Medical Oxygen, and Cylinders For Hydrogen Gases. These cylinders are used for high-pressure storage of gasses such as oxygen, hydrogen, nitrogen, argon, helium, air, etc, and find applications in a wide variety of industries such as manufacturing, fire equipment /suppression systems, medical establishments, aerospace/ defence and automobiles. Product Mix FY23 CNG Cylinders- 48% Industrial Cylinders- 27% Jumbo Cylinders- 20% Trading Sales- 5% Revenue Mix FY23 Cylinders - 96% Castor Oil - 2% Others - 2% Geographical Split The company sells its products in all states across India and also serves 25+ countries across Europe, USA, South America & South-East Asia. India - 62% in 9M FY24 vs 66% in FY20 UAE - 18% in 9M FY24 vs 18% in FY20 USA & Hungary - 20% in 9M FY24 vs 17% in FY20 Clientele The Company has a 150-strong client base consisting of OEMs like Bajaj Auto, Tata Motors, Ashok Leyland, Ve Commercial Vehicle, M&M, etc. It also supplies CNG storage cascades to CNG stations and City Gas Distribution vendors like Torrent Gas, HPCL, IOCL, Adani Gas, etc. Manufacturing Facilities In India, the company has 2 facilities at Tarapur, Maharashtra, and Kandla SEZ, Gujarat having a total capacity of 11,00,000 units.
NSE:EKCLong
by ssekarchanddra
HONEYWELL AUTOHoneywell Automation India Limited (HAIL)was started in the year 1987 as a JV between Tata and Honeywell. It was known as Tata Honeywell Limited each holding 39.54% stake. Later in 2004 Honeywell Asia Pacific Inc. bought Tata's stake and the name was changed to Honeywell Automation India Limited. Leader in Integrated automation solutions Honeywell Automation India Limited (HAIL) is a leader in providing integrated automation and software solutions besides process solutions and building solutions. A Fortune 500 company, it has a wide product portfolio in environmental and combustion controls, sensing controls, etc. It also provides engineering services in the field of automation and control to global clients. Technology Sharing by Holding company HAIL has the privilege to access a few of the latest products and technologies of its ultimate holding company Honeywell International Inc. for launching in Indian markets. Business segments HAIL caters to its esteemed clientele in domestic markets through various segments which are Process solutions, Building solutions, Management Systems, Advanced Sensing Technologies. It caters to its customers in export markets through the Global Engineering Services Segment and the Global Manufacturing Segment. Caters to Diversified Industries Honeywell automation is well placed to cater services through its various business segments to various industries like Aerospace, Buildings & Cities, Chemicals & Materials, Healthcare, Industrial & Manufacturing, Retail, and Safety Esteemed clientele Honeywell has a strong track record of serving clients who are having presence across industries in India. Its clientele includes well-known companies with good presence in domestic markets as well as international markets. Some of its reputed customers include Reliance, Vedanta, HPCL, TCS, Delhi Airport, AIIMS, ITC Hotel, Kolkata airport, Mahindra & Mahindra, Kirloskar Oil Engines. Major Concerns Major concerns of the co. include rising international crude oil prices, forex rate fluctuations and disruption of the global supply chain.
NSE:HONAUTLong
by CannySunny
2
ONGC – Target 211, 234, 246, 272 (Upside 7.5% to 37%)Stock is progressing well on intermediate wave three of first primary of third cycle. Currently it is in minute wave (iii) of minor 5, which is targeted at 211 with confluence of targets of both. Target for intermediate wave 3 is 245 (towards first target of cycle wave at 270). It has also successfully broken out of larger TF supply zone with 4 daily TF candles closing above the zone. MACD slightly higher than its tops during minor movement, RSI mid and MFI not in overbought zone. ATR is on rising trend @4.6 bouncing from support level of 2.6. Weekly R2 was rejected and found support at Pivot. Quarterly and monthly R1 was broken and reverted, crucial to see it closing above 196 and 201 respectively. Camarilla R4 was broken with good momentum and volume and has reverted probably to confirm the breakout, good indicator of a rally ahead. It has also broken the upper boundary of minor and minute channels and holding above it. Positive confluence of bullishness. There seems to be reasonably decent accumulation at all levels, though volumes were heavy during first minor, fairly balanced during third and lower but steady during minor fifth in progress. Currently trading at a P/E of 5.7 & EV/EBITDA of less than 4x. With a dividend yield of > 7%, the valuations are still on the lower side of fair value gap. Analysts have given target of 215+. I did some quick maths myself to convince me on a valuation of 234-272for the reasons mentioned as follows: 1) Long term beta of stock is sub 0.7x, doing a valuation along the efficient frontier (CAPM), I get Ke at 13% (Rf 7.25% ~ 10Y yield) - P/E of 7.7x, this gives me valuation of 235 for standalone, and incorporating subsidiaries / JV / holdings at CMP with 50% discount, I get 272 as fair Price including subs. 2) Even if we take Beta as 1, the resultant Ke is 15.5% implied P/E of 6.45, standalone value is 198 and with subs its 234. 3) Above numbers of valuation are based annualized EPS, with Q324 EPS estimated by me at INR 6.9 (substantially lower than analysts estimates around 9, QoQ at -17.5%). Reason, analysts have assumed sale of Gas during the Q324 @ $6.5 / MMBTU while I have assumed $3.3 per MMBTU, oil price realisation should be marginally better QoQ in running quarter. All these gives me annualized EPS of 30.62 which is the basis for valuation above. While subs stake value is taken @ 50% discount, the latent value remains, even though stocks like HPCL, OICL & GAIL have rallied substantially, a 50% discount is more than safe. 4) High Dividend yield of ~7%, RoE 17.8%, RoI 9.5%, high grade credit ratings, size of the firm etc. remain a plus. Even though I am late in the party, I am long with target of 234-272 (234 trading target, 272 investing target in about a year) even though it’s a riskier trading setup from short term trading perspective. Stop loss would be 166 to negate ensuing movement as impulse. Stop loss will be deep in case of wave theory as against usual 2xATR. RRR is low as am late in the party. I would be glad to hear feedback from traders / investors tracking the stock. Feedbacks keep me motivated to share my trading thesis. Disclaimer : The contents herein are my personal views, for me to make an investment decision, shared here with an objective of seeking views and comments from traders community at trading view platform. Nothing contained herein should be construed as an advice, offer, inducement or encouragement to buy or sell any shares, security, derivatives linked to the security, debt security or any other security of the company mentioned herein. The readers must make their own independent assessment, evaluation and valuation of the company and/or any of the securities issued by it or referenced to it. The reader is advised to take advice from their professional financial advisors before entering into any transaction or making a financial decision, without relying on anything contained hereinabove, or views given as addendum or comments hereafter. The author shall not be responsible or liable, directly or indirectly, for any loss or damage, including loss of profits, caused to the reader, or any other person or third party, whether pecuniary or otherwise, whether in present or in future, whether incurred or probable. Any replication of the contents herein is strictly prohibited except with the prior written consent of the author.
NSE:ONGCLong
by Gjain75
4