A specialty organic stock has good fundamental, given breakout.Hello, everyone, i have brought another stock which has given breakout and ready to fly in blue sky,, Stock name is Vinati Organics Ltd and it is incorporated in 1989, It manufactures specialty organic intermediaries and Monomers.
KEY POINTS
Product Profile:
a) Specialty Aromatics
Iso butyl benzene/ IBB, N-Butyl Benzene, Secondary Butyl Benzene, Tertiary Amyl Benzene,
3- Phenylpentane, The C10 Aromatic solvent,
4 -Butylaniline.
b) Specialty Monomers:
2-acrylamido 2-methyl Propane Sulphonic
Acid (ATBS), Sodium Salt Of 2-acrylamido-2-methylpropane Sulphonic Acid (NAATBS), N-tertiary Butyl Acrylamide (TBA), N-tertiary
Octyl Acrylamide (TOA)
c) Butyl Phenols:
Ortho Tertiary Butyl Phenol/2 Tert Butylphenol, Para Tertiary Butyl Phenol/ 4 Tert Butyl Phenol,
2, 4 Di Tert Butylphenol, 2, 6 Di Tert Butylphenol
d) Other Specialty Products:
Isobutylene, Methanol, High purity Methyl Tertiary Butyl Ether, Tertiary Butylamine, Para tertiary butyl Benzoic Acid, Methyl 4-Tertiary butyl benzoate, Mixed Hexene
e) Miscellaneous Polymers:
Vintreat Polymer, VINPLAST 245,
VINFLOW HT, Isohexane, CAS
64742-49-0
Clientele:
Chemtall Inc., BASF Corporation, Mitsubishi Corporation, SNF, Dow Europe GMBH
Capex:
Company is currently undertaking capex of
~Rs.580 crore through internal accruals, viz. around Rs.300 crore in VOL for ATBS capacity expansion and Rs.280 crore in Veeral Organics Private Limited which will enable it to manufacture additional derivatives of Isobutylene. The ATBS capacity is to be expanded from 40,000 MT to ~60,000 MT.
Market Share:
Company is the only backward-integrated manufacturer of ATBS and butyl phenols with its own Isobutylene manufacturing unit. It ranks no.1 in the production for ATBS and IBB, commanding 65%+
market share for both these products.
Market Cap
₹ 20,129 Cr.
Current Price
₹ 1,958
High / Low
₹ 1,985 / 1,462
Stock P/E
62.2
Book Value
₹ 240
Dividend Yield
0.36 %
ROCE
18.6 %
ROE
13.8 %
Face Value
₹ 1.00
Industry PE
39.5
Debt
₹ 4.65 Cr.
EPS
₹ 31.5
Promoter holding
74.3 %
Intrinsic Value
₹ 453
Pledged percentage
0.84 %
EVEBITDA
39.5
Change in Prom Hold
0.22 %
Profit Var 5Yrs
2.72 %
Sales growth 5Years
11.0 %
Return over 5years
12.8 %
Debt to equity
0.00
Net profit
₹ 323 Cr.
ROE 5Yr
20.1 %
Profit growth
-29.4 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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SPECIALITY
Breakout in Speciality Restaurants Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Speciality Restaurants LimitedSPECIALITY:- Cup and handle pattern has formed and the stock has given a breakout, it is showing like a resting pattern. Keep an eye on it.
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.
YR 2022 Idea #159: Long on SPECIALITYThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
SPECIALITY - Ichimoku Bullish Breakout Stock Name - Speciality Restaurants Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 218
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
HAVE A CUP WITH SPECIALITY !!!!Speciality Restaurants have finally given the most awaited breakout above 182.
This Cup and Handle pattern was under construction since 2015 and
finally, after 7yrs it has given the breakout from the pattern.
Also, the breakout is supported with volume & RSI , RSI is taking support at 60.
NOTE: - This breakout is seen in long-term charts, hence should be considered
on a positional basis.
Breakout in Speciality Restaurants...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 achieved in Speciality. Gain of 28% Target 2 is ON.This is follow-up on Speciality Restaurants. Can check link to related ideas.
Target 1 achieved. Gain of more than 28%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HIMADRI SPECIALTY CHEMICAL --- LONG TERM - BULLISH HIMADRI SPECIALTY CHEMICAL (HSCL) is an Established Brand with strong proven track record in specialty chemical , India's only fully integrated carbon chemical plant .
TECHNICAL daily, weekly , monthly Chart is look bullish, as we discuss about multiyear monthly chart strong trendline breakout seen recently around
leve 48-50, consolidation seen around 50-60 level and, resistance breakout of this consolidation above 60 level also seen now in last 2-3 trading session, so this indication of strong trend reversal at 60 level ..bullish formation on chart to see upside target 80-100-120 .
Bullish RSI and MACD above center and signal line at daily chart.
FUNDAMNTAL of co is positive since co in profit QOQ and YOY but this quarter some decline in profit margin is seen.
BUY HSCL @ 63
TARGET - 80 -100- 120
STOP LOSS 39
THIS STOCK IS BETTER FOR SHORT--MID--LONG TERM .. But keep track on quarter results if one having mid -long term view. ! potentail upside can be 20-30% (1-2 month) short term and 50-80 % in long term ( upto 1 year )
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..please do own analysis and take call at own risk !
** VIEWS for or against of anlysis welcome..
HAPPY TRADING . !!
SPECIALITY - Ready To BreakoutSPECIALITY
Buy-Above 100
Sl-90
T-115 123 130+
The stock is ready to breakout. This a bit aggressive as we are taking positions before trendline breakout. Safe traders can enter after trendline breakout.
The stock has made a bullish continuation structure. You can call it a bullish pennant or symmetrical triangle.
Himadri Speciality - Increased Volume on Daily ChartHimadri Speciality - Increased Volume on Daily Chart, crossed important huddle of 49.9 next huddle 54.5
Entry - above 54.5 (Can enter now to reduce Stop loss also but slightly risky)
Stop loss- 41.5 (Trail Stop 49.9 after 54.5 is crossed and sustained)
Trgt1 - 81
Trgt2 - 114
Duration - 1 year
All numbers are weekly based
Bussiness model : Co manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde) and specialty oils.
They are planning to expand production of Lithium Titanate Oxide which will be used for electric vehicle Batteries.
It has transformed its portfolio from low value products to high valued products over the years for higher margins.
Mar 2020 and Jun 2020 has been bad Quarters for this Co due to Covid expect this Co has been performing consistently well.
Promoter holds 45.43% slightly below average.
Debt 596 crs can be cleared with 2 years profit, however Company is looking for expansion so Debt clearing won't happen soon.
Co is profitable from last 4 years since sales growing at good speed
Cashflow decent from last 6-7 years
Technically accumulation has happened on monthly charts from last 4 months and stock is ready to breakout from its Cup and Handle pattern
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Specialty Restaurant: Wonder AccumulationYou have a bigger degree consolidation or accumulation highlighted by the green shaded box and a smaller degree one represented by the yellow box. Notice the breakdown, breakout and retest. Was reminded of my mentors quote "There are no accidents in price"
Chart looks bullish and today's price action is promising. This one is in my shopping list. Plan your trade and position size correctly.