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This stock Can give you more than 400% Returns in next 2-3 YearsHello everyone, i hope you all will be doing good in your Trading and in your life as well. I have brought an Investment Stock, where you can park some money to grow in long term. In actually in stock market most of people they have made huge money by investing in Good stocks only. So this is kind of long term investing stock. This stock has good management. Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. The Long term growth story just has started because this qtr we have seen good result from Indus Tower, and this can be continue in future. So invest and forget and make money by just doing small investment. Market Cap ₹ 61,970 Cr. Current Price ₹ 230 High / Low ₹ 236 / 135 Stock P/E 11.1 Book Value ₹ 87.9 Dividend Yield 0.00 % ROCE 11.3 % ROE 9.71 % Face Value ₹ 10.0 Industry PE 39.1 Debt ₹ 20,704 Cr. EPS ₹ 20.7 Promoter holding 69.0 % Intrinsic Value ₹ 190 Pledged percentage 30.5 %(Negative) EVEBITDA 5.78 Change in Prom Hold 0.00 % Profit Var 5Yrs -3.97 % Sales growth 5Years 33.8 % Return over 5years -3.84 % Debt to equity 0.87 Net profit ₹ 5,582 Cr.(Excellent) ROE 5Yr 20.2 % Profit growth 104 %(Good) KEY POINTS Leadership Position The Co. has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. Pan-India Presence As on March 31, 2022 the company’s net tower portfolio stood at 185,447 and net co-locations grew to 335,791. The closing sharing factor stood at 1.81 times per tower. It is the first tower company to have a presence across all the 22 telecommunication circles. High Customer Concentration The company's customers are Bharti Airtel, Vodafone Idea, Reliance Jio and BSNL. The consolidation in the telecom industry has resulted in the exit of some players. The tenancy ratio for the company remains steady at 1.8 times Pre-Merger Details The company (Bharti Infratel) held 42% stake in Indus Towers Ltd before it merged with it. It had an economic interest in ~97,000 towers before the merger. Merger with Indus Towers Bharti Infratel merged with Indus Towers on 19th November 2020. As per the scheme, the company issued ~76 crore equity shares to the various entities of Vodafone Group and ~8.7 crore equity shares to P5 Asia Holding Investments Ltd aggregating to 28% and 3% respectively in the post-issue share capital of the company. The equity capital of the company increased from ₹1850 crores to 2695 crores post the merger Vodafone Idea Ltd received cash consideration of ~3,760 crores for its 11.15% stake in Indus Towers as it was elected/ decided by the same. The name of the company was changed to Indus Towers Limited as per the scheme of amalgamation. Change in Shareholding Pattern Vodafone Plc sold 7.1% of its stake in Indus Towers for a total consideration of ~Rs. 3,831 Crores. Out of this, 4.7% was acquired by Bharti Airtel for a consideration of Rs. 2,388 Crores while the remaining 2.4% was sold to other investors. As a result of these transactions, Vodafone Plc’s holding has decreased from ~28% to 21%, and Bharti Airtel’s holding has increased from ~42% to ~46%. Focus The Co. will focus on diversifying into new areas like FTTH (Fiber To The Home), Active Maintenance, and Fiber Maintenance. 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:INDUSTOWERLong
by TraderRahulPal
3
Zen Technologies Limited - Breakout Setup, Move is ON...#ZENTEC trading above Resistance of 1366 Next Resistance is at 1663 Support is at 999 Here are previous charts: 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.
NSE:ZENTECLong
by MandeepSinghKohli
2
Computer Age Management Services - Breakout Setup, Move is ON...#CAMS trading above Resistance of 4067 Next Resistance is at 5322 Support is at 3291 Here are previous charts: 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.
NSE:CAMSLong
by MandeepSinghKohli
4
Just Dial Limited - Breakout Setup, Move is ON...#JUSTDIAL trading above Resistance of 1180 Next Resistance is at 1754 Support is at 817 Here is previous chart: 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.
NSE:JUSTDIALLong
by MandeepSinghKohli
1
Zen Technologies Limited - Breakout Setup, Move is ON...#ZENTEC trading above Resistance of 1072 Next Resistance is at 1366 Support is at 837 Here are previous charts: 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.
NSE:ZENTECLong
by MandeepSinghKohli
S&P 500 Preparing for a Robust RallyOn Weekly Basis: S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level in October, 2022. It took a support at 4115 which is a long-term horizontal support with multiple pivots on weekly charts. It looks like a fresh new Wave has just started from 4115 completing A Wave at 4771 and correcting B Wave at 4697. A powerful C Wave is currently intact and shall continue. D and E waves are not yet formed to predict a correction. There is a golden cross over at 200 DMA (January, 2023) and since then it has maintained an uptrend. It has come out of oversold position (June, 2022) to overbought position (currently) but may behave zig zag before meaningful correction may start. Now it has broken the strong resistance level at 4771 also a previous all-time high on weekly basis. Target of 5472 cannot be ruled out before a meaningful correction starts. There is still a chance for long position with 8% appreciation. AI, Semiconductors, Oil and Cryptos are the leaders in the pack. Warning and Disclaimer: Above prediction should not be taken as financial advise, it is a personal opinion. Consult your financial advisor. Investment is subject to market risks. Past performance is not the guarantee for future performance. It is for educational purpose only.
TVC:SPXLong
by AnkurSharda3
Bullish Triangle Pattern Breakout seen in Garments mfg. stockHello Everyone, i hope you all be doing good. I have brought a stock which has given bullish triangle pattern breakout. Stock name is Cantabil Retail India Ltd and it was incorporated in 1989 and started its readymade garments manufacturing and retailing business in the year 2000. Product Portfolio & Revenue Split 9MFY24 Men’s Wear (83%) - Formals, Casuals, Ultra Casuals, Woollen, Knitwear Women’s Wear (10%) - Shirts, Tops, Leggings, Kurtas, Kurtis, Capri, Pants, Jeans Kids Wear (3%) - Shirts, T-shirts, denim, trousers, Culottes, dresses, tops, jeggings, shorts Accessories (4%) - Innerwear, Belts, Socks, Ties, Handkerchief, Deo, etc. Technically stock has given neat and clean breakout of bullish Triangle pattern, Indicators like MACD & RSI started giving bullish crossover on chart. Price is above 200-DEMA. NOTE:- (I have not placed any indicators on chart just to keep chart neat and clean, but certainly i have done my analysis with indicators) Market Cap ₹ 2,450 Cr. Current Price ₹ 293 High / Low ₹ 310 / 181 Stock P/E 40.1 Book Value ₹ 39.0 Dividend Yield 0.31 % ROCE 18.0 % ROE 22.3 % Face Value ₹ 2.00 Industry PE 31.3 Debt ₹ 336 Cr. EPS ₹ 7.44 Promoter holding 74.1 % Intrinsic Value ₹ 131 Pledged percentage 0.00 % EVEBITDA 16.4 Change in Prom Hold 0.81 % Profit Var 5Yrs 37.4 % Sales growth 5Years 16.4 % Return over 5years 44.2 % Debt to equity 1.03 Net profit ₹ 62.2 Cr. ROE 5Yr 22.8 % Profit growth -9.09 % Earnings yield 3.82 % 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:CANTABILLong
by TraderRahulPal
2