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#Astral is getting the heat of the moment # SuperChartzKey Level: Support: 1950 Resistance: 2099, 2199, 2250 Key Drivers: Astral Poly Technik Ltd, founded in 1996, is a major player in India's plumbing and adhesive industries. It pioneered lead-free PVC pipes and expanded into adhesives through acquisitions. The company's diverse product range includes plumbing systems, adhesives, water tanks, faucets, and paints. With manufacturing facilities in multiple countries and a robust distribution network, it has a strong presence both domestically and internationally. Recent expansions into faucets, sanitary ware, and paints highlight its growth strategy. Astral Poly Technik Ltd maintains a focus on brand promotion and plans for continued expansion, supported by healthy financials and strategic acquisitions.
NSE:ASTRALLong
by SuperChartz
#MaxHealth is getting ready to heal the pain #SuperChartzKey Levels: Support: 830 Closing Basis Resistance: 900, 999, 1099 Key Drivers: Max Healthcare Institute Limited, India's second-largest hospital chain, offers a diverse array of healthcare services, including complex procedures like transplants, robotic surgeries, cardiac, neuro, orthopedic, and oncology surgeries. They have 17 facilities with a current capacity of ~3,530 beds, boasting a ~75% occupancy rate. Their Max Lab has 435+ partner-run CCs, 23 CoCCs, and ~170 PAS. Max@Home conducts 3,000+ daily billed transactions and has 14 specialized services. Max MyHealth, their digital platform, accounted for ~21% of H1FY24 revenues. They have significant strategic partnerships with Deakin University and Imperial College London, with ~1,000 high-index journal research publications in the last 5 years and 500 completed clinical research projects. Max recently acquired 550 bedded Sahara Hospital for ~Rs. 940 crs and aims to double its bed capacity with a planned brownfield expansion of ~2600 beds and potential to add 1,000 beds through land parcels. They plan to add beds in NCR as follows: FY24: 300 beds for Rs. 918 crs, FY25: 819 beds for Rs. 1592 crs, FY26: 1100 beds for Rs. 1377 crs, FY27: 521 beds for Rs. 552 crs, FY28: 1350 beds. The company has a significant market capitalization of ₹84,041 Cr, with its current stock price at ₹865, fluctuating between a high of ₹910 and a low of ₹412. Its price-to-earnings ratio (P/E) stands high at 79.5, indicating investor optimism. The book value per share is ₹80.7, and the dividend yield is 0.12%. It maintains healthy returns with ROCE at 15.0% and ROE at 16.1%. The operating profit margin (OPM) is robust at 27.9%. The company's EPS is ₹10.9, and it demonstrates strong performance compared to the industry with a return over three months at 39.4% and return over three years at 65.2%. The return on assets is 11.4%, showcasing efficient asset utilization. It generated significant sales of ₹5,198 Cr. The enterprise value is ₹82,910 Cr, with an EVEBITDA ratio of 51.0. The debt-to-equity ratio is low at 0.08, reflecting a healthy financial structure. Overall, the company exhibits strong financials, profitability, and market performance.
NSE:MAXHEALTHLong
by SuperChartz
#JaiCorp is getting ready for a ride #SuperChartzKey levels: Support: 317 to 300 CL Resistance: 372, 399, 420 Key Drivers: Jai Corp Ltd, established in 1985, operates in steel, plastic processing, spinning yarn, and investment advisory services. Its revenue mix in FY22 comprised 10% from steel, 89% from plastic processing, and 1% from real estate. The company's geographical split in FY22 was 86% from India, 12% from the USA, and 2% from other regions. Notably, a single customer in the plastic processing segment contributed 68% of the revenue. Infrastructure projects include investments in two multi-product Special Economic Zones (SEZs) near Mumbai, with substantial land allocation. Additionally, Jai Corp is involved in the development of Rewas Port and an industrial estate near Mumbai through its subsidiary Swar Land Developers Limited. The company's asset management arm, Urban Infrastructure Venture Capital Ltd, manages funds totaling approximately Rs. 2,434 crore. It also serves as the Indian advisor to Urban Infrastructure Capital Advisors, managing a real estate fund with a capital commitment of US$ 300 million. In FY22, Jai Corp saw significant production increases in GP/GC coils and sheets, while discontinuing operations in the spinning segment due to scale inefficiencies. Noteworthy transactions include Evergreen Trust's acquisition and subsequent distribution of equity shares, as well as the redemption of preference shares. Overall, Jai Corp Ltd maintains a diversified portfolio across manufacturing, real estate development, and asset management, with a strong focus on expanding its infrastructure projects and optimizing production efficiencies.
NSE:JAICORPLTDLong
by SuperChartz
Granules is granulating the speed process #SuperChartzKey Levels: Support: 408 Resistance 450, 520, 650 Key Drivers: Granules India is a pharmaceutical company with a market capitalization of ₹10,876 crore. Its current stock price stands at ₹449, with a high/low range of ₹453/₹268. The stock has a P/E ratio of 27.6 and a price-to-book value of 3.65. Its EPS is ₹16.3, and it offers a dividend yield of 0.34%. The company has shown robust returns with a 16.9% return over 3 months and a 7.49% return over 3 years. Granules India maintains strong financial health with an ROE and ROCE of 19.1% and 19.4% respectively. It has a healthy current ratio of 1.35 and a debt-to-equity ratio of 0.47. The company's OPM stands at 18.3%, with sales totaling ₹4,526 crore. Granules India's enterprise value is ₹11,944 crore, with an EVEBITDA of 14.3 and a CMP/FCF of 76.8. Overall, Granules India demonstrates solid financial performance and stability in the pharmaceutical industry.
NSE:GRANULESLong
by SuperChartz
Raymond is looking to Fly the Sky #SuperChartzKey levels: Support: 1800 on a closing basis Resistance: 1920, 1980, 2080, 2185 Description: Fundamentals: Business Overview: Raymond Limited, established in 1925, is a diversified group with interests in Textile & Apparel sectors, Real Estate, FMCG, Engineering, and international markets. It is a leading vertically and horizontally integrated manufacturer of worsted suiting fabric globally. Business Segments Post Demerger: The company will focus on Real Estate, Engineering, and Denim (Joint Venture) while retaining its flagship brand, Raymond. Brands: Notable brands include Raymonds, Colour Plus, Parx, Park Avenue, and new ventures like Ethnix. Strong retail presence with 1,638 stores, including 49 overseas stores in nine countries. Revenue Mix FY23: Branded Textile: 40% Branded Apparel: 16% Garmenting: 13% High-Value Cotton Shirting: 9% Engineering: 10% Real Estate: 13% Joint Ventures: Raymond UCO Denim (JV) manufactures specialty ring denim with a capacity of 56 million meters per annum. FMCG presence through Raymond Consumer Care (50% JV) in personal hygiene products. Raymond Realty: Started real estate business in 2019, with planned development on 20 acres, receiving significant booking values. Financials and Debt Reduction: Market Cap: ₹12,351 Cr. Debt reduced to ₹689 Cr. as of FY23. The company sold its FMCG business, reducing debt and becoming cash surplus. Demerger: Demerger of core Lifestyle business ongoing since 2019, aiming for two independent, debt-free entities with significant liquidity surplus. Technicals: Stock Performance: Current Price: ₹1,855 High / Low: ₹2,240 / ₹1,093 Stock P/E: 7.51 Financial Ratios: ROCE: 21.4% ROE: 22.9% Debt to Equity: 0.82 Price to Earning: 7.51 Market Performance: Return over 3 months: 2.35% Return over 3 years: 75.5% Enterprise Value and Sales: EV/EBITDA: 6.53 Enterprise Value: ₹15,469 Cr. Sales: ₹8,343 Cr. Miscellaneous: Book Value: ₹630 Dividend Yield: 0.16% OPM: 13.9% Price to Book Value: 2.95 EPS: ₹227 Industry PE: 35.3 Return on Assets: 7.86% Current Ratio: 1.77 In short, Raymond Limited demonstrates strong fundamentals with diversified business segments, successful brand portfolio, and strategic moves like demerger and debt reduction. Technically, the stock shows stable financial performance, moderate valuation, and positive market returns.
NSE:RAYMONDLong
by SuperChartz
4
De Nora is getting ready for a Notorious Ride #SuperChartzKey levels: Support: 1550, 1500 - Closing levels Resistance: 1640, 1740, 1840 Technical Impact: Recent Price Movement: The recent 5.83% positive return over 3 months suggests a favorable market sentiment and interest in De Nora India Ltd. Investors may find this upward trend appealing, potentially attracting more attention to the stock. Price Volatility: The wide range between the 52-week high and low (₹2,337 / ₹740) indicates considerable price volatility. Traders might see opportunities in this volatility for short-term gains, while long-term investors may need to assess their risk tolerance. Return History: A 79.8% return over the last 3 years reflects strong historical performance. Investors may view this as a positive sign, signaling the company's ability to generate value over an extended period. CMP/FCF Ratio: The CMP/FCF ratio of 70.7 suggests that the stock's current market price is relatively high compared to its free cash flow. Investors should interpret this ratio cautiously, considering it may indicate overvaluation or high market expectations. EVEBITDA and Enterprise Value: The EVEBITDA ratio of 25.1 and Enterprise Value of ₹833 Cr. provide insights into the company's overall valuation. Investors may analyze these metrics to assess whether the stock is undervalued or overvalued relative to its earnings. Fundamental Impact: Valuation Metrics: The P/E ratio of 35.2, compared to the industry average of 40.0, suggests the stock may be attractively priced. Investors may find this appealing, assuming the company's future earnings potential supports the current valuation. Financial Health: Strong fundamental indicators such as a high ROCE (29.7%) and ROE (22.1%) indicate efficient capital utilization and strong returns for shareholders. This can boost investor confidence in the company's financial health. Debt and Current Ratio: The absence of debt and a high current ratio of 7.63 reflect a healthy financial structure. This can be reassuring for investors concerned about the company's ability to meet its short-term obligations and manage long-term debt. EPS and Sales: A solid EPS of ₹45.2 and sales of ₹75.0 Cr. indicate a healthy bottom line and revenue generation. Investors may see this as a positive sign of the company's operational efficiency and growth potential. Conclusion: The combination of positive technical and fundamental factors suggests that De Nora India Ltd is currently positioned well in the market. Investors may find the stock appealing due to recent positive price movements, strong historical returns, reasonable valuation metrics, and robust financial health. However, it's crucial to stay vigilant, considering potential risks such as customer concentration and market dynamics. A holistic approach, combining both technical and fundamental analysis, provides a comprehensive view for investors making informed decisions.
NSE:DENORALong
by SuperChartz
PowerIndia is ready for a PowerFul BO #SuperChartzKey levels: Support:4650 Resistance:4800 4850 Description: Technicals: The stock exhibits a historical support level at 4650, indicating a point where buying interest has traditionally emerged. Notably, the stock has been consolidating, suggesting a period of price stability. This consolidation phase may set the stage for a potential breakout. Resistance levels at 4800 and 4850 are key points to watch. If the stock successfully breaks above these levels, it could signal a bullish breakout from consolidation. In the event of a breakout, technical analysis suggests a potential projection for new highs. Traders and investors may anticipate a bullish trend continuation, with the next significant price targets being projected highs beyond the previous levels of resistance. Fundamental: Hitachi Energy International is a leading provider of grid connections and power quality solutions with a global presence and an installed base of over 10,000 projects. The company demonstrates a commitment to sustainable practices, with over 800 projects integrating renewable energy sources into the grid. Additionally, it holds a 75% stake in Hitachi Energy India. From a financial perspective, there has been a substantial improvement in performance. The previous quarterly earnings per share (EPS) was 0.57, indicating recent positive growth. The current quarter's EPS has surged to an impressive 5.85, reflecting a significant boost in earnings.
NSE:POWERINDIALong
by SuperChartz
3