Hikal Ltd. - Base Breakout above 412#Hikal Ltd. Base Breakout on sustained close above 412. CMP 403.85.
Resistance at 477/544/667 for expected level of life high 742 & beyond. Long Term Trade. View negated below 365. Q2 FY25 EBITDA Margin improved on YoY & QoQ basis released on 12/Nov/24. Management needs to deliver in future as per the investor presentation.
#TMPV #StockInvesting #ChemicalSector #PharmaSector #AgroChemical #TechnoFunda #SmartEye
Technofunda
Beautiful Price Action With Good Q2 Numbers.NSE:BANCOINDIA Posted Good Q2 Numbers for FY 24-25 with Margin Expansion. It manufactures and supplies engine cooling modules and systems for automotive and industrial applications in domestic and international markets.
Results Snapshot:
QoQ Sales: 11.3 %
QoQ Profits: 102 %
YoY Sales: 23.5 %
YoY Profits: 110 %
OPM%: 23%
Currently Trading at 17.4 times P/E. with Book Values/Share of 4.72.
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Took Support From Major Levels and Broke Swing High.NSE:CCL Today Broke Swing Highs With Heavy Volumes on Back of Excellent Q2 FY 24-25 Results, after taking support from key levels.
On a YoY basis, EBITDA and PBT grew by 24% and 25% to ₹138 crore and ₹87 crore, respectively during the quarter. Rising volumes and value-accretive businesses largely drove the growth in EBITDA. Going ahead, they expect EBITDA growth to be largely driven by volume growth and not margin improvements from a long-term perspective.
NSE:CCL is engaged in coffee production, trading and distribution. The company's business operations are mainly in India, Vietnam, and Switzerland.
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Breaking Out of Falling Wedge and Symmetrical TriangleNSE:SYRMA is breaking out of Falling Wedge and Symmetrical Triangle Breakout on Weekly TF. With 2nd Best Weekly Volumes.
NSE:SYRMA is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization.
Recently it posted good Q2 FY 24-25 Results, posting a 30% Y/Y rise in Q2 consol profit after tax. The auto and healthcare businesses led growth in Q2 and will drive future growth further ahead. Also, expect a recovery in margins fuelled by higher exports and design and manufacturing businesses. NSE:SYRMA faces margin challenges as the consumer segment, which comprises 35%—38% of topline, operates with lower margins, and they are aiming to lower the segment's share further.
One can wait for a retracement or ride the momentum with the current week candle as stop loss.
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Flag and Pole Pattern with 20 WEMA SetupNSE:TORNTPHARM has made a Pole and Flag Pattern on a Weekly Timeframe with 20 WEMA on the lower edge of the flag.
If a Bullish flag pattern Breaks Out above 3600, the stock may move toward the pattern target after the breakout which is 4560. Keep a Stop Loss of 3250.
NSE:TORNTPHARM is a leading Indian Pharmaceutical Company engaged in the research, development, manufacturing and marketing of generic pharmaceutical formulations, and gave a good Q2 FY 24-25 Resluts Recently.
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About to Break Key LevelsNSE:TATACONSUM about to break key levels with nearing completion of a cup and handle chart pattern on Daily time frame, Good Accumulation Seen from July to Sep. 2024 around Post Rights Issue to Acquire two companies Capital Foods (Ching's) and Organic India to strengthen their product portfolio further. 1154-1168 Will be a Good Zone to add or wait for the breakout of 1255 Levels.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Bouncing Back from Accumulation ZoneNSE:MAHABANK after a long time came back to the Accumulation Zone and now bouncing back with a King Candle and Good Volume, The longer-term trend stays intact, fundamentally a stable PSU Bank. Keep in Radar.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Change of Polarity With Good Q2 Results.NSE:JUSTDIAL on Weekly Timeframe Changed its Polarity (Resistance acting as Support),
After giving a Breakout and retesting it, it Accumulated in the 512-576 Range. Now, With Good Q2 FY 24-25 Results, it looks good for positional Techno-Funda Trade above 1400 Levels on the Weekly Timeframe.
NSE:JUSTDIAL is the market leader in the local search engine segment in India. The Company provides local search-related services to users across India in a platform-agnostic manner. The multi-platform offering includes an App (Android, iOS), a mobile website, a desktop /PC, voice, and text.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
ARW Tachno-Funda CallNSE:ANANDRATHI is about to breakout Major Resistance after a good consolidation of over 8 Months. Today it Posted its Q2 FY 24-25 Results which were astonishing. It is an AMFI-registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. It offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.
For Swing Traders: Enter after it Breakouts above 4300 Levels With a Good Price and Volume Candle.
For Positional Traders: You can Accumulate it if it comes back to the Accumulation Zone or Near 200EMA.
For Investors: You Can SIP, Going all in at this Valuation is a bit Risky.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
OM Infra LTD. Retesting a Multi Decadal ResistanceHere on the chart you can observe a few things :
- Previous resistance of almost 20 years became support for the stock.
- It broke previous resistance of 160 after taking sometime & now retesting the same (Concept of polarity)
- Whenever a stock breaks its multi decadal resistance, highly likely that can become a multi-bagger stock!!
- A fundamentally reasonable valuation company.
- Sectoral tailwinds in the sector in which company operates.
Risk :
- Dependent on Govt. orders.
- Competition from Big players like JSW, TATA, Torrent Power.
Special Situation Pick - Aavas Financiers Ltd. (Open Offer)- A Techno - Funda pick for medium to long term with a risk (stoploss) of 7% from CMP i.e., 1766(Open offer price).
- Technically a Stage 2 stock with a double bottom (more likely that this will work)
- With Fed rate cuts RBI likely to cut rates as well, Affordable housing finance companies likely to benefit from rate cuts as it will decrease cost of borrowing for them.
- Fundamentally also a cheap valuation company compared to peers.
- A company with a solid management track record.
# Just for information purpose. Please DYDD. Happy Trading Readers!
Neogen Chemicals LtdNeogen Chemicals Ltd
Neogen Chemicals Ltd, incorporated in 1991, manufactures bromine and lithium-based organic and organo-metallic compounds, used in the pharmaceutical, agricultural chemicals, and engineering industries.
Market Cap₹ 6,166 Cr. Current Price ₹ 2,337
ROCE9.38 % ROE5.74 %
Profit Var 3Yrs4.40 % Sales growth 3Years27.1 %
GREAT COMPANY WITH STRONG FUNDAMENTAS.
Aarti Surfactants LtdAarti Surfactants Ltd
Incorporated in 2018, Aarti Surfactants
Ltd is in the business of Home and personal care ingredients
Fundamentals:
Market Cap₹ 719 Cr. Current Price₹ 850
ROCE14.8 % ROE11.5 %
Profit Var 3Yrs0.96 % Sales growth 3Years8.19 %
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Cartrade Tech Ltd | momentum stockCartrade Tech Ltd
CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and Value Added Services. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.
fundamentals :great
Market Cap₹ 4,707 Cr. Current Price₹ 995
ROCE 4.20 % ROE 0.42 %
Debt to equity 0.05
Profit Var 3Yrs -54.6 % Sales growth 3Years 25.2 %
great momentum achieve recently . keep eye on chart.
debt free company. every quarter FII AND DII increase hold.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Campus Activewear LtdCampus Activewear Ltd
was incorporated on September 24, 2008, and is one of India’s largest sports and athleisure footwear brands in terms of value and volume. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, styles, and at affordable prices.
FUNDAMENTALS :GREAT .NOW VALUATION IS ALSO RESONABLE.
Market Cap₹ 10,913 Cr. Current Price₹ 357
ROCE 16.7 % ROE14.9 %
Profit Var 3Yrs 49.5 % Sales growth 3Years26.8 % Promoter holding 73.9 %
as per chart reading there is huge volume came in this month and momentum also in positive zone.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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TECHNOFUNDA STOCK: ZENSARZENSAR making higher highs where NIFTY IT index is struggling. Good ROE/ROI with PE ratio comfortable at 22, one of lowest in industry. Net profit doubled from last year.
Technichal rebound from 200EMA and gradually trading at all time highs.
Buy for target of 810 to 1020 in medium to long term. Technical stop around 555 on weekly closing basis
HGInfra-DO NOT MISS!HG Infra is a techno-fundamental pick shared from infra sector.
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal
Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart.
Keep in watchlist.
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STRONG TRENDTIPS INDUSTRIES MANAGEMENT IN 2 QTR Concall Committed 30 % Growth in Top Line and bottom line in next remaining two Qtr, if everything is good in future so 3 to 6 month minimum target 450 near about
chart is very strong and RS & RSI & SUpertrend is very strong on weekly chart
TARGET-450
BUY ON DIP
STOP LOSS-290 OR SUPER TREND
IT stock to watch before reversalIdea is shared as Long term reversal pick only for educational purposes.
Stock name:-Mphasis
Market cap around 40000 crore
Buy in range of 1950-2050
Technically IHNS Breakout above 2500.
SL below 1650 WCB
Targets 3500, 4000++
Diving into some fundamental ratios at CMP:-
PE ratio-25 (Near 5 yr median PE and industry PE)
ROCE-28.9%
ROE-21%
Debt/Equity-0.2|| Debt/Earnings-0.96
Div yield above 2%
Promoter holding above 55% with no holding pledged.
One noteworthy observation is DII have increased stake from 17.78% to 22.55 % in last 1 year.
Is Orchid Pharma Turnaround Candidate?Shaikhoology's Stock Analysis
#OrchidPhar - 474
Overview:-
Business got into trouble and filed insolvency which was taken over by Dhanuka Laboratories in 2020
MOAT- Company have few patented products (API)
Topline:-
YOY & QOQ improvement seen in recent results.
Profit Growth is Organic and Margin Expansion clearly visible
BottomLine :-
Debt reduction, Good Reserves and Positive Cash Flow shows Financial stability.
Valuations:-
Overvalued as of Now.
If Earning Growth Continues then valuations can be cheaper, needs EPS of 10-15 then stock price will attract new investors.
Technically - Chart is bullish at Cmp and their is hurdles also as trading in WDZ
Stock May See 1000-1200 levels(WSZ) if trades and sustains above 550 levels.
SHARED FOR EDUCATIONAL PURPOSE ONLY, I AM NOT SEBI REGISTERED ANALYST.
This oil and gas field services provider is climbing new highs!The company is a diversified oil and gas player that provides various services and solutions to the energy sector in India. The company's key business aspects are:
• It specializes in providing **air and gas compression services**, **drilling and workover services**, **gas dehydration services**, and **integrated project management services** under rental and chartered-hire basis.
• It is also involved in the **exploration and production business** of oil, gas, and coal bed methane, and has acquired several domestic and international oil and gas blocks.
• It has a strong presence in the Indian market with a diversified client base that includes public sector undertakings, multinational companies, and private players in the oil and gas industry.
Key Financials:
• Total Revenue for latest quarter increased ~32% YoY
• Net Profit for latest quarter increased by >40% YoY
• TTM Net Profit margin increased from ~22% to ~25%
Red Flag Check:
• Promoter holding is good at >60% with negligible pledging
• Debt:Equity is great with high interest coverage
• Stock is not in any of the exchange surveillance lists
Key Technicals:
• Price is in a steady uptrend since listing
• Strong relative strength compared to benchmark index
• Price has been making consecutive all time highs since 3 sessions
Disclaimer:
This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.