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Gspl price volume action multiple breakout Buy gspl cmp 294 cmp tgt 350-400-450-500 ABOUT Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013. Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills. KEY POINTS Gas Transmission Business The company is the second largest player in terms of gas transmission pipeline network operator in the country with its 2,694 km long pipeline network connecting various cities from Vapi to Jafrabad. GSPL has a well-established network in Gujarat having control over 25 out of 33 districts. During FY20, It commissioned the Pipavav- Gundala pipeline thereby providing natural gas connectivity to Projects at Dahej-SEZ, Gundala, Anjar. User Industries The company is involved in supplying gas to various customers from several industries which includes refineries, steel plants, Power plants, Textile companies, Chemical companies, City Gas Distribution companies, Fertilisers plant, Petrochemical plants, Glass Industries, etc. Product wise Revenue Break up In FY20, The company had ~15% of revenues from transportation of gas through its pipeline network and ~ 84% of revenues from sale of natural gas primarily through its subsidiary Gujarat Gas Ltd. Gujarat Gas Limited (~54% stake) - It is a subsidiary which is India's largest city gas distributor having its presence across 42 districts in the states of Gujarat, Punjab, Haryana, Rajasthan, MP, Maharashtra, Union territory of Dadra and Nagar Haveli. It is supplying gas to more than 14.4 lakhs residential, over 12,600 commercial & non commercial segments and 3,700 industrial customers. It is also supplying natural gas in the form of Compressed Natural Gas through 403 CNG stations catering to the automotive sector in operational areas. It became a subsidiary after the company increased its stake in Gujarat Gas from ~26% to ~54% in FY18. Special Purpose Vehicles The company is implementing cross-country natural gas transmission pipelines through special purpose vehicles i.e. GSPL India Gasnet Ltd and GSPL India Transco Ltd. It holds 52% stake in both these SPVs. Expansion Plans The company has undertaken the expansion of its Gas Transmission pipeline linking northern and western regions. The pipeline will link Mehsana in Gujarat to Bathinda in Punjab at a cost of ~5,500 crore INR. Part of GSPC The company is promoted by Gujarat State Petroleum Corporation Ltd which is one of the leading oil & gas exploration, development and production companies in India. It is promoted by the Government of Gujarat along with its public sector undertakings.
NSE:GSPLLong
by shah43nirav
Guj fluorochemKEY POINTS Product Portfolio: The company is the only PTFE / fluoropolymer manufacturer in India and a major supplier of fluoropolymers to Europe and USA. GFL holds domain expertise in four major product verticals: Fluoropolymers, Fluorospecialities, Refrigerants and Chemicals 1) Flouropolymers: Company is the leading producers of Fluoropolymers globally. It manufactures and markets a range of Fluoropolymers and Fluoro-elastomers eg PTFE, PFA, FEP, FKM, PVDF, Additives. 2) Fluorospeciality chemicals: In this segment, company offers products for the global agrochemical and pharmaceutical Industries eg Hf Based, Tfe Based, Kf Based. 3) Refrigerants: The company is the largest manufacturer of HCFC 22 in India and the preferred supplier for leading OEMs and service partners globally eg R22, R32, R407C, R410A. 4) Chemicals: The company is a leading producer of industrial chemicals such as Caustic Soda, Carbon Tetrachloride, Chlorine, Methylene Di Chloride, Hydrochloric Acid, Sodium Hydrogen Sulphate, Hydrogen Gas, Fluorspar, Anhydrous Hydrogen Chloride. Also, GFL has developed technology and products which would help it to ride the wave of new and upcoming industrial verticals such as Electric Vehicles, Solar Panels, Hydrogen Fuel Cells /electrolyzers and Electrical batteries. Manufacturing Units: The company has two manufacturing complexes in Dahej for the Fluoropolymers and Chemicals, another one in Ranjitnagar for Fluorospecialities and last one in Morocco for Fluorspar Mining and Beneficiation. The units work in the combined installed capacity of ~65,000 tons per annum (tpa) of HCFC, ~16,200 tpa of PTFE, ~134,750 tpa of caustic soda, and ~108,500 tpa of chloro-methane. For Q2FY22, plants manufacturing Caustic Soda, Chloromethanes Fluoropolymer(PTFE) are running at full capacity and for the New Fluoropolymer; the capacity utilization is around ~65% which is expected to reach 100% utilization of existing capacity by Q4FY22. For speciality chemicals, Capacity utilization has been low for pharma related intermediates due to demand displacement in favor of Covid-19 related drugs. This is expected to start normalizing from Q4FY22
NSE:FLUOROCHEMLong
by shah43nirav
This IT service provider may breakout of big accumulation phase!This IT service provider may breakout of big accumulation phase! NSE:DATAMATICS • Datamatics Global Services is a provider of IT, BPO, and consulting services, and has demonstrated strong profitability and efficiency. • The company's current stock price is below its intrinsic value, making it a potentially attractive investment opportunity. • The stock is not overbought, indicating that it may be a good time to consider purchasing. • Datamatics Global Services is not included on the ASM or GSM lists, which can be a positive sign for investors. • There is minimal promoter holding pledged, suggesting a lower level of risk for potential investors. • Datamatics Global Services made more money this quarter than they did in the same quarter last year. The amount of money they made this quarter was 25.06% higher than what they made last year. • The company also earned more profit this quarter compared to the same quarter last year. Specifically, the profit they earned was 24.07% higher this year compared to last year. • Additionally, the company's earnings before interest, taxes, depreciation, and amortization (EBIDTA) for this quarter increased by 23.82% compared to the same quarter last year. This means that the company was more profitable in terms of its core operations this quarter compared to the same quarter last year. 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.
NSE:DATAMATICS
by UnknownUnicorn23435789
This global IT solutions provider is about to hit ATH!This global IT solutions provider is about to hit ATH! NSE:SONATSOFTW Strengths: • Strong growth in Digital and Platformation segments • Diversified customer base and long-standing client relationships • Robust demand environment and optimistic outlook for the future • Differentiated Platformation and Lighting tools framework for competitive advantage Weaknesses: • Declining revenue in the legacy business • Slow recovery in the travel vertical • Lag cycle in IT investment affecting growth in some segments • Dependence on key clients for a significant portion of revenue Opportunities: • Increasing demand for digital transformation and cloud adoption • Growing importance of data analytics and AI/ML technologies • Potential for expansion in international markets • Opportunities for strategic partnerships and acquisitions Threats: • Intense competition from larger and established players in the market • Economic and geopolitical uncertainties affecting customer spending • Rapidly changing technology landscape requiring constant innovation and adaptation • Risks associated with data security and privacy Sonata Software appears to have several strengths, including strong growth in key segments, a diversified customer base, and a positive outlook for the future. However, the company also faces challenges such as declining revenue in the legacy business, slow recovery in the travel vertical, and dependence on key clients for revenue. While there are opportunities for growth in digital transformation and international markets, there are also threats from intense competition and economic uncertainties. 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.
NSE:SONATSOFTWLong
by UnknownUnicorn23435789
This software services company has picked up bullish momentum!This software services company has picked up bullish momentum! NSE:CIGNITITEC Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana. Total Revenue for this quarter increased by 33.34% year-on-year EBIDTA for this quarter increased by 71.89% year-on-year Net Profit for this quarter increased by 75.33% year-on-year EBITDA margin increased from an average of 12.67% over the last 4 quarters to 16.47% Net Profit margin increased from an average of 8.17% over the last 4 quarters to 10.68% Technically the price has run up a bit, but it could still be considered for entry on pull-backs 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.
NSE:CIGNITITECLong
by UnknownUnicorn23435789
Speciality chemicals company blasts off to new all time high!Speciality chemicals company blasts off to new all time high! NSE:GANESHBE Ganesh Benzoplast Limited is an India-based company, which is engaged in the manufacture, export and import of a range of specialty chemicals, food preservatives and industrial lubricants. Net Profit increased by 37.89% year-on-year EBIDTA increased by 43.68% year-on-year EBITDA margin increased from an average of 20.45% over the last 4 quarters to 25.91% Net Profit margin increased from an average of 11.47% over the last 4 quarters to 14.39% Over the last 5 years, revenue growth has averaged 29.22%, vs industry avg of 12.4% Over the last 5 years, net income has averaged 98.73%, vs industry avg of 19.89% 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.
NSE:GANESHBELong
by UnknownUnicorn23435789
This road-infra player decisively broke out of resistance zone!This road-infra player decisively broke out of the resistance zone! NSE:HGINFRA HG Infra is an infrastructure construction, development, and management company that is dedicated to developing road projects, including highways, bridges, and flyovers. With 92% of its order book coming from the Government sector and 8% from the private sector, HG Infra is majorly engaged in road construction activities through EPC Business with a focus on Hybrid Annuity Model (HAM) Projects. The company is also pre-qualified to independently bid for large EPC Projects and HAM Projects, making it a front-runner in the sector. The company is also expected to benefit from the big infra push from the Indian government! Company posted a 49% increase in sequential quarterly revenue for Dec-22 quarter. Margins are improving since last 3 quarters. This is contributing positively to the earnings suggesting good times ahead. Current share price is less than the intrinsic value of the company showing undervaluation. Price formed a new 52 week high after one month consolidation around the previous 52 week high zone with heavy volumes. Relative strength to the benchmark is also high and in an uptrend. 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.
NSE:HGINFRALong
by UnknownUnicorn23435789
This speciality foods company just broke out of 2 year high!This speciality foods company just broke out of 2 year high! NSE:BECTORFOOD Mrs. Bector's Food Specialties Ltd. is a biscuit, confectionary, jam, sauce, and ketchup maker and exporter. Indian snacks, ready-to-eat meals, sauces, frozen items, and bakery products are among the products offered by the company. Margins, sales and earnings have significantly improved in the past 3 quarters as well has year on year. The company has lower than industry debt:equity ratio and better than industry current ratio. Overall the company is showing excellent signs of profitability with minimal red flags. On technical charts the price broke out of a 2-year high today with heavy volumes. Price is in a strong uptrend since the past year and showing better relative strength compared to the index over a 6 month period. Source: Screener.in, Tickertape.in Disclaimer: For information purposes only. Not SEBI registered. Not an investment advisor.
NSE:BECTORFOODLong
by UnknownUnicorn23435789
This pharma major has beat earnings estimates for 3 quarters!NSE:ZYDUSLIFE Zydus life sciences is a well-known player and among the top 5 companies in the pharma space. The company has a solid pipeline of biologics and vaccines. Fundamentally, the company has beat quarterly earnings estimates by an average of 10% for 3 straight quarters. The company has reduced debt and has been paying out good dividends also. YoY quarterly revenue, margins, and profit have shown good positive trend. Technically, the price hit new 52-week highs recently. However there are two major resistance zones above current price as shown in the chart. Nevertheless, the price volume action is favorable for now with strong uptrend in recent times. Compared to benchmark index, the stock is showing relative strength which in turn is also in an uptrend. Source: tickertape.in, screener.in 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.
NSE:ZYDUSLIFELong
by UnknownUnicorn23435789
This infrastructure service provider is set for a nice up move!NSE:MOLDTECH Mold-Tek Technologies specializes in providing Civil and Mechanical Engineering Solutions. Key ratios: PE cheaper than industry Dividend higher than industry Key fundamentals: Sales - In the past five years, sales growth has averaged 8.98%, in contrast to the sector average of 5.51%. Margins - Over the last 5 years, net profit margin has been 11.13%, vs industry avg of 0.73% Earnings - Over the last 5 years, net earnings have averaged 24.3%, vs. sector avg of -183.77% Key technicals: Volumes have been on increasing trend in past week Stock is near all time high on monthly, weekly and daily charts although there is some selling pressure seen at ATH levels, the price is making higher lows and higher closes Other: Company is almost debt free. Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 45.9% Sources: tijorifinance, screener, tickertape Disclaimer: not a recommendation, only for educational purposes
NSE:MOLDTECHLong
by UnknownUnicorn23435789
This IT midcap stock is soaring to new all time highs!NSE:KPITTECH KPIT Technologies is a tech giant that specializes in computer programming, consulting and other related services. A specialist in embedded software, AI, and digital solutions, it helps companies adopt next-generation mobility tech. The company has R&D units throughout Europe, the United States, Japan, China, Thailand, and India. Quarterly Y-o-Y sales, net margin and EBITDA have shown 40-50% growth in the past year. However, the margins have not shown much growth. ROE and ROCE have been well above the cost of capital in India at more than ~20%. Promoter holding is healthy with negligible pledging. With consistently higher dividends, the company is expected to post good results in the coming quarterly earnings. Stock price has jumped about 40 per cent in the last six months and tested a new all-time high today. Evidently the stock price is showing great relative strength compared to Nifty which has been in correction since many weeks. Source: tickertape.in, screener.in 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.
NSE:KPITTECHLong
by UnknownUnicorn23435789
This auto ancillary stock has broken out of consolidation!NSE:GNA GNA Axles is an established company in the automobile component space with wide variety of products for the 4-wheeler auto industry. Total revenue, net profit and earnings have been growing impressively for this company in last 12 months. EBITDA and Net margins are also on the growth trajectory. Promoter holding pattern is healthy, albeit with a little bit of pledging <~5%. On the leverage front, debt to equity ratio is good with more than sufficient interest coverage. Price hit a 52-week high breaking out of a consolidation base with heavy volumes. Relative to the benchmark index, price is showing good strength and in an uptrend. Source: tickertape.in, screener.in 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.
NSE:GNALong
by UnknownUnicorn23435789
Leading logistics player is all set to test all time high!NSE:AEGISCHEM Aegis Logistics Limited (AGL), a leading oil, gas, and chemical logistics company in India, operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and LPG gas stations in order to provide products and services. ROE/ ROCE are good at about ~17% Debt to equity ratio is good with healthy interest coverage ratio Promoter holding pattern is decent with no pledging Although revenue growth and earnings are showing signs of slowdown, the margins and EBIDTA are showing good recovery since last couple of quarters suggesting good times ahead On the technical side, price is just shy of testing all-time high and has been rallying in a strong uptrend since the past 2 quarters Compared to benchmark index Nifty, the stock is showing impressive relative strength Price is breaking out of a 1-month base with heavy volumes suggesting strong buying interest Source: tickertape.in, screener.in 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.
ALong
by UnknownUnicorn23435789
Analysis of Sat Industries LtdNSE:SATINDLTD SAT is engage in many business manufacturing, education, leasing, finance, investments, domestic trading, import & export. Fundamental Analysis Leading exporters of FIBCs, PP Bags, fabrics and Box bags with exports spread across 28 countries , including USA, Italy, France, Portugal, Greece and UAE. Company's 3 YEARS OR 5 YEARS Sales 15.4% OR 28.3% , Debt/Equity Ratio -0.4% , Debt/EBITDA - 1.5% , Interest coverage ratio - 7.4 Time , Inventory days & Receivable days are higher than 5 year's back. From 2018 ROCE is getting better ~ 22% From 2018 ROE is getting better ~ 18% Technical Analysis On the charts the stock breakout strongly Rectangle pattern. With good volumes. Now making you all time highs. User’s of this server are expected not to misread it directly or indirectly as any buy/sell recommendations. We are not SEBI Registered Investment Advisor & Research Analyst. Do Consult your financial advisor before taking any trading or investing decisions. Please consider the Risk involved in equity markets. We do not take any responsibility for your profit or loss.​
NSE:SATINDLTDLong
by NARAYANTAPARIA
2
This aluminium microcap company is ticking all the right boxes!NSE:MAANALU MAAN ALUMINIUM is a fairly established company mainly dealing in the manufacturing of aluminum products. Exclusive dealer of Aluminium ingots and Billets for Hindalco Industries Ltd. for North and South India. They also deal in scrap trading. ROE/ ROCE are good at more than ~20% Promoter holding profile is good with no pledging Debt to equity ratio and interest coverage are good YoY quarterly Revenue, net profit and EBITDA showing impressive growth YoY quarterly EBIDTA and NET margin are also improving On the charts the price broke out strongly out of a base with heavy volumes and is at an all time high Relative strength to the benchmark index is also high Sources: tijori finance, screener.in, tickertape.in 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.
NSE:MAANALULong
by UnknownUnicorn23435789
3
Consumer and building products company gives price breakout!Somany Home Innovations Limited (SHIL) is a company engaged in the business of consumer appliances, retail, and building products. Popular brands from this company are HINDWARE, MOONBOW, and EVOK In recent quarters: - Sales of the company are increasing quarter on quarter; however, at a slower rate - Margins in the business are starting to show improvement - Increasing sales and improving margins are contributing to higher net profits - The company has invested heavily in the last few years causing a dip in the returns, but the investments can contribute to greater operating leverage - Overall company is showing good signs of profitability in the near future - debt to equity ratio is a little high but offset by a healthy interest coverage ratio On the price charts: - Price has broken out of a cup and handle base formation in the last two weeks with heavy volumes - This week, the price touched all-time high after minor consolidation despite a down-trending market showing high relative strength Sources: tijori finance, screener.in, tickertape.in 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.
NSE:HINDWAREAPLong
by UnknownUnicorn23435789
This auto parts manufacturer is rising steadily to all-time highNSE:MAHINDCIE The company is a auto components supplier to global automotive companies which include Volkswagen, JCB, Daimler AG , Hyundai etc. Fundamentals: -> TTM: sales have grown 20% and TTM EPS has grown >50% -> Quarterly: sales increased >30% YoY and EBIDTA up by 20% YoY -> Quarterly Margins have remained stagnant YoY indicating slow down in further growth -> promoter holding has increased however by 2.79% in past two quarters Technicals: -> Stock price has moved up ~15% in past week on higher volumes -> Stock price has retested a darvas box pattern last week and broken out of it again -> Stock is nearing its all-time high -> Stock is forming higher highs and higher lows consistently without deep corrections Feel free to share your research or thoughts in comments! Sources: tradingview, screener.in, tickertape.in Disclaimer: only for educational/ research purposes. not a investment recommendation.
M
by UnknownUnicorn23435789