Hindustan food limited is on breakout with good volume spikeHello everyone, i have brought a stock which has given a breakout of triangle pattern with huge volume spike on weekly chart, there is higher probability that we will see bullish uptrend momentum in this.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories.
Technically stock is looking good as it has given breakout of triangle pattern with good volume
Price is above 200-DEMA.
Macd is also giving bullish crossover.
Morgan stanley has taken position on bulk.
Market Cap
₹ 6,397 Cr.
Current Price
₹ 558
High / Low
₹ 630 / 461
Stock P/E
68.8
Book Value
₹ 56.4
Dividend Yield
0.00 %
ROCE
15.4 %
ROE
18.2 %
Face Value
₹ 2.00
Industry PE
40.5
Debt
₹ 730 Cr.
EPS
₹ 8.12
Promoter holding
63.8 %
Intrinsic Value
₹ 256
Pledged percentage
0.00 %
EVEBITDA
30.9
Change in Prom Hold
-1.04 %
Profit Var 5Yrs
50.9 %
Sales growth 5Years
41.1 %
Return over 5years
43.8 %
Debt to equity
1.13
Net profit
₹ 93.0 Cr.
ROE 5Yr
18.2 %
Profit growth
30.8 %
Earnings yield
2.61 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Traderrahulpal
Fans, Lighting, Pumps, Appliances making company is ready to flyHello everyone, i hope you all will be doing good in your life and your trading as well, i have brought another stock which is ready to fly in blue sky. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. Company name is Crompton Greaves Consumer Electricals Limited, and it is one of the leading consumer companies in India with a 75+ years old brand legacy.
Product Portfolio:-
Fans - Ceiling Fans, Table fans, pedestal fans, wall-mounted fans, Ventilating fans, heavy-duty exhaust fans, air circulators, industrial fans. In FY23, company has transitioned to the new BEE norms.
Pumps - Residential pumps, Agricultural pumps, solar pumps, specialty pumps.
Appliances - Water heaters, air coolers, mixer grinders, irons, small kitchen appliances, and power solutions. In FY23, company launched a range of built in kitchen appliances in top 10 cities.
Lighting - LED lamps, Battens, panels, streetlights and floodlights, interior & architectural lighting, incandescent lamps, compact lamps, and Fluorescent lights.
Stock is forming higher highs and higher lows pattern on weekly timeframe, and now it has taken support and formed higher lows on chart, there is higher probability we can see a follow through momentum in coming days. So this can be best entry levels to accumulate in lower levels for higher targets.
Market Cap
₹ 20,161 Cr.
Current Price
₹ 314
High / Low
₹ 328 / 252
Stock P/E
46.6
Book Value
₹ 42.6
Dividend Yield
0.96 %
ROCE
16.0 %
ROE
18.1 %
Face Value
₹ 2.00
Industry PE
66.8
Debt
₹ 1,019 Cr.
EPS
₹ 6.77
Promoter holding
0.00 %
Intrinsic Value
₹ 125
Pledged percentage
0.00 %
EVEBITDA
26.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
7.42 %
Sales growth 5Years
11.0 %
Return over 5years
5.70 %
Debt to equity
0.37
Net profit
₹ 440 Cr.
ROE 5Yr
29.4 %
Profit growth
-17.5 %
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.
Flight & Hotel booking Company (EMT) is ready to fly in blue skyHello Guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock where weekly volume is higher than previous few weeks. Stock has given falling resistance trendline breakout and formed double bottom and given a huge breakout of neckline in last trading week. Now price is above neckline breakout and sustaining above. So if anybody wants to go long in it, can go with cmp or add some more if you get more down levels around 45-43. Stock is good with good management and this is only 2nd largest growing and profitable company in india.
Technical indicators like MACD is also giving bullish crossover on weekly timeframe, this all indicating a positive reversal in this stock.
About company:- Easy Trip Planners(EMT) is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel - related products and services under the flagship brand ''Ease My Trip''.
It also provides end- to -end travel solutions, including airline tickets, hotels and holiday packages,rail tickets, bus tickets and taxis as well as ancillary value- added services such as travel insurance, visa processing and tickets for activities and attraction.
Market Cap
₹ 8,798 Cr.
Current Price
₹ 49.6
High / Low
₹ 56.4 / 37.0
Stock P/E
54.9
Book Value
₹ 3.46
Dividend Yield
0.20 %
ROCE
54.6 %
ROE
46.9 %
Face Value
₹ 1.00
Industry PE
213
Debt
₹ 116 Cr.
EPS
₹ 0.92
Promoter holding
64.3 %
Intrinsic Value
₹ 38.0
Pledged percentage
0.00 %
EVEBITDA
39.8
Change in Prom Hold
-1.24 %
Profit Var 5Yrs
103 %
Sales growth 5Years
33.8 %
Return over 5years
%
Debt to equity
0.19
Net profit
₹ 160 Cr.
ROE 5Yr
47.0 %
Profit growth
24.6 %
PROS:-
Company is expected to give good quarter
Company has delivered good profit growth of 103% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 48.7%
CONS:-
Stock is trading at 14.3 times its book value
Promoter holding has decreased over last quarter: -1.24%
Debtor days have increased from 98.5 to 138 days.
Working capital days have increased from 43.6 days to 316 days
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.
Banknifty levels for intraday 29/August/23Good Morning Mates.
Yesterday We have seen Higher highs and highers low formation in Banknifty. Mates Banknifty jumped 263 points to 44494.65 and formed a bullish candlestick pattern on the daily charts. Guy's keep watching 44500 levels, Because if banknifty is going to give successfully breakout of 44500 levels then we can see Banknifty towards 44714/44944+ levels just today or may be till tomorrow. Apart from this we have support zone at 44300/44150 in downside. So today 44500 will make for break levels. So just keep an eye on this levels.
Important levels for Banknifty:-
Support zone 44300/44150
Resistance zone 44700/44900
Buy above 44554, if levels got sustained at least for 30 Mints.
Targets we can see in upside 44717/44944+
Keep stop loss at 44313
Sale below 44313, if levels got sustained at least for 30 Mints.
Targets we can see in downside 44131/43938
Keep stop loss at 44554
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
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