VCP
Look no further while AETHER is Here ! -Annual Revenue rose 11.8%, in the last year to Rs 667.6 Crores. Its sector's average
revenue growth for the last fiscal year was 17.1%
-Annual Net Profit rose 19.7% in the last year to Rs 130.4 Crores. Its sector's average net
profit growth for the last fiscal year was 6.7%.
-EPS increased to 10.5 from previous year 9.67
PE Ratio is 109.7, higher than its sector PE ratio of 47.7 (Negative)
In the latest quarter :
DII Holding increased by 5.26%
Promoters holding decreased by 5.26%
FII Holding increased by 0.30%
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. It exports products to 18 countries, including Italy, Spain, Germany, the United States, and other parts of the world.
Business segment:
A) Large Scale Manufacturing (72% of FY21 revenue)
B) Contract Manufacturing (19% of FY21 revenue)
C) CRAMS (9% of FY21 revenue)
New Manufacturing units
In August 2021, it commenced construction of a new manufacturing facility #3 at Sachin, and it is in discussions with relevant authorities for acquiring land for the fourth manufacturing facility (manufacturing facility #4) at Sachin. Both these new manufacturing facilities (#3 and #4) will be within a short distance from manufacturing facility #2.
ISMT technically has the Ability to give you Plenty!This analysis is purely Technical.
Positive:
- Annual Revenue rose 19.1%, in the last year to Rs 2,598.2 Crores. Its sector's average revenue growth for the last fiscal year was 9.5%.
- Quarterly Revenue rose 12% YoY to Rs 658.7 Crores. Its sector's average revenue growth YoY for the quarter was -0.6%.
- Mutual Fund Holding remained the same in the last quarter at 0%.
Negative:
- Annual Net Profit fell 96.3% in the last year to Rs 87.7 Crores. Its sector's average net profit growth for the last fiscal year was -53.4%.
- Quarterly Net profit fell 99.7% YoY to Rs 8.4 Crores. Its sector's average net profit growth YoY for the quarter was -51.2%.
Kirloskar Ferrous Industries Limited (KFIL) acquired majority stake in the Share Capital of the Company(i.e. 51.25%), making ISMT a subsidiary of KFIL w.e.f March 10, 2022.
The Company is the largest integrated manufacturer of precision seamless tubes, tubular components, and steels in the Asia Pacific Region. The Company is mainly engaged in manufacturing of seamless tubes and engineering steels.
Apart from tubes, ISMT Limited also manufactures a wide range of value added products for each of these industries. These include items such as bearing rings, gear blanks, shifter sleeves, cages for constant velocity joints, swaged & machined axles, threaded and coupled casings, couplings and a host of similar products. The group companies include ISMT North America, Taneja Aerospace and Aviation Limited (TAAL), Structo Hydraulics AB, Sweden and ISMT Europe, Sweden.
ISMT has one of the most modern alloy steel plants in India. The factory, located at Jejuri (within a 100 km radius of ISMT's Tube plants) has a capacity of 190,000 MT per annum.
The Company is currently using the de-bottlenecking and modernization process to raise its capacity in the immediate future. It plans to increase the 1,55,000 tpa tube capacity to 2,00,000 tpa. Moreover, the steel capacity of the company which is already manufacturing at the rate of 2,40,000 tpa will be raised to 3,50,000 tpa.
SANSERA forming a textbook VCPSansera Engineering forming a classic big base VCP pattern Looks good for a swing trade.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Many people have lost their savings, lifestyle due to excess greed. Do take this disclaimer seriously.
USK ready for a bumper move Udayshivakumar Infra formed a clean IPO base in VCP pattern. Looks like institutions are accumulating this scrip. I am expecting a move to 40 levels minimum from this scrip and another factor here is that the scrip belongs to Infra sector which in itself is showing good strength. I have entered the trade today at 30.75 my stop loss is set at 29.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Many people have lost their savings, lifestyle due to excess greed. Do take this disclaimer seriously.
relative outperformer1. RS positive
2. stock above long term moving averages
3. two iterations of volatility contractions
4. falling falling during contractions
5. respecting recently formed demand zones
6. volume spurts during upmove
7. short term moving averages not holding the stock
trade plan- wait for a bullish candlestick pattern above 50 dema to enter
(follow a strict risk management process with discipline, stock market gains work in probabilities)
Disc- i am not SEBI registered IA or RA, the chart published is analysed based on technical parameters and for education purpose only. I may/maynot or will/will not have position in the script.
Possible VCP Breakout - Strong growthChart is self explanatory.
The VCP play might work out/ might not work out - but with the kind of order book the company is winning, it seems a reasonable bet at this valuation.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing
SBI : VCP Breakout - Positional (1-3 months minimum)#SBI : VCP Breakout
Positional Call (1-3 months minimum)
>> Entry at cmp or at retracement till safe entry levelz
>> Good Volume Buildup
>> Good strength in Stock
>> Swing Traders can book profits at 5-10% or keep trailing
Trgts : It will test the Previous Swing highs
Keep Liking & sharing for more such Learning
Equitas bullish trade setupGood daily close today, VCP type structure breakout + Descending channel breakout + Volume surge + above 50 MA