Can VRL go Viral ? Market Cap ₹ 6,570 Cr.
Stock P/E 39
Industry PE 26
Dividend Yield 1.08 %
ROCE 18%
ROE 20%
Debt to equity 0.74
OPM 15%
EBIDT growth 3Years 10%
Promoter holding 64%
EPS 36
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills.
India’s Vehicle Scrappage Policy
The vehicle scrappage policy is a government-initiated program to replace old vehicles on Indian roads. As per the new policy, commercial vehicles greater than 15 years and passenger vehicles greater than 20 years will have to be mandatorily scrapped if they do not pass the fitness and emission tests from April 01, 2023.
Under this policy, around 1265 vehicles from the existing fleet would be required to be scrapped, in terms of capacity these vehicles account for 18% of its fleet capacity.
Co. added 91 new branches, 241 net vehicles (post disposal of scrap vehicles) including 19 electric vehicles in FY22.
VRLLOG
VRL Logistics - Long Setup, Move is ON...#VRLLOG trading above Resistance of 656.65
Next Resistance is at 980
Support is at 455.85
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
VRLLOGTwo things are happening in the stock, the first is the rounding bottom pattern and the second one has taken the rejection from the trendline and VRLLOG:- has gone back to the upside, as soon as the breakout is given, you can make some plans.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Target 3 (52%) achieved in VRL Logistics. Target 4 is ON...This is follow-up on VRL Logistics. Can check link to related ideas.
Target 3 achieved. More than 52%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bullish in VRLLOGDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Took support multiple times near 590 can play long term. Strong trendline break-out. Entry, Stop and Profit as per RR ratio.
VRL Logistics✔️ VRL Logistics
🔹Breakout with volume
🔹expecting a good movemnt
-promising chart
🔹our first entry at 420 range
here is the second opportunity
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 67.55%
ABOUT THE COMPANY
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The operations of the Company are spread all over the country through various branches and transshipment hubs.(Source : 202003-01 Annual Report Page No:132)
🙏Study the chart then Invest
positional trade: consolidating above long term resistance given a trendline breakout on daly chart
can buy for positional if closes above 500
keep stoploss below 400
invest amount which you can hold for positional trade
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
Target 2 (24%) achieved in VRL Logistics. Target 3 is ON...This is follow-up on VRL Logistics. Can check link to related ideas.
Target 2 achieved. More than 24%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (8%) achieved in VRL Logistics. Target 2 is ON...This is follow-up on VRL Logistics. Can check link to related ideas.
Target 1 achieved. More than 8%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in VRL Logistics...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.