FINPIPE – Cup n Handle Breakout - 40% upside potential250-260 has been resistance zone since last 2.5 years. Stock has given good Cup n Handle pattern breakout from this resistance zone.
Target: 360-370 zone
SL: Daily candle close below 260
Next report date
Report period
Q4 2023
EPS estimate
1.90INR
Revenue estimate
12.08 BINR
7.70INR
2.51 BINR
43.84 BINR
260.22 M
About FINOLEX INDUSTRIES
Sector
Industry
CEO
Ajit Venkataraman
Website
Headquarters
Pune
Employees (FY)
4.33 K
Founded
1981
ISIN
INE183A01024
FIGI
BBG000CR63L0
Finolex Industries Ltd. engages in the manufacture and sale of polyvinyl chloride (PVC) pipes and fittings. It operates through the PVC, and Pipes and Fittings segment. The PVC segment produces and distributes PVC resin. The Pipes and Fittings segment focuses on the manufacture of pipes and fittings required principally in the agriculture, and construction industries. The company was founded by Prakash Prahlad Chhabria on March 28, 1981 and is headquartered in Pune, India.
FINPIPE | Positional Trade📊 DETAILS
Sector: Plastics - Tubes/Pipes/Hoses & Fittings
Mkt Cap: 15,133 cr
Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and f
finpipeA cup handle breakout seen here....target can be the height of the cup which 100 to 150 points from the bo point stop loss can be placed at a closing below 185 again this has to be based on your risk appetite entry level 265 target 400 to 420 and sl 50 to 75 points from the entry level
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please n
FINPIPE - 8 Months Consolidation / All Time High BreakoutFinolex Industries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (September, 2023). Now It has given a Consolidation breakout & Closed above it's Previous Life Time High with good bullish momentum candle & with huge volume in daily Time Frame.
3) The stock may find It's
Finolex pipes cup and handle patternFinpipes has formed cup and handle.
Stock has bounced from important demand zone and consolidating near trendline.
Levels mentioned on chart.
Good risk reward according to the levels.
Idea shared for educational purposes
Finolex Ind Breakout in 1HR Time FrameThis share has given Breakout from Triangle Pattern in 1HR Time Frame
CMP:231
Tgt: 260,280,300+
SL: 180 WCB
Chart only for Educational Purpose !!
Finolex Industries LtdFINPIPE - Strong breakout with good volume, momentum may continue further concentrate in this level
Multiple Indicators - FINPIPE📊 Script: FINPIPE
📊 Sector: Plastic products
📊 Industry: Plastic products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are on urge of crossover.
📈 Right now RSI is around 60.
📈 One can go for Swing Tra
FINOLEX INDUSTRIES FOR SWINGIn this script FINPIPE, there is a ascending triangle pattern in W-TF which is going to give a breakout. this stock also performed well in the past. the MACD indicator shows the buying signal in W-TF. it also gave a breakout from a symmetrical triangle pattern in D-TF. Thus, it shows the positive sh
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Frequently Asked Questions
The current price of FINPIPE is 270.90 INR — it has increased by 0.89% in the past 24 hours. Watch FINOLEX INDUSTRIES LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange FINOLEX INDUSTRIES LTD. stocks are traded under the ticker FINPIPE.
FINOLEX INDUSTRIES LTD. is going to release the next earnings report on May 10, 2024. Keep track of upcoming events with our Earnings Calendar.
FINPIPE stock is 3.65% volatile and has beta coefficient of 0.93. Track FINOLEX INDUSTRIES LTD. stock price on the chart and check out the list of the most volatile stocks — is FINOLEX INDUSTRIES LTD. there?
FINPIPE earnings for the last quarter are 1.54 INR per share, whereas the estimation was 1.60 INR resulting in a −3.75% surprise. The estimated earnings for the next quarter are 2.00 INR per share. See more details about FINOLEX INDUSTRIES LTD. earnings.
FINOLEX INDUSTRIES LTD. revenue for the last quarter amounts to 8.83 B INR despite the estimated figure of 9.70 B INR. In the next quarter revenue is expected to reach 10.98 B INR.
Yes, you can track FINOLEX INDUSTRIES LTD. financials in yearly and quarterly reports right on TradingView.
FINPIPE stock has fallen by 0.51% compared to the previous week, the month change is a 9.92% rise, over the last year FINOLEX INDUSTRIES LTD. has showed a 2.31% decrease.
FINPIPE net income for the last quarter is 954.00 M INR, while the quarter before that showed 979.60 M INR of net income which accounts for −2.61% change. Track more FINOLEX INDUSTRIES LTD. financial stats to get the full picture.
Today FINOLEX INDUSTRIES LTD. has the market capitalization of 166.60 B, it has increased by 8.14% over the last week.
Yes, FINPIPE dividends are paid annually. The last dividend per share was 1.50 INR. As of today, Dividend Yield (TTM)% is 0.56%. Tracking FINOLEX INDUSTRIES LTD. dividends might help you take more informed decisions.
FINOLEX INDUSTRIES LTD. dividend yield was 0.88% in 2022, and payout ratio reached 37.00%. The year before the numbers were 1.29% and 11.80% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, FINPIPE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FINOLEX INDUSTRIES LTD. stock right from TradingView charts — choose your broker and connect to your account.
FINPIPE reached its all-time high on Apr 26, 2024 with the price of 279.50 INR, and its all-time low was 203.65 INR and was reached on Mar 14, 2024. View more price dynamics on FINPIPE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
As of May 4, 2024, the company has 4.33 K employees. See our rating of the largest employees — is FINOLEX INDUSTRIES LTD. on this list?
We've gathered analysts' opinions on FINOLEX INDUSTRIES LTD. future price: according to them, FINPIPE price has a max estimate of 281.00 INR and a min estimate of 182.00 INR. Watch FINPIPE chart and read a more detailed FINOLEX INDUSTRIES LTD. stock forecast: see what analysts think of FINOLEX INDUSTRIES LTD. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FINOLEX INDUSTRIES LTD. EBITDA is 5.93 B INR, and current EBITDA margin is 7.65%. See more stats in FINOLEX INDUSTRIES LTD. financial statements.