IndotechGood time to accumulate in the correction zone with strong support of ATM trendline.
Can use it as an opportunity.
Long consolidation and confirm breakout.
Sales and profit multiply many times since last ATH long consolidation.
Next report date
Report period
Q4 2023
EPS estimate
—
Revenue estimate
—
38.20INR
257.02 MINR
3.71 BINR
2.54 M
About INDO TECH TRANFORM
Sector
Industry
CEO
Shridhar Gokhale
Website
Headquarters
Kancheepuram
Founded
1976
ISIN
INE332H01014
FIGI
BBG000D4R1M0
Indo Tech Transformers Ltd. engages in the manufacture and sale of transformers. Its products include distribution, power, large power, and skid mounted substations transformers. The company was founded in 1976 and is headquartered in Kancheepuram, India.
Indotech's clear setup for a new highIndotech is all fresh to make a new high, combined with the fantastic quarterly numbers and industry tailwinds it isn't here to rest!
INDOTECH: Resistance BrokenNSE:INDOTECH has broken 6 year of resistance. Long trade can be taken after closing of candle above the resistance.
Breakout in INDOTECH in Weekly TimeframeBreakout in INDOTECH in Weekly Timeframe
Entry: 226
Target 1: 285
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
@GPottabathni --- Indo Tech Transformers The results were good YoY. Consistent performance through out quarter wise. I am not bearish until the box is not broken down. I am long in this stock. This is a short term correction.
@GPottabathni - Tweet - Target 300The results have not yet been published. Waiting!!!!
However, the company has consistently been posting improving and increasing figures (profits and sales) for the last three quarters. If QoQ net profit is around 10 - 12 crores and the annual profit is about 28 - 30 crores, then the price will bla
INDO TECH TRANSFORMERSYesterdays movement has given a good Price Volume Breakout. Target of 270 looks possible in this month. However 300 should not be ruled out which is the recent high.
Indo Tech TransformerThis result expected good. May give a breakout about 250 which needs to be sustained for upmove till 350 and 450.
Trade Opportunity - Buy IndotechCup and Handle on Weekly TF
Huge Volume breakout
CMP - 285
TGT - 300/320
SL - 260
Pls follow proper risk management while trading.( Follow SL strictly )
Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your pr
Long Indo Tech TransformerBuy CMP
Target 240-280 +
BO on chart
momentum with volume
Financial improving from last 2 years
Only for educational purpose
See all ideas
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Frequently Asked Questions
The current price of INDOTECH is 1778.55 INR — it has decreased by 4.89% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange INDO TECH TRANSFORMERS LTD. stocks are traded under the ticker INDOTECH.
INDO TECH TRANSFORMERS LTD. is going to release the next earnings report on May 16, 2024. Keep track of upcoming events with our Earnings Calendar.
INDOTECH stock is 10.50% volatile and has beta coefficient of 1.34. Check out the list of the most volatile stocks — is INDO TECH TRANSFORMERS LTD. there?
Yes, you can track INDO TECH TRANSFORMERS LTD. financials in yearly and quarterly reports right on TradingView.
INDOTECH stock has risen by 11.17% compared to the previous week, the month change is a 78.03% rise, over the last year INDO TECH TRANSFORMERS LTD. has showed a 773.34% increase.
INDOTECH net income for the last quarter is 106.80 M INR, while the quarter before that showed 70.70 M INR of net income which accounts for 51.06% change. Track more INDO TECH TRANSFORMERS LTD. financial stats to get the full picture.
Today INDO TECH TRANSFORMERS LTD. has the market capitalization of 19.86 B, it has increased by 27.04% over the last week.
No, INDOTECH doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, INDOTECH 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 INDO TECH TRANSFORMERS LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So INDO TECH TRANSFORMERS LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating INDO TECH TRANSFORMERS LTD. stock shows the strong buy signal. See more of INDO TECH TRANSFORMERS LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. INDO TECH TRANSFORMERS LTD. EBITDA is 542.90 M INR, and current EBITDA margin is 10.02%. See more stats in INDO TECH TRANSFORMERS LTD. financial statements.