Manganese Ore mine clients = SAIL, JSW, Berry Alloys, Acore Industries Iron Ore mine clients = JSW, BMM, MIEPL, MPL Ferro Alloys clients = Metal IMPEX, BMM, Berry Alloys, JSW Coke & Energy clients = ArcelorMittal, Kalyani steels, JSW, SLR Metaliks, Mukand, Kirloskar Ferrous ++ CAGR - 20% last 5 years, IV-406, BV-123, FII++, DII++, Public-- -- Sales, Net Profit,...
CMP 1655 Add on dips 1500 & 1370 Targets 1850-2000-2100-2200 Dont miss to LIKE / BOOST & Share the idea For more info - Plz visit my Profile Regards, Naresh G SEBI Reg. RA
Sandur Manganese & Iron Ores (SMIORE) is involved in mining of low phosphorous manganese and iron ore in the Hospet-Ballari region of Karnataka. It is the flagship company of the Sandur group which was promoted by the former ruler of the princely state of Sandur. It is the fifth-largest iron ore miner in Karnataka and the largest private miner of manganese ore in...
Even after a weak result, stock is about to break 4 month of consolidation
With iron ore prices rising again and demand improvement + the company has applied to extract additional capacities this should do well for the company. Long above 1035 with a stoploss below 1000. THere will be a breakout above the AVWAP of the entire downmove which has been the recent resistance.
With Iron Ore again trying to regain strength post China opening, expect some action here. The stock broke out even while general markets were weak.. It also did a retest and now could move to the AVWAP of the entire downmove which is around 1030. Can initiate a small position here and double up above the AVWAP which could mean a complete trend reversal. SL...
LONG TERM TRENDLINE. Horizontal resistance stays at 750. Exit if breaks the trend line. Safe entry once it starts closing above 750.
Educational purpose only Investment pick #SANDUMA_BSE #SANDUMA SANDUMA wait for breakout
#Sandhur Magnese iron cash 19.07.2022 Looks good for investment at cmp and dips 2750-2850 zone in dips current price 2950-60 for target 3400/4200 W pattern formation breakout seen in stocks with volume
I am not a SEBI stock research analyst this recommendation is only for education purpose buy at current price level with immediate target 10% +, SL any candle close below current candle, this recommendation is basically based on demand zone and breakout zone create at current level
#SandurManganese Cmp : 2275 Mcap : 2028 Eps : 467 P/e : 4.87 This can be a good investment opportunity looking at some following financials: After completion of major debt-funded capex, earnings started picking up from march 21 quarter. With fixed assets (near 800 cr) this huge (compared to past) & strong operating margins, the company is set to deliver some...
Post a fantastic up move stock has gone sideways and consolidating. Stock has critical resistance at 2200.. Need a breakout and close above it for it to start fresh trend. B group stock.. No fundamental view. Honestly first time came across this stock. Hence do your own research as well.
Educatinal idea buying zone - 2260 -2373 sl--2144 target-2780
There is no guarantee in stock market and Nothing over week Always Invest or trade according to your loss bearing capacity STOCK FOR EDUCATIONAL PURPOSE ONLY Sandur Manganese & Iron Ores Ltd. @ 2135 with target of 2180 CMP IS 2113.65. STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ 1875. Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis...
Commonly referred to as PEG (Post Earnings Gap marked with the circle) where the earnings have increased by such a high quantum that it surprises the market and opens with a large gapup. Additionally its peers have been getting environmental clearances to increase mining capacities. They are among the few 5 star rated miners in our country so if others have got...
- Sandur had EPS of Rs.160+ for FY 2020-21. At that time iron ore price was 2400-2700. The EPS of June quarter itself is 165. - Capacity expansion permission likely to be received before Dec 2021 as per concall, which will double the capacity. - If iron ore prices sustain at current levels of 7000, EPS will be 1500/= against current share price of 2130. Note:...
The stock already made an ATH breakout and now is in momentum. Its underlying commodity iron ore prices holding firm and even rising. The bigger trigger would be if they get environment approval for expansion of their mining operations. Technically a wedge pop could happen as early as tomorrow (Monday) Long above 2118. SL Below 2090. (or ideally 5-7% lower...