A stock which gave a great result and growth is around the corner. Long at a bounce around 3600 and then above 4050. The first stoploss would be 3300.
It is engaged in the business of manufacturing Electronics & Telecom and Power & Distribution transformers. Market Cap 2,310 Cr. ROCE 53.8% InstHold 3.17% Growth YOY Sales 77.9% Profit 167% Consolidation Breakout with Volume into blue sky .
As per Stan Weinstein's Stage analysis analysed on 10 year graph chart on fundamental analysis + technical analysis From April 2022 stock picked up Volume & Price action towards Strong uptrend 1.Avg. sales of 2022 to 2023 is 280 crore (60% towards uptrend) 2.Avg. of consecutive 2 year EBITA stands @130% 3.The average OPM for the past 5 years is 12.4%. 4.In...
Manufacturers of Electronics & Telecom and Power & Distribution transformers. It was founded in 1990 to manufacture R-core transformers. In 1995, after an overwhelming response from the market, we ventured into the manufacturing of Ferrite transformers. As part of our expansion plans, we started manufacturing Distribution and Power Transformers in a phased manner...
#SHILCTECH SHILCHAR Technologies Limited The Week gonna be interesting. As it formed doji candle on daily chart. Constantly rising profits last 5 years. From 80-140% upside is possible in next 2-3 years. View - HOLD. Trailing stops with 20-50MA. Can be aaded more above 2900 IF CLOSES ABOVE this on WEEKLY chart. Hope this helps. Thanks for being here. 😊🙏
-It is engaged in the business of manufacturing Electronics & Telecom and Power & Distribution transformers. -Market Cap 1,579 Cr ROCE 53.8% Institutional Stake 1% -Growth YOY Sales 78% PAT 167% OPM 28% -Nearning Pivot.
Fundamentally very strong stock. Entry and exists according to own analysis and capacity.
BUY - SHILCHAR TECHNOLGIES CMP - Rs. 1805 Target - 1: Rs. 2250 Target - 2: Rs. 2650 Target - 3: Rs. 2990 . . Technicals - Bullish Triangle Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!