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Shree Digvijay Cement Co. Ltd.Shree Digvijay Cement Co. Ltd.Shree Digvijay Cement Co. Ltd.

Shree Digvijay Cement Co. Ltd.

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Technical Analysis for Shree Digvijay Cement Co. Ltd. Chart Pattern: Breakout of Resistance Volume: Good volume, indicating strong market interest Entry Strategy: Buy at Current Market Price (CMP) ₹113 Stop Loss (SL): ₹92.3 for risk management Target: ₹180 Trade Duration: 6-month Swing Trade Monitor volumes and price action for confirmation. Adjust stop loss and strategies based on market conditions. #ShreeDigCem #TechnicalAnalysis #BreakoutTrading #StockMarket #SwingTrade #TradingStrategy #VolumeAnalysis
NSE:SHREDIGCEMLong
by hunterhunt777
Digvijay cement-A multibagger in making?Digvijay cement has given a beautiful cup and handle pattern breakout. Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame. Stock is looking very strong for a big bull run ahead. Stock has good fundamentals as well and can be held for long term as well. It is a good stock for multibagger investment as cement sector will definitely grow with growing infra and realty sector. Ratios at CMP are attractive PE ratio is around 18, Dividend yield is above 3%.Zero debt company. ROE, ROCE is above 20. Current ratio is above 1 and Price to sales is just around 2.
NSE:SHREDIGCEMLong
by chartistamey
SHREDIGCEM | Swing Trade📊 DETAILS Sector: Cement Mkt Cap: 1,365 cr Shree Digvijay Cement Company Ltd is primarily engaged in the business of manufacture and sale of cement. TTM PE : 23.03 (High PE) Sector PE : 54.99 Beta : 0.62 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 6.66% away from 52 week high Underperformer - Shree Digvijay Cement Company up by 7.62% v/s NIFTY 50 up by 8.63% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:SHREDIGCEMLong
by Munish_Jain
Shree Digvijay Cement- move towards 125This small cap stock has great potential. Forming a flag and pole on a monthly chart. Considering this is forming on monthly chart, the probability of moving towards 125-150 levels is very high post the breakout. 65-75 is a base for this stock now. Volumes in daily chart are also encouraging. We had found a similar chart on Gold some months back when it was trading around 49K and had posted that it would touch 60K(which it ultimately did). Similar trend is possible here in terms of pace and power.
NSE:SHREDIGCEMLong
by Chartworld1
Shree Digvijay Cement Company Ltd (Bullish) Shree Digvijay Cement Company Ltd:- FUNDAMENTAL ANALYSIS:- It was established on 06 Nov 1949 at sikka and is primarily engaged in the business of manufacture and sale of cement. It sells cement under its established brand 'Kamal Cement'. Sector - Cement & Construction Materials. Positive:- 1. Limestone Availability - Limestone was a major cause of concern for the company for a long time. It was successful in securing new limestone deposit mines and today has 20+ years of limestone for sustaining current production. It also plans to increase this availability to 50 million tonnes for future growth. 2. Productivity - The company's plant is an old plant and had hardly ever produced 1 million tons of cement on a sustained basis. During pandemic shutdown it carried out extensive repairs including repairs to its Waste Heat Recovery System and was successful in producing high clinker with a very high generation of power. In March 2021 company produced the highest ever 98,002 MT clinker and generated over 3 million units of power from WHRS approx 31% of power needs. 3. The Company focuses on generating and consuming more than 65% of its power requirements through green energy. 4. The company primarily sells its cement in the state of Gujarat through a network of 1,000+ channel partners. 5. It also owns and operates a captive sea port that can harbor and handle 3,000-5,000 DWT vessels along the jetty. The port can be used for the import and export of cargo for the co. and others. 6. Company has reduced debt . Its almost debt free now . 7. Stock is providing a good dividend yield of 5.22% . ROCE improving in last 2 years 8. Company has delivered good profit growth of 53.7% CAGR over last 5 years . Company's annual revenue growth of 24.39% outperformed its 3 year CAGR of 12.68% 9. Company has been maintaining a healthy dividend payout of 64.9% 10. Company has spent less than 1% of its operating revenues towards interest expenses and 5.99% towards employee cost in the year ending 31 Mar, 2022. TECHNICAL ANALYSIS:- Mkt Cap = 969.71 Cr EV = 885.67 Cr 52 week high = 88.00 52 week low = 47.10 Promotors HOLDING = 56.12% No Promotors pledged FII/FPI = 0.23 Face Value = 10 BV = 22.78 PBV = 2.95 DY = 5.21 ROE = 17.80 ROCE = 28.77 ROA = 11.89 PE = 19.12 Sector PE = 30.63 EPS = 3.51 EBITDA = 31.05 PBT = 23.13 PAT = 17.14 BETA = 1.22 Holding:- - True north fund holding 56.12% (80,825,928 shares) - LLP holding 4.91% - Anagha advisors 4.88% - Ican investments 2.24% - Hitesh Ramji 1.53% - Sharad kanayalal 1.46% These pers on 29th September increased stakes in this stock:- - Vikas kumar added 40k shares - Suresh kumar added 30k shares - Ramanujan added 50k shares - Premranjan added 35k shares - Parag Kumar added 30k shares - Gupta Jaideep added 39k shares - Narendrasinh added 51k shares FII/FPI decreased holding from 0.29% to 0.23% in June 2022 qtr. Support Zone from 60 to 64 Following trendline resistance. Buy 62 to 64 SL 59 Target 80 - 95 - 100 This stock may become future multibagger. These are my personal views. I may be wrong. Please analyse yourself and also consult with your financial advisor before investing.
NSE:SHREDIGCEMLong
by UnknownUnicorn37118674
FY21-22 Swing Trade Idea #194: Long on SHREDIGCEM This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
NSE:SHREDIGCEMLong
by Trabot_Solutions
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