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AMRUTAJAN HEALTH LTDAMRUTAJAN HEALTH LTDAMRUTAJAN HEALTH LTD

AMRUTAJAN HEALTH LTD

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AMRUTANJAN trade ideas

Ayurvedic Balm making stock has given Triangle pattern BreakoutHello everyone, i hope you all will be doing good in your life and your trading as well. I have brought a stock which has given breakout of Triangle pattern on weekly time frame, price is sustaining above 50 EMA since 3 weeks, MACD Has also given bullish crossover. There is higher probability we can see upside momentum in near term. Good thing about this stock is this is still trading at discount price, earlier it was trading almost at 50% discount, but recently it has given some upside momentum, still it's on discount around 40%. About company:- AHCL has been manufacturing ayurvedic balm for pain management since 1893, and is currently managed by the third-generation of promoters. The company is more than 120 years old and is into OTC products in the segments of pain management, women's hygiene, and packaged fruit juice drink. KEY POINTS High Market Share in Modern Trade Amrutanjan has maintained the No. 1 rank in Modern Trade in Head Category with the volume market share of 41.1%* in CY19. Product Portfolio The Co. offers a wide range of products in categories like pain management, congestion management, women’s hygiene, beverages, etc. Revenue Mix FY22 OTC Products - 92% Beverages - 8% Geographical Split FY22 Domestic - 98% Export - 2% Manufacturing Capabilities The Co. has 3 manufacturing units: 2 for its OTC products and 1 for beverages. It has a production capacity of 1,600 MT in the OTC manufacturing units. It is in the process of upgrading its beverage plant with state-of-the-art machinery. Entry into Oral Care Segment The Co. entered the oral care segment with Stop Pain Dental Gel to offer instant relief from tooth pain and swollen gums. Launch of Comfy Sanitary Napkins Amrutanjan entered the women's hygiene segment in FY14, and has scaled it up to a Rs. 50 cr - Rs. 100 Cr business in FY22. Distribution Network AHCL’s pain management products are available in ~12 lakh outlets across the country as of Q4 FY22. Comfy’s distribution has reached 3.5 lakh outlets. The Co. has invested in ‘Project M5K’ with the key objective to onboard 5,000 distributors, super stockists, and sub stockists. In FY22, the Company added around 150 super stockists and 1,200 sub-stockists to reach towns/ villages with fewer populations. Strategic Focus The Co. continues to focus on expanding distribution, enhancing global footprint, growing its E-Commerce vertical, and controlling costs. Market Cap ₹ 1,990 Cr. Current Price ₹ 681 High / Low ₹ 775 / 553 Stock P/E 45.2 Book Value ₹ 89.6 Dividend Yield 0.67 % ROCE 19.3 % ROE 14.3 % Face Value ₹ 1.00 Industry PE 31.9 Debt ₹ 0.66 Cr. EPS ₹ 15.1 Promoter holding 50.6 % Intrinsic Value ₹ 337 Pledged percentage 0.00 % EVEBITDA 30.0 Change in Prom Hold 0.00 % Profit Var 5Yrs 16.2 % Sales growth 5Years 11.5 % Return over 5years 16.4 % Debt to equity 0.00 Net profit ₹ 44.0 Cr. ROE 5Yr 21.9 % Profit growth 5.16 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
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NSE:AMRUTANJANLong
by TraderRahulPal
2
Amrutanjan Health Care Ltd | Momentum stockAmrutanjan Health Care Ltd AHCL has been manufacturing ayurvedic balm for pain management since 1893, and is currently managed by the third-generation of promoters. The company is more than 120 years old and is into OTC products in the segments of pain management, women's hygiene, and packaged fruit juice drink. Fundamentals: strong Market Cap₹ 2,238 Cr. Current Price₹ 774 Stock P/E 50.8 ROCE 19.3 % ROE 14.3 % Debt to equity 0.00 Promoter holding 50.6 % Industry PE 29.3 Quick ratio 2.86 Current ratio 3.22 Piotroski score 5.00 Profit Var 3Yrs 16.6 % Sales growth 3Years 13.2 % Return on assets 11.2 % This stock is fundamentally strong stock as well as its in momentum with high volume. keep eye on it and do more research on it. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and feel free to comment.
BSE:AMRUTANJANLong
by Momentuminvesting5540
Amrutanjan gap up weekly basis Amrutanjan finally gave a gap up move on a weekly basis . Had been long since falling from Nov 21. Finally a good pattern formed that can show some good momentum. Levels I am looking at is 688 as immediate resistance and then 747 which is the black line on the chart is a good resistance. If it breaks that and sustains then up levels can be 841-902-989-1014 with base levels of 613-591-557. It will also come down to fill that gap formed recently so its a longer horizon to look for. No recommendations, just my view based on chart pattern and momentum.
NSE:AMRUTANJANLong
by viki9
1
AMRUTANJAN : Booked a profit of 2.96% on the invested capitalThis is a stock I have been holding onto for a very long time. I bought it in different levels and summed up the total allocation to about 2.5% of the net capital. Then I stopped adding onto the position since that is the maximum allocation as per my trade plan, for a particular stock. But the average price level was not in a favorable position technically. Hence I decided to book profits as soon as the price went above my levels, since there are much better opportunities out there from a micro and macro economic perspective. The shareholding pattern shows less foreign institutional interest in the stock as of now. After promoter, retailers are the largest shareholders. This is not a good sign since retailers are the weak hands in the market. The valuation is also high as per the data available on tickertape. Considering all these factors, I do believe that it is not safe to hold on to the stock any further, at the current valuation. So decided to book profits and move on. Will consider a re-entry if price falls to the bottom of the channel but only after evaluating the fundamentals and financials at that point.
NSE:AMRUTANJANShort
by Sniper-Traders