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CANTABIL RETAIL LTDCANTABIL RETAIL LTDCANTABIL RETAIL LTD

CANTABIL RETAIL LTD

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CANTABIL trade ideas

Bullish Triangle Pattern Breakout seen in Garments mfg. stockHello Everyone, i hope you all be doing good. I have brought a stock which has given bullish triangle pattern breakout. Stock name is Cantabil Retail India Ltd and it was incorporated in 1989 and started its readymade garments manufacturing and retailing business in the year 2000. Product Portfolio & Revenue Split 9MFY24 Men’s Wear (83%) - Formals, Casuals, Ultra Casuals, Woollen, Knitwear Women’s Wear (10%) - Shirts, Tops, Leggings, Kurtas, Kurtis, Capri, Pants, Jeans Kids Wear (3%) - Shirts, T-shirts, denim, trousers, Culottes, dresses, tops, jeggings, shorts Accessories (4%) - Innerwear, Belts, Socks, Ties, Handkerchief, Deo, etc. Technically stock has given neat and clean breakout of bullish Triangle pattern, Indicators like MACD & RSI started giving bullish crossover on chart. Price is above 200-DEMA. NOTE:- (I have not placed any indicators on chart just to keep chart neat and clean, but certainly i have done my analysis with indicators) Market Cap ₹ 2,450 Cr. Current Price ₹ 293 High / Low ₹ 310 / 181 Stock P/E 40.1 Book Value ₹ 39.0 Dividend Yield 0.31 % ROCE 18.0 % ROE 22.3 % Face Value ₹ 2.00 Industry PE 31.3 Debt ₹ 336 Cr. EPS ₹ 7.44 Promoter holding 74.1 % Intrinsic Value ₹ 131 Pledged percentage 0.00 % EVEBITDA 16.4 Change in Prom Hold 0.81 % Profit Var 5Yrs 37.4 % Sales growth 5Years 16.4 % Return over 5years 44.2 % Debt to equity 1.03 Net profit ₹ 62.2 Cr. ROE 5Yr 22.8 % Profit growth -9.09 % Earnings yield 3.82 % 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.
NSE:CANTABILLong
by TraderRahulPal
2
CANTABIL : Breakout Stock#cantabil #breakoutstock #rangebreakout #trendingstock #Momentum CANTABIL : (Short term: 1-3 Months) >> Range Breakout >> Momentum Stock Pick >> Trending setup >> Good Strength & Volumes >> Risk Reward Favorable Swing Traders can Lock profit at 10% and keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/Stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:CANTABILLong
by moneyfesttrading
CANTABIL bullish; above 251 ? - Monday 1-July.The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation.It is purely for educational purpose....
NSE:CANTABIL
by JJ_Breakouts
Don’t Miss This Stock Giving Breakout from Long-Term Downtrend ✅The stock has been in a long-term downtrend within a descending triangle but has recently shown signs of breaking out above the descending trendline. This breakout indicates a potential bullish reversal, supported by a 2.8-year-old strong support level. ✅ Immediate support around ₹220, aligning with the lower trendline and strong support level. This provides a robust base for potential upward movement. ✅ Noticeable increase in volume with the breakout above the descending trendline, signaling strong buying interest and supporting the bullish outlook. ✅ RSI is currently at 57.08, trending upwards and indicating increasing bullish momentum without being overbought. The MACD histogram shows rising bullish momentum, with the MACD line crossing above the signal line, suggesting a buy signal.
NSE:CANTABILLong
by Marketik
Cantabil Retail India Ltd || Investment stock Pick for long TermAbout Company:- Cantabil Retail India Ltd was incorporated in 1989 and started its readymade garments manufacturing and retailing business in the year 2000. Market Cap ₹ 1,652 Cr. Current Price ₹ 1,011 High / Low ₹ 1,595 / 800 Stock P/E 28.2 Book Value ₹ 111 Dividend Yield 0.25 % ROCE 21.8 % ROE 26.8 % Face Value ₹ 10.0 Debt ₹ 300 Cr. EPS ₹ 35.8 PEG Ratio 0.50 Promoter holding 75.0 % Intrinsic Value ₹ 539 Pledged percentage 0.00 % EVEBITDA 12.1 PROS Company is expected to give good quarter Company has delivered good profit growth of 56.1% CAGR over last 5 years Well Stock is good and trading at discounted price, it can give you huge returns as business model is really futuristic, let me tell you more about this ticker like product portfolio, online revenue, Expansion, focus etc.. Product Portfolio Men’s Wear (86%) - Formals, Casuals, Ultra Casuals, Woollen, Knitwear Women’s Wear (9%) - Shirts, Tops, Leggings, Kurtas, Kurtis, Capri, Pants, Jeans Kids Wear (2%) - Shirts, T-shirts, denim, trousers, Culottes, dresses, tops, jeggings, shorts Accessories (3%) - Innerwear, Belts, Socks, Ties, Handkerchief, Deo, etc. Online Revenues As of now, online sales generate 1% of the company's total revenue and the Company expects online business to grow to nearly 5% in the next 3-4 years. But the Co. is focused on expanding via brick-and-mortar stores especially in the tier 2 and tier 3 cities and towns. Manufacturing Capacity The company has established a 1.5 lakh sq.ft. state of an art manufacturing facility in Bahadurgarh, Haryana with a capacity to produce 10 Lakh garment pcs./p.a viz, equipped with best brand machines from JUKI, Durkopp, Brother, Ngai Shing, Kansai, Pfaff, Maier, Siruba, Sako and latest finishing equipment using hot and cold steam foam finishers from Veit and Macpi. Expansion In FY22, Company added 58 new stores and invested in building a new multi-floor warehousing facility cum corporate office to make it hassle-free and improve controls over inventory and warehousing management significantly. Distribution Network The company sells its products under its brand Cantabil, Kenaston, Crozo, and Lil Potatoes through 378 Showrooms/ Stores and 414 Outlets in 18 states. Asset Light Model The company operates with an asset-light model wherein only about 1/3rd of the apparel are manufactured in-house at its fully integrated facility in Bahadurgarh. And sources another 1/3rd of its requirements from dedicated job workers and the balance ~1/3rd is purchased on a FOB basis directly from manufacturers. Focus The company is focused on expanding via brick-and-mortar stores in the country especially targeting the tier 2 and tier 3 cities and towns where it gets to take advantage of the first mover benefit. I have done my analysis about this ticker. Stock is looking attractive at these levels. So if anyone wants to go long can go for target of 1600 and keep stop loss at 800,,but this is kind of stock where you can create wealth in long term. Disclaimer:- I already have investment in this from down levels and i am holding this for long term. If anyone likes my work then please like, follow and comment. Thankyou:-))
NSE:CANTABILLong
by TraderRahulPal
CANTABIL breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop after a consolidation in 7th february 2022, NSE:CANTABIL gave a breakout on 1st April 2022. This breakout came on the backdrop of quarterly sales growth of 35%, quarter profit growth of 134%, TTM sales growth of 32% and TTM profit growth of 436%. It is a buy with a stop just below Rs.925. Other fundamentals: 1. CANTABIL caters to the middle class with over 300 stores across India. It markets its products under the following brands: CROZO is an exclusive brand for women. Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years with high fabric quality and a soft hand feel. KANESTON is present in the hosiery industries and deals in men’s accessories like innerwear, ties, deo, etc. 2. It has 378 Exclusive Brand Outlets. 3. It entered the e-commerce space through Flipkart, Amazon, etc. in FY20. 4. Its target is to reach over 650 stores with a target turnover of Rs.1000 crores by 2025 by providing the best brand mix. 5. Debtor days improved from 23 in March 2019 to 6 in March 2021. 6. Promoter holdings increased from 74.23 in September 2020 to 74.81 in December 2021.
NSE:CANTABILLong
by akashbothra
2