- Rebound from the upper layer of the weekly channel
- MACD showing weakness
- Negative Volume are on the rise
- RSI is still showing positive divergence on weekly chart, byt negative divergence on weekly chart
- Target of Rs. 250 by September
Inox Leisure has given a breakout above 326 which was it's resistance since Feb'18. The breakout is accompanied by above average volume and ADX is above 40 which is a very bullish sign. If I go by it's trailing twelve months financial figures then this company registered revenue growth of 17%, operating profit growth of 34% and EPS growth of 149% and it's PEG...
The stock is near its all-time high with good price momentum building up. Sales have been growing at 12% average growth. however, the surprise is on the earnings side with 61% average growth. Margins have been steady in a 5 % range for the past 4 years. I have initiated a pilot position and will add more on further price strength and March 19 annual results.
This stock has been showing accelerated earnings and very strong EPS growth. The price is also showing good strength, it has been trending up since mid-December. Price is above 50 and 20 ema, both the ema's are slanting upwards. Institutions have also increased their holdings. This stock has a very healthy mix of sales growth, EPS growth, profit growth and ROE of...
Inox Leisure Ltd. engages in the operation of of multiplex cinema theatres. Its portfolio includes 139 multiplexes, and 574 screens in 67 cities. The company was founded on November 9, 1999 and is headquartered in Mumbai, India.