JYOTHY LABS LTD - FUNDAMENTALS & TECHNICALSJYOTHY LABS LTD NSE:JYOTHYLAB This is how they define themselves: In 1983, one man’s dream gave birth to Jyothy Labs in Thrissur, Kerala. MP Ramchandran had one goal: touching and bettering lives with innovation. From manufacturing and selling a single product to a household name in the category, Jyothy Labs has come a long way. With a turnover of about Rs . 1,800 Crores, we continue to grow as one of the country’s most trusted brands. Our products are priced affordably, packaged exceptionally and distributed nationally. Fundamentals: > It is a small cap company with a market cap of just Rs . 5,855 Cr . Not very small though. > The ROCE is at 17.8% and ROE is at 15% which is good considering the size of the company. > Stock P/E is at 29 which makes the valuation attractive as compared to the main competitor HUL P/E at 69. > It is almost a debt free company, reducing its borrowings continuously on year on year basis, that's a very good sign from investment perspective. > Topline and bottomline both are very impressive. > Company has been maintaining a healthy dividend payout of 65% > It is increasing it's cash reserve on YOY basis, currently have huge cash reserve as compared to its borrowings. > The company has maintained its Operating Profit Margin (OPM) at or above 15% since last 5 years, that's again a positive sign. > Holdings: Promoters holding are intact at 62.89, FIIs and DIIs both have huge stake in the company very recently as compared to the it's pears. > Popular Brands: Henko, Ujala, Mr White, Maxo, Pril & Margo Technicals: > Stock looking very good on chart, its making rounding bottom pattern, one of the very profitable chart pattern and it is about to give breakout. > Trading above 100 DMA and about to break 200 DMA. > It is clear from volume at the bottom that lot of accumulation is going on in the company and bull run is around the corner. Fresh Buy - At CMP i.e. 158. Old Buy - HOLD First Target - 201 Second Target - 241 Happy Investing! Team ShareMktSchoolLongby ShareMarketSchoolUpdated 2
JYOTHYLAB#JYOTHYLAB First of all fundamentals are good. if it crosses 185, it will be a breakout from high made Pre-COVID time. also there is a gap in daily timeframe, and we need to concern about pullback or consolidation too.Longby EthicalTraders0
#JYOTHYLAB An inverted head and shoulders patternNSE: JYOTHYLAB Jyothy Labs has formed an inverted head and shoulders pattern. And with a very bullish volume, it has already given a breakout. Wait for a pullback and enter. Educational purpose only - Trade at your own risk. Good luck.Longby finbulltraders1
JYOTHYLAB is now 182 from 148On May 21 i shared to buy #JYOTHYLAB @ 148 with the target of 180. Today it has reached the target. Feeling very happy. Also i was conservative for the stock that it will give only 5 to 8% returns. Longby RetailSwingTraders2
Portfolio Pick: Jyothy LabsI have been pointing out at Jyothy labs since a long time and my conviction grows stronger and stronger as the price action forms new patterns and gives a breakout technically. #TradeTheTrend#PortfolioPick#TechnicalPick#MultiBaggerLongby skklnsk221
Cup Handle Pattern breakout Jyothy LabsWe can go long in Jyothy Labs with so many confirmations. Entry- If it Comes for Retest Enter @ 163 levels else enter above 170 levels with good confirmation. Tgt1- 184 Tgt2- 200 Sl- 158 >> Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** This is my view about Stock/Indices Based on Technical analysis & Price Action .The market cannot be accurately predicted or completely controlled, no investment is risk-free. >> Visit My Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Best Risk Reward Trades.Longby RavitejasreevatsavUpdated 3
Jyothylab Multiple BreakoutsBuy At Cmp 161 SL - 141.6 (Weekly Closing Basis) Target - 200/220Longby VisibleBeer7Updated 0
Jyothylab - Bumper Swing Set UpStock has been making string of higher highs and higher lows. Reversal from Golden Fibonacci levels of 61.8% in April Cup and Handle formation break out Swing : Levels mentioned in the chart Intraday : Good above 171 if doesn't open gap upLongby Novicetrader2015Updated 0
Jyothy Labs : Looking Good with Initial Target of 185Jyothy labs : CMP 168, Looking good to Buy with Initial target of 185 which is a Resistance also, Closing above 185.70 will move to 200. Good to hold for long termLongby StockChart_Analyst2
JYOTHYLABS, A Perfect BO.... By The_RedTicker There is also a Inverted Head and Shoulder and Ascending Triangle pattern (already Completed) in this chart... makes it messy if plotted all. Longby The_RedTicker119
JYOTHYLAB JYOTHYLAB (4TF):- 168.6 CMP, LOOKS GOOD FOR MORE UPSIDE ABOVE 170 :) 1) Horizontal Resistance Breakout Done :) 2) Volume Breakout Longby Charts_insiders11
Jyothy Labs: MultibaggerMaintain a very high market share in fabric care and dish wash with primary focus in the rural areas. Increase in the income of people in rural areas due to good monsoon, where agriculture is their primary occupation. Company is continuously reporting good set of financial numbers. Technically looking strong. #TradeTheTrend#PortfolioPick#MultiBagger#TechnicalPickLongby skklnsk0
Jyothy LabJyothy Labs Limited is an Indian Fast-moving Consumer Goods company that was started by M. P. Ramachandran in Thrissur, Kerala, in 1983. It was founded as a proprietary concern, manufacturing and marketing a single fabric care product, Ujala. Technically it breaks Strong resistance trendline and retested Successfully Buying at cmp 168 with CLBS 135 Tgt 185 200 220++ Note- Please do not take blindly any trade analyze at your end too, Thank you. Longby Mahesh_Walse0
BUY Jyothy Lab According to weekly chart anylasis its making rounding bottom pattern and this sign given stocks are in ready for bullish and today break the rounding bottom pattern and closed above. So we suggest for buying long term also. Buy @cmp And target for 185, 200, 250++ Longby babupagal0
SHORT TERM OPPORTUNITY to reach 167Strong Resistance at 165. If it can move beyond that another target is possible. Technicals are Bullish. Company is low debt. KEEP A WATCH ON SL Chart Study, Not a callLongby ArtofchartUpdated 3