LUXIND trade ideas
LUX INDUSTRIES CURRENT PRICE 1730.00LUX INDUSTRIES retraced approximately 0.786 of A to B up move, Now too the same retracement of approximately 0.786 is on charts. Will history repeat itself. Once stock start trending upside a huge upside potential cannot be ignored. Strict stop loss to be maintained. Keep watch
Investing ideas on Lux industry - SWOT Analysis LUX INDUSTRIES
61% fall from 52weeks high
SWOT analysis on LUX
(Strength )
- High growth stocks with promoters increasing shareholding
- Promoters increasing shareholding QoQ
- Rising Net Cash Flow and Cash from Operating activity
- Company with Low Debt
- Annual Net Profits improving for last 2 years
- Book Value per share Improving for last 2 years
- Company with Zero Promoter Pledge
(Weakness)
- MFs decreased their shareholding last quarter
- Decline in Net Profit with falling Profit Margin (QoQ)
- Decline in Quarterly Net Profit with falling Profit Margin (YoY)
- Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
(Opportunity)
- Stock in the buy zone based on days traded at current PE and P/BV
- Rising delivery percentage compared to previous day
- Undervalued growth stock
(Threat )
- Degrowth in Revenue, Profits and Operating Profit Margin in recent results (QoQ)
- Increasing Trend in Non-Core Income
Investor can consider accumulating here with stoploss 1500, to double the return in a year or two
LUX INDUSTRIES ACCUMULATIONMakkale we got another scrip from textilte sector and it's in hosiery business. Yes, we've to choose different sectors for long term purpose which is ''Diversifiy" our portfolio. I beleive that when the population increases and the hosiery business tend to emerge.
The scrip is none other than '' LUX INDUSTRIES'' wait for the marked levels and start accumulating first 30% here after the confirmation.
Do your own research also. CHEERS!!
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Is LUX a good long term investment call right now?This post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry point.
NSE:LUXIND
Lux Industries Limited was incorporated in 1995 and has emerged as one of the largest players in the hosiery business having a market share of 14% of the organised industry. It is the largest mid-segment hosiery enterprise in India. The Company has more than 100 products across 16 brands to address the growing need of customers. Company’s products are available in ~4,50,000 retail points spread across India.
Why is it a good buy right now?
Average ROE (Return on Equity) for last 3, 5, 7 and 10 years is greater than 30%
5year CAGR (Compound annual growth rate) Sales and Profit at 16% and 40%
TTM (Trailing 12 months) Sales and Profit growth at 30% and 67%
Promoter Holding at 74% (greater than 45% is good)
Dividend Yield at 0.49% (consistent dividend payer)
Debt to equity at 0.12 (less than 1 is good), Interest Coverage at 51.5 (greater
than 3 is good), Current ratio at 2.78 (greater than 1.5 is good), FCF to CFO at 71%
(company won’t have to raise debt for expansion)
Debtor Days came down from 132 in 2018 to 85 in 2021
Current PE at 19.4 is much lesser than 10-year average PE of 31
It is currently trading at a long-term support point. If anyone consider it for buying, put only 3% of your capital right now, buy with another 3% if it falls another 40% and invest the rest 4% (don't invest more than 10% of your entire capital in one stock) when the share closes at a 52 week high.
Bearish pennantAs stock gave more bearish signal and stock is approaching and trying to make an bearish pennant for short selling stock is going to be good if the stock break the support of 2803 and sustained down the we can keep a target down side till 2650 which is last swing .
investing in market is subjected to market take risk accordingly do your own independent analysis
thank you .happy investing ,
LUX INDUSTRIES SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Lux Industries - Ready for an bullish move.
Price Action Analysis - Lux Industries is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
Lux Industries(2-Feb-2022)
Buy - 2850
Target - 2950, 3065, 3165
SL - 2750
The Finwiser 📈📊