Sharda Motors - Long term Idea Multi-year break out from 950 levels
PE = 16 , less than IND PE 31
PEG < 1
Almost Debt-free
Good ROCE, ROE numbers
Profit is growing around 20%
EPS - 10x in 10 years, 3x in 5 years
91.95INR
2.08 BINR
27.00 BINR
7.63 M
About SHARDA MOTOR INDUS
Sector
Industry
CEO
Aashim Relan
Website
Headquarters
New Delhi
Employees (FY)
3.3 K
Founded
1986
ISIN
INE597I01028
FIGI
BBG004LHT7M9
Sharda Motor Industries Ltd. engages in the manufacture and trade of automobile components. The firm specializes in motor vehicles parts such as suspension, silencer, exhaust pipes, car seats frame and seats cover, and others. Its services include exhaust system, suspension system, and seat trim and seat frames. The company was founded by Narinder Dev Relan on January 29, 1986 and is headquartered in New Delhi, India.
Buy Call For SHARDAMOTRFundamentally strong stock trading on strong uptrend trendline.
Good for Long Term Investing.
#SHARDAMOTR Minnor VCP BO in DTFStock is in Stage 2
DTF formed a small VCP BO with a volume
minore volume dries up before BO
RS Line making 52WH
MACD Crossover
EMA rule in, pleace
Mindset: set up is there i have to take it
cause of market condition will enter wiht 50% QTY
SHARDAMOTR | Add To Watchlist📊 DETAILS
Sector: Auto Ancillaries - Spare Parts & Accessories
Mkt Cap: 4,214 cr
Sharda Motor Industries Ltd is primarily engaged in the manufacturing and assembly of Auto Components and White Goods Components.
TTM PE : 17.29 (Average PE)
Sector PE : 50.06
Beta : 0.80
📚 INSIGHTS
Sharda MotorsSharda Motors. Auto ancillary. Good fundamentals. 1.7Y consolidation and breakout. 30-40% upside potential
Cons: FY23 (-)OCF, High working capital
Disclaimer: Educational. Not invested
Resistance Breakout - SHARDAMOTPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please n
Sharda Motor- Breakouts on many fronts.It has retraced weekly trendline after break.
This is just for educational purpose.
Target 1 : 1100
SHARDA MOTOR BREAKOUTAs you can see this stock has just breakout of its very crucial resistance i.e, 950. And after forming ascending triangle it gives this breakout. This makes it a good swing trade setup.
This analysis is just for educational purpose. Do your own research before investing in any securities.
SHARDAMOTR | Strong channel breakout - Potential for 50-60%SHARDAMOTR | Strong channel breakout - Potential for 50-60%
CMP : 977 (Dip : 900)
SL : 820
Target : 1500, 1650
1:4++ risk reward setup
Long Sharda MotorsSharda motors has given weekly breakout . buy between 1033 - 980 . Exit if closes below 950
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Frequently Asked Questions
The current price of SHARDAMOTR is 1504.00 INR — it has decreased by 5.42% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SHARDA MOTOR INDUS stocks are traded under the ticker SHARDAMOTR.
SHARDA MOTOR INDUS is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
SHARDAMOTR stock is 6.36% volatile and has beta coefficient of 1.09. Check out the list of the most volatile stocks — is SHARDA MOTOR INDUS there?
Yes, you can track SHARDA MOTOR INDUS financials in yearly and quarterly reports right on TradingView.
SHARDAMOTR stock has fallen by 3.80% compared to the previous week, the month change is a 26.28% rise, over the last year SHARDA MOTOR INDUS has showed a 138.56% increase.
SHARDAMOTR net income for the last quarter is 759.72 M INR, while the quarter before that showed 800.97 M INR of net income which accounts for −5.15% change. Track more SHARDA MOTOR INDUS financial stats to get the full picture.
Today SHARDA MOTOR INDUS has the market capitalization of 47.22 B, it has increased by 0.38% over the last week.
Yes, SHARDAMOTR dividends are paid annually. The last dividend per share was 17.27 INR. As of today, Dividend Yield (TTM)% is 1.09%. Tracking SHARDA MOTOR INDUS dividends might help you take more informed decisions.
SHARDA MOTOR INDUS dividend yield was 3.09% in 2022, and payout ratio reached 24.65%. The year before the numbers were 1.09% and 16.24% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SHARDAMOTR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHARDA MOTOR INDUS stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 3.30 K employees. See our rating of the largest employees — is SHARDA MOTOR INDUS on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHARDA MOTOR INDUS technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHARDA MOTOR INDUS stock shows the strong buy signal. See more of SHARDA MOTOR INDUS technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHARDA MOTOR INDUS EBITDA is 3.43 B INR, and current EBITDA margin is 10.68%. See more stats in SHARDA MOTOR INDUS financial statements.