SKMEGGPROD - Keep an eye on this stockPrice consolidate since March 2024 and it seems ready to breakout the triangle pattern. But only problem I see is it is below the 200 EMA today. Lets see it is gonna breakout the Triangle in Weekly Timeframe.
16.15 INR
854.16 M INR
7.01 B INR
11.13 M
About SKM EGG PROD EXPORT(I) LTD
Sector
Industry
CEO
S. K. M. Shree Shivkumar
Website
Headquarters
Erode
Founded
1995
ISIN
INE411D01015
FIGI
BBG000BRZNY1
SKM Egg Products Export (India) Ltd. engages in the manufacture of egg products. Its products include egg powder, bakery mix, and liquid egg. The firm operates through the following business segments: Manufacturing and selling of eggs; and Trading of feed ingredients. The company was founded by S. K. M. Maeilanandhan on April 6, 1995 and is headquartered in Erode, India.
SKM Eggs potential multibagger---Most of the details are mentioned on the chart itself!---
Technical Analysis:
Stock has corrected more than 50-60% after reaching ATH last year.
Currently it is at good support levels and might be in accumulation phase.
Breaking this support zone will be crucial and you must check quarterly/Year
SKMEGGPROD 269 is Good He stock is coming to test it's weekly support level zone.
A weekly closing above 260 can bring more bullish momentum.
This is not a BUY/SELL recommendation.
This idea is for EDUCATIONAL purpose only.
Study & Earn
SKM EGGS for risk takers Stock have given has given 45% returns in last 5 trading sessions.
Rs300 to 280 can be a good price to enter, but risk takers can enter at any point.
Company delivered good profit growth of 127% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Com
SKM EGG PRODUCTS Positional LongDate : 03-03-2024
Buy SKM EGG PRODUCTS above 291
Target of 318-342-398-424-453-474-498-548-648
SL 243
Strategy : Trendline Reversal- bottom pick
Duration few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
BUY "SKMEGGPROD"SKM Egg Products Export (India) Ltd is engaged in the manufacture and sale of egg powder and liquid egg with varieties of blends used in various segments of the food industry and in the health sector.
Market Cap
₹ 1,094 Cr.
Current Price
₹ 415
High / Low
₹ 560 / 121
Stock P/E
9.07
Book Value
₹ 95.6
Skm Egg Products Export (india) Limit - Long Setup, Move is ON..#SKMEGGPROD trading above Resistance of 487
Next Resistance is at 556
Support is at 285
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buyin
All Time High - Blue SkyThe price breached an ascending triangle pattern and is above its ATH price. It was locked in upper circuit on Friday close.
Always trade with proper position sizing and put a stoploss in the system.
Skm Egg Products Export (india) Limit - Long Setup, Move is ON..#SKMEGGPROD trading above Resistance of 351
Next Resistance is at 487
Support is at 225
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of SKMEGGPROD is 256.40 INR — it has decreased by −2.05% in the past 24 hours. Watch SKM EGG PROD EXPORT(I) LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SKM EGG PROD EXPORT(I) LTD stocks are traded under the ticker SKMEGGPROD.
SKMEGGPROD stock has risen by 0.43% compared to the previous week, the month change is a 5.00% rise, over the last year SKM EGG PROD EXPORT(I) LTD has showed a −32.70% decrease.
SKMEGGPROD reached its all-time high on Sep 5, 2023 with the price of 560.40 INR, and its all-time low was 2.25 INR and was reached on Dec 29, 1999. View more price dynamics on SKMEGGPROD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SKMEGGPROD stock is 3.34% volatile and has beta coefficient of 1.27. Track SKM EGG PROD EXPORT(I) LTD stock price on the chart and check out the list of the most volatile stocks — is SKM EGG PROD EXPORT(I) LTD there?
Today SKM EGG PROD EXPORT(I) LTD has the market capitalization of 7.02 B, it has increased by 3.33% over the last week.
Yes, you can track SKM EGG PROD EXPORT(I) LTD financials in yearly and quarterly reports right on TradingView.
SKMEGGPROD net income for the last quarter is 86.40 M INR, while the quarter before that showed 120.90 M INR of net income which accounts for −28.54% change. Track more SKM EGG PROD EXPORT(I) LTD financial stats to get the full picture.
Yes, SKMEGGPROD dividends are paid annually. The last dividend per share was 2.50 INR. As of today, Dividend Yield (TTM)% is 0.94%. Tracking SKM EGG PROD EXPORT(I) LTD dividends might help you take more informed decisions.
SKM EGG PROD EXPORT(I) LTD dividend yield was 1.16% in 2023, and payout ratio reached 7.71%. The year before the numbers were 1.92% and 8.67% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 13, 2024, the company has 229.00 employees. See our rating of the largest employees — is SKM EGG PROD EXPORT(I) LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SKM EGG PROD EXPORT(I) LTD EBITDA is 623.70 M INR, and current EBITDA margin is 17.75%. See more stats in SKM EGG PROD EXPORT(I) LTD financial statements.
Like other stocks, SKMEGGPROD 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 SKM EGG PROD EXPORT(I) LTD stock right from TradingView charts — choose your broker and connect to your account.
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 SKM EGG PROD EXPORT(I) LTD 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 SKM EGG PROD EXPORT(I) LTD stock shows the buy signal. See more of SKM EGG PROD EXPORT(I) LTD 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.