Aayush_Rungta

Aayush_Rungta

Chart is self explanatory. Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing

Aayush_Rungta

Chart is self explanatory. Vimta Labs is one of the well known food testing companies in India. As per Management guidance, 1. Company is targeting 500 Cr Revenue for 2026; and 2. Margin Expansion upwards of 30% At expected Revenue of 500 Cr and EBIT margins of 32% by 2026 - EBIT will be around 160 Cr and Net Profit 80 Cr at current NPM of 15% This equates...

Aayush_Rungta

Chart is self explanatory. Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing

Aayush_Rungta

TCPL Packaging has been increasing EPS consistently for 7 quarters now, and the share price has shown a steady Higher High/Higher Low pattern. With Increasing revenue, there has been margin expansion as well - Killer combination. Price has taken support at 50 day EMA before as well, and Relative strength seems good. It will be interesting to see if the share...

Aayush_Rungta

Chart is self explanatory. Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing.

Aayush_Rungta

Chart is self explanatory. The management is confident of maintaining & improving margins ( since increase in raw material prices are passed on to the customer ) with peak revenue potential of 1250 Crore from capex incurred ~ with expectations of 60% capacity utilization by 2025. At Existing 16% margins, 1250 Cr Revenue would roughly equate to around 200 Cr...

Aayush_Rungta

Chart is self explanatory. Important levels have been marked, and rationale explained. I am curious to see if the company can keep up the stellar performance record it has mantained QoQ and if the same will be rewarded by the markets. Note : This is not an investment advice, penny shares are very risky, and hence do your due diligence and research before investing.

Aayush_Rungta

Reliance has been trading in the range of 2250 and 2750 for a while now and has finally reached the price support region again. The formation of recent Doji in the market further confirm the indecisiveness in the market after the recent down move. A morning star pattern or a piercing pattern might further improve our confidence, with RSI bottoming out at 30 in...

Aayush_Rungta

There seems to be strong demand zone both trendline wise and horizontally at 1630 levels, and an immediate target of 1980 seems a probably case ~ 12% move from here. Good bounce from RSI 30 region in weekly, and MACD seems to be crossing bullish as well. The share seems to be priced on the lower end of the 10 year spectrum using PB ratio and PE ratios. Not an...

Aayush_Rungta

Pidilite has reached 120 day EMA and Multiyear Trendline support as well - I had pointed it out the last time it did so, and it went on to make 40% returns after that. This time its different. The company has been showing slowing sales growth, and suffering from increased crude volatility expectations. It reflects in its high PE of 94 against a 10 Year Median PE...

Aayush_Rungta

Asian Paints has been a consistent compounder in Indian decorative paints Industry. With increasing Crude Oil volatility expectation from February due to Russia's decision to not sell Crude Oil to countries respecting EU's $60 price cap, the share has corrected from 3600 to 2800 levels ~ 22% The recent earnings report further accentuated the concerns of...

Aayush_Rungta

Berger Paints is 2nd biggest player in Indian Paints Industry after Asian Paints, with great penetration in Industrial paints segment. The industry has been facing pressure from rising competition with entry of other players like Grasim. As a result of missing latest quarter estimates, the share has corrected from ATH of 872 to 580 levels ~ 35% down. I believe...

Aayush_Rungta

Defence Sector in India is in a sweet spot, with production and exports set to double in 3-4 years as per GOI's targets. HAL is the juggernaut in this space, and while the expansion will primarily benefit Private players, the assembly work for the final piece will be monitored by HAL mostly. I strongly believe that the technical setup and fundamental outlook...

Aayush_Rungta

Leading company in casino business. Good Q2, with visibility of cash flows ahead. Risks from an impending court matter over Daman casino. Good capex plans for future to start another Vessel by Q3 of next FY. Volumes are tightly squeezed in the right part of the pivot forming area, and an inside candle, or a breakout candle can be a good entry point, as even a...

Aayush_Rungta

Neckline breakout in Tata Communication. Following with close stop loss, will be interesting to see if it can make a meaningful upward thrust from here

Aayush_Rungta

All Cargo Logistics is India's leading logistics solution provider. If price sustains above neckline, it can trigger a fresh rally. There are looming risks from logistics slowdown from recession, which is evident from the Delhivery share price debacle recently. However, the technical set up is strong, and the company has shown strong growth at a relatively...

Aayush_Rungta

HFCL is one of the leading companies in optics fiber manufacturing for 5g sector in India. The company recently got approval for PLI schemes worth 652 crore as well. Once price breaks above the neckline, we can expect fresh rally. There is good volume spike as well on closing day, and it will be interesting to see if smart money inflow continues.

Aayush_Rungta

Sumitomo chemicals is an leading company in Indian Chemicals sector. The quarterly earnings of the company were strong, but due to short term regulatory changes, the share saw a downfall. One of its chemicals ~ 15% revenue had its usage restricted, but the management expects these headwinds to ease in the mid to long run. Overall valuations seem attractive,...