A rounding base formation. Also I presume a IHnS in the making. Targets for the pattern are provided in green. Stoploss is a must to keep you safe.
Asahi India Glass Ltd. (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. Established in 1984, It was formed as a Joint Venture between The Labroo Family, Asahi Glass Co. of Japan and Maruti Udyog Ltd (now Maruti Suzuki India Ltd). AIS provides end to end...
Company manufactures barrier plastic rigid sheets, semi-rigid sheets for FFS application and thermoformed primary packaging products, and injection molded products for the dairy. Technically, I see a base formed with a IHnS pattern.
After the breakout from the descending channel, retest seems to be complete. This company needs no introduction. Right !!!
Purely technical analysis: I see a nice narrow consolidation. Call it a flag or a pennant, name doesn't matter. Structure has a meaning and it seems ready to break out. Short term Swing.
PPL offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 17 global facilities and a global distribution network in over 100 countries. It includes an integrated CDMO business, CHG business and ICH business, selling over-the-counter products in India. In addition, it has a joint venture with Allergan, a...
A quick 7-10% seems to be up for grabs. I like the pattern that has been forming for a while.
Retest and good base formation. Triangle pattern is clearly evident. Breakout is expected soon.
Ganesha Ecosphere Ltd is a leading PET Waste Recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun yarn and dyed texturised yarn in India. It was incorporated in 1987 as Ganesh Polytex Ltd and was renamed as Ganesha Ecosphere Ltd in October 2011. The co. is the largest PET bottle recycling co. in India,...
Annual Revenue rose 4.32%, in the last year to ₹3,624.89 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%. Quarterly Revenue rose 6.61% YoY to ₹901.94 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%. Annual Net Profit rose 13.13% in the last year to ₹723.53 Cr. Its sector's average net profit growth for the last...
Market Cap 7,425 Cr. Stock PE 31 vs Industry PE 31.6 ROCE 27.6 % ROE 33.5 % EBIDT growth 3Years 41.2 % ROIC 21.5 % EPS growth 3Years 61.3 % EPS growth 5Years 72.7 % EPS growth 7Years 32.2 % Earnings yield 4.11 % Promoter holding 66.5 % Pledged percentage 0 % PEG Ratio 0.43 Debt to equity 0.65 Piotroski score 5 Chg in FII Hold 0.50 % Gravita India to Lead...
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Annual Revenue rose 18.98%,...
Annual Revenue rose 2.65%, in the last year to ₹1,368.8 Cr. Its sector's average revenue growth for the last fiscal year was -8.71%. Quarterly Revenue rose 3.18% YoY to ₹394.81 Cr. Its sector's average revenue growth YoY for the quarter was -8.31%. Annual Net Profit rose 20.89% in the last year to ₹208.18 Cr. Its sector's average net profit growth for the last...
A nice cup and handle formation on the larger time frame. The handle seems to have completed itself. A breakout is expected. Targets are mentioned in green.
Birlasoft is engaged in Computer programming, consultancy, and related activities. It provides software development and IT consulting to its customers predominantly in Banking, Financial Services, and Insurance, Life Sciences and Services, Energy Resources and Utilities, and Manufacturing. The Company’s registered office is in Pune. It is part of The CK Birla...
Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting. Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview...
Company is in manufacturing and processing of various kinds of Edible, Non-Edible oils and meals. Company has manufacturing facility in Gandhidham, Gujarat, India. Its edible oil portfolio includes includes brands like Vitalife, Mahek & Zaika. Vanaspati portfolio includes brands like Richfield & Puffpride. FII and Promoters have increased their holdings in last...
Change in FII Hold 1.31 % Change in DII Hold 4.52 % Fundamentals aren't very good at the moment but I'm betting on this purely on technical front and because FII and DII see something here. Wockhardt is a global pharmaceutical and biotechnology organization engaged in manufacturing finished dosage formulations, injectables, biopharmaceuticals, orals and...