DevanNaayar

DevanNaayar

Devyani International Ltd involved in the business activities of event catering and other food service , which is the largest franchise of yum brands in India. More than 60% promoter stake with ROE ROA ROCE increasing for last two years. Eventhough the profit is increasing YoY , net profits are declining for last 2 quarters.FIIs are also increasing their...

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Rites Ltdis an India based engineering and consultancy company. More than 70 % promoter holding with 0 % pledge and almost debt free. Now it has broken up its multiple resistance line. Waiting for the confirmation of retesting . If it breaks 510 levels then 550 - 575 levels can be picked up within 2-3 months

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#Arvind CMP ₹ 170.65 ARVIND LTD is a textile company whose products are finished fabrics and garments. It's one of the largest denim manufacturers in the world. Fundamentals are not so good but technically it's looking good. Stock is nearly it's 52 week high and it also gained more than 20% in this month itself and also gained highest recovery from 52 months ....

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Updation of post as on July 2023 CMP ₹ 275 Himadri Speciality Chemical Limited manufactures and sells carbon materials and chemicals in India and internationally. It operates through two segments, Carbon Materials and Chemicals, and Power. Technically stock is looking very good. Al ready broken the 1 year long resistance line and moved a lot.Now trying to test...

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CMP ₹ 271.95 Heritage Foods Ltd is an India based diary company engaged in the business of procurement and processing of milk and milk products. Also engaged in renewable energy segment which produces power of captive consumption through its solar and power plants.Stock recovered very highly from its 52 week low level. Technicaly it's looking very good now. Stock...

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MOIL : CMP -₹ 244.20 Manganese Ore India Ltd is India's largest manganese ore mining company having more than 50% of market share. A zero debt company with high promoter holdings. Production for the last few months are on peak. Profit is increasing on last 3 quarters. Electric vehicle revolution will bring a rapid positive change in the growth of this company....

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Shalby Ltd is an India based multi speciality hospital chain business company which sets up and manages hospitals and medical diagnostic services. 24% of the revenue and more than 30% of the profit is from only a single hospital located at Ahammedabad, Gujarat . Stock is now near ly it's 5 year high now . A reducing debt company with zero promoter pledge. FII's...

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Welspun India Ltd is one of the largest home textile manufacturers in the world. Reduced debt recently. Promoter holdings are very high. Zero promoter pledge and reducing debt company. Technically looking good. Good movement expected.

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Paradeep Phosphates Ltd is India's second largest phosphate manufacturing company from Pvt sector. Multiple breakouts are seen in the chart. Parallel channel breakout, Cup & Handle breakout, trend line breakout - all are confirmed. Dividend date is on Sep 2023. A small correction can be expected after that. Have support at 68 levels. Technically chart looking...

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ICICI Bank Ltd - One of the largest private sector bank. Profit increasing on each quarter and last 2 years. Decreased provision in last year. Stock near it's 52 week high. Stock is shrinking between it's multiple year long trending resistance and support lines. Stock looking good and a sharp move can be expected at any time.

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Himadri Speciality Chemical Limited manufactures and sells carbon materials and chemicals in India and internationally. It operates through two segments, Carbon Materials and Chemicals, and Power. Now retesting the one year long trend line. Can expect a 10-15 % move from here

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An integrated power company whose segments include power , coal etc . Stock is at mulple resistance zone. sudden movement is due to expectation of robust results . Will move to newer heihts within 3 months time . 15-25% movement can be expected

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Jsw energy is retesting the 1 year long trend line now. If the trend line is broken then 400 levels can be reached soon.

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Prakash Industries Ltd is engaged in the production of ferro steel and generation of power. Growth in net profit with a decent profit margin shows its bright prospects. Stock is now at its 52week high and recovered very well from its 52week low. It's has broken it's multiyear resistance trend line. Eventhough the higher promoter pledging percentage is a great...

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Piramal Pharma is an India based pharmaceutical company.Eventhough promoter holding is very low , they increased their holding % recently and also debt is high. Net profit also declining YoY. But stock is technically looking good with strong momentum. Price is above all the main moving averages. Have resistance at 105 levels and support at 95 levels. A 25% move...

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Concor is engaged in transportation of containers and handling of containers. A low debt and zero propmoter pledge company . Stock is preparing to complete a cup and handle formation . Have strong support at 550 levels. . Stock just crossed 200 ema levels now. If it sustains above this level and Cup and handle formation completes and breaks the resistance trend...

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A chemical sector company engaged in the field of pesticides & agrochemicals . Company is from Tata group with a promoter holding of more than 50% . Its a zero promoter pledge company with low debt. Company is now in the transformation of loss to profit and also from negative to positive sales.Good volume spike happened in the stock which shows a good momentum....

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BHEL is an engineering company which manufactures integrated power plant equipments. It is segments include in Power which comprises of thermal, gas, hydro, and nuclear power plant businesses and also in industry segment which caters equipment supplies for various industries, including transportation, transmission, defense and aerospace, downstream oil and gas,...