CAMS - Rounding bottom in Weekly charts Target -5000>5600 in long term. PEG<3 FII interest is up last quarter and Public holding going down. Allocate judiciously with frequent profit booking and strict stop loss.
Anticipated Symmetrical Triangle Breakout - Tanla Platforms As seen in the charts, Tanla platforms is on the verge of making/breaking out of the symmetrical triangle pattern that has formed from the start of Jan 2022 up until now. I expect a breakout on the bullish side for the below reasons Attractive Fundamentals - Low to Nil debt - Debt to Equity < 0.05,...
Shyam Metallics - Short term technical trade Fundamentals MCAP- 22500 Cr PE - 20.48 = Industry PE of 20.51 PEG Ratio is 1.84 Debt to Equity is 0.06 and ICR is 9 ROE is 12%, ROCE is 10% ( 5yr ROCE is 21%) Sales growth is 5%, 5yr Sales growth is 23% Profit Growth is 74%, 5yr Profit growth is 11% Promoter holding is 75% Latest results - Excellent Technicals...
Fundamentals Expensive stock. Hold if already invested. Technicals CMP - 2725 Bullish - Above EMA 9, 21,63, 200 on daily charts , RSI(14) is 70 Commentary As seen in the charts , the stock has been trading in the parallel channel since 2016, except in the recent months where the stock went through the 1:10 split, during which time, it crossed the parallel...
Expensive stock , good brand name and large cap. Trade as per risk appetite
Low debt PE 16, less than IND PE 31 PEG < 1 Good ROE, ROCE ~20% Profit growth is less Price 431 near EMA 63 in weekly charts Price 431 less than EMA 200 in daily charts Price bouncing from support at 390 levels RSI neutral around 40 Hold for swing upto 500>550
United Spirits PE = 2x INDPE PEG ~ 6 Decent ROE, ROCE Poor sales growth and average profit growth Stable performance. Buy near to channel lows and sell near channel highs. Any breakout will be a bonus
Cup and handle formation in weekly charts. Nifty IT Saw a significant downtrend from Jan'22 and recovered from the cup low to the cup high in Feb'24. Post that, you can see another dip and recovery forming the handle. This should continue and see NIFTY IT reach 50K>52K in the coming year. Target 50K>52K Timeframe by Jun-Jul'25 Invest in good quality IT...
Natco at all time high of 1190+ Recently crossed previous lifetime highs of 1150, 1050 and 950. PEG Ratio < 1 PE is 15.4 , less than Industry PE of 38 Low Debt , D/E is 0.06 , High ICR of 88 ROE, ROCE is 25+ Good sales and profit growth, sales 5 years is 14% and profit growth 5 years is 17% Promoter holding is rock solid ~49% FII have upped their stake...
Natco - Short term technical trade Fundamentals MCAP- 28000 Cr PE - 17.22 < Industry PE of 35.55 PEG Ratio is 1 Debt to Equity is 0.06 and ICR is 99 ROE is 26%, ROCE is 30% ( 5yr ROCE is 15%) Sales growth is 42%, 5yr Sales growth is 13% Profit Growth is 100%, 5yr Profit growth is 17% Promoter holding is 50% Latest results - excellent Technicals CMP - 1566...
Craftsman Automation - Cup and handle breakout Fundamentals MCAP- 14000 Cr PE - 48.7 > Industry PE of 36.91 PEG Ratio is 1.9 Debt to Equity is 1.06 and ICR is 5.19 ROE is 20%, ROCE is 20% ( 5yr ROCE is 17%) Sales growth is 29%, 5yr Sales growth is 19% Profit Growth is 6%, 5yr Profit growth is 25% Promoter holding is 48% , down 6% in last quarter FII AND DII...
Biocon PE = 32 less than Industry PE PBV also less than Industry PBV PEG = 2.4 Low ROE, ROCE Good sales and profit growth in last 5 years. Last 1 year sales and profit growth are excellent - 48% sales growth, 83% profit growth Stable promoter holding
LTTS- Long term investing idea Fundamentals MCAP- 58000 Cr PE - 45.5 > Industry PE of 35.6 PEG Ratio is 4.04 Debt to Equity is 0.12 and ICR is 36 ROE is 26%, ROCE is 33% ( 5yr ROCE is 34%), Better than most industry peers except TCS and Infy Sales growth is 8%, 5yr Sales growth is 13% Profit Growth is 7%, 5yr Profit growth is 11% Promoter holding is 73%...
Asian Paints - Bullish Signals Fundamentals MCAP- 303418Cr PE - 60 > Induustry PE of 53 PEG Ratio is 2.91 Debt to Equity is 0.13 and ICR is 33 ROE is 31%, ROCE is 37% ( 5yr ROCE is 33%) Sales growth is 1%(stagnant), 5yr Sales growth is 13% Profit Growth is 9%, 5yr Profit growth is 20% Promoter holding is rock solid , 52-53% Latest results - Slightly below...
Fundamentals MCAP- 12000Cr PE - 25.04 < Induustry PE of 27 PEG Ratio is 1.18 Debt to Equity is 0 and ICR is 1077+ ROE is 23%, ROCE is 20% ( 5yr ROCE is 28%) Sales growth is 16%, 5yr Sales growth is 21%, Sales increased straight in last 12 qtrs Profit Growth is 21%, 5yr Profit growth is 21%, net profit increased straight in last 12 qtrs Promoter holding is...
Downward trend Broken. Momentum visible in price action - EMA 9, EMA 21 > EMA 200 , EMA 63 closing the gap and poised to go above. Strictly trading recommendation as - PE is twice that of industry average. - Promoter holding is trending down - FIIs and DIIs interest not showing any significant upturn On the positive side - QoQ and YoY results are not...
Resistance turning into support at 1925-1950 range Long term- Bullish trend , trending in channel
India Glycols Fundamentals PEG Ratio - 3.4 PE 18 , less than Industry PE of 32 Int coverage ~3. D/E ~0.66 ROE, ROCE - Accepatable at 8-10% Recent profit growth is very good Technicals Inverse head and shoulders pattern in weekly charts Decent volumes in recent weeks and CMP near ATH of 1088 and at 52WH Target 1200>1300