Introduction: GEM Enviro Management Limited is a waste management firm that was founded in February 2013 and focuses on recycling all packaging trash, including plastic waste. Business Services: 1. EPR consulting and fulfillment for plastic waste 2. Collection and recycling of waste plastic from industry 3. Recycled product marketing and sales 4. Business...
Introduction: Yatra Online Limited serves both local and foreign clients by providing them with information, prices, availability, and the opportunity to book. In terms of both corporate clients and online booking income, Yatra ranks third in India, and it is the biggest corporate travel services supplier in the country. With the most hotels as of FY24, Yatra is...
WFPML is a client-centric, product agnostic and independent wealth management firm. It is an individual financial advisor (with no sub-brokers) and occupies 37th rank at all India level. Market Cap: ₹ 1,813 Cr. Stock P/E: 34.4 (Ind. P/E: 16.9) ROCE: 56.8 %; ROE: 43.8 % Sales Growth (3 Years): 39% Profit Growth (3 Years) : 49% WFPML has been...
Devyani International Ltd. has been in consolidation for more than two months. A couple of days ago, it gave a positive breakout with good volume. The downside risk is limited, and the upside potential is huge. 20 EMA (Black Line) is trading just below 50 EMA (Orange Line) and 100 EMA line (Sky Blue line). In the weekly closing, if the 20 EMA crosses above 50 EMA...
Intro Paramount Communications Ltd. is involved in the manufacturing of wires and cables comprising of power cables, telecom cables, railway cables, and specialised cables. Clientele includes Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens, etc. Fundasmentals Market Cap: ₹ 2,378 Cr.; Stock P/E: 24.5 (Ind. P/E:...
Intro: Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations. Fundamental Analysis: Market Cap: ₹ 10,301 Cr. High / Low: ₹ 1,099 / 563 Stock P/E: 12.2 (Ind. P/E:30.3) ROCE: 22.9 % ROE: 18.1 % Sales Growth (3 years): 33%; Profit Growth (3 years): 69% Stock...
IRCON International has been in a downtrend since Aug 2024. It was sliding in a parallel channel pattern. However, it broke the channel pattern and gave a strong breakout with excellent volume. IRCON is trading near the strong support zone of 220 levels. It took support around 20 EMA (Black line) and showing some strength. However, 20 EMA (Black line) has to...
Sterling and Wilson Renewable Energy Ltd has been in a strong downtrend for a long time. It is consolidating near the strong support zone of 482 levels 20 EMA (Black line) is trading below 50 EMA (Orange line) which in turn trading below 100 EMA (Blue line) confirming the bearish trend. Recently it has bagged a solar project order of Rs. 504 Cr from a private...
Ambuja Cements has turned bullish in the last couple of sessions. Ambuja Cements has bounced back strongly from the support zone of 454 levels. Currently trading near the 20 EMA level 538 It has strong resistance around 585, 643 and 692 levels. It has to firmly hold the current levels for any upside momentum. Upon getting volume confirmation, can consider...
Prince Pipes has been in strong correction mode for the past 4 months. Prince Pipes is trading near the 3.6-year support zone of 410. The stock has corrected ~50 percent from all-time highs of 897 levels. The stock price is trading above the important support zone of 410 levels. Pros Spending by the government on housing and infrastructure may enhance volumes....
Cochin shipyard has been in a downtrend for a long time. Cochinship took strong support around 1687 levels with good volume. If the reversal is confirmed, we can expect to reach toward next resistance zones like 2271, 2687. In case of breakout failure, the next support levels are 1369, 1260 levels
The defense sector is turning bullish. BEL has been trading over a tight range in a BOX PATTERN between 271 – 306 for nearly six months. It has turned bullish for the past one week. 20 EMA crossed above 50 EMA, confirming the bullishness. Support Levels: 271, 259, 240 Resistance Levels: 306, 309, 325, 339
In the weekly chart, SPIC has turned bullish by taking support near 100 EMA Resistance levels: 83, 88, 95 Support levels: 74, 67, 63
EMBDL has turned bullish since Nov 1, 2024. It reached peak level of 165 in June 2024. Since then It came under heavy selling and fell to 127 levels. It has been consolidating between 127 and 141 level for nearly three months. Volume contraction happened. However, 127 level was broken in the last week of Oct 2024. However, the stock took strong support around...
Introduction Sanghvi Movers provides medium- to heavy-duty cranes on rental basis to various private and public sector undertakings. Sanghvi Movers Ltd. is Asia’s largest crane rental operator, with 346 cranes as of FY24. Fundamental Analysis Market Cap: ₹ 2,711 Cr; Stock P/E ratio: 15.5 (Industry P/E ratio: 31.2) ROCE: 22.2 %; ROE: 18.8 %; Compounded Profit...
Lemon Tree reached 158 levels in the last week of April 2024. Then, it was trading in a tight range in a BOX PATTERN between 144 – 155 range for nearly three months. However, the support level 144 was broken and experienced heavy selling and fell badly. Important support levels like 134, 127 were broken. The stock took the next support at 113 level. The support...
KPR Mill has turned bullish. In September 23, 2024, it reached an all time high of 1053 levels. Since then, it came under heavy selling pressure, and the price fell swiftly to 878 levels (approx. 16% down). However, it took support just near the 100EMA level (blue line) and consolidating around 900+ levels. In the past few sessions, the stock has been in bullish...
Kalyan Jeweller has turned bullish. In September 2024, the level reached an all-time high of 786 levels. This surge in stock price has been attributed to a combination of strong sales performance and positive market sentiment. Analysts are optimistic that the company's expansion strategies will continue to drive growth in the coming quarters. Since then, it has...