Astral Ltd. Trading Idea.
Updated
ABOUT COMPANY:-
Astral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years.
Astral Ltd. Is looking good on chart. it has given proper falling trendline breakout, after that it sustain on above levels. Price action indicating a big move till 1900+ levels. We can see this stock till new life highs very soon. Indicators also suggesting Positive Reversal. MACD bullish crossover already taken place on chart. Price is above 200 EMA.
All levels already been marked in Chart. Please trade Carefully. Always use stop loss, and yourself from big losses.
Market Cap
₹ 45,301 Cr.
Current Price
₹ 1,686
High / Low
₹ 1,991 / 1,186
Stock P/E
102
Book Value
₹ 101
Dividend Yield
0.13 %
ROCE
25.1 %
ROE
17.7 %
Face Value
₹ 1.00
Debt
₹ 87.1 Cr.
EPS
₹ 17.0
PEG Ratio
4.90
Promoter holding
55.8 %
Intrinsic Value
₹ 419
Pledged percentage
0.00 %
EVEBITDA
53.5
PROS
Company is almost debt free.
Company has delivered good profit growth of 20.7% CAGR over last 5 years
Company's median sales growth is 19.0% of last 10 years
CONS
Stock is trading at 16.7 times its book value
Please like, follow and comment if you like my work.
Thankyou.
Disclaimer:- STOCK TRADING IS INHERENTLY RISKY AND THE USERS AGREE TO ASSUME COMPLETE AND FULL RESPONSIBILITY FOR THE OUTCOMES OF ALL TRADING DECISIONS THAT THEY MAKE, INCLUDING BUT NOT LIMITED TO LOSS OF CAPITAL.
Astral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years.
Astral Ltd. Is looking good on chart. it has given proper falling trendline breakout, after that it sustain on above levels. Price action indicating a big move till 1900+ levels. We can see this stock till new life highs very soon. Indicators also suggesting Positive Reversal. MACD bullish crossover already taken place on chart. Price is above 200 EMA.
All levels already been marked in Chart. Please trade Carefully. Always use stop loss, and yourself from big losses.
Market Cap
₹ 45,301 Cr.
Current Price
₹ 1,686
High / Low
₹ 1,991 / 1,186
Stock P/E
102
Book Value
₹ 101
Dividend Yield
0.13 %
ROCE
25.1 %
ROE
17.7 %
Face Value
₹ 1.00
Debt
₹ 87.1 Cr.
EPS
₹ 17.0
PEG Ratio
4.90
Promoter holding
55.8 %
Intrinsic Value
₹ 419
Pledged percentage
0.00 %
EVEBITDA
53.5
PROS
Company is almost debt free.
Company has delivered good profit growth of 20.7% CAGR over last 5 years
Company's median sales growth is 19.0% of last 10 years
CONS
Stock is trading at 16.7 times its book value
Please like, follow and comment if you like my work.
Thankyou.
Disclaimer:- STOCK TRADING IS INHERENTLY RISKY AND THE USERS AGREE TO ASSUME COMPLETE AND FULL RESPONSIBILITY FOR THE OUTCOMES OF ALL TRADING DECISIONS THAT THEY MAKE, INCLUDING BUT NOT LIMITED TO LOSS OF CAPITAL.
Note
made high 1724,,still chance to go long in it. behatreen stockNote
Wow what a rally we have seen. we have eaten 350+ points in it.Enjoy profits.
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
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