Will Wood Product Maker firm (Century Ply) will Fly in Blue Sky?
Hello Guy's, i hope you all be doing good.
I have brought another stock, which has given Rectangle Pattern breakout with good volume, and now we can see bullish momentum in it.
Stock has given a breakout after almost 2 years, and Stock is above Short, Medium and Long term Moving Averages. Means Strong Bullish Momentum we can see in coming few months. Kotak Mahindra Group is holding 4.82% stake in it. This is industry leader Stock. Promoters holding remains unchanged at 73.04% in Sep 2023 qtr.
Technical indicators (MACD) suggesting a bullish crossover. So overall it is in strong bullish momentum.
About Company:-
Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products.
Largest player of Plywood in India:-
The company is a leading manufacturer and supplier of plywood with 25% market share in the organised plywood market of India.
Market Cap
₹ 16,377 Cr.
Current Price
₹ 737
High / Low
₹ 750 / 436
Stock P/E
43.0
Book Value
₹ 93.3
Dividend Yield
0.14 %
ROCE
27.0 %
ROE
22.8 %
Face Value
₹ 1.00
Industry PE
30.4
Debt
₹ 483 Cr.
EPS
₹ 17.1
Promoter holding
73.0 %
Intrinsic Value
₹ 287
Pledged percentage
0.01 %
EVEBITDA
27.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
19.3 %
Sales growth 5Years
12.5 %
Return over 5years
32.0 %
Debt to equity
0.23
Net profit
₹ 381 Cr.
ROE 5Yr
18.8 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
I have brought another stock, which has given Rectangle Pattern breakout with good volume, and now we can see bullish momentum in it.
Stock has given a breakout after almost 2 years, and Stock is above Short, Medium and Long term Moving Averages. Means Strong Bullish Momentum we can see in coming few months. Kotak Mahindra Group is holding 4.82% stake in it. This is industry leader Stock. Promoters holding remains unchanged at 73.04% in Sep 2023 qtr.
Technical indicators (MACD) suggesting a bullish crossover. So overall it is in strong bullish momentum.
About Company:-
Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products.
Largest player of Plywood in India:-
The company is a leading manufacturer and supplier of plywood with 25% market share in the organised plywood market of India.
Market Cap
₹ 16,377 Cr.
Current Price
₹ 737
High / Low
₹ 750 / 436
Stock P/E
43.0
Book Value
₹ 93.3
Dividend Yield
0.14 %
ROCE
27.0 %
ROE
22.8 %
Face Value
₹ 1.00
Industry PE
30.4
Debt
₹ 483 Cr.
EPS
₹ 17.1
Promoter holding
73.0 %
Intrinsic Value
₹ 287
Pledged percentage
0.01 %
EVEBITDA
27.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
19.3 %
Sales growth 5Years
12.5 %
Return over 5years
32.0 %
Debt to equity
0.23
Net profit
₹ 381 Cr.
ROE 5Yr
18.8 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
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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