De Nora is getting ready for a Notorious Ride #SuperChartz
Key levels:
Support: 1550, 1500 - Closing levels
Resistance: 1640, 1740, 1840
Technical Impact:
Recent Price Movement: The recent 5.83% positive return over 3 months suggests a favorable market sentiment and interest in De Nora India Ltd. Investors may find this upward trend appealing, potentially attracting more attention to the stock.
Price Volatility: The wide range between the 52-week high and low (₹2,337 / ₹740) indicates considerable price volatility. Traders might see opportunities in this volatility for short-term gains, while long-term investors may need to assess their risk tolerance.
Return History: A 79.8% return over the last 3 years reflects strong historical performance. Investors may view this as a positive sign, signaling the company's ability to generate value over an extended period.
CMP/FCF Ratio: The CMP/FCF ratio of 70.7 suggests that the stock's current market price is relatively high compared to its free cash flow. Investors should interpret this ratio cautiously, considering it may indicate overvaluation or high market expectations.
EVEBITDA and Enterprise Value: The EVEBITDA ratio of 25.1 and Enterprise Value of ₹833 Cr. provide insights into the company's overall valuation. Investors may analyze these metrics to assess whether the stock is undervalued or overvalued relative to its earnings.
Fundamental Impact:
Valuation Metrics: The P/E ratio of 35.2, compared to the industry average of 40.0, suggests the stock may be attractively priced. Investors may find this appealing, assuming the company's future earnings potential supports the current valuation.
Financial Health: Strong fundamental indicators such as a high ROCE (29.7%) and ROE (22.1%) indicate efficient capital utilization and strong returns for shareholders. This can boost investor confidence in the company's financial health.
Debt and Current Ratio: The absence of debt and a high current ratio of 7.63 reflect a healthy financial structure. This can be reassuring for investors concerned about the company's ability to meet its short-term obligations and manage long-term debt.
EPS and Sales: A solid EPS of ₹45.2 and sales of ₹75.0 Cr. indicate a healthy bottom line and revenue generation. Investors may see this as a positive sign of the company's operational efficiency and growth potential.
Conclusion:
The combination of positive technical and fundamental factors suggests that De Nora India Ltd is currently positioned well in the market. Investors may find the stock appealing due to recent positive price movements, strong historical returns, reasonable valuation metrics, and robust financial health. However, it's crucial to stay vigilant, considering potential risks such as customer concentration and market dynamics. A holistic approach, combining both technical and fundamental analysis, provides a comprehensive view for investors making informed decisions.
Support: 1550, 1500 - Closing levels
Resistance: 1640, 1740, 1840
Technical Impact:
Recent Price Movement: The recent 5.83% positive return over 3 months suggests a favorable market sentiment and interest in De Nora India Ltd. Investors may find this upward trend appealing, potentially attracting more attention to the stock.
Price Volatility: The wide range between the 52-week high and low (₹2,337 / ₹740) indicates considerable price volatility. Traders might see opportunities in this volatility for short-term gains, while long-term investors may need to assess their risk tolerance.
Return History: A 79.8% return over the last 3 years reflects strong historical performance. Investors may view this as a positive sign, signaling the company's ability to generate value over an extended period.
CMP/FCF Ratio: The CMP/FCF ratio of 70.7 suggests that the stock's current market price is relatively high compared to its free cash flow. Investors should interpret this ratio cautiously, considering it may indicate overvaluation or high market expectations.
EVEBITDA and Enterprise Value: The EVEBITDA ratio of 25.1 and Enterprise Value of ₹833 Cr. provide insights into the company's overall valuation. Investors may analyze these metrics to assess whether the stock is undervalued or overvalued relative to its earnings.
Fundamental Impact:
Valuation Metrics: The P/E ratio of 35.2, compared to the industry average of 40.0, suggests the stock may be attractively priced. Investors may find this appealing, assuming the company's future earnings potential supports the current valuation.
Financial Health: Strong fundamental indicators such as a high ROCE (29.7%) and ROE (22.1%) indicate efficient capital utilization and strong returns for shareholders. This can boost investor confidence in the company's financial health.
Debt and Current Ratio: The absence of debt and a high current ratio of 7.63 reflect a healthy financial structure. This can be reassuring for investors concerned about the company's ability to meet its short-term obligations and manage long-term debt.
EPS and Sales: A solid EPS of ₹45.2 and sales of ₹75.0 Cr. indicate a healthy bottom line and revenue generation. Investors may see this as a positive sign of the company's operational efficiency and growth potential.
Conclusion:
The combination of positive technical and fundamental factors suggests that De Nora India Ltd is currently positioned well in the market. Investors may find the stock appealing due to recent positive price movements, strong historical returns, reasonable valuation metrics, and robust financial health. However, it's crucial to stay vigilant, considering potential risks such as customer concentration and market dynamics. A holistic approach, combining both technical and fundamental analysis, provides a comprehensive view for investors making informed decisions.
Regards
SuperChartz
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SuperChartz
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twitter.com/SuperChartz
youtube.com/@SuperChart
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