Hindustan food limited is on breakout with good volume spike
Hello everyone, i have brought a stock which has given a breakout of triangle pattern with huge volume spike on weekly chart, there is higher probability that we will see bullish uptrend momentum in this.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories.
Technically stock is looking good as it has given breakout of triangle pattern with good volume
Price is above 200-DEMA.
Macd is also giving bullish crossover.
Morgan stanley has taken position on bulk.
Market Cap
₹ 6,397 Cr.
Current Price
₹ 558
High / Low
₹ 630 / 461
Stock P/E
68.8
Book Value
₹ 56.4
Dividend Yield
0.00 %
ROCE
15.4 %
ROE
18.2 %
Face Value
₹ 2.00
Industry PE
40.5
Debt
₹ 730 Cr.
EPS
₹ 8.12
Promoter holding
63.8 %
Intrinsic Value
₹ 256
Pledged percentage
0.00 %
EVEBITDA
30.9
Change in Prom Hold
-1.04 %
Profit Var 5Yrs
50.9 %
Sales growth 5Years
41.1 %
Return over 5years
43.8 %
Debt to equity
1.13
Net profit
₹ 93.0 Cr.
ROE 5Yr
18.2 %
Profit growth
30.8 %
Earnings yield
2.61 %
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.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories.
Technically stock is looking good as it has given breakout of triangle pattern with good volume
Price is above 200-DEMA.
Macd is also giving bullish crossover.
Morgan stanley has taken position on bulk.
Market Cap
₹ 6,397 Cr.
Current Price
₹ 558
High / Low
₹ 630 / 461
Stock P/E
68.8
Book Value
₹ 56.4
Dividend Yield
0.00 %
ROCE
15.4 %
ROE
18.2 %
Face Value
₹ 2.00
Industry PE
40.5
Debt
₹ 730 Cr.
EPS
₹ 8.12
Promoter holding
63.8 %
Intrinsic Value
₹ 256
Pledged percentage
0.00 %
EVEBITDA
30.9
Change in Prom Hold
-1.04 %
Profit Var 5Yrs
50.9 %
Sales growth 5Years
41.1 %
Return over 5years
43.8 %
Debt to equity
1.13
Net profit
₹ 93.0 Cr.
ROE 5Yr
18.2 %
Profit growth
30.8 %
Earnings yield
2.61 %
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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