Allcargo Logistics analysisALLCARGO LOGISTICS
9EMA - 454.95
20EMA - 438.80
50EMA - 409.60
100EMA - 379.3
200EMA - 344.2
Good ROE(Last 5yrs) - 14%+
EPS has grown from a range of 6 to 42(current)
Strong cash flow
Strong ROCE(26) over the past 5yrs(15)
Improved Book value(148cr) compared to 5yrs back(80cr)
Zero pledged percentage
Recently created a new 52nd week high
Stock P/E(11) vs Industry P/E(25)
This Stocks benefits from lower Crude Oil prices
An undervalued stock which has great potential to grow
Technically Strong Stock
RSI showing strength
Continuation of good volumes for this stock could end up with a new HIGH
Recommended for a buy at CMP or on dips for a target of 490+ with a stop loss of below 455
Allcargologistics
ALLCARGO LOGISTICSALLCARGO LOGISTICS
ALLCARGO LOGISTICS is forming a good pattern, there is a good accumulation happening at current levels.
ALLCARGO LOGISTICS is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Transportation
Industry: Marine Shipping