Globus Spirits Ltd. operates as a holding company, which engages in the manufacture and sale of Indian made Indian liquor, bulk alcohol and franchise bottling. Globus Spirits Ltd CMP is 847.45. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and MFs...
The only undervalued breweries company in India with strong sales growth and big capex for further expansion, Net Profit got affected only due to margin pressure. Good to accumulate around 650-700 levels for the following targets. Medium Term Target @ 1290 (90% ROI) Long Term Target @ 1710 (150% ROI) Long Term Positional Target @ 2800 (300% ROI in 3-4 years...
Globus Spirits Ltd. CMP – 887.95 Market Capitalization Rs 2,557.5Cr Red Flags:🟥 Declining annual net profit Declining cash from operations annual MFs are decreasing stake Green Flags:🟩 No debt Low debt Zero promoter pledge FIIs are increasing stake Promoter holding increasing Previous Happy Candles Number – 50/100 New Happy Candles Number – 66/100 X/2 Fresh...
A potential cup with handle pattern is forming which can lead to a technical target of 1925. RSI showing strong bullish divergence on daily TF. Good to accumulate around 850-900 levels for the following targets: Short term swing target of 1400 (55% ROI with 3.33 R:R) Medium term swing target of 1925 (114% ROI with 6.83 R:R) Long term positional target of 2800...
Globus Maritime has nine dry bulk carriers in the spot market. Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry! I wouldn`t be surprised to see it jump at $4.5 this year.
In H1 2021 total revenues increased by about 161% compared to H1 2020. Adjusted EBITDA increased by about 6.8 million. Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020. As of June 30, 2021 cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%. Market...
Globus Spirits Long term Investment