Trident LTDLargest Manufacturer of terry towels in the world. World’s largest wheat straw-based paper manufacturer, and one of the major bath linen providers in the US Forward & Backward integration of operation.
Trident is the second-largest player in home textiles and the third-largest yarn manufacturer in India.
The company has a presence in over 150 countries around the world, with marketing offices in Chandigarh, Bhopal, Gurugram, New Delhi, and Mumbai, and overseas operations in New York, USA, Dubai, and UK.
The company launched ‘Vision 2025’, a plan for coordinating Group efforts to improve the company's positioning across all business verticals. Its goal is to reach Rs 25,000 crore by 2025 with a 12% increase in the bottom line. It also aims to establish Trident as a national brand and digitalise it by completing the smart manufacturing or Industry 4.0 journey
Geographical Split FY22
India: 32%
USA: 44%
Rest of World:24%
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
Indianstocks
NIFTY - Bearish Market ViewThe idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction).
A move over 18480 invalidates this idea.
Nifty short term target - 17148, 16800, 16650 Nifty chart has recently broken upward parallel channel (white) and taken support at 200 day EMA.. It has also formed a bear flag. Chart patterns suggest we're looking for a downward momentum short term.
My short term targets are 17148 (Fib measured move), 16800 to 16650 (multi month support zone).
If the 16500 levels get broke NIFTY will test 16049 (gap fill) and 15431 (previous month lows).
Let me know your thoughts in comments.
DAAWAT STRONG MONTHLY BREAKOUTThere is clear breakout in monthly time frame with volume. After that the stock has gone through a good consolidation for three months. Now it's time for another rally if the company posts good results this quarter. One can buy Daawat@CMP with short term targets of 133(19.50%) and 150(36.3%) and a long term target of 194.50(74%). Please let me know in the comment section about your thoughts and do follow and support this feed for more ideas. As a disclaimer before taking any positions consult your financial advisor.
PVR BREAKOUTPVR breakout good potential upside due to upcoming good movies like pathan etc and good collection in upcoming quater
MARUTI - NSECompany website - www.marutisuzuki.com
49 % market share in Indian automotive market ( passenger ), slowly venturing into commercial also.
1800cr invested for future EV ready battery projects.
Roll out of EV charging infra by 2023 leading to mass acceptance.
Currently only 3 electric models in India across brands, charging times are high, avg range is less than 300km, not enough chargers on road, so still needs refining.
We have ICE engines for last 80 years, and still perfecting them , so EV have time, by 2025 expect disruption.
No debt, huge land bank, best service centre presence pan India.
When it comes to cars, a Maruti Suzuki never lets down ( Japanese tech )
Covid and semiconductor shortage hit auto markets worldwide, the share was muted. As economy reopens, things get back on track, share prices appreciates.
A must have in portfolio. BUY