KRBL can climb..KRBL Ltd. operates as a holding company which engages in the export of rice miller and basmati rice. It operates through the following segments: Agro and Energy. The Agro segment supplies rice, Furfural, seed, bran and bran oil. The Energy segment comprises of power generation from wind turbine, husk based power plant and solar power plants.
KRBL Ltd. CMP is 300.65. The positive aspects of the company are Attractive Valuation (P.E. = 15.7), Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Rising Net Cash Flow and Cash from Operating activity. The Negative aspects of the company are MFs decreased their shareholding last quarter, De-growth in Revenue and Profit and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 308 Targets in the stock will be 328 and 348. The long-term target in the stock will be 358 and 372. Stop loss in the stock should be maintained at Closing below 288 or 264 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
KRBL
World's leading basmati rice producer KRBL Ltd trend analysisPrice is moving inside cycle degree 5th wave of super cycle degree 3rd wave.
Good time to buy as price is at the initiation of sub wave 3 of 5th wave.
5th wave will end somewhere around 2150 level.
As per conventional technical analysis, price bounced from trendline support and price is showing strong bullish divergence with RSI on daily & weekly TF, signifying trend reversal.
PE expansion is highly likely with improved OPM in upcoming quarters, price is currently trading near June 2016 levels.
A nice 7X possibility is there in long term (2-2.5 years max).
Other targets are highlighted as per your investment horizon.
Do your own due diligence before taking any action.
Peace!!
KRBL is changing gears quickly. KRBL Ltd. operates as a holding company. The firm engages in the export of rice miller and basmati rice. It operates through the following segments: Agri and Energy. The Agri segment supplies rice, Furfural, seed, bran and bran oil. The Energy segment comprises of power generation from wind turbine, husk based power plant and solar power plants.
KRBL Ltd CMP 310.20. The positive aspects of the company are Company with Low Debt, Improving cash from operations annual, Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake and Dividend Yield = 1.39%. The Negative aspects of the company are Declining annual net profit, Companies with weak financials and Stocks Underperforming their Industry Price Change in the Quarter.
Entry can be taken after closing above 314. Targets in the stock will be 356, 377 and 393. The long-term target in the stock will be 414, 446 and 472. Stop loss in the stock should be maintained at Closing below 258.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
KRBK - Stock AnalysisKRBL Ltd. is exhibiting strong bullish momentum across various technical and fundamental indicators, making it an appealing prospect for investors. In the short term, the one-day analysis reveals a "Strong Bullish" sentiment, with the latest tick indicating a robust price rise supported by substantial trading volume. The Parabolic SAR (PSAR) is also "Bullish" with a bullish crossover, further bolstering the bullish outlook.
The MACD indicator is "Strong Bullish," with the Macd/Signal line displaying a bullish crossover, suggesting that the stock is trending favorably. The CCI (Commodity Channel Index) is showing "Strong Bullish" signals as it is rising from the oversold level of 100.0, indicating a very bullish sentiment. Similarly, the RSI (Relative Strength Index) is also "Strong Bullish," rising from the oversold level of 70.0, which is a very bullish signal.
The ADX (Average Directional Index) is "Bullish" and indicates a bullish reversal, further reinforcing the positive sentiment. The HighLowMABand is "Strong Bullish" with a positive breakout pattern. The daily candlestick pattern is also "Strong Bullish," providing additional technical support for the stock.
In terms of short-term support, KRBL Ltd. has identified key support levels, with bottom points at 357.0 on November 1, 2023, and 358.6 on October 25, 2023, which can be essential reference points for traders and investors.
From a fundamental perspective, the company appears undervalued with a Price to Intrinsic Value of 0.773, a Price to Earnings Ratio of 11.50, and an EV to EBITDA ratio of 7.86. These metrics collectively suggest that the company's stock may be trading at a discount to its intrinsic value.
KRBL Ltd. has seen a significant increase in its Book Value over the last three years, indicating a robust financial position. The company also offers an Earning Yield of 8.70% and demonstrates excellent quarter-over-quarter (QoQ) earnings per share (EPS) growth. While the Piotroski F Score is at a stable value of 5.0, the annual net profit has been on an upward trend over the last three years.
Additionally, the company maintains a good Return On Capital Employed of 14.32% and a solid Return on Equity of 16.50%. A healthy net margin of 13.18% adds to its financial strength, although it offers a relatively low dividend yield of 0.270%, indicating a preference for reinvesting profits for growth.
Notably, KRBL Ltd. has achieved annual sales growth for three consecutive years, and there has been a steady increase in total assets over the last three years, reflecting the company's consistent expansion and overall financial stability. These combined technical and fundamental indicators position KRBL Ltd. as an attractive investment opportunity with strong growth potential.
Go Long above 381.95
Stop Loss 341
NSE:KRBL Company website krblrice.com
World's largest rice miller. It is best known for its India Gate brand of basmati rice, which is the largest selling rice brand in India
Also World's largest Basmati Rice exporter with channels in more than 82 countries
Lowest price to earning at 12, Market Cap: Rs. 5,700cr ( $ 750 million)
6% debt vis a vis peer companies debt @ 25%
Other brands- Doon, Nur Jahan, Indian Farm, Bemisal, Aarati, Unity, Lotus, Taj Mahal Tilla, Shubh Mangal, Necklace, Lion, Al Wisam, Train, Al Bustan, Telephone, Southern Girl, Alhussam, Blue Bird, City Palace
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Fundamental change- Share has been muted for years, war escalates commodity prices, demand will only increase while countries face a supply crunch, agro sector stands to gain, just how metal sector is outperforming. Local target 580, but if hold long enough- 4 years, see a 5x return.
KRBL ~ Long .....maybe give good return in short time 2X-3XKRBL looking good.. this KRBL give trend line breakout with good volume.. and make cup pattern this time
.....may be in coming day will make new higher high level try took stock for swing trade ,...........
buy: - 288
Target :- 305, 3335
SL : 252
KRBL BuyShare Name: KRBL
Reason: 1.) Prepare for Right Shoulder with High Volume Bar in the weekly chart.
2.) Double bottom, Same price from last 7 weeks and now breakout on the weekly chart.
3.) Bullish Cross over in MACD weekly graph
Current Price: 203
Buy @ Current Price
Target: 280
SL: 170
@divinechartist #KRBL #TechnicalAnalysis #HeadAndShoulders
Daawat (Long Term Strategy)Hi Everyone,
Here is an interesting pattern update on Daawat , we can see Daawat has formed an Ascending Triangle . These patterns trend may be either bullish or bearish
Two Scenarios for this pattern:
1. We need to see a price break above 55-56 with a volume accumulation and this confirms the next new high in the near future. The trend will continue to be bullish
2. Price Break below 46-48 with OBV going down along with selling pressure which tends to be bearish and should stay away
Fundamentals:
1. Daawat is the No. 2 branded basmati segment in India and also has a global presence
2. Their majority of the revenue is from basmati rice selling both B2b and B2c. As we can see recently, the management is adapting to consumer needs and they are entering new segments within the rice category and trying out the needs of consumers with different range of products. Management expects the company to grow faster than the sector
3. If my guess is not wrong, they might become the next big FMCG company in the Rice industry through their forward integration strategies and this is the biggest tailwind for this company.
4. Covid-19 has given the company great tailwinds and the quarterly results speak for itself
4. Company has good cash flow along with reducing debt levels which is a good sign for long term
For Investors:
1. It is always good to analyze the Fundamentals and buy the share, but it is always good to buy if all the odds are in your favor.
2. Fundamentals looking good, Technical set up looking good (Please see the Two scenarios), Long term outlook looking good
3. Company is a branded segment and No.2 in India and Basmathi segment
4. It is good to accumulate the share if it crosses above 55 and buy the dips during the US elections
Initiating a Longterm Buy above 55 for a target of 70-80 in 6 months to 1 year
Initiating to stayaway from stock below 46
Thank you and hope you are enjoying the analysis. Please do follow me for more updates, please like and comment :)
Disclaimer: This is an educational Advice not a financial advice
KRBL about to zoomBasmati rice stocks are expected to give a good H1 with orders from key importers expected in March-May.... Prior to Ramadan months..... Following stabilising prices.....
Krbl has considerable inventory at lower levels so expect decent bottom line and operating margin growth. Further as capex capital is not foreseen in next few years... Net debt levels should also reduce .....breakout can be seen in the graph.... Expect a value of 280-300 in short term.... Technical take from a fundamental student...