Maithanalloys
Maithan can make smart movesMaithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro silicon, Ferro manganese, and silicon manganese. The firm also generates and supplies wind power.
Maithan Alloys Ltd CMP is 1212.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Companies with 10% increase in share price over three months, with rising net profit growth and Companies with rising net profit margins. The Negative aspects of the company are Inefficient use of capital to generate profits, Degrowth in Revenue and Profit, Declining Net Cash Flow : Companies not able to generate net cash and Annual net profit declining.
Entry can be taken after closing above 1223. Targets in the stock will be 1267 and 1307. The long-term target in the stock will be 1351. Stop loss in the stock should be maintained at Closing below 1126.
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.
Maithan in a Mood to March Forward.
Maithan Alloys Ltd is among India’s leading manufacturers and exporters of niche value-added Manganese alloys. The company prime products include Ferro Manganese, Silicon Manganese and Ferro Silicon. It has a global presence with customers like SAIL, Tata Steel and Jindal Steel & Power. Maithan Alloys CMP is 1070.35.
The Negative aspects of the company is declining annual net profits. The Positive aspects of the company are improving cash from operations annual, no debt, FIIs are increasing stake and zero promoter pledge.
Entry after closing above 1077. Targets in the stock will be 1122 and 1170. Long term targets in the stock will be 1207 and 1271. Stop loss in the stock should be maintained at closing below 968.
(Disclaimer: I am a NISM certified Research Analyst but have not registered for SEBI authorization. The purpose of sharing the views is purely educational in nature for paper trading only. We will not be responsible for any profit or loss of any individual or institution which takes position based on our analysis.)
LONG TERM INVESTMENT
Start buying this Tock for the Long term (2-3 years)
Fundamentally strong stock
High Piotroski Score - Companies with strong financials
Strong Annual EPS Growth
Good quarterly growth in the recent results
Inverted Hammer (Bullish Reversal)
High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
High growth and High Return on Equity (ROE) with a Low PE ratio
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Recent Results: Growth in Operating Profit with an increase in operating margins (YoY)
#MAITHAN Its swing trade idea for short term Maithan has given rounding pattern followed by consolidation breakout above 950 - 1100 range and holding well above the range. It will be also considered as flag BO. On weekly, all EMAs are +Vely stacked + MACD crossover in place. Hence, any dip towards 1070 - 1050 will be an excellent opportunity for fresh buy / accumulate with a SL 1010 for initial Tgt 1300.