Devyani International can give a tasty breakout. Devyani International Ltd. engages in the development and operation of quick service restaurant. It operates through Within India and Outside India segments. The company manages brands like Costa Coffee, KFC, Pizza Hut, Vangoo and The Good Street.
Devyani International Ltd. CMP is 172.37. The Positive aspects of the company is Company with Zero Promoter Pledge and increasing revenues for last 4 Quarters. Book value of the share is also increasing for the last 2 years. The Negative aspects of the company are extremely high Valuation (P.E. = 644.2), Companies Increasing Debt as per Annual Report, Declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 174 Targets in the stock will be 181, 188 and 198. The long-term target in the stock will be 205, 218 and 223. Stop loss in the stock should be maintained at Closing below 167 or 158 depending on 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.
Stockstowatchout
Cyient DLM looking like it will deliver. Cyient DLM Ltd. engages in providing total electronic manufacturing solutions. It operates through the following segments: Aerospace and Defense, Medical, Industrial, and Transportation and Telecom. It offers design-led manufacturing (DLM) solutions.
Cyient DLM Ltd. CMP is 677.85. The Positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge. The Negative aspects of the company are extremely high Valuation (P.E. = 79.8) and Inefficient use of shareholder funds.
Entry can be taken after closing above 686 Targets in the stock will be 722, 747 and 775. The long-term target in the stock will be 802, 841 and 869. Stop loss in the stock should be maintained at Closing below 649 or 599 depending on 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.
Eicher Motors might motor along. Eicher Motors Ltd. engages in the development, design, manufacture, assembly and sale of two-wheelers, as well as related parts and accessories. It operates through Domestic and Overseas geographical segments. The Domestic segment includes sales and services to customers located in India. The Overseas segment includes sales and services rendered to customers located outside India.
Eicher Motors Ltd. CMP is 4838.50. The Positive aspects of the company are Company with Low Debt, Company able to generate Net Cash - Improving Net Cash Flow, Company with Zero Promoter Pledge. The Negative aspects of the company are high Valuation (P.E. = 31.1), Promoter decreasing their shareholding, Companies with growing costs YoY for long term projects, De-growth in Revenue, Profits and Operating Profit Margin and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 4843 Targets in the stock will be 4931 and 4991. The long-term target in the stock will be 5059 and 5119. Stop loss in the stock should be maintained at Closing below 4603 or 4481 depending on 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.
JSW Energy looking Energetic JSW Energy Ltd. engages in the business of power generation. It operates through the following business segments: Power Generation, Power Transmission, and Power Trading.
JSW Energy Ltd. CMP is 688.95. The Positive aspects of the company are Company with decreasing Promoter pledge, High Volume, High Gain, Top Gainers and High Momentum Scores. The Negative aspects of the company are extremely high Valuation (P.E. = 61.5), Companies with Increasing Debt, Increasing Trend in Non-Core Income, High promoter stock pledges.
Entry can be taken after closing above 701 Targets in the stock will be 719, 738 and 756. The long-term target in the stock will be 773, 792 and 809. Stop loss in the stock should be maintained at Closing below 642 or 582 depending on 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.
Kotak Mahindra looking positive again. Kotak Mahindra Bank Ltd. Engages in the provision of commercial banking services. It operates through the following segments: Treasury, Balance Sheet Management Unit (BMU) and Corporate Centre; Retail Banking; Corporate or Wholesale Banking; Vehicle Financing, Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; Insurance and Other Banking Business.
Kotak Mahindra Bank Ltd. CMP 1805.65 is The positive aspects of the company are Attractive Valuation (P.E. = 16.2), Company with Zero Promoter Pledge, RSI indicating price strength, Increasing Revenue every Quarter for the past 8 Quarters and Effectively using its capital to generate profit. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter, Increase in Provisions in Recent Results.
Entry can be taken after closing above 1806 Targets in the stock will be 1831, 1855 and 1883. The long-term target in the stock will be 1917 and 1947. Stop loss in the stock should be maintained at Closing below 1749 or 1682 depending on 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.
VST Industries looking Solid after consolidation post split.VST Industries Ltd. engages in the provision of manufacture and sale of cigarettes and unmanufactured tobacco. It operates through the Sales Within India and Outside India too. VST Industries Ltd. CMP is 360.70.
The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge. The Negative aspects of the company are high Valuation (P.E. = 25.2), Stocks Underperforming their Industry Price Change in the Quarter, Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 362 Targets in the stock will be 374, 386, 400, 414 and 431. The long-term target in the stock will be 455, 470 and 487. Stop loss in the stock should be maintained at Closing below 301 or 287 depending on 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.
Reliance Down but seems not out. Reliance is one of India's premier companies with a market cap currently at Rs.1710830.2 Crores. After the stock split the stock lost momentum and had been falling drastically. Right now it is belo Mother and Father line on daily charts. With profitability and EPS set to increase from 2025 onwards as per the last Speech of Mr.Mukesh Ambani Reliance still can to be ruled out as a long term pick and a portfolio stock.
Technically the stock is weak but as it is a Long term investment idea and Portfolio stock the levels at which it is trading are looking mouth-watering. Tracking quantity entry or X/3 entry levels are mentioned below for the stock.
There is a news today of Reliance entering a long term contract with Russia worth 13B a year at current prices. Along with this news Reliance is trading at a price of 1263. The near by support zones are at 1241 and 1218. Long term support is near the zone of 1150 to 1043. X/3 entry for educational purpose of tracking quantity of Reliance can be taken at current levels or if it falls further to 1241 or 1218 levels and bounces from there. (Entry on bounce not while it is falling). The second entry can be taken on bounce after closing above 1328. Final entry after closing above 1387 levels. Long term targets for Reliance will be 1442, 1530 and 1600+ levels. Stop loss can be maintained at a monthly closing below 1043 (It is very unlikely if it goes there).
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.
Aether on the verge of becoming active. Aether Industries Ltd. engages in the production of intermediates and specialty chemicals. It offers products for pharmaceutical, agrochemical, material science, coating, photography, additive, and oil and gas segments of the chemical industry.
Aether Industries Ltd. CMP is 904.10. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, RSI indicating price strength, High Volume, High Gain, The Negative aspects of the company are extremely high Valuation (P.E. = 148.5), Companies with growing costs YoY for long term projects, Poor cash generated from core business - Declining Cash Flow from Operations.
Entry can be taken after closing above 905 Targets in the stock will be 947 and 986. The long-term target in the stock will be 1033 and 1072. Stop loss in the stock should be maintained at Closing below 863 or 780 depending on 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.
Navneet's chart looking neat. Navneet Education Ltd. engages in the manufacture of Maharashtra and Gujarat State Board Publication books, as well as stationery products. It operates through the following segments: Publication, Stationery, and Others. The Publication segment is composed of supplementary books such as workbooks, guides, and question banks which are based on the latest prescribed syllabus by state education boards under the brand names Vikas and Gala. The Stationery segment includes paper based and non-paper-based stationery under the brand names Navneet and Youva. The Others segment represents revenue from the generation of power by windmill, pre-school, and trading items.
Navneet Education Ltd. CMP is 148.89. The positive aspects of the company are Very attractive Valuation (P.E. = 4.3),Company with Low Debt, Company with Zero Promoter Pledge. The Negative aspects of the company are Companies with growing costs YoY for long term projects, Increasing Trend in Non-Core Income and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 150 Targets in the stock will be 155, 162 and 168. The long-term target in the stock will be 174 and 179. Stop loss in the stock should be maintained at Closing below 142 or 131 depending on 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.
IRCON can move upwards after consolidation. IRCON International Ltd. engages in the provision of engineering and construction services. It specializes in major infrastructure projects, including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, extra high voltage sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. The company operates through the Domestic and International geographic segments.
IRCON International Ltd. 225.88. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Effectively using its capital to generate profit and High Volume, High Gain. The Negative aspects of the company are High Valuation (P.E. = 23.1), MFs decreased their shareholding last quarter, Underperforming their Industry Price Change in the Quarter and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 227 Targets in the stock will be 246, 265 and 285. The long-term target in the stock will be 316 and 352. Stop loss in the stock should be maintained at Closing below 180.
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.
Beml Land And Assets seems to be rising after forming a bottom.BEML Land Assets Ltd. operates as a special purpose entity which develops, acquires, manages, holds, licenses and sells real estate properties. BEML Land Assets Ltd. CMP is 243.49.
The positive aspects of the company are Company with No Debt, Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years and Company with Zero Promoter Pledge. The Negative aspects of the company are Negative Valuation (P.E. = -246.6), MFs decreased their shareholding last quarter, Stocks Underperforming their Industry Price Change in the Quarter and Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 245 Targets in the stock will be 274, 291 and 304. The long-term target in the stock will be 320, 343 and 356. Stop loss in the stock should be maintained at Closing below 215.
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.
Crossing the hurdles FIEM can fly..Fiem Industries Ltd. is a holding company, which engages in the manufacture and supply of automotive components. It operates through the Automotive and light-emitting diode (LED) Luminaries segment. The Automotive segment comprises of lighting and signaling equipment, rear view mirror, prismatic mirror, plastic molded parts, and sheet metal components for motorized vehicles and others parts for automotive. The LED Luminaries segment includes indoor and outdoor lighting, display panel, and LED integrated passenger information system.
Fiem Industries Ltd. CMP is 1580.10. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, MFs increased their shareholding last quarter and Stocks Outperforming their Industry Price Change in the Quarter. The Negative aspects of the company are moderate Valuation (P.E. = 22.4), Declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 1594 Targets in the stock will be 1647 and 1719. The long-term target in the stock will be 1752 and 1786. Stop loss in the stock should be maintained at Closing below 1448 or 1387 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.
Infosys is building up positive information for investorsInfosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. Infosys is one of the top Indian companies and an Indian global MNC.
Infosys Ltd. CMP is 1879.80. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and Company able to generate Net Cash - Improving Net Cash Flow. The Negative aspects of the company are high Valuation (P.E. = 29).
Entry can be taken after closing above 1880 Targets in the stock will be 1943. The long-term target in the stock will be 1993. Stop loss in the stock should be maintained at Closing below 1732 or 1719 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.
LIC is can defensively insure your portfolioLife Insurance Corporation of India or LIC engages in the provision of insurance plans. It operates through the following segments: Life Business, Pension Business, Annuity Business, Variable Business, Health Business, and Linked Business.
Life Insurance Corporation of India CMP is 985.50. The positive aspects of the company are Attractive Valuation (P.E. = 15), Company with No Debt, Stocks Outperforming their Industry Price Change in the Quarter, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and High Volume, High Gain. The Negative aspects of the company are Declining profits every quarter for the past 2 quarters, Companies with high market cap, lower public shareholding.
Entry can be taken after closing above 990 Targets in the stock will be 1034, 1070 and 1100. The long-term target in the stock will be 1134, 1161 and 1190. Stop loss in the stock should be maintained at Closing below 877 or 818 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.
GSFC can grow and make it greenGujarat State Fertilizers & Chemicals Ltd. engages in the manufacture and distribution of fertilizers and chemicals. It operates through the following segments: Fertilizer Products and Industrial Products. The Fertilizer Products segment includes urea, ammonium sulphate, di-ammonium phosphate and ammonium phosphate sulphate and nitrogen-phosphorus-potassium products. The Industrial Products segment comprises of caprolactam, nylon-6, nylon filament yarn and nylon chips, melamine and polymer products.
Gujarat State Fertilizers & Chemicals Ltd. CMP is 224.13. The positive aspects of the company are Attractive Valuation (P.E. = 16.9), Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company fall in Quarterly Revenue and Net Profit, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 227 Targets in the stock will be 232, 241 and 250. The long-term target in the stock will be 258, 268 and 283. Stop loss in the stock should be maintained at Closing below 218 or 188 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.
India Cements can jump after solid consolidationIndia Cements Ltd. is a holding company, which engages in the manufacture and sale of cement and clinker. It operates through the following brands: Sankar Super Power, Coromandel King, and Raasi Gold.
India Cements Ltd. CMP is 358.30. The positive aspects of the company are Company with Low Debt, Company able to generate Net Cash and Mutual Funds Increased Shareholding in Past Month. The Negative aspects of the company are Negative Valuation (P.E. = -32.6), Companies with High Promoter Pledge, Annual net profit declining for last 2 years and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 363 Targets in the stock will be 375 and 381. The long-term target in the stock will be 390 and 405. Stop loss in the stock should be maintained at Closing below 324 or 309 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 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.
Dodla Dairy looks delicious Dodla Dairy Ltd. engages in procurement of milk and milk products. It offers various milk products like butter, ghee, paneer, curd, flavored milk, doodh peda, ice cream and skimmed milk powder. The firm procures and sells milk and milk products across India.
Dodla Dairy Ltd. CMP is 1220.40. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Profit Growth higher than Sector Profit Growth. The Negative aspects of the company are High Valuation (P.E. = 34), MFs decreased their shareholding last quarter and Poor cash generated from core business.
Entry can be taken after closing above 1223 Targets in the stock will be 1260 and 1298. The long-term target in the stock will be 1345. Stop loss in the stock should be maintained at Closing below 1126 or 1079 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.
CG power looks Powerful. CG Power & Industrial Solutions Ltd. engages in the design and manufacture of power conversion equipment products. It operates through the Power Systems and Industrial Systems segments. The Power Systems segment includes transformer, switchgear, and turnkey projects. The Industrial Systems segment offers electric motors, alternators, drives, and traction electronics.
CG Power & Industrial Solutions Ltd. CMP is 730.05. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are High Valuation (P.E. = 77.3), MFs decreased their shareholding last quarter, Inefficient use of shareholder funds.
Entry can be taken after closing above 733 Targets in the stock will be 754, 786 and 816. The long-term target in the stock will be 854 and 875. Stop loss in the stock should be maintained at Closing below 651.
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.
Nuvama wealth Management looking upwards Nuvama Wealth Management Ltd. is a stock broking company, which engages in conducting trading and broking activities for institutional as well as retail clients. It operates through the following segments: Capital Markets, Wealth Management, and Holding Company Activities. The Capital Markets segment includes institutional broking business, merchant banking business, and advisory. The Wealth Management segment distributes financial products and investment advisory.
Nuvama Wealth Management Ltd. CMP is 6727.60. The Negative aspects of the company are high Valuation (P.E. = 28.8), Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income. The positive aspects of the company are Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Good quarterly growth in the recent results, Strong Annual EPS Growth and Increasing Revenue every Quarter for the past 8 Quarters.
Entry can be taken after closing above 6742 Targets in the stock will be 6886 and 7021. The long-term target in the stock will be 7249 and 7484. Stop loss in the stock should be maintained at Closing below 5446.
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.
Reliance near major support zone. Reliance is a large cap company with a market cap of Rs.17,15,224 Crores. CMP of the stock is Rs.1268 with and EPS of Rs.50.2. PE of the company is 25.2. Ten year PE is 21.2. PE in July was 30.9 which has corrected to 25.2 now.
Reliance Industries is a fundamentally strong stock. The company covers following sectors.
1) Energy
a) Oil and Gas Exploration & Production
b) Refining & Marketing
c) New Energy & New Materials (Production of Green energy
2) Petrochemicals
a) Textiles
b) Polymers
c) Polyesters
d) Fibre Intermediates
e) Aromatics
f) Elastomers
g) Reliance Composites Solutions
3) Retail
a) JioMart
b) Smart Bazaar,
c) Reliance Digital
d) Just Dial
4) Jio
a) Digital Services
b) Telecom
5) Media and Entertainment
a) Jio Cinema
b) via com18
c) Network 18
d) Jio Studios
Thus Reliance is a company with vivid portals of revenue generation and investing in one company called Reliance empowers you into investment in spectrum of companies with multiple revenue sources. Investing in Reliance is like investing in Mutual fund.
The Weekly Chart (which we use for gaining long term perspective of a company) of Reliance indicates it is near a support zone. Immediate support being at 1254. 200 Weeks EMA of the stock or the Father line support is at 1176. This indicates that the stock might be near the bottom if it has not formed the bottom already. On the upper side when Reliance starts to move upwards the resistances will be at 1331 and 1396. 1396 being major Mother line resistance of 50 Weeks EMA. Above 1396 weekly closing Reliance will be very bullish again and can regain the levels of 1532 and 1600+ levels in 6 to 12 month. Channel top seems to be in the range of 1753 to 1980 range depending on the future results and future performances of various revenue streams. Bollinger band suggests a bounce in short to medium term in the stock. Looking at the index and weightage of Reliance in the index it will be imperative for Reliance to bounce for index to bounce in a most probable scenario. The waiting period can be 6 to 12 months as the stock is not very strong on technicals. however it is not below 200 Weeks EMA either.
Overall Reliance is a large cap stock that has created immense wealth over the years and I do not see any reason currently why it can continue to perform and create wealth for years to come. Outlook for the company in the year 2025 specially 3rd Quarter onwards looks very upbeat once the Green Energy production and revenue strats to trickle in. There is also a possibility of listing of JIO Digital and Telecom as a separate company in they year 2025. Listing of Reliance Retail as a company will be next. (Post Jio telecom listing). The potential of value unlocking in the stock remains immense in our opinion.
To know more about Techno-Funda investing, Mother Father and small child theory, Parallel channel you can read my book The Happy Candles way to Wealth creation available on Amazon in paperback or Kindle version. My book is now also available on Google Play books. Do read it. Have a look at the reviews which say that the book is a masterpiece and can be considered as a hand book for investing in equities.
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. There is also chance of bias in our opinion. I, my family or my clients may have a long position in the stock. 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.
Nitin Spinners can spin profitNitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. Its products include apparels and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. It operates under the Within India and Outside India geographical segments.
Nitin Spinners Ltd. CMP is 409.95. The positive aspects of the company are Attractive Valuation (P.E. = 14.9), Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Increasing profits every quarter. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter, Inefficient use of shareholder funds and Poor cash generated from core business.
Entry can be taken after closing above 412 Targets in the stock will be 431 and 449. The long-term target in the stock will be 462 and 475. Stop loss in the stock should be maintained at Closing below 385 or 375 depending on 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.
Antony Waste is certainly not waste.Antony Waste Handling Cell Ltd. engages in the provision of solid waste management services. Its services include waste collection and transportation, mechanized and non-mechanized sweeping, waste processing and treatment, and waste to energy.
Antony Waste Handling Cell Ltd. CMP is 736.75. The positive aspects of the company are Annual Profit Growth higher than Sector Profit Growth, Rising Net Cash Flow and Cash from Operating activity and Company able to generate Net Cash. The Negative aspects of the company are High Valuation (P.E. = 24.5), High promoter stock pledges, Stocks Underperforming their Industry Price Change in the Quarter and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 747 Targets in the stock will be 784 and 821. The long-term target in the stock will be 848 and 900. Stop loss in the stock should be maintained at Closing below 671 or 605 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.