looking for 76 percent rise in first quarter of 2024 from 27-11Maitri is a real estate company that operates in India. The company is engaged in the development, sale, and leasing of residential and commercial properties. Maitri was founded in 2000, and it is headquartered in Mumbai, India.
Maitri has a strong track record of growth, and the company has been consistently profitable over the past few years. The company has a diversified portfolio of projects, which includes both residential and commercial properties. Maitri has also expanded its geographic footprint in recent years, and the company now has operations in several major cities in India.
Maitri's stock has performed well in recent years, and it has outperformed the benchmark indices. However, the stock is still relatively volatile, and it has experienced significant price swings in the past.
Overall, Maitri is a well-established company with a strong track record of growth. The company is well-positioned to benefit from the ongoing growth of the Indian real estate market.
Here are some of the factors that could affect Maitri's stock price in the future:
* The overall performance of the Indian economy
* The demand for real estate in India
* The company's ability to execute its growth plans
* The company's financial performance
If you are considering investing in Maitri, I recommend that you do your own research and carefully consider the risks involved.
**Specifically about the 30% upside potential:**
Maitri's stock price is currently trading at ₹1,000 per share. If the stock were to rise by 30%, it would reach a price of ₹1,300 per share.
There are a few factors that could contribute to rise in Maitri's stock price:
* An improvement in the overall performance of the Indian economy
* A surge in demand for real estate in India
* The company's successful execution of its growth plans
* The company's strong financial performance
Stocktobuy
RL Possible buy emergingToday, I am looking at American fashion company, Ralph Lauren Corp. with ticker #RL. It has been growing steadily for quite some time now, and it looks like it doesn't plan on stopping.
Though fundamentals of the company seem pretty good, I will not be going through them, I will only focus on technical analysis here, as I always do.
What am I looking at?
1. When you check the Weekly chart, you can see a massive bullish run. Stock price have increased more then 40% in the last 10 weeks.
2. Daily chart, is giving us the opportunity to position ourselves. If you missed the initial run, you still have a chance to enter at this stock.
3. Formation we can currently see on the chart is called Cup and Handle, it is forming perfectly fine. What I usually like to see in such formations is volume drying up a bit, but price is rising step by step. No unusual moves.
4. Bottom of the Cup formed perfectly, it hit the 21EMA-red line, and bounced of off it. After that, the Handle as well bounced of off the exact same moving average.
5. My first position would be the break of the previous high, sitting at $190.47 price level. Once I enter at that price level, my stop loss will be below the 21EMA. To be precise, it will most likely be put just below the Handle low, at around $181-182.
6. Once I enter, I will be closely monitoring what is the price doing, and as always, I will be updating you.
Please do your due diligence with investing your hard earned money. Thanks and good luck!
AVD Great Buy Between $9.56 and $10.58.AVD has three simple trading levels and is trading near the lows around $9.56 to $10.58. There are long wicks down to $9.56 and below for the best entry opportunities. I think AVD could present a buy opportunity over the next few weeks or months and I would be willing to buy around $9.56 or lower. For now there has been a missed opportunity and AVD is trending up. I would wait for a pullback though.
🏗-IRB can it become MULTBAGGER from here..multi year breakout??Is anyone aware of what is causing the recent price action in IRB on the NSE?
The stock seems to be breaking out with significant volume against a multi-year resistance level.
Despite the lack of alignment between fundamentals and technicals at the moment,
Speculating - could it potentially become a multi-bagger after crossing 7X from the bottom?
Any insights on this?
disc: Invested with tight stop loss, do you own research and potentially add more in stock gives an entry opportunity again
HDFCAMC- Technical and Fundamental ( Concall summary)NSE:HDFCAMC
📈 #HDFCAMC Performance Update
1/🧵 AUM Growth 🌟: A strong year for HDFC AMC with a 20% YoY increase in quarterly average AUM, hitting a record INR 47 trillion. Equity-oriented funds grew by 26% YoY, reaching INR 23.1 trillion. #AUMGrowth #EquityFunds
2/🧵 Debt Funds Surge 💰: The quarter saw debt funds' AUM rise to INR 10.3 trillion. The B30 MAAUM category also showed significant growth, indicating rising mutual fund acceptance in these markets. #DebtFunds #MarketExpansion
3/🧵 Record-Breaking AUM 🚀: For the first time, the company's quarterly average AUM crossed INR 5 trillion, reaching INR 5.25 trillion - a 22% YoY growth. #RecordGrowth #FinancialMilestones
4/🧵 Market Share Momentum 📈: HDFC AMC’s market share continues to rise, with an overall QAAUM market share of 11.2% and 12.5% excluding ETFs. #MarketShare #InvestmentGrowth
5/🧵 Equity-Oriented Focus 🌐: The company's asset mix is now more equity-oriented, making up 58% of the total AUM. Also, its unique investor base expanded to 7.9 million by September 2023. #EquityFocus #InvestorBase
🆕 New Product Launches
6/🧵 Diverse Offerings 🛍️: HDFC AMC launched various new funds, including non-cyclical consumer, transportation & logistics, technology, and pharma & healthcare funds. #FundLaunch #Diversification
💹 Financial Performance Insights
7/🧵 Revenue and Profit Surge 💸: The company’s revenue from operations for Q2 grew by 18% YoY to INR 6.43 billion, while operating profit increased by 20% YoY to INR 4.67 billion. #RevenueGrowth #ProfitIncrease
8/🧵 Cost Dynamics 💼: Staff costs rose by 11% YoY, and other expenses grew by 22% YoY. #OperationalCosts #FinancialHealth
🔄 Marketing and Distribution Strategies
9/🧵 Long-term Investing Focus 🔄: HDFC AMC emphasizes SIP and systematic transactions for disciplined, long-term investing. #SIP #LongTermInvestment
10/🧵 Strengthening Partnerships 🤝: The company is enhancing its collaboration with HDFC Bank to leverage the bank’s distribution network, adding a dedicated vertical for this channel. #StrategicPartnerships #BankingNetwork
11/🧵 Market Share Gains 📊: A combination of performance, product range, and distribution efforts has led to market share gains, particularly in SIP flows and unique investors. #MarketShare #InvestorGrowth
12/🧵 Customer-Centric Approach 🧑💼: The company's focus on individual customers has resulted in increased folios and average AUM per folio, with higher flow market share in HDFC Bank. #CustomerFocus #GrowthStrategy
🔍 Other Key Highlights
13/🧵 Dividends and Future Plans 💼: HDFC AMC expects an upward trend in dividend payout ratios and plans to launch new funds, subject to regulatory approvals. #Dividends #FuturePlans
14/🧵 Passive Investment Strategy 🛠️: The company is expanding its product offerings in the passive space while maintaining a balance with active investment strategies. #ETFs #InvestmentApproach
15/🧵 Cost and Guidance Outlook 🔭: Expectations are for employee costs to increase annually by high-single-digit or low-double-digit percentages. No specific guidance provided for the upcoming financial year. #CostOutlook #FutureGuidance
📈 Chart analysis
16/🧵Sharing my trances, and hopefully, the stock move towards the key levels with some strong financial performance in coming weeks and months
🔚 Stay tuned for more updates and insights on HDFC Asset Management and follow Peaceful Weekend Investing and your friend Shivendra Bhatia
#HDFCAMC #InvestingJourney
NSE-TATACONSUM - Short term trend tracking up? NSE:TATACONSUM
Tata Consumer Products Ltd, a prominent member of the Tata Group, is a key player in the food and beverage industry, both nationally and abroad. This tea company is the second largest in the world and dominates many markets. It has expanded beyond South Asia, with a particular focus on India. foothold in several other regions such as Canada, the United Kingdom, North America, Australia, Europe, the Middle East, and Africa.
Acquisition of Food Business
In FY2020, the company got the consumer products business from Tata Chemicals Ltd. This includes selling salt with the name 'Tata Salt', and food products like spices and pulses with the name 'Tata Sampann'. It was an all-equity deal. counts for about 71% of branded business revenues of the company. About 22% of the revenue comes from business operations outside of the local area, including Canada, the United States, the United Kingdom and Europe, the Middle East, and Australia.
Branded Vs Non-Branded
90% of total revenues come from branded food & beverages business & the rest 10% comes from the non-branded business of company.
Revenue segmentation
India Beverages(37% of revenue) - Brands such as Tata Tea, Tata Gluco+, Himalayan, Tata Coffee Grand
India Foods(27% of revenue) - Brands such as Tata Salt, Tata sampann, Tata Soulfull, Tata sampann yumside
US Coffee(11% of revenue) - Brands such as Eight O'clock
International Tea(15% of revenue) - Brands such as Tetley, teapigs, Good Earth
Tata Coffee(10% of revenue)
As of 9MFY23, Growth businesses include Tata Sampann, NourishCo, Tata Soulfull, and the RTE/RTC business (Tata Smartfooz) grew 53%YOY
Tata Starbucks
It is a joint venture between Tata Consumer Products and Starbucks Corporation of America wherein the company is working towards expanding the presence of Starbucks retail coffee stores in the subcontinent of India.
Presently, it operates 311 Starbucks stores in the nation.
source : screener
disc: Invested first trance
BNGA: Banking's Bullish Outlook May PersistsHi Fellow Traders!
The current trend indicates a bullish continuation pattern , characterized by the price making new highs and new lows. Following this, there is a significant breakout from the falling wedge pattern, accompanied by substantial trading volumes and the appearance of a bullish marubozu candlestick. Additionally, the Stochastic has also formed a golden cross in the oversold area, indicating the potential for an upward movement in BNGA. Through a comprehensive analysis of these technical factors, it is reasonable to conclude that BNGA is well-positioned to sustain its upward momentum and advance toward the target area.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered as a recommendation to take a long or short position on
IDX:BNGA ."
☀️🌞Surya Roshni Limited Chart analysis- upside on cards?Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. The company operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments.
It offers ERW pipes for agriculture industry and construction activities, such as scaffolding and casing in bore wells; spiral welded pipes for transportation of oil, gas, and water; cold rolled strips and sheets; and hollow section pipes.
The company also provides various LED lamps, fittings, down lighters, and power drivers/strips; extension board, holder, and immersion heater; irons, torches, and lanterns; indoor commercial, industrial, roadway, flood, landscape, and solar lightening products; and accessories, HID lamps, light sources, and high masts and poles.In addition, it offers celling, table/pedestal/wall, and domestic and industrial exhaust fans; and home appliances, including mixer grinders, juicer mixer grinders, dry and steam irons, induction cooktops, sandwich makers, pop-up toasters, storage and instant water heaters, immersion water heaters, air cooler, oil filled radiators, heat convectors, halogen and quartz heaters, and electric kettles.
Further, the company provides CPVC, and uPVC plumbing and SWR pipes, as well as related fittings; and uPVC pressure piping systems. It exports its products to approximately 50 countries worldwide.
Surya Roshni Limited was founded in 1973 and is headquartered in New Delhi, India.
Disc: not invested , only on my watchlist , Do you own research before buy and sell
#HUDCO made a new ATH after more than 6 years Stock made a new ATH after more than 6 years and today Stock is up >19%.
Such stocks tend to go much higher.
Anyone looking for a long-term investment, then this can be a good stock to add to long-term portfolio.
If market gives a chance, can add to stock also at ₹100-₹110 levels.
Also, this stock has been consistently giving dividends as well.
NSE:CHENNPETRO - Can it break way multyear high this time?Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.
Company has reduced debt.
Stock is trading at 0.92 times its book value
Company is expected to give good quarter
Company has delivered good profit growth of 31.1% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 54.7%
Company's working capital requirements have reduced from 25.9 days to 11.0 days
NSE:CHENNPETRO
disc: No investment
TRIGYN Technology Weekly Timeframe analysis for long term
NSE:TRIGYN has taken strong bounce from NSE listed price level of 18.
Over last year it has formed and created LH HL structure which is bullish indication.
We can see long term move above 145 with can buy more till 124 with SL 120.
Major targets levels are highlighted in blue lines.
Monthly chart:
(NSE:OCCL )Oriental Carbon on move up Market Share: #
OCCL is the sole manufacturer of Insoluble Sulphur (IS) in the domestic market.
Majority of demand for insoluble sulphur is derived from the automotive tyres industry.
It enjoy a domestic market share of nearly 55%-60% and around 10% market share in the global market.
OCCL has established itself as a preferred first/second supplier to all major tyre manufacturers in global markets
Capacity as of FY20: #
IS plant spread across 2 units (Dharuhera & SEZ Mundra) of 34,000 metric tonnes per annum.
Upcoming Capex #
Capacity expansion underway to expand the Insoluble Sulphur capacity by 11,000 MTPA & Sulphuric acid capacity by 42,000 MTPA, spread across two phases at its Dharuhera facility.
Total project will cost 216 Cr, funded with a debt equity ratio of 2:1.
Phase-I of IS capacity expansion by 5500 MTPA along with Sulphuric acid capacity at an outlay of 156 Cr is underway. Commissioning for the project has been pushed to July2021 from Q3FY21 as envisaged earlier for phase-1.
reference: Screener.in
Supriya Life science Weekly Timeframe analysis for long term
NSE:SUPRIYA has formed clear bullish structure and taken solid bounce from support 237-250 zone.
Buy Level is 283. We can see long term move above 300 with SL of 260 if it give pullback buy more near 280 to 290 range.
Major targets levels are highlighted in blue lines.
SIGNET INDUSTRIES Weekly Timeframe Analysis for long term
NSE:SIGIND has created Cup And Handle Pattern in Monthly Timeframe and also breakout Opening Price 66 when it was listed in NSE.
We can see long term move above 66 with SL of 58 can average till 55.
Major targets levels are highlighted in blue lines.
SAT Industries Daily timeframe analysis for long term
NSE:SATINDLTD has given strong breakout to inverse head and shoulder pattern after strong retracement from golden zone.
We can see long term move above 113 with SL of 102 and can average till 105.
Major targets levels are highlighted in blue lines.