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BHANSALI ENGINEERING POLYMERSBHANSALI ENGINEERING POLYMERSBHANSALI ENGINEERING POLYMERS

BHANSALI ENGINEERING POLYMERS

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BEPL trade ideas

BEPLPursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today had, inter alia: 1. Approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2024, after the Limited Review by the Statutory Auditors; 2. Declared 1s1 Interim Dividend ofRe.1 / - (100 %) per Equity Share (of the face value of Re.1 each) for financial year 2024-25, subject to deduction of tax at source; 3. Fixed Thursday, the 25th J uly, 2024 as the Record date for determining entitlements of shareholders to receive 151 Interim Dividend for financial year 2024-25. The 1st Interim Dividend will be paid on or before 02°d August, 2024. 4. Updated the Board members on the proposed enhancement of ABS production capacity from 75000 TPA to 200000 TPA at Company's existing plants a t Abu Road (Rajasthan) and Satnoor (Madhya Pradesh) and were informed that TOYO's report (on Front End Engineering Design (FEED) and CAPEX Cost Estimation) was expected in June 2024 but the same is taking more time as compared to the original timelines, mainly due to required multiple interactions with International suppliers to select the most advanced machinery for vital Process Sub-systems such as Slurry Filtration system, Powder Drying system, Strand pelletising system etc. The FEED package with realistic project cost is now expected from TOYO by the end of September 2024. Inspite of this timings, the Management shall endeavour to implement the project as per original schedule i.e. by March 2026. The meeting commenced at 11:00 a.m. and concluded at __ p.m.
NSE:BEPLLong
by gakingofkings
BEPLPursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today had, inter alia: 1. Approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2024, after the Limited Review by the Statutory Auditors; 2. Declared 1s1 Interim Dividend ofRe.1 / - (100 %) per Equity Share (of the face value of Re.1 each) for financial year 2024-25, subject to deduction of tax at source; 3. Fixed Thursday, the 25th J uly, 2024 as the Record date for determining entitlements of shareholders to receive 151 Interim Dividend for financial year 2024-25. The 1st Interim Dividend will be paid on or before 02°d August, 2024. 4. Updated the Board members on the proposed enhancement of ABS production capacity from 75000 TPA to 200000 TPA at Company's existing plants a t Abu Road (Rajasthan) and Satnoor (Madhya Pradesh) and were informed that TOYO's report (on Front End Engineering Design (FEED) and CAPEX Cost Estimation) was expected in June 2024 but the same is taking more time as compared to the original timelines, mainly due to required multiple interactions with International suppliers to select the most advanced machinery for vital Process Sub-systems such as Slurry Filtration system, Powder Drying system, Strand pelletising system etc. The FEED package with realistic project cost is now expected from TOYO by the end of September 2024. Inspite of this timings, the Management shall endeavour to implement the project as per original schedule i.e. by March 2026. The meeting commenced at 11:00 a.m. and concluded at __ p.m.
NSE:BEPLLong
by gakingofkings
1
#BEPL an Hidden GEM looking to Shine like a STAR #superchartzKey Levels: Support: 145 CL Resistance: 165 to 170 CL Technicals: Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It offers a dividend yield of 2.56% and a price to book value of 4.09. The company’s EPS stands at ₹ 7.33, and it has achieved a notable 44.0% return over the past three months, though its three-year return is a modest 4.85%. The enterprise value is ₹ 3,560 Cr, with a CMP/FCF ratio of 18.0, and it maintains a Piotroski score of 7.00, suggesting a strong financial position. Fundamentals Business Overview: Bhansali Engineering Polymers Ltd manufactures and sells ABS and SAN resins, among other plastics. ABS resins contribute significantly to the company’s revenues. Revenue Breakup FY23: ABS: 92.6% SAN: 1.74% Trading Sales: 5.68% R&D Achievements: Development of 16 new grades with improved properties, and commercialization of 6 of them. Development of 125+ new color grades with 36 commercialized. JV with Nippon: 50:50 JV with Nippon A&L Inc. for expanding business in Styrenics Resins. Manufacturing Capabilities: Two facilities in Abu Road, Rajasthan, and Satnoor, MP with a total capacity of 75,000 TPA. Capacity utilization at 97% in FY23. Capacity Expansion: Plans to expand ABS and SAN capacity to 145,000 TPA by March 2026, with an approved Capex of 500 Cr delayed due to COVID-19. Financial Ratios: ROCE: 24.4% ROE: 18.1% Return on Assets: 16.2% Sales: ₹ 1,267 Cr. OPM: 17.1% Current Ratio: 7.30 Debt to Equity: 0.00 Inference: Bhansali Engineering Polymers Ltd exhibits strong technical indicators with a significant recent price increase and a healthy dividend yield. Its fundamental aspects show robust business operations, particularly in the ABS segment, supported by strategic R&D and a significant capacity expansion plan. The company's financial health is strong with high ROCE, ROE, and zero debt, indicating efficient management and potential for growth, especially with its focus on the automotive industry and support from its JV with Nippon.
NSE:BEPLLong
by SuperChartz
1
Bhansali Engineering Polymers Ltd multiyear breackout 2017Objective: To capitalize on the anticipated multi-year breakout of BEPL as it approaches its 2017 high. Entry Strategy: Enter the trade upon confirmation of a weekly candle crossing 3% above the 2017 high of 148. This confirms the breakout level at approximately 153. Initial Stop-Loss: Set an initial stop-loss at 137, which is 10% below the breakout level to manage downside risk. Target: Aim for the pattern cup n handel target as indicated on the chart, which is 279.55. This represents the potential upside if the breakout is successful. Trailing Stop-Loss Strategy: Once the stock moves past the breakout level, implement a trailing stop-loss using the Supertrend indicator. Adjust the stop-loss level according to the Supertrend signals to lock in profits while allowing the trade to continue in a favourable direction. Monitoring and Adjustments: Regularly monitor the weekly and monthly charts for any changes in price action and volume. Be prepared to adjust the stop-loss levels and targets based on market conditions and Supertrend signals. Risk Management: Ensure the stop-loss and trailing stop-loss strategies are strictly followed to protect against potential losses. Review the trade periodically and make necessary adjustments in response to significant market movements or changes in the technical setup. By adhering to this structured strategy, we aim to maximize potential gains from the anticipated breakout while managing risks effectively. Disclaimer: This strategy is based on a technical analysis of Bhansali Engineering Polymers Ltd. (BEPL). The execution of this strategy involves inherent risks, including the potential for financial loss. This is not a recommendation to buy or sell BEPL or any other financial instrument. Individuals should conduct their own thorough research and consider their own risk tolerance before making any investment decisions. The responsibility for any trade entered into based on this strategy rests solely with the individual making the trade.
NSE:BEPLLong
by prince13amit
BEPL giving a breakout on bounce. Bhansali Engineering Polymers Ltd. engages in the manufacture and sale of acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) resins. Bhansali Engineering Polymers CMP is 99.68. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, Growth in Operating Profit with increase in operating margins (YoY) and MFs increased their shareholding last quarter. The Negative aspects of the company are Companies not able to generate net cash. Entry can be taken after closing above 100. Targets in the stock will be 103, 106 and 109. The long-term target in the stock will be 113 and 117. Stop loss in the stock should be maintained at Closing below 88. 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.
NSE:BEPLLong
by Happy_Candles_Investment
BEPL - Nice breakoutHello Friends, I hope this email finds you well. I am excited to share with you a trade opportunity that has caught my attention. During today's session, BEPL presented a breakout scenario. The stock price had been consolidating within a range, and notable higher highs were observed in the timeframe. I entered the trade at 95, and the current market price (CMP) is 103.15. From a technical standpoint, the breakout accompanied by significant volume is a positive indicator for the stock. I anticipate it to breach the recent high at 110, aiming for the all-time high at 145. My optimism lies in the comparatively lower resistance at 145, with the price dropping by 60% from the previous all-time high. In the past, the drop from this level was much steeper at 88%, meaning it attracts more buyers at this level. The rally from 70 levels to 110 was nice in the short term with significant volume. The second leg was range-bound between 96-87, and now this breakout. Taking a closer look, the price movement has formed a cup and handle pattern, suggesting a potential breakout. A move above 145 opens up an optimistic target, and I am looking at 250 as the potential target for the cup and handle formation. Disclaimer: Trading stocks come with inherent risks, and market conditions can change rapidly. This recommendation is based on my analysis, and trading decisions should be made with caution. It is essential to conduct thorough research and consider your risk tolerance before making any financial decisions. The stock market is unpredictable, and past performance does not guarantee future results. Always exercise your discretion and, if needed, consult with a financial advisor to ensure your investment strategy aligns with your financial goals.
NSE:BEPLLong
by Mreasytrade