Elantas Beck India Ltd.*Elantas Beck India Ltd.*
C&H Pattern: Weekly Basis
7th Attempt at Breaking Price Trendline
Need to Sustain
With Upside, Trail SL
Book Profit as per Risk Appetite
Snapshot
Estab. In ’56. Mfgs. Specialty chemicals for Electrical Insulation / Construction Inds.
Part of ALTANA Gmbh– Germany.
+ve Outlook of End-user Inds: Railways (incl. Metro) /Power/Telecom/Electronics/Automotive.
Stable Sales / Profitability: Monthly Basis. Growing on Yrly Basis.
RoA/RoE/RoCE: Continued in Double Digits
Zero Debt, High/Growing TNW. +ve CF from Ops.
C&CE: Rs.19 Crs / MF holdings: Rs.282 Crs (Jun’22)
Healthy Cash Accruals from Ops.
High Parent Co. Stake at 75%. FII: 0.82% / DII:11.31% (Dec’22)
Concern:
RM price fluctuation (Crude Oil).
Do Your Own Research as Well. This is Just an Opinion.
Happy Investing :)
