ANDHRAPAP trade ideas
Andhra Paper Ltd upto 10X potential (Long Term)Entire paper industry is undervalued as of now, most are available at 40-50% below their intrinsic values.
Andhra Paper chart looks most bullish with upto 10X ROI in 2-3 years.
As per conventional TA, price broke out of trendline resistance and moving higher after retesting it as trendline support (Neon Green Line).
As per wave theory, price has formed 1-2, 1-2 pattern suggesting the 3rd wave can be extended upto 6300-6600 levels.
Other targets are highlighted according to your investment horizon.
Do your own due diligence before taking any action.
Peace!!
Andhra Paper LtdTARGET GIVEN IN CHART
SL - 556
FUNDAMENTALS
Market Cap
₹ 2,458 Cr.
Current Price
₹ 618
High / Low
₹ 675 / 391
Stock P/E
4.45
Book Value
₹ 442
Dividend Yield
2.02 %
ROCE
52.0 %
ROE
40.0 %
Face Value
₹ 10.0
Promoter holding
72.3 %
EPS last year
₹ 131
EPS latest quarter
₹ 25.2
Debt
₹ 14.4 Cr.
Pledged percentage
0.00 %
Net CF
₹ -3.22 Cr.
Price to Cash Flow
4.59
Free Cash Flow
₹ 422 Cr.
Debt to equity
0.01
OPM last year
35.2 %
OPM 5Year
24.2 %
Reserves
₹ 1,718 Cr.
Price to book value
1.41
Int Coverage
101
PEG Ratio
0.10
Price to Sales
1.16
Sales growth 3Years
18.2 %
Profit Var 3Yrs
35.8 %
ANDHRA PAPER LIMITED + Rounding Top + Just a View📊 Script: ANDHRAPAP (ANDHRA PAPER LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Commodities Forest Materials
📊 Industry: Paper & Paper Products
Key highlights: 💡⚡
📈 Script is trading near its support level which is around 410 mention is chart.
📈 if script is able to break its support level then one can short script.
📈 Short below 410 only.
SHORT BELOW/entry below 410
⏱️ C.M.P 📑💰- 413
🟢 Target 🎯🏆 - 357
⚠️ Stoploss ☠️🚫 - 440
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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