CHAMBLFERT trade ideas
Chambal Fertilizers Target : Bullish📈 Chambal Fertilizers Target: Rs. 484 🚀
📉 Breakout: Falling Wedge Pattern 👏
📊 Good Volume at Breakout 💪
💰 Buying Price: Rs. 280-290 💵
Disclaimer: Please note that stock investments carry risks. Always do your research and consult with a financial advisor before making any investment decisions. 📈💼 #StockMarket #InvestWisely
Potential upside 20%... Chambal fertilizer Major positive deviation in RSI and ongoing consolidation around bottom level making it an investment for near term targets of 305-325-343 in 3-6months. Can evaluate to accumulate around these levels till 265-70 if it goes. Large volume deliveries also indicates a bottoming out phase.
Chambal Fertilisers & Chemicals Ltd
The company's product portfolio includes fertilisers and agri-inputs such as Urea, Di-ammonium Phosphate (DAP), Muriate of Potash (MOP), Ammonium Phosphate Sulphate (APS), different grades of NPK fertilisers, Sulphur, Micronutrients and Agrochemicals. It only manufactures Urea from its production plants and markets/ trades other fertilisers and agri-inputs through its distribution network.
Breakout above inverse head and shoulder pattern
Targets and stop loss mentioned in chart - Buy and hold for this monsoon. (short term)
Market Cap
₹ 12,218 Cr.
Current Price
₹ 294
Stock P/E
10.4
Book Value
₹ 163
Dividend Yield
2.57 %
ROCE
23.4 %
ROE
26.4 %
Face Value
₹ 10.0
Promoter holding
60.6 %
EPS last year
₹ 37.6
EPS latest quarter
₹ 7.79
Debt
₹ 6,934 Cr.
Pledged percentage
26.3 %
Net CF
₹ -356 Cr.
Price to Cash Flow
-504
Free Cash Flow
₹ -188 Cr.
Debt to equity
1.02
OPM last year
14.1 %
OPM 5Year
14.8 %
Reserves
₹ 6,371 Cr.
Price to book value
1.78
Int Coverage
7.23
PEG Ratio
0.29
Chambal looking good for buyChambal is under selling pressure and trading near the support zone... Price is trapped between the downtrend line and 1st major support. If the price breakout the trendline, the chances of a 25-30% rally. Keep stop loss very tight. (I am not a financial advisor, it's purely based on my analysis. Feel free to correct me in the comment box :) )
CHAMBLFERT - Result factorChambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants.
52nd week High/Low: 516/261
Market Cap: 12817cr
ROCE: 23.4%
PE Ratio: 9.90
Debt to Equity: 1.02
Sales - UP
Sep 2021: 4479
Jun 2022:7291
Sep 2022: 8587
Net Profit - DOWN
Sep 2021: 506
Jun 2022: 342
Sep 2022: 274
EPS - DOWN
Sep 2021: 12.16
Jun 2022: 8.21
Sep 2022: 6.59
Buying Range: 304 - 293
If price moves up from current level 311 would be a good price to get into this counter, keeping a stop below 293.
One can look for a Target of 366 in the short term.
The stock had hit its 52nd week low on 01.07.2022 before reaching the levels of 366.
Since then the stock has witnessed a selling pressure making it an attractive option to buy at support levels.
EMA 200:344.60
EMA 100: 335.60
EMA 50: 327.40
EMA 20: 323.40
EMA 9: 321.14
CMP: 308.05
Another factor that could give a strong reversal.