... Pure Technical Tukka ... KHADIM INDIA LTD ... NSE:KHADIM
as per Studies Thought by Institutions ... we are assuming -6.6 % of SL and Going for the Target of +24.15% ...
That means ... we are Maintaining around 1:4 RR (Risk Reward Ratio)
This Trade is Pure Tukka ...
Fundamental Ratio's Are Not Satisfying ... Every Analyst Would Say that Stay Away From Khadim India Ltd ...
Then Why Our Page is Sharing This Stock As Buying Suggestion ?
Entering a Trade with a STOP LOSS ... SL of -6.6% .... is not a Bad Practice ....
if anyone is Afraid of SL then He/She should stop or quit Trading ...
KHADIM trade ideas
Khadim may shine like new leather shoeKhadim India Ltd. engages in the selling and distribution of footwear. The firm offers boots, flip-flop, sandals, shoes, slippers and sneakers for men, women and kids. It also offers accessories, including belt, card holder, combo box, cross body bag, note case, wallet, hand bag, clutch bag, shoulder bag and sling bag. The Company is the second largest footwear retailer in India in terms of number of exclusive retail stores operating under the Khadim's brand.
CMP of the stock is 362.50. The company's Positive aspects are Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Net Profits improving for last 2 years, Annual Profit Growth higher than Sector Profit Growth, Promoters increasing shareholding . The Negative aspects of the company are High Valuation (P.E.=68.9), MFs decreased their shareholding last quarter, Major fall in TTM Net Profit and De-growth in Revenue and Profit .
Entry can be taken after closing above 370. Targets in the stock will be 385. The long-term target in the stock will be 402, 415 and 425. Stop loss in the stock should be maintained at Closing below 310.
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.
Khadim India Ltd
STOPLOSS - EXIT IF CLOSED BELOW TRENDLINE
TARGET - MENTIONED IN CHART
FUNDAMENTALS
Market Cap
₹ 656 Cr.
Current Price
₹ 365
High / Low
₹ 365 / 175
Stock P/E
41.5
Book Value
₹ 125
Dividend Yield
0.00 %
ROCE
10.4 %
ROE
7.15 %
Face Value
₹ 10.0
Promoter holding
60.3 %
EPS last year
₹ 9.74
EPS latest quarter
₹ 0.92
Debt
₹ 310 Cr.
Pledged percentage
0.00 %
Net CF
₹ -3.58 Cr.
Price to Cash Flow
16.7
Free Cash Flow
₹ 49.1 Cr.
Debt to equity
1.37
OPM last year
11.3 %
OPM 5Year
6.58 %
Reserves
₹ 207 Cr.
Price to book value
2.90
Int Coverage
1.67
PEG Ratio
-2.66
Price to Sales
1.01
Sales growth 3Years
-5.07 %
Profit Var 3Yrs
35.9 %
Resistance Breakout - KHADIMPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.