SUBROS trade ideas
SUBROS 1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
Subros gearing up for a solid comeback.Subros Ltd. engages in the manufacture of thermal products for automotive applications. Its products include compressors, condensers, heating, ventilation, and air conditioning systems, tubes and hoses, bus air conditioners, rail air conditioning, transport refrigeration system, truck cabin air conditioning system, and off-roader air conditioning.
Subros Ltd. CMP is 564.05. The Negative aspects of the company are High Valuation (P.E. = 43.1), Declining cash from operations annual, MFs are decreasing stake. The positive aspects of the company are No debt, Zero promoter pledge, Improving annual net profit, FIIs are Increasing stake.
Entry can be taken after closing above 574. Targets in the stock will be 603 and 638. The long-term target in the stock will be 652. Stop loss in the stock should be maintained at Closing below 495.
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.
subrosAll truck cabins will have to be mandatorily air-conditioned starting in 2025, according to Union Road Transport and Highways Minister Nitin Gadkari.
The commercial vehicle makers have been allowed 18 months to make this mandatory transition.
According to reports, the additional expenditure for installing ACs in truck cabins would be around Rs 10,000 to Rs 20,000 for each truck.
Script : SUBROS LTD. SUBROS
CMP 460
Sl below 400
TGT - 550-660+
Positive Factor: Good breakout volume with low pullback volume on my mind
Also keep Increased FII stake quarterly and decreased retailers holdings
Note: It's just an idea not any personal recommendation for the buying or selling the mentioned stocks in my profile
I do provide limited but valuable ideas 💡 as i believe in quality not quantity in the world full of misleading information..
Subros @365 Bullish studiesSubros looks good on charts as it hasnt fell like other stock has been through.
has made fantastic bullish patterns which technical analyst like to learn and move through them
Positives
1. it has given breakout from price channel which is a bullish pattern.
2. Break out from Range - subros after giving BO from falling wedge remained in range and now it is able to sustain above the 340 odd levels.
3. 200 DMA - well placed above 200 day moving average. which is healthy and +ve sign as per technical analysis.
4. Double Bottom : it made double bottom near 275 indicates the bullishness in stock & even we can say rounding bottom type pattern from their.
5. leading indicator RSI above 50 another good sign.
6. another indicator MACD which shows direction is positive as well.
7. after drawing Fibo levels we can see 375 being a resistance above it 398 - 420 levels can be tested and 500 - 600 can be seen if it move above it.
These pattern suggesting initiate a buy call and even in dips as it moves like, can give fantastic returns. SL can be placed near 285- 300.
Disclaimer: not sebi registered the view is only for education purpose please ask advisor before investing.
subrosSubros was established in 1985 as a joint venture between the Suri Brothers, Denso Corporation, Japan and Suzuki Motor Corporation, Japan.
The company has grown from a capacity of 15,000 AC units in 1985 comprising of largely an assembly operation, into the largest and only integrated manufacturing unit in India for Auto Air Conditioning systems. The company has the capability to manufacture compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC Loop.
Subros has three plants in Noida, one in Manesar and one in Pune. It also has a R&D centre and Tool room in Noida. The manufacturing capacity has grown to a level of 7,50,000 AC units per annum and there is a plan to go to a level of 1,000,000 per annum by 2008.
Subros has production facility in Noida, Manesar and Noida plant produces state-of-the-art, Brazed Multi Flow (MF) Condensors, Serpentine (SP) Condensors and SP Evaporators. The facilities also include injection moulding shop for manufacture of final assemblies and cooling units.
In 2010 The Company and Denso Corporation Japan agreed to form a Joint Venture Company in India for designing automobile air conditioning systems and other devices.
2011-12 Inauguration of Chennai Plant.
2012-13 Subros Launched Transport Refrigeration Systems
Compressor & HAVC Division of Noida: The compressor plant produces 10P and 10S compressors for various vehicle applications. This plant extensively uses CNC machines and automatic testing equipment for production of compressors. This plant also produces hoses and tube liquids using state-of-the-art equipment.
Die Casting Division / Tool Room of Noida: Subros posses India's only Squeeze Die Casting plant to produce high quality intricate castings using squeeze and vacuum die casting. The technology is provided by the collaborator M/s Denso Corporation, Japan.
Manesar Division : Plant has been set up in Manesar in vicinity of the MUL factory on a land area of 38000 sq mtrs. The plant is equipped with latest state of art manufacturing and testing facilities.
Pune Division : Pune Plant has been built in Chakan , Pune on a land area of over 24000 sq mtrs. The plant's vicinity to TML helps in providing faster and efficient service to the customer. The plant will also cater to the requirements of all other west based customers. The plant has latest production facilities and a new product design/ development setup as well.
Product range of the company includes:
Subros products are known for their reliability, energy efficiency and low noise levels, making them the OE customer’s preferred choice. The company manufactures new generation energy efficient swash plate compressors from 83cc ~ 138cc to meet all the customer needs in India. HVACs, Condersors and pipings are designed to suit vehicle configurations.
Compressors- Subros has wide range of swash plate of compressors, compatible for R12 as well as eco friendly R-134a Refrigerant. These compressors are available in different size and capacities to suit your requirements and engine power. Because of its unique design. These compressors draw little power from engine and works efficiently and silently.
Condensors- Subros is the largest manufacturer in India for the automotive condensors. These condensors are manufactured in house with technical collaboration with M/S Denso Corporation of Japan on Japanese machines.
Evaporators- Subros existing serpentine evaporators with corrugated fins, are highly efficient and light in weight. After extensive trial, Subros has adopted latest technology in evaporators. Multi-Flow (MF) evaporators are 50% lighter in weight and 15% better in performance than existing serpentine evaporator. They also give higher fuel efficiency, better cooling, easy service in the field and need less refrigerant.
Blowers- High speed, low current consumption Blowers with air discharge resulting in complete circulation of air in passenger compartment. Suitable for All Maruti, Telco, Honda City vehicles.
Heaters- Aluminium Heater light weight, smaller in size high heat transfer unit suitable for Alto / Wagon-R, Versa, Baleno vehicles
Tubes & Hoses- made from special grade aluminium material with wrinkle free bending and special grade rubber material for carrying high pressure R134a environment friendly refrigerant from Compressor to Condensor to Evaporator in order to keep the Vehicle cabin cool during summer.
SUBROS LTD ( EDUCATIONAL PURPOSE ONLY)Nothing guaranteed and Nothing over week
Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
SUBROS LTD. @ 388 with target of 400.CMP IS 384.15.
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR ONE OR TWO PERCENT BELOW 350
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis is for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
SHARE MARKET ANALYST
B.Sc. (MATHS & PHYSICS)
Trying to spread happiness and knowledge
Disclaimer: I AM NOT SEBI REGISTERED
SUBROS : Buy set upSUBROS has begun moving up with the rest of the auto sector. A fresh news has also come that along with the automotive aircons it will also be manufcaturing domestic Acs. That should get it into a new phase. A trade above 174 look attractive for a run up to 190 210 levels. Wait for the breakout and keep stops at 160