djneshit

djneshit

A double bottom pattern is a bullish reversal chart pattern that signals a potential shift from a downtrend to an uptrend. It forms when a stock's price hits a support level twice, creating a "W" shape, and suggests that the stock may rally after breaking the resistance level. Hi-Tech Pipes has demonstrated notable financial performance and strategic initiatives...

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Rama Steel Tubes Limited has demonstrated notable developments recently: Sales Growth: In Q2 FY25, the company reported a sales volume of 50,921.67 tons, marking a 42.32% year-over-year increase and a 36.28% rise from the previous quarter. Green Energy Initiatives: Rama Steel Tubes has entered the renewable energy sector by partnering with Onix Renewable Ltd. to...

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It is in the Verge to Complete the Inverted Head & Shoulder. 😍😍 Gear Up For a move above 800 Adani Total Gas Ltd (ATGL) has demonstrated strong financial performance and strategic growth initiatives in recent periods. In the fiscal year 2024, the company reported a 15% increase in overall volume and a 20% year-on-year growth in the fourth quarter. This growth was...

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Adani Enterprises Limited (AEL) has demonstrated notable financial performance recently. In the quarter ending September 30, 2024, the company reported a consolidated net profit of ₹1,742 crore, marking a substantial increase from ₹228 crore in the same period the previous year. This growth is attributed to strong earnings from its airports and new energy units,...

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The intrinsic value of one BAJAJFINSV stock under the base case scenario is 2 478.35 INR. Compared to the current market price of 1 693.8 INR, Bajaj Finserv Ltd is undervalued by 32%. Bajaj Finserv Ltd., a prominent player in the Indian financial services landscape, stands as a testament to the dynamic evolution within the sector. Emerging from the venerable...

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Larsen & Toubro Limited (L&T) is a prominent Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services. As of January 10, 2025, its stock price on the National Stock Exchange of India (NSE: LT) was ₹3,536.15, with a 52-week range between ₹3,175.05 and ₹3,963.50. In recent trading sessions, L&T's stock has...

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The company caters to Military Equipments and Its a long Term hold so we should look to buy into this. Overall the company has a long journey to fill can it be a next BDL

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The intrinsic value of one ADANIGREEN stock under the base case scenario is 1 560.4 INR. Compared to the current market price of 1 034.15 INR, Adani Green Energy Ltd is undervalued by 34%. Adani Green Energy Ltd holds several competitive advantages that differentiate it from its rivals in the renewable energy sector: Scale and Capacity: As one of the largest...

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In its Q2 results for FY2024-25, SBI reported: A consolidated net profit of ₹19,782 crore, marking a 23% increase from the same period the previous year. Total income rose to ₹1.29 lakh crore from ₹1.12 lakh crore year-on-year. Gross non-performing assets (NPA) ratio improved to 2.13% from 2.21% in the previous quarter.

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The intrinsic value of one BAJAJFINSV stock under the base case scenario is 2 525.58 INR. Compared to the current market price of 1 699.55 INR, Bajaj Finserv Ltd is undervalued by 33%. According to Wall Street analysts, the average 1-year price target for BAJAJFINSV is 1 851.87 INR with a low forecast of 1 363.5 INR and a high forecast of 2 152.5 INR.

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Analyst consensus provides a median price target of ₹325.50, representing a potential upside of about 16.52% from the current price. TRENDLYNE In terms of valuation metrics, the company has a Price-to-Earnings (P/E) ratio of 33.81, a Price-to-Sales (P/S) ratio of 6.51, and a Price-to-Book (P/B) ratio of 4.95. ECONOMIC TIMES Given these factors, while RITES...

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It is completing its right shoulder I feel its a buy

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Fundamentally the stock is strong and technically it is just starting to complete the W.