Name: Ayaan Valiulla
Status: Completed
ID: LS151CE
Type: Shark Trader Course
Completion Date: 07-07-23
Learningsharks
PVRINOX share price today! Gst update from 18% to 5%
While the entertainment industry is not loyal, people enjoy visiting the theatre. If you happen to invest in this share, this might be the right time to have a look at the GST update.
Currently, The stock is trading at 1430, and majorly falling in a falling wedge pattern. If you do not know what is falling wedge pattern, click here to learn from our ” stock market chart patterns” page.
Let’s look at the fundamentals of this stock.
Profit & Loss
Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 518 | 806 | 1,348 | 1,477 | 1,850 | 2,119 | 2,334 | 3,086 | 3,414 | 280 | 1,331 | 3,751 |
| Expenses + | 441 | 688 | 1,133 | 1,271 | 1,551 | 1,799 | 1,933 | 2,499 | 2,338 | 616 | 1,225 | 2,703 |
| Operating Profit | 76 | 119 | 215 | 206 | 299 | 320 | 401 | 587 | 1,076 | -336 | 106 | 1,048 |
| OPM % | 15% | 15% | 16% | 14% | 16% | 15% | 17% | 19% | 32% | -120% | 8% | 28% |
| Other Income + | 10 | 6 | 11 | 2 | 45 | 52 | 30 | 32 | 38 | 469 | 326 | 68 |
| Interest | 18 | 37 | 80 | 78 | 84 | 81 | 84 | 128 | 482 | 498 | 498 | 572 |
| Depreciation | 36 | 56 | 94 | 117 | 115 | 138 | 154 | 191 | 542 | 575 | 614 | 753 |
| Profit before tax | 31 | 32 | 52 | 12 | 145 | 153 | 194 | 299 | 90 | -939 | -681 | -209 |
| Tax % | 18% | -39% | 4% | 7% | 32% | 37% | 36% | 37% | 70% | 20% | 28% | -61% |
| Net Profit + | 25 | 44 | 50 | 12 | 99 | 96 | 124 | 189 | 27 | -748 | -489 | -336 |
| EPS in Rs | 9.08 | 10.47 | 12.71 | 2.86 | 19.58 | 19.08 | 24.84 | 37.81 | 4.95 | -123.07 | -80.04 | -34.20 |
Although fundamentals do not play a vital role in a single-day movement, this upcoming move could be news driven. As of now, the price is 1426, PVRINOX can touch up to 1577 which is about 10% from here.
Disclaimer: This is a buying call, we are not authorised to give any tips. This is merely for an educational purposed, do your research properly before entering.
#pvrinox #pvrinoxshareprice #stockmarket #stockmarketnews
NIFTY 50 ANALYSIS! TOUCHED 19000, WHAT’S NEXT
While our nation’s hero has touched the 19,000 mark for the first time, investors are happy and curious to know what’s next. What’s been in their minds has become a common question today. Will nifty go to 20,000? Well, Read more to know
First, let me congratulate all the investors for sticking by. Nifty 50, as we all know is an INDEX which showcases the typical retail, FII or DII mood. When it is trending up, demands are high and the economy is doing good. Vice versa, if it’s down, the economy isn’t doing so great.
While it has made a run to its new benchmark, is it going to stop here now? Short answer: No.
Al-though, corrections are healthy and necessary but will come to that in a second. NIFTY 50 and Sensex both have created an all-time high. Surprisingly, we have spotted a pattern in it. It’s called a rising wedge pattern ( in making).
What is the rising wedge pattern?
A rising wedge pattern is a technical chart pattern that frequently appears when the financial markets are on an uptrend. Two trendlines that converge towards one another, with the lower trendline being steeper than the higher trendline, are drawn to create it. Within the wedge formation, the price has a propensity to produce higher highs and higher lows.
Let’s just apply this to the Nifty 50 chart. Here’s what it looks like
It certainly looks like touching a further 20,000 benchmark. Before, giving us that most awaited fall that all PE or put holders waiting for. Our advice would be to play carefully, and not to be a victim of this euphoria.
Disclaimer: This is not financial advice or call. The analysis done above is merely for educational purposes. Please make your investment according to your own financial advisor. To know more about the pattern click here, Follow us on insta
Book your tickets online for the 2023 ICC Cricket World Cup to feel the thrill!
Introduction
Your comprehensive guide to the 2023 ICC Cricket World Cup! In this extensive post, we give you all the information you require about the impending cricket spectacle, including instructions on how to make an online ticket reservation. By providing high-quality information that keeps you informed and equipped to watch the World Cup’s exhilarating action, we hope to outrank competing websites. Now let’s get into the specifics.
The 2023 ICC Cricket World Cup’s Excitement
The ICC Cricket World Cup is an elite international cricket competition that gathers the top teams from all over the world to compete for the pinnacle of cricketing glory. The World Cup, which is set to start on October 5th, 2023, promises to feature thrilling games, intense rivalries, and unforgettable moments on the cricket pitch.
How to Buy Tickets ICC Cricket World Cup 2023 Online
We have put together a step-by-step guide to assist you get tickets online for the ICC Cricket World Cup 2023 so you don’t lose out on the chance to experience the electric atmosphere. To reserve a seat at the eagerly anticipated cricket competition, simply follow these simple instructions:
- Visit the Official Ticketing Website: Head over to the official ticketing website for the ICC Cricket World Cup 2023. This is the authorized platform where you can purchase tickets with confidence and guarantee their authenticity.
- Create an Account: If you don’t already have an account on the ticketing website, create one by providing the required information. Make sure to use a valid email address and create a secure password.
- Browse Match Schedule: Explore the match schedule to find the specific match or matches you wish to attend. Take note of the dates, venues, and teams playing to plan your attendance accordingly.
- Select Ticket Category: Choose the ticket category that suits your preferences and budget. The ticket categories usually include options like General Admission, Premium, and VIP, offering different levels of comfort and access to facilities.
- Seat Selection: After selecting the ticket category, you will be prompted to choose your preferred seating section and specific seats. Take into consideration factors such as proximity to the field, sightlines, and personal preferences while making your selection.
- Review and Confirm: Double-check your ticket selection, seat choices, and the total price. Ensure that all details are accurate before proceeding to the payment stage.
- Make Payment: Follow the secure payment process provided by the ticketing website to complete your ticket purchase. Use the supported payment methods, such as credit or debit cards, as per the website’s guidelines.
- Ticket Confirmation: Once your payment is successful, you will receive a confirmation email with your ticket details. Keep this email safe as it will serve as your entry pass to the ICC Cricket World Cup 2023 matches.
Conclusion
In conclusion, cricket fans around the world are excitedly anticipating the ICC Cricket World Cup 2023.
References
- Official ICC Cricket World Cup 2023 Website: The official website of the ICC Cricket World Cup 2023 provides comprehensive information about the tournament, including match schedules, team details, news, and updates.
- Official Ticketing Website for ICC Cricket World Cup 2023: The official ticketing website is the authorized platform for purchasing tickets to the ICC Cricket World Cup 2023. It offers a secure and reliable ticket booking process.
- ESPN Cricinfo: ESPN Cricinfo is a popular sports website that covers cricket extensively. It provides in-depth analysis, news articles, live scores, and match updates for the ICC Cricket World Cup and other cricket events.
- Cricbuzz: Cricbuzz is another leading cricket website that offers comprehensive coverage of the ICC Cricket World Cup 2023. It provides live scores, news, match analysis, and other cricket-related content.
#ICCWorldCup2023 #CricketWorldCup #CWC2023 #CricketFever #WorldCupTickets #BookYourSeat
If you have anything to share, you can contact us here
Which is the best telegram channel for the stock market in India?
Do you want to know which Telegram channels to follow for the Indian stock market? If so, you’ve found the proper site. In India, Telegram is a social media application that is expanding quickly. People today have numerous options to learn and make money.
Because you can find all the stock-related information and some trading advice in one spot, stock market channels are likewise becoming more and more popular. It cannot be simple to select the best channel for you when there are hundreds available.
We have selected some of the top stock market Telegram channels for you as a head start.
| Channel Name | Subscribers | Link |
| Stock Gainers (SEBI REGISTERED) | 65,407 | Join Now |
| everydayprofits | 18,707 | Join Now |
| Stox Master Advisory | 2,60,275 | Join Now |
| Jᴀᴄᴋᴘᴏᴛ TʀᴀᴅᴇX | 31,323 | Join Now |
| nsestockpro | 32,770 | Join Now |
| 20PAISA.COM(Banknifty Option) | 11,837 | Join Now |
| NiftyFnOofficial | 40,929 | Join Now |
| StockPro_Online | 2,48,170 | Join Now |
| honeststockmarketer | 14,720 | Join Now |
| shreetechanalysis | 14,546 | Join Now |
| intraday_tradex | 6,340 | Join Now |
| tradephoenix_stocks | 6,514 | Join Now |
| nifty_50_stocks | 46,262 | Join Now |
What are the options? why they fail and options strategies explained
Investing methods known as options strategies use option contracts to meet specific investment objectives. Options are financial derivatives that grant the holder the right—but not the obligation—to buy or sell an underlying asset at a defined price within a predetermined window of time.
Here are a few typical option trading strategies:
- Covered Call: With this technique, you sell a call option on an asset that you already hold the underlying. In addition to generating cash from the premium paid for selling the option, it offers some downside protection.
- Buy a put option: on an underlying asset as part of the protective put strategy to hedge against potential downside risk. It functions as an insurance policy, preventing losses in the event that the asset’s price drops.
- Long Call: By purchasing a call option, you have the right to purchase the underlying asset within a preset time frame at a set price (the strike price). When you believe the asset’s price will rise, you employ this tactic.
- Long Put: With this technique, you purchase a put option that grants you the right to sell the underlying asset at a predetermined price within a predetermined window of time. When you anticipate a decline in the asset’s price, you use it.
- Straddle: Buy both a call option and a put option with the same strike price and expiration date when you straddle. When you expect considerable price volatility but are unsure about the direction of the price movement, you utilise this method.
- Strangle: A strangle is similar to a straddle in that it entails purchasing both calls and put options but with various strike prices. It is employed when substantial volatility is anticipated but with a preference for either an increase or decrease in the price of the underlying asset.
- The butterfly spread is a limited-risk, limited-reward trading technique that combines long and short call (or put) options at various strike prices. When you anticipate that the price of the underlying asset will stay within a certain range, you employ it.
There are many more sophisticated choice techniques available; these are but a few examples. Each strategy has a unique risk-reward profile and is suitable for various market circumstances. Before adopting any options strategy, it’s critical to have a clear understanding of the dangers involved with options trading and to take into account speaking with a financial advisor or other expert.
Why option trading strategies fail
It’s critical to comprehend the potential risks and difficulties involved with trading options because there are a variety of reasons why options strategies can fail. The following are some typical causes of option failures:
- Inaccurate Market Prediction: The success of option strategies frequently depends on the accuracy of the price forecast for the underlying asset. The technique could result in losses or have a limited possibility for profit if the market goes against expectations.
- Time decay: Options contracts have a deadline after which all of their value has been lost (time decay). Time decay, commonly referred to as theta decay, causes options to lose value over time. If the price of the underlying asset does not move in the predicted direction within the given time frame, the method may experience losses due to time decay.
- Inaccurate market forecasts: Options strategies frequently depend on forecasting the future course of underlying assets or the market as a whole. The technique might not succeed in producing the anticipated earnings if the projections prove to be inaccurate.
- Ineffective risk management: When trading options, effective risk management is essential. Strategies that improperly control risk can result in large losses. This includes failing to place proper stop-loss orders, failing to diversify the portfolio, or committing an excessive amount of capital to a single deal.
Conclusion
Option strategies can be useful instruments for risk management, revenue generation, and capturing market opportunities, to sum up. They do, however, come with their own dangers and cannot be guaranteed to be profitable in all market conditions.
Before employing any option strategy, it is essential to have a firm grasp of options, risk management theories, and market dynamics.
Since its efficiency varies on variables like market conditions, underlying assets, risk tolerance, and personal investing goals, there is no one-size-fits-all “most working” option strategy. Different approaches have different goals, and different investors may find them to be more or less suitable.
Other pages to consider reading
- “Option Volatility and Pricing: Advanced Trading Strategies and Techniques” by Sheldon Natenberg. Click here to find the version on Amazon.
- Options as a Strategic Investment” by Lawrence G. McMillan. Find it here
- Investopedia (www.investopedia.com)
- OptionsPlay (www.optionsplay.com)
#OptionsTrading #StockOptions #OptionStrategies #OptionsEducation #OptionsMarket #OptionsInvesting #OptionsTrader #OptionsIncom #VolatilityTrading #Derivatives
The Dead Cat Bounce: A Market Phenomenon Explained
Introduction
There are numerous terminologies used to characterise diverse market behaviours in the realm of finance and investing. Among them is “dead cat bounce.” Despite having a pretty odd name, this phenomenon has important implications for both investors and traders. This essay will examine what a dead cat bounce is, how it happens, and how market participants should react to it.
Understanding the Dead Cat Bounce
A momentary and fleeting increase in the price of a declining asset or security is referred to as a “dead cat bounce” in a metaphorical sense. According to the comparison, even a dead cat will briefly bounce if dropped from a tremendous height. Similar to this, a stock or index may have a fleeting bounce following a sharp drop, providing the impression of a prospective comeback, in the financial markets.
Causes of a Dead Cat Bounce
A dead cat bounce could happen for a number of reasons.
Here are a few typical reasons:
- Sharp drops may result in technical corrections in extremely volatile markets.
- Technical analysts can identify oversold conditions, which can trigger short-term buying pressure and a brief uptick.
- Investor psychology: When a stock declines significantly, bargain hunters are drawn to the stock because they think the price has reached a favourable level. Even if the underlying causes of the fall aren’t modified, this surge in purchasers may result in a temporary comeback.
- A quick price turnaround or good news may compel short sellers to buy shares in order to close out their positions in a highly shorted stock where traders have gambled on the price falling.
Consequences for Market Participants
The dead cat bounce phenomenon and its repercussions must be understood by traders and investors:
- False Hope: A dead cat bounce can trick traders into thinking that a stock or market is about to make a strong comeback. To be cautious, though, and to assess the underlying causes of the initial drop.
- Trading Opportunities: Despite the dead cat bounce’s short duration, it can offer trading opportunities for those eager to take advantage of market instability. The price swings caused by this phenomenon may be advantageous for savvy traders who can precisely time their entrances and exits.
- Long-Term Risks: While a dead cat bounce may provide a little reprieve, it does not always indicate that the long-term trend is changing. Before making an investment decision, investors should take into account the underlying causes of the fall and conduct due research.’
Conclusion
The dead cat bounce is a term used in the market to indicate a brief increase in the value of a decreasing asset. For market participants to avoid falling into traps and making rash investment decisions based on short-term price changes, they must understand this notion. Investors can better traverse the complexity of financial markets and make wise investment decisions by completing in-depth research, examining basic issues, and taking market trends into account.
Remember, even though a dead cat might briefly rebound, it still serves as a metaphor for the necessity for rigorous analysis and critical thought while investing.
To learn such terms, check out our courses.
Common references related to the concept of the dead cat bounce. You can refer to these sources for further information:
- Investopedia – “Dead Cat Bounce”: https://www.investopedia.com/terms/d/deadcatbounce.asp This article provides a comprehensive definition of the dead cat bounce phenomenon, along with examples and insights into its causes and implications.
- The Balance – “Understanding the Dead Cat Bounce in Stocks”: https://www.thebalance.com/dead-cat-bounce-definition-and-example-4172336 This resource offers a detailed explanation of the dead cat bounce, including its origins, characteristics, and strategies for trading during such market conditions.
- Seeking Alpha – “The Dead Cat Bounce”: https://seekingalpha.com/article/237438-the-dead-cat-bounce This article explores the dead cat bounce from an investor’s perspective, discussing how it can create trading opportunities and the importance of distinguishing between short-term rallies and long-term trends.
- Financial Times Lexicon – “Dead Cat Bounce”: https://lexicon.ft.com/term?term=dead-cat-bounce The Financial Times Lexicon provides a brief but informative definition of the dead cat bounce phenomenon and its significance in financial markets.
Results for Class 10 from CBSE declared: Girls outperform boys with a pass percentage of 93.12
Results for Class 10 from CBSE released: Girls outperform males with a pass percentage of 93.12
The CBSE released the Class 10 results on Friday, with 93.12% of students passing the test, a decrease of 1.28 percentage points from the previous year. In order to prevent “unhealthy competition,” the board has additionally stated that it will not disclose the merit list.
According to officials, the board has decided to stop awarding first, second, and third divisions based on pupils’ test results.
Girls once again outperformed boys, with a pass percentage of 94.25. The boys’ pass rate was 92.27 per cent.
For the sake of preventing unhealthy competition among the pupils, the CBSE will not release a merit list. However, the 0.1% of students who received the top scores across all disciplines will receive merit awards from the board, according to a senior board official.
CBSE Class 10 Result 2023: Gender-wise statistics
Girls – 94.25%
Boys – 92.27%
Transgender – 90.00%
PM Modi’s statement to 12th Graders in response to the 2023 CBSE Class 10th Results
“I would like to tell those bright youngsters who feel they could have done better in the Class XII exams – you have so much more to look forward to in the coming times. One set of exams doesn’t define you. Harness your talents in areas you are passionate about. You will shine!,” PM
tweeted.
HOW TO CHECK CBSE 10TH RESULT 2023
LIST OF OFFICIAL WEBSITES TO CHECK CBSE 10TH RESULT 2023
- cbseresults.nic.in
- cbse.nic.in
- cbse.gov.in
- digilocker.gov.in
- results.gov.in
- parikshasangam.cbse.gov.in
Working LINKS CBSE 10 Result
| Examination Results 2023Brought to you by National Informatics Centre |
| • Secondary School Examination (Class X) Results 2023 (Link 1) – Announced on 12th May 2023• Secondary School Examination (Class X) Results 2023 (Link 2) – Announced on 12th May 2023• Secondary School Examination (Class X) Results 2023 (Link 3) – Announced on 12th May 2023 • Senior School Certificate Examination (Class XII) Results 2023 (Link 1) – Announced on 12th May 2023• Senior School Certificate Examination (Class XII) Results 2023 (Link 2) – Announced on 12th May 2023• Senior School Certificate Examination (Class XII) Results 2023 (Link 3) – Announced on 12th May 2023 |
Time to buy some pizza shares l Stock to Invest in April
You all may have heard about this food company. Be it a festival or a break-up, Pizza always helps. Fortunately, When we talk about the pizza we have only a few companies to look at. Frankly, I’m more of a pasta fan Anyway.
Here, I was talking about DOMINOS. Yes, it is one of the favourite food companies. It is listed in the market as JUBILANT FOODWORKS. Jubilant Foodworks’ share price right now is Rs 449 a share as on 25-04-2023.
That’s why we think this stock can be added to the portfolio. Let’s look at the stock technically first. Along with many reasons to buy, this is one of the reasons.
It seems the stock is at the Support. Hence, out of many reasons, this course is a reason to buy. What is support? you ask
What is support?
In technical analysis, support and resistance are two fundamental ideas. Reading pricing charts correctly requires an understanding of both the meaning of these terms and how they are used in real-world situations.
Because of supply and demand, prices fluctuate. Prices increase when supply is insufficient to meet demand. Prices decrease as supply outpaces demand. When supply and demand are equal and prices are stable, prices will occasionally fluctuate sideways.
So, typically, support is the Demand zone. Traders and investors tend to buy or accumulate at this price.
Furthermore, the stock is at its 50% discount from its ATH ( All time high). Thus, could be a good time to accumulate. Ahhh, Damn, i just want to eat a pizza now.
Let’s, look at the fundamentals of Jubilant Foodworks.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 678 | 1,019 | 1,414 | 1,736 | 2,093 | 2,438 | 2,583 | 3,018 | 3,563 | 3,927 | 3,312 | 4,396 | 5,064 |
| Expenses + | 558 | 828 | 1,171 | 1,486 | 1,836 | 2,173 | 2,339 | 2,576 | 2,961 | 3,045 | 2,532 | 3,290 | 3,900 |
| Operating Profit | 120 | 191 | 243 | 250 | 256 | 265 | 245 | 442 | 603 | 883 | 780 | 1,106 | 1,164 |
| OPM % | 18% | 19% | 17% | 14% | 12% | 11% | 9% | 15% | 17% | 22% | 24% | 25% | 23% |
| Other Income + | 1 | -1 | 6 | 9 | 6 | 10 | -1 | 21 | 44 | 38 | 64 | 26 | 59 |
| Interest | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | 165 | 163 | 176 | 194 |
| Depreciation | 29 | 38 | 56 | 79 | 101 | 128 | 155 | 160 | 157 | 352 | 375 | 393 | 460 |
| Profit before tax | 92 | 152 | 194 | 180 | 161 | 147 | 88 | 303 | 490 | 403 | 306 | 563 | 569 |
| Tax % | 22% | 32% | 32% | 34% | 31% | 34% | 35% | 35% | 35% | 31% | 25% | 26% | |
| Net Profit | 72 | 103 | 131 | 118 | 111 | 97 | 58 | 196 | 318 | 279 | 231 | 418 | 420 |
| EPS in Rs | 1.11 | 1.59 | 2.01 | 1.81 | 1.69 | 1.47 | 0.88 | 2.97 | 4.85 | 4.24 | 3.51 | 6.37 | 6.39 |
| Dividend Payout % | -0% | -0% | -0% | -0% | 15% | 17% | 29% | 17% | 21% | 28% | 34% | 19% |
Conclusion
Overall the company is a buying zone. However, this is not investment advice, this is merely for educational purposes. One should consult with your financial advisor.
To know more about the courses, check out our website. To know more about our crash course, check here.
#sharemarket #stockmarket #jubilantfoodworks #jubilantfoodworksshareprice
Stock market update: Fertilizer companies are on the Run ! Should you buy it?
Fertilizers companies Coromandel Inter, FACT, Chambal Fertilizers, RCF, GSFC, Paradeep phosphates and National Fertilizer are all making a run this season. Should you add them to your portfolio? let’s find them out
On Thursday, 13 Apr, 23 Fertilizers & Chemicals Travancore Ltd was up ₹ 321 12.40% National Fertilizer Ltd was down ₹ 85.3 -0.87%, Coromandel International Ltd ₹ 927 -0.05% respectively.
Let’s look at companies Technicals one by one to find out which one to invest in
National Fertilizer Ltd
While the company has not been profitable all this while. However, The company has posted profits of 700 cr for 2022 as compared to a -95CR loss Last year. As per the price point, one should avoid making new positions.
Coromandel International Ltd
| Net Profit | 26 | 197 | 208 | 213 | 294 | -181 | 237 | -95 | 700 |
Coromandel seems to be making a fine entry at CMP 927 however, considering the stock could be making a BEARISH Rising wedge pattern. Hence, it is not advised to make an entry in this stock.
What is a rising wedge?
A technical signal known as a rising wedge suggests a reversal pattern typically observed in bad markets. This pattern appears on charts when the price rises and the pivot highs and lows converge towards the apex, which is a single point.
Fertilizers & Chemicals Travancore Ltd
FACT seems to have taken the best of all already, Stock price currently trading at Rs320 a Piece. Already 64% up from its last low of Rs 193. It is not advised to make new positions in this stock.
The company has made over Rs 681Cr profit this year compared to 353cr Profit last year.
Chambal Fertilisers & Chemicals Ltd
The only company that seems to have the advantage of being added to the portfolio. Chambal fertilisers posted a profit of 1,184CR this year compared to 1566CR last year which seems to be a fall yet profitable still.
The price of Chambal Fert is Rs 289 and it can be a good buy still in the portfolio with targets of up to Rs 312.
Rashtriya Chemicals & Fertilizers Ltd
RCF has posted 1,041CR profit as compared to 702CR from the last year. Furthermore, the stock seems to be in the category of a buy zone. As can be seen in the start. RCF is making a symmetrical triangle pattern. To know more about this pattern, click here
Gujarat State Fertilizers & Chemicals Ltd
The company has posted a whooping profit of 1,345CR which was 891CR last year. Also, Stock seem to be on the support in a channel pattern. This can also be a decent addition in your portfolio.
Paradeep Phosphates Ltd
With only ₹ 4,402 Cr Market cap, Paradeep phosphates CMP 54 posted 330CR profit this year. Last year, PP gained 398CR which seems to be a decent fall. Considering the DII holds 20.73% of the company. we recommend this to be a decent accumulation.
Please note: Paradeep phosphates are making a descending triangle, which indicates a possible downfall. Or it has been done already, as you can see in the stock price,
Conclusion
While the sector/industry seems to be getting a lot of FII and DII attention. There are fewer stocks only which can be added to the portfolio at this time. We recommend you do your complete analysis of them before adding them. To stay updated follow us on Instagram.
This learning sharks article is of a general nature. Our articles are not meant to be investment advise; instead, we only offer analysis based on objective methods, past information, and projections from analysts. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position. We hope to provide you with long-term analysis that is driven by essential facts. Be aware that recent price-conscious announcements from businesses or high-quality information may not be taken into account in our analysis.
#stockmarket #sharemarket