Pennar Industries(PENIND) - Ready to Breakout ++ Results/News
Script: PENIND
Nifty50 Stock: NO
Sector: ENGINEERING/MANUFECTURING
PE Value: 13
Results:
Net Sales at Rs 699.98 crore in June 2022 up 43.35% from Rs. 488.31 crore in June 2021.
Quarterly Net Profit at Rs. 14.08 crore in June 2022 up 119.31% from Rs. 6.42 crore in June 2021.
EBITDA stands at Rs. 56.05 crore in June 2022 up 39.85% from Rs. 40.08 crore in June 2021.
Pennar Inds EPS has increased to Rs. 1.00 in June 2022 from Rs. 0.45 in June 2021.
ATH (all time high) - 79.60 in Jan 2018.
On a chart, it's at the resistance 48-50 which is being tested multiple times. One can go long if it closes above 50 for targets 60, 70 and ATH 80. It's also above 9, 20, 50 & 200 EMA.
Results were positive - Pennar Inds Consolidated June 2022 Net Sales at Rs 699.98 crore, up 43.35% Y-o-Y
News: Pennar Industries Bags New Orders Worth Nearly $64 Million in July-August
Nifty50 Stock: NO
Sector: ENGINEERING/MANUFECTURING
PE Value: 13
Results:
Net Sales at Rs 699.98 crore in June 2022 up 43.35% from Rs. 488.31 crore in June 2021.
Quarterly Net Profit at Rs. 14.08 crore in June 2022 up 119.31% from Rs. 6.42 crore in June 2021.
EBITDA stands at Rs. 56.05 crore in June 2022 up 39.85% from Rs. 40.08 crore in June 2021.
Pennar Inds EPS has increased to Rs. 1.00 in June 2022 from Rs. 0.45 in June 2021.
ATH (all time high) - 79.60 in Jan 2018.
On a chart, it's at the resistance 48-50 which is being tested multiple times. One can go long if it closes above 50 for targets 60, 70 and ATH 80. It's also above 9, 20, 50 & 200 EMA.
Results were positive - Pennar Inds Consolidated June 2022 Net Sales at Rs 699.98 crore, up 43.35% Y-o-Y
News: Pennar Industries Bags New Orders Worth Nearly $64 Million in July-August