Fundamentals MCAP- 22500 Cr PE - 20.48 = Industry PE of 20.51 PEG Ratio is 1.84 Debt to Equity is 0.06 and ICR is 9 ROE is 12%, ROCE is 10% ( 5yr ROCE is 21%) Sales growth is 5%, 5yr Sales growth is 23% Profit Growth is 74%, 5yr Profit growth is 11% Promoter holding is 75% Latest results - Excellent
Technicals CMP - 808 Bullish - Above EMA 9, 21,63, 200 on daily charts , RSI(14) is 70
Commentary Based on the Darvas box method, I expect Shyam Metaalics to continue trading up. With CMP 808, it has breached its own all time high and I expect the trend to continue. The below targets are to ride this wave and catch as much upside as possible with little downside risk.
Target : 950-960 Stop Loss : 716 (If already invested) , more conservative stop loss would be 2-3% below CMP
Disclosure 1 - Invested Disclosure 2 - Not SEBI Registered Disclosure 3 - This is Not investment advice. Treat it as educational
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.