SREINFRA 25.3.2017
SREI Infrastructure Finance Limited
Trade
Date of Trade (Time if applicable): 26 Mar 2017
Entry Date: Buy Stop
Trade Entry:
Market: BSE
Stock: SREINFRA (SREI Infrastructure Finance Limited)
Long/Short: Long
Current Price: 86.10
Entry Price: 94
Time Frame: Daily
Type of Trade: Swing Trade
Reason For Trade:
Conservative approach is required
Aggressive approach has high-risk high reward ratio
Fundamentals
Fundamentals are strong. Only net cash flow of the company on March 2016 was negative. Overall net cash flow is positive
Stop: 88.60
Target: Price Target 1: 100
Price Target 2: 124
Minuses:
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.12% for last 3 years.
- Contingent liabilities of Rs.1559.88 Cr.
SREI Infrastructure Finance Limited
Trade
Date of Trade (Time if applicable): 26 Mar 2017
Entry Date: Buy Stop
Trade Entry:
Market: BSE
Stock: SREINFRA (SREI Infrastructure Finance Limited)
Long/Short: Long
Current Price: 86.10
Entry Price: 94
Time Frame: Daily
Type of Trade: Swing Trade
Reason For Trade:
Conservative approach is required
Aggressive approach has high-risk high reward ratio
Fundamentals
Fundamentals are strong. Only net cash flow of the company on March 2016 was negative. Overall net cash flow is positive
Stop: 88.60
Target: Price Target 1: 100
Price Target 2: 124
Minuses:
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.12% for last 3 years.
- Contingent liabilities of Rs.1559.88 Cr.