WPIL LTD.

WPIL - is it ready for Phase Reversal ?

WPIL
market cap- 4140 CR
Promoter -holding -70.79 %
FII - 5.81 %
DII- 2.62 %
Public - 20.78%
operating profit found reduced from March 24 to June 24 , but the same pattern repeated for last two financial years - may be it is nature of their business
ROE -46.2% , ROCE -20.4%.

Business : Industrial water supply projects , pumps and pumping systems

Order Book:
Domestic order book for projects stood at approximately ₹3,914 crores, while the product business order book was around ₹400 crores.
International order book increased to ₹484 crores with positive outlook across all segments.

Operational Highlights:
Domestic projects business experienced robust growth, increasing by 40% year-on-year to ₹184 crores.
Anticipated strong momentum in project execution post-monsoon season, with several projects scheduled for commissioning in the next four months.
Significant revenues achieved from Madhya Pradesh Jal Nigam projects, with three projects planned for commissioning soon.

For more details - please refer Concall Notes - Aug 2024

Technical analysis
Fib level support from 50% - expecting this level as a strong support.

Lets analyze the stock in coming days

Cautionary note: Support / resistance levels may vary based on market conditions .so this is not a recommendation to buy or sell, but rather a signal to watch the stock for future trading opportunities.

It's essential to monitor the stock in the coming days to see if the price action fits your entry criteria and aligns with your strategy.

disclaimer :This is not a buy sell recommendation - only for study purpose .

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