BUY - EXIDE INDUSTRIES CMP - Rs. 183 Target - 1: Rs. 212 Target - 2: Rs. 260 . . Technical - 1) Double Bottom Pattern (before breakout). 2) Bullish Flag Breakout 3) Targets have been set using previous swing highs and Gann Fan. . . Fundamentals - 1) The automobile batteries manufacturer has bought 24.80 lakh equity shares in Ulric Renewables, at a price of Rs 80 per share, amounting to Rs 19.84 crore. With this investment, its shareholding in Ulric Renewables stands at 39.08%. 2) Strong annual EPS growth. 3) Growth in Quarterly net profit with increasing profit margin (YoY). 4) PE = 3.39 < SECTOR PE = 5.30 5) FII holding has risen by 1.33% in December 2022. 6) DII holding has risen by 1.7% QoQ. . . This opinion is for educational purposes. I am not SEBI registered and this is not an investment advice. As with any trade, always look first, then leap.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.