LONG TERM - VIRTUOSO looks Good !

Classic Cup and Handle Pattern.

Virtuoso Optoelectro is involved in the business activities of Manufacture of domestic appliances. Company’s Total Operating Revenue is Rs. 200.17 Cr. and Equity Capital is Rs. 14.98 Cr. for the Year ended 31/03/2022.

Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products, and provides end-to-end product solutions. The company's current product portfolio of consumer goods includes (i) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection molding components for air conditioners.

Virtuoso Optoelectronics Limited serves under both original equipment manufacturer ("OEM") and original design manufacturer ("ODM") business models.

Cons : High Debt
As of June 2022, co. has a debt of 72 Crs which is 2.5 times more than its FY22 operating profit.

Trade ativo:

Target 2 achieved.

Comentário:

However, trail the stop loss as per risk appetite.