Ashoka Buildcon Ltd

Date 11.02.2025
Ashoka Buildcon Ltd
NSE: ASHOKA
Timeframe : Day chart

Technical :

Last one year support trendline re test in confluence with 200 ema, if breaks that then 200 targets on. For long its good risk reward ratio but keep very tight stoploss just below 200 ema + support horizontal band, as rsi is also bearing oversold zone hopefully support should work but don't enter trade in anticipation wait for 1 hr candle formation

Fundamental :

Q3 CONS NET PROFIT 6.5B RUPEES VS 988M (YOY); 4.6B (QOQ)

Q3 REVENUE 23.9B RUPEES VS 26.5B (YOY)

Q3 EBITDA 6.4B RUPEES VS 5.97B (YOY)

Q3 EBITDA MARGIN 26.75% VS 22.47% (YOY)

CO HAS DEFERRED TAX GAIN OF 4.1B RS

Q3 PBT 3.07B VS 1.98B (YOY)


Regards,
Ankur