Technical Setup (Daily Chart)
CMP: ₹309.20
Breakout: The stock has decisively cleared resistance around ₹288 with strong momentum.
EMAs (5–9–20): Recently aligned upward, indicating bullish momentum.
Entry: Consider entering on a confirmed close above ₹288–290.
Stop-Loss: Place a daily close stop below ₹288.
Targets:
🎯 T1: ₹340
🎯 T2: ₹380
🧾 Fundamental Snapshot
Metric Value
Market Cap ~₹3,262 Cr
P/E Ratio (TTM) ~29×
Book Value / Share ₹95
ROCE ~15.6%
ROE ~12.6%
Net Margin ~11%
Debt/Equity Near 0 – virtually debt-free
Growth 5‑yr sales CAGR ~10%, profit CAGR ~24%
Intrinsic Valuation Base-case ~₹306, inline with CMP
Highlights:
India’s top-3 stationery/writing instruments maker with strong export presence.
Excellent solvency: high Altman Z-score (~10.8), almost zero debt — stable foundation
.
Consistent profitability and growing sales — net margins at ~11%.
CMP: ₹309.20
Breakout: The stock has decisively cleared resistance around ₹288 with strong momentum.
EMAs (5–9–20): Recently aligned upward, indicating bullish momentum.
Entry: Consider entering on a confirmed close above ₹288–290.
Stop-Loss: Place a daily close stop below ₹288.
Targets:
🎯 T1: ₹340
🎯 T2: ₹380
🧾 Fundamental Snapshot
Metric Value
Market Cap ~₹3,262 Cr
P/E Ratio (TTM) ~29×
Book Value / Share ₹95
ROCE ~15.6%
ROE ~12.6%
Net Margin ~11%
Debt/Equity Near 0 – virtually debt-free
Growth 5‑yr sales CAGR ~10%, profit CAGR ~24%
Intrinsic Valuation Base-case ~₹306, inline with CMP
Highlights:
India’s top-3 stationery/writing instruments maker with strong export presence.
Excellent solvency: high Altman Z-score (~10.8), almost zero debt — stable foundation
.
Consistent profitability and growing sales — net margins at ~11%.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.