Technical Analysis (Daily Chart)
CMP: ~₹880
Resistance Zone: Approaching strong overhead resistance at ₹890–900 (prior highs).
EMA 5–9–20: Stack is bullish and sloping upward (current EMAs ~₹830).
Chart Pattern: Potential bullish breakout setup; look for a clean close above ₹900.
Momentum & RS: Relative strength versus SPX is turning upward—hinting at upside catch-up.
Volume: Increase on upward candles, signaling accumulation.
🎯 Trade Plan
Entry: Close above ₹905–910
Stop-Loss: Below ₹850 (daily close)
Target 1: ₹980
Target 2: ₹1,050+
Risk–Reward: ~1:2 or better
🧾 Fundamental Snapshot
📌 Market Cap: ~₹14,600 Cr
📌 P/E: ~57.5×
📌 P/B: ~9.9×
📌 ROCE: ~21.5%
📌 ROE: ~16.7%
📌 Dividend Yield: ~0.5%
📌 Debt-to-Equity: Zero (virtually debt-free)
📌 5-Year Profit CAGR: ~22%
Strengths
Strong financials: high ROCE/ROE, no debt, consistent dividend payout (~29%).
Screener
Profitable and stable business in global industrial pumps & valves.
Risks
Valuation premium: trading at rich P/E and P/B multiples—market growth expectations are high.
CMP: ~₹880
Resistance Zone: Approaching strong overhead resistance at ₹890–900 (prior highs).
EMA 5–9–20: Stack is bullish and sloping upward (current EMAs ~₹830).
Chart Pattern: Potential bullish breakout setup; look for a clean close above ₹900.
Momentum & RS: Relative strength versus SPX is turning upward—hinting at upside catch-up.
Volume: Increase on upward candles, signaling accumulation.
🎯 Trade Plan
Entry: Close above ₹905–910
Stop-Loss: Below ₹850 (daily close)
Target 1: ₹980
Target 2: ₹1,050+
Risk–Reward: ~1:2 or better
🧾 Fundamental Snapshot
📌 Market Cap: ~₹14,600 Cr
📌 P/E: ~57.5×
📌 P/B: ~9.9×
📌 ROCE: ~21.5%
📌 ROE: ~16.7%
📌 Dividend Yield: ~0.5%
📌 Debt-to-Equity: Zero (virtually debt-free)
📌 5-Year Profit CAGR: ~22%
Strengths
Strong financials: high ROCE/ROE, no debt, consistent dividend payout (~29%).
Screener
Profitable and stable business in global industrial pumps & valves.
Risks
Valuation premium: trading at rich P/E and P/B multiples—market growth expectations are high.
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.