Investment Pick for long term Sirca Paint || Next Asian Paints
Telah dikemas kini
Sirca paints result has come very very attractive as usual. Chart also looking very attractive. We have seen multiple supports in the range of 275-305, and the recently price again has taken support in this range only and made a W kind of a pattern, both bottoms i have marked on chart. Price and action suggest a huge move in coming days. Might be tomorrow only we can see some huge upside more than 2%. Well Management is good, company is zero debt, Price is also attractive just price to earning ratio shows some expensive valuation but in this industry i have seen always a expensive valuation but still all stocks of this industry always making higher highs, means always making new highs. So trading point of view i have marked everything on chart. But this stock has potential to become like asian paints in future. So this could be a best investment pick for long term. If anyone wants to go long can go with given levels. Always follow stop loss.
Market Cap
₹ 1,736 Cr.
Current Price
₹ 317
High / Low
₹ 400 / 202
Stock P/E
37.6
Book Value
₹ 48.4
Dividend Yield
0.32 %
ROCE
25.3 %
ROE
18.8 %
Face Value
₹ 10.0
Debt
₹ 0.00 Cr.
EPS
₹ 8.41
PEG Ratio
1.99
Promoter holding
67.6 %
Intrinsic Value
₹ 216
Pledged percentage
0.00 %
EVEBITDA
25.3
PROS
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 18.9% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.8%
Debtor days have improved from 88.9 to 70.0 days.
CONS
Company has a low return on equity of 13.9% over last 3 years.
If anyone likes my work then please hit like and follow for more updates like this on investment and trading. Comment your thoughts on this idea.
Thankyou.
Disclaimer:- Please always consult with your financial advisor before initiating any trade.
Market Cap
₹ 1,736 Cr.
Current Price
₹ 317
High / Low
₹ 400 / 202
Stock P/E
37.6
Book Value
₹ 48.4
Dividend Yield
0.32 %
ROCE
25.3 %
ROE
18.8 %
Face Value
₹ 10.0
Debt
₹ 0.00 Cr.
EPS
₹ 8.41
PEG Ratio
1.99
Promoter holding
67.6 %
Intrinsic Value
₹ 216
Pledged percentage
0.00 %
EVEBITDA
25.3
PROS
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 18.9% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.8%
Debtor days have improved from 88.9 to 70.0 days.
CONS
Company has a low return on equity of 13.9% over last 3 years.
If anyone likes my work then please hit like and follow for more updates like this on investment and trading. Comment your thoughts on this idea.
Thankyou.
Disclaimer:- Please always consult with your financial advisor before initiating any trade.
Nota
Han ji kisne kisne buy kia...abi bi mauka haikrlo bad me nahi milne wala,,317 pe buy krne ko bola tha ab dekho kanha aa gya h made high 352 somewhereNota
Nota
Nota
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
Penerbitan berkaitan
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.