Multi Years Breakout and Consolidation Breakout seen in HFCL
Hello Guy's i hope you all will be doing good in your trading and in your life as well. I have brought another stock which was in long multi years consolidation zone, later on june 2021, it has given breakout, and since 2 and half years it was consolidating in a short range, but now it has given short consolidation area breakout as well. There is higher probability we can see mulifolds returns from here in this stock, This is really giving good entry for short term as well as long term.
Price is above 200-DEMA
MACD is giving bullish crossover
Stock has already given breakout of consolidation area.
So, everything looks positive about this stock. HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).
Market Cap
₹ 14,245 Cr.
Current Price
₹ 99.7
High / Low
₹ 101 / 55.8
Stock P/E
46.6
Book Value
₹ 24.9
Dividend Yield
0.20 %
ROCE
15.2 %
ROE
10.2 %
Face Value
₹ 1.00
Industry PE
41.0
Debt
₹ 896 Cr.
EPS
₹ 2.20
Promoter holding
37.8 %
Intrinsic Value
₹ 37.4
Pledged percentage
44.7 % (This is negative)
EVEBITDA
21.8
Change in Prom Hold
0.00 %
Profit Var 5Yrs
12.2 %
Sales growth 5Years
8.01 % (Sales is less)
Return over 5years
34.7 %
Debt to equity
0.25
Net profit
₹ 326 Cr.
ROE 5Yr
13.2 %
Profit growth
8.59 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Price is above 200-DEMA
MACD is giving bullish crossover
Stock has already given breakout of consolidation area.
So, everything looks positive about this stock. HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).
Market Cap
₹ 14,245 Cr.
Current Price
₹ 99.7
High / Low
₹ 101 / 55.8
Stock P/E
46.6
Book Value
₹ 24.9
Dividend Yield
0.20 %
ROCE
15.2 %
ROE
10.2 %
Face Value
₹ 1.00
Industry PE
41.0
Debt
₹ 896 Cr.
EPS
₹ 2.20
Promoter holding
37.8 %
Intrinsic Value
₹ 37.4
Pledged percentage
44.7 % (This is negative)
EVEBITDA
21.8
Change in Prom Hold
0.00 %
Profit Var 5Yrs
12.2 %
Sales growth 5Years
8.01 % (Sales is less)
Return over 5years
34.7 %
Debt to equity
0.25
Net profit
₹ 326 Cr.
ROE 5Yr
13.2 %
Profit growth
8.59 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
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
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