KRBK - Stock AnalysisKRBL Ltd. is exhibiting strong bullish momentum across various technical and fundamental indicators, making it an appealing prospect for investors. In the short term, the one-day analysis reveals a "Strong Bullish" sentiment, with the latest tick indicating a robust price rise supported by substantial trading volume. The Parabolic SAR (PSAR) is also "Bullish" with a bullish crossover, further bolstering the bullish outlook.
The MACD indicator is "Strong Bullish," with the Macd/Signal line displaying a bullish crossover, suggesting that the stock is trending favorably. The CCI (Commodity Channel Index) is showing "Strong Bullish" signals as it is rising from the oversold level of 100.0, indicating a very bullish sentiment. Similarly, the RSI (Relative Strength Index) is also "Strong Bullish," rising from the oversold level of 70.0, which is a very bullish signal.
The ADX (Average Directional Index) is "Bullish" and indicates a bullish reversal, further reinforcing the positive sentiment. The HighLowMABand is "Strong Bullish" with a positive breakout pattern. The daily candlestick pattern is also "Strong Bullish," providing additional technical support for the stock.
In terms of short-term support, KRBL Ltd. has identified key support levels, with bottom points at 357.0 on November 1, 2023, and 358.6 on October 25, 2023, which can be essential reference points for traders and investors.
From a fundamental perspective, the company appears undervalued with a Price to Intrinsic Value of 0.773, a Price to Earnings Ratio of 11.50, and an EV to EBITDA ratio of 7.86. These metrics collectively suggest that the company's stock may be trading at a discount to its intrinsic value.
KRBL Ltd. has seen a significant increase in its Book Value over the last three years, indicating a robust financial position. The company also offers an Earning Yield of 8.70% and demonstrates excellent quarter-over-quarter (QoQ) earnings per share (EPS) growth. While the Piotroski F Score is at a stable value of 5.0, the annual net profit has been on an upward trend over the last three years.
Additionally, the company maintains a good Return On Capital Employed of 14.32% and a solid Return on Equity of 16.50%. A healthy net margin of 13.18% adds to its financial strength, although it offers a relatively low dividend yield of 0.270%, indicating a preference for reinvesting profits for growth.
Notably, KRBL Ltd. has achieved annual sales growth for three consecutive years, and there has been a steady increase in total assets over the last three years, reflecting the company's consistent expansion and overall financial stability. These combined technical and fundamental indicators position KRBL Ltd. as an attractive investment opportunity with strong growth potential.
Go Long above 381.95
Stop Loss 341
