Neogen Chemicals 🎯 2000+NSE:NEOGEN is in a beautiful structural uptrend, wherein the ascent of the trend is becoming steeper with every other breakout.
Price has currently retraced after it gave a breakout 3 weeks back. A bullish flag like pattern is made in an hourly timeframe from which it has also broken out.
Safest bet is to enter entire position at the current market price, and buy more when price dips. Easy 2000 target from here within 1-2 months. If price sustains above 2000, targets further extend to 2400 levels.
Do add this stock to your portfolio. It has already given multibagger returns(240% annualized) and shows no bearish signs. Place stoploss below 1490 and Hold tight.
Follow strict risk management. HAPPY TRADING!
Multibagger
The cost of IGNORANCE: personal example, 10k profit vs 9L profitJust this morning, @AVENUESOFINVESTMENT told me of how he found 50 shares of NSE:BAJAJFINSV that he had sold back in 2013. Those shares would have been worth 9L today! We sold it for 30k, with a profit of no more than 15k or so. But if we had held on to them till date (considering that it's an investment), the position would be worth around 9L! This is why it's important to be aware of basic fundamentals and technicals and, more importantly, to be money-minded. Happy trading and investing!
The moment to buy a potential 10+ bagger to hold for yearsFundamentally, this company meets most of the criteria for multiple baggers. Yes, it already is, in fact, a 100 bagger. But given the long term and current growth rates, it still has huge potential. P/E is much lower than the CAGR of earnings per share. It's a bargain at the current price.
The quarter results, that came in yesterday: revenue growth 52% YoY. EPS growth 19.6% YoY. P/E - 16.2 (counted at the price of 217.88). And the projection numbers have just risen, too. Wait, what? I am buying!
Now technically, you can see the macro 1-2-3-4-5 wave and the fibonacci correction that had past after that. Given the awesome financial report, I believe, it is time for another large rising trend.
Chart of the week: GRASIMGRASIM has been rising slowly on its pace with out much difficulty. It seems Smart Money has been active in this stock for a long time and it was being accumulated for a long time for a much much higher targets. The way GRASIM has been rising, it may become a multibagger stock in coming months and years.
Buy GRASIM at current prices with SL 1200 for positional and for targets 3000++ and 5000++ in next 1-2 years.
For ecucational purpose only. All disclaimers apply.
Amara Raja Can fly anytime nowCurrently taking resistance and consolidating at 200 days EMA. Given the bullish markets and EV hype, its only a matter of time that it flys. Once it crosses 200 EMA, it'll resume its bullish journey.
Only an opinion. trade at your own risk.
INTELLECT design arena , multibagger.NSE:INTELLECT
good evening folks , myself ANKIT SHARMA. there is a formation of "BULLISH"ascending triangle with higher lows and flat highs.
it can show a breakout once it gets out of the sideways movement.
TIME FRAME : 2 -3 MONTHS
TARGET : 800 +
STOP LOSS : 650 (FOR SHORT TERM TRADERS) AND 630 (FOR LONG TERM TRADERS )
FOLLOW MY YOUTUBE CHANNEL FOR MULTIBAGGER STOCKS RELATED VIDEOS
CHANNEL NAME : INDIAN STOCK HUNT
Standing strong with a long biasCurrently standing strong after a rebound from 50% retracement level.
With strong fundamentals and a good future prospect, CDSL, despite a high valuation is still holding the multi-bagger tag.
Currently forming a symmetrical triangle. A breakout and it will rally for another 20-25 %.
Look at CAMS with a similar tag.
You may also check out the recent video on my linked youtube channel, as to why CDSL is an Investor's Favourite
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
multibagger alert SPIC CMP 49Technical analysis : it is showing gpt infraproject like graph symmetrical triangle breakout if it remains above 47.50 it will give breakout in upcoming days but if it breaches the treandline it will just take time to go up,
RSI is in oversold zone.
FUNDAMENTAL: 1/ increased revenue in jun 21 quarter
2) increased operating profit in jun21 Q
3)profit before tax 27 crore which is less as compared to previous 32 crores but it is good as compared to other companies performance in this quater due to covid .
best time to buy this stock is now as it is down 20 % in the last month
why TATA POWER will touch 140 points??we all know EVs are the future and surgings sale numbers also confirm their acceptability in public.
and there are several segments in it like 2 wheeler, 4 wheeler, and CVs and just like that there are many companies in each segment.
But the catch is if EVs run in an economy they need infrastructure. here TATA POWER comes into the picture they are the first-mover with no other competitor.
and results are also showing good
that's why I see this stock for future growth
and in short term, it will touch 140 points hopefully.
Ibran Ansari.
Srong fundamentals , Cheap price Follow for Weekly better ideas for long term .
COMPANY in DETAILS
Products based on Digital trust
Digital Trust is a concept that enables users to carry out business transactions in a safe, secure, ethical and reliable manner. #
Some of the products the co. is offering is Revenue Assurance, Network Analytics, Fraud Management, Identity Analytics, Partner Ecosystem Management, IOT Security, Analytics Center of Trust and Anomaly Detection.#
Becoming Debt Free
In the 1990s to 2000s the company acquired companies using equity and its revenue grew at a compounded annual rate of 33 percent between 2000 and 2007.
However the downfall started with the acquisition of Syndesis as they changed their acquisition strategy from acquiring companies through stocks to using cash of an amount of $165 million, which was largely funded through borrowings. Since then the company has been paying off debt and has become debt free in FY 21. # #
Revenue Split By Service
Managed services : 39% in Q3FY21 vs 40% in Q3FY20
Support Services & Others : 33% in Q3FY21 vs 31% in Q3FY20
Implementation, Customisation, License: 28% in Q3FY21 vs 29% in Q3FY20#
Geographical Split
EMEA: 55% in FY20 vs 59% in FY18
APAC and Rest Countries: 21% in FY20 vs 17% in FY18
Americas: 20% in FY20 vs 16% in FY18
India: 3% in FY20 vs 8% in FY18 # #
Customers are spread across 90 countries. #
Clients
Some of the major Clients include - Airtel, Optus, AT&T, Maxis, Tech Mahindra etc.# Includes 75% of the world’s top 50 telecom companies.
#
They have a 98% customer retention.#
Approximately 60% of revenue is annuity/recurring. #
Recently joined O RAN Alliance, to support the development and standardisation of Open RAN (radio access networks).#
Will be working with Skylab to offer IoT and OT cybersecurity solutions and services to the maritime sector. # #
Zero Promoter holding
It's a company with zero promoter holding. #
Research and Development (R&D)
R&D Expenditure as a percentage of revenue: 6.4% in FY20 vs 4 % in FY19 (Spent INR 22.23 Crores in FY20 vs 14.82 Crores in FY19). #
Focus
Horizon 1 (Enhance the core): Business from Tier-I customers who are refreshing outdated technologies.
Horizon 2 (Growth in new areas): Highly dependent on growth of 5g Technology. It includes IoT Security (Multi-vertical product) & Analytics Center of Trust.
Horizon 3 (Invest in Emerging Areas (Multi-Vertical SaaS)): Includes CrunchMetrics, an automated anomaly detection software and IDcentral .# #
It's making inroads in the multi vertical IoT Security space and incubating virtual startups within the organization to diversify into new areas and verticals. #
Subex will be launching a new AI automation platform in the month of April 2021.