Get started
DALMIA BHARAT SUGAR AND INDUSTDALMIA BHARAT SUGAR AND INDUSTDALMIA BHARAT SUGAR AND INDUST

DALMIA BHARAT SUGAR AND INDUST

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

DALMIASUG trade ideas

Dalmia Sugars - How to pick the Right Entry Price !!!On Aug 29, there was a Post market News being circulated across all Social Media Channels that the Govt has removed the Cap on sugar Diversion for Ethanol Production. As an instinctive reaction, everyone suggested to start loading Sugar Stocks and it would rally immediately www.moneycontrol.com But in Reality - only on Friday there was a mad rush on market opening which waded-off before close of the day and all Sugar stocks fell from their opening price and from then, most of the sugar stocks continued to fall. This is the Reality of NEWS Based Trading... If the market always reacts in the same direction as mentioned in the NEWS, then the entire world would be filled by Warren Buffets :) One of my friend was seeking advice on Dalmia Sugars - given the mad rush. Here is the detailed analysis..... Not just for Sugar Sector, Not just for Dalmia... This is how every stock needs to be analyzed... 1. On Quarterly chart - the price is travelling within a Life-Long Parallel Channel 2. The price repeatedly formed Rounding Bottom structures (Cup pattern) 3. The Depth of the Cup each time has been -80% from the respective peak levels 4. From Jan 2020 to Apr 2021 - the price had a massive Blast of 1,155% from Rs. 39.75 to Rs. Rs. 499 5. The price is going sideways with minimal dip (an Inverted Head and Shoulders pattern / small Rounding Bottom) from Apr 2021 till date - During this period - the price attempted several times to Break out of the Previous High 500 but though it had 2 instances of breakout, it could not sustain above 500 6. The Current Market is News driven, purely to the Panic sensation of over valuation. Although I don't agree that Market really works on Valuation, the Crooked Media Analysts are constantly feeding Panic to public that Market is due for a Crash / Correction Although I am strong on my view that there will be NO MAJOR CORRECTION atleast until Apr 2028, I don't discount the fact that there will be intermediately Blips - strong blips of 1-2% down or even 3-4% down in a day which will recover soon But NOT all stocks will recover from these Blips. Especially the ones like Dalmia Sugars Because of the following reasons 1. 500 Level has been super strong 2. Stock has already given massive returns and in consolidation mode 3. In the previous 2 instances - the stock always fell down to the previous Rounding Bottom BO zone and also tested the Bottom of the Parallel Channel 4. If the last week's news could not break out of the 499 Resistance, then it won't be easy now. Even if it breaks above 500, there are 2 more resistances 545 and 570 Unless and Until 570 is fully broken out and sustained for 1 full week, the price WILL fall back below 500 anytime soon. All it needs a single day of market volatility - due to some NEWS even if it is NOT related to Sugar sector. If the Small Cap / Mid Cap index falls on a day, then 500 Support would be broken down and then the price would fall all the way down to the previous support level of 202 which is -56% lower than current level When it reaches 202 - it would touch the bottom of the Parallel Channel and bounce back and continue the previous patterns For now, the Risk of Falling based on NEWS is much higher given there are 3 back to back resistances the price has to negotiate (500, 545, 570) in near term Even if the Sector starts a rally, Dalmia sugar might see a drag unless 570 is taken out. So, even if there is a Sugar Rush - better NOT to Rush on Dalmia Sugars. There are other sugar stocks to look into Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart. We neither follow Fundamentals nor Traditional Technical Analysis which bases its opinion on several Indicators. We follow an Affective Neuroscientific Approach for Market Analysis - the branch of Science that deals with Human Emotions and Reactions based on emotions. Instead of controlling our Psychology, if we understand and be prepared to handle the larger market player's Emotional reactions - we improve our success rate Please consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:DALMIASUGShort
by Stocks-n-Trends
Dalmia Bharat Sugar & Industries LtdTargets mentioned in chart - SL 362 Dalmia Bharat Sugar is one of the most efficient sugar companies in India with high distillery capacity., Adopted the multiple vapour recompression‐based distillation technologies.,without need of an additional boiler. The company is aggressive in its distillery capex plans & it is looking to leverage high demand opportunity of ethanol through grain‐based ethanol distilleries in next two years. Going forward, higher proportion of ethanol produced through grain‐based distillery.,is expected to support the profitability of the company. Power Segment Revenue will decline, due to power consumption in newer distillery capacity. Dalmia Bharat Sugar is one of the best plays in sugar sector with high sugar recovery, low cost of production, high ethanol capacity, strong sugar refining operations and very cheap valuation ‐ I will accumulate. Market Cap ₹ 3,317 Cr. Current Price ₹ 410 Stock P/E 13.0 Book Value ₹ 334 Dividend Yield 0.98 % ROCE 12.2 % ROE 9.73 % Face Value ₹ 2.00 Promoter holding 74.9 % EPS last year ₹ 30.9 EPS latest quarter ₹ 7.58 Debt ₹ 454 Cr. Pledged percentage 0.00 % Net CF ₹ -28.8 Cr. Price to Cash Flow 5.69 Free Cash Flow ₹ 365 Cr. Debt to equity 0.17 OPM last year 13.4 % OPM 5Year 14.9 % Reserves ₹ 2,689 Cr. Price to book value 1.25 Int Coverage 11.1 PEG Ratio 0.99 Price to Sales 1.05 Sales growth 3Years 15.5 % Profit Var 3Yrs 7.48 %
NSE:DALMIASUGLong
by madhu2811
Dalmia Bharat IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
BSE:DALMIASUG
by Sunstorminvest