AgarInd Swing TradeEntry
T1 - 1830/- (Time Frame - 4 to 8 weeks)
T2 - 2790/- (Time Frame - 12 Months)
AGARIND trade ideas
AGARIND: A Promising Petrochemicals Player with Robust FinancialAgarwal Industrial Corporation Ltd (AGARIND) is a diversified industrial conglomerate primarily engaged in the manufacturing and trading of petrochemicals, logistics of bitumen and liquefied Petroleum Gas, and energy generation through Wind Mills. Let's dive into the company's financial performance and technical analysis to assess its investment potential.
Financial Analysis:
Agarwal Industrial's consolidated financial performance has been impressive over the years. The company has reported consistent growth in sales, with the top line increasing from Rs. 821 crores in FY2012 to Rs. 2,008 crores in FY2022, a CAGR of around 10%. The operating profit margin has remained in the range of 6-10% during this period, showcasing the company's ability to maintain profitability.
The net profit has also grown steadily, from Rs. 23 crores in FY2012 to Rs. 100 crores in FY2022, translating to an EPS of Rs. 66.52. The company's balance sheet is robust, with a healthy debt-to-equity ratio of around 0.4x as of March 2022. The working capital management has also improved, with the cash conversion cycle reducing from 70 days in FY2012 to 40 days in FY2022.
Technical Analysis:
From a technical standpoint, the AGARIND stock has been trading in a well-defined uptrend, with the price bouncing back from a strong support line at around Rs. 770. The stock has recently broken out of a consolidation phase, indicating a potential continuation of the uptrend.
The 200-day moving average (DMA) is currently placed at Rs. 860, and the stock is trading above this crucial long-term indicator, suggesting a bullish sentiment. The relative strength index (RSI) is currently at 58, indicating that the stock is neither overbought nor oversold, providing an opportune entry point for investors.
Conclusion:
Agarwal Industrial Corporation Ltd's diversified business model, robust financial performance, and favorable technical setup make it an attractive investment proposition. The company's focus on the growing petrochemicals and energy sectors, coupled with its strong balance sheet and efficient working capital management, position it well to capitalize on the industry's growth opportunities. Investors may consider adding AGARIND to their portfolios for long-term gains.
Agarwal Industrial - Analysis Buy zone above 945 to 970
Expected Major targets - 1200 if sustain above then 1510
Minor targets - 1100, 1240 , 1380, 1460
Stop loss - Closing below - 940 for risky trader 850
Please do your due diligence before trading or investment.
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Agarwal IndustrialAgarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills
AGARINDThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This I am not sebi ragister I
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Agarwal Ind looks goodAgarwal Industries looks strong.
I missed entry into it, and hence will wait for a good entry point.
This stock is good for long term as portfolio as well.
Life time High Look at chart life time High lower high breakout getting towards new high
No recommendation for buy and sell
Agarwal Industrial Corp- Nice BreakoutAgarwal Industrial Corp- Nice Breakout
Capital to be deployed- 20k
Investing Price -800-805
Breakout Price -794
Stoploss -696
Targets -1145
#agarwalind #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTrade
AGARIND - Weekly AnalysisIn the Weekly Chart of AGARIND ,
we can see that, it is near Very Big Cup & Handle Breakout.
it has given a small breakout from trendline.
Enter with SL and go very long .
AGARIND - Bullish Consolidation Breakout with VolumesNSE: AGARIND is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
AGARIND: Support at AVWAPCMP: 680
- Volatility Contraction has been seen after a stellar move of 31% in just 8 days
- Taking support near AVWAP
Agarwal Industrial: breakout candidateAgarwal industrial is a potential breakout candidate. keep it on your radar!
Agrawal industriesAgarwal Industrial Corporation Limited ( formerly known as Bombay Baroda Roadways (India) Limited), was promoted by Sh. Jaiprakash Agarwal, Sh. Lalit Agarwal, Sh. Mahendra Agarwal and Sh. Ramchandra Agarwal, brothers, in the year 1995 with the main objective to carry on the business of transportation of LPG and Bitumen throughout India. The Company is principally engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), Logistics of Bitumen and Liquefied Petroleum Gas (LPG) and energy generation through Wind Mills.
The company came out with its maiden Public Issue in the year 1996 to expand its business operation by adding the fleet of LPG and Bitumen Tankers and thereafter, there was no looking back. As the company had clear vision to enlarge its activities from its modest origins in Transportation to Manufacturing of Bitumen & Bituminous Products, Power Generation through Wind Mills and to undertake agricultural activities, the company changed its name to “Agarwal Industrial Corporation Limited” from Bombay Baroda me Roadways (India) Limited in the year 2008, so as to reflect in the name of the company, the true nature of diversified activities it carries to the world at large.
Business area of the company
The company is well segmented company as it is engaged in varied business of (i) manufacturing and trading of Bitumen & value added Bituminous Products and has bulk bitumen storage facilities at Karwar, Haldia, Dighi and Hazira Gujarat. (ii) has large fleet of specialized Bulk Bitumen & LPG Tankers (Logistics) (iii) generates power through wind mills situated in Jaisalmer and Dhulia and last but not the least has an Authorized workshop of Ashok Leyland as Shahpur, Maharashtra.
Products
Paving Grade Bitumen
Industrial Grade Bitumen
CRMB: Crumb Rubber Modified Bitumen
PMB: Polymer Modified Bitumen
Byproducts / Waterproofing Materials
Bitumen Emulsion for Road Construction
Bituminous Expansion Jointing Boards
Services
Manufacturing and Trading of Bituminous Products
Bulk Bitumen Transportation
Wind Mills
Authorized Service Centre of Ashok Leyland
Bulk LPG Transportation
Bulk Storage Terminals
