GAEL LTD - NOT A BAD ENTRY AT ALL I SEE.Everything is pretty much explained in the picture itself.
I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience.
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GAEL trade ideas
MODI's Favorite Gujarat Ambuja Exports Swing Trade'MODI's Favorite Gujarat Ambuja Exports Swing Trade
Fundamentals and technicals both are strong.
Wait for the proper Entry
TGT = 9%
SL = 5%
Quarterly Earnings (INR)
Date(Transcript ) EPS %Chg Sales(Cr) %Chg
Dec-23 4.39 +23% 1,301.8 +15%
Sep-23 3.62 +29% 1,115.7 +4%
Jun-23 3.09 -38% 1,163.0 -9%
DEC SEP JUN MAR
Foreign Portfolio Investors 4.09% 3.93% 3.99% 4.74%
Market Capitalization = INR 9,184.87 CR
Sales = INR 5008.99 CR
Shares in Float = 8.26 CR
No of Funds = 109 (+4.81 %)
Shares held by Funds = 1.20 CR (+20.14%)
Gujarat Ambuja Exports LtdTARGET AND SL IN CHART
Gujarat Ambuja Exports is engaged in the manufacturing of Corn Starch Derivatives, Soya Derivatives, Feed Ingredients, Cotton Yarn, and Edible Oils. Since its incorporation in 1991, GAEL strives to serve the Food, Pharmaceutical, Feed, and many other industries with a long-term growth strategy in the Agro-Processing sector.
Market Cap
₹ 6,550 Cr.
Current Price
₹ 286
52 week High / Low
₹ 319 / 222
Stock P/E
22.9
Book Value
₹ 107
Dividend Yield
0.25 %
ROCE
17.9 %
ROE
14.5 %
Face Value
₹ 1.00
Promoter holding
63.8 %
EPS last year
₹ 14.4
EPS latest quarter
₹ 3.09
Debt
₹ 227 Cr.
Pledged percentage
0.00 %
Net CF
₹ 83.8 Cr.
Price to Cash Flow
27.4
Free Cash Flow
₹ 48.9 Cr.
Debt to equity
0.09
OPM last year
9.70 %
OPM 5Year
10.7 %
Reserves
₹ 2,420 Cr.
Price to book value
2.68
Int Coverage
25.1
PEG Ratio
1.76
Price to Sales
1.36
Sales growth 3Years
8.75 %
Profit Var 3Yrs
29.9 %
GAEL Symmetrical Triangle breakoutNSE:GAEL BSE:GAEL
Time Frame – Weekly
Observations : -
* Good consolidation seen after retest of breakout level of cup & handle pattern
* Taken the good support at trendline
* Symmetrical Triangle breakout done with high volume
Resistance – 395 / 501 / 609 / 734
Support – 280-260 zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Resistance 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