KRISCHA going with the flow!!!A bullish flag formation!
Stock consolidating near its ATH!
All signals in favours of bulls!
A green signal from my side!
KRISHCA trade ideas
Lifetime High BreakoutTechnical Analysis -
All time resistance at Rs.305 has been broken with high volumes. Vstop is also positive both in weekly as well as monthly charts.
Fundamental Analysis (FY 23-24) -
Revenue up by 45% (YoY)
PAT up by 42% (YoY)
PAT Margin is 12.6%
RoE 121%
RoCE 81.6%
Capex completed recently in April 2024. New plant which doubles the capacity of production of steel strapping, has gone live in May.
KRISHCA KRISHCA STRAPPING has breakout consolidation level and TGT are mation in chart and this is only for educational purpose
#KRISHCA - Nice range breakout supported by volumes!#KRISHCA
This #SME stock is in my watchlist!
Nice range breakout supported by volumes!
Stoch has been in consolidation since a good period and breaking out with volumes today.
The measured target can be 50% post the candle high break of the daily candle which confirms breakout.
Krishca Strapping Solutions LtdKrishca Strapping Solutions Ltd
Company provide steel packinging solutions for various industries.
Cmp - 144
Stock PE - 18
Mcap - 171 Cr
Sales - 72 Cr
Roce - 115%
Roe - 584%
Profit growth - 519%
Roi - 60%
Closed Bareaking Previous High
Taking support from Trendline
