Head and Shoulder Pattern in Daily Chart - SANSERAHead and Shoulders Pattern displayed for Sansera Engineering. When it breaks the support line next target would be around 1250.
SANSERA trade ideas
Consolidation break in SANSERA ENG - 15% move min expectedSANSERA has been in consolidation for 3 and half months and looks at the breakout zone on daily TF after almost a minor price consolidation of of 2 weeks with healthy volumes over the last couple of weeks.
The company has increased institutional investing and a healthy QoQ growth for the last 2 quarters to add to strength. Although in comparison to last year, there is not much of a noticeable difference.
Additionally the return on equity from the stock is just about 13% in the last 3 years.
Dont have much confidence on the stock or the breakout.
Looks "technically" good on weekly time frame too.
However for swing traders you can keep this in your watchlist.
Entry - INR 1068
SL - (DL) - 5% (below consolidation)
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
SANSERA ENGINEERING LTDSansera Engineering (1D)
CMP 927.60
FLAG & POLE PATTERN Visible
Breakout awaited
3 MF HOUSE BUYING @ 835
on 22nd June 2023
(SBI, KOTAK, ICICI)
Sansera Engineering-Nice breakoutSansera Engineering-Nice breakout.
Capital to be deployed- 20k
Investing Price -901-905
Breakout Price -901
Stoploss-823
Targets-1133
#sansera #StocksToBuy #StockMarket #StockToWatch #StocksInFocus #stockstowatch
SANSERAAuto Ancillary Company
Automotive sector (88.45% of FY21 revenue)
Non-Automotive sector (11 % of the revenue)
Products -
Connecting rods
Rocker arms
Crankshafts
Gear shifter forks
Stem comp
Aerospace products
Integral crankshaft
Trading above all EMA , Breakout on symmetrical traingle - Targets 832 and 890 - with SL 740
Market Cap
₹ 4,182 Cr.
Current Price
₹ 790
Stock P/E
29.6
Book Value
₹ 210
Dividend Yield
0.25 %
ROCE
14.4 %
ROE
13.4 %
Face Value
₹ 2.00
Promoter holding
35.5 %
EPS last year
₹ 24.6
EPS latest quarter
₹ 8.48
Debt
₹ 616 Cr.
Pledged percentage
0.00 %
Net CF
₹ 15.7 Cr.
Price to Cash Flow
22.5
Free Cash Flow
₹ -53.1 Cr.
Debt to equity
0.56
Volume
327,597
OPM last year
17.4 %
OPM 5Year
18.2 %
Reserves
₹ 1,099 Cr.
Price to book value
3.77
Int Coverage
5.00
PEG Ratio
1.98
SANSERA BREAKOUT FROM TRIANGLE PATTERNSANSERA is breaking out from triangle pattern . It is for study purpose An uptrend is expecting
sansera enggThe company makes complex and precision-led automobile and non-automobile parts. It supplies components directly to original equipment makers in finished condition. It derived 88.45% of its revenue from the automotive segment as of the year ended March 2021. India is its largest market, contributing up to 64.9% of its revenue. Sansera Engineering has 16 manufacturing facilities, including one inSweden
The company is among the top suppliers of connecting rods to passenger car and commercial vehicle makers in India and abroad. This segment contributes 39.6% of its revenue
The company supplies to nine out of top 10 automakers in India and its clientele includes Bajaj Auto Ltd., Honda Motorcycles & Scooters, Yamaha and Maruti Suzuki India Ltd.
Bajaj Auto is Sansera's top customer, accounting for a little more than a fifth of its revenue in FY21. Its top 10 customers generated 59.21% of total revenue during the same period. The company's revenue break-up from the auto sector is: 50.39% from supplying to two-wheeler makers. 24.12% from four-wheeler companies 13.14% from commercial vehicle firms. The company plans to set up a greenfielderospace and defence facility in Bengaluru. The segment accounts for 3% of its revenue as of now.
