uniparts breakout583 was important resistance and can say gave break out from falling wedge pattern.
volumes built up today was too strong.
from here on looks 650 would be short term resistance once above it can move towards it's all time highs.
if we see it could be Rounding bottom break out from their own.
RSI above 65 which is indicating positive fast move
watchout for the tremendous stock
Disclaimer- only for education purpose not a recommendation.
UNIPARTS trade ideas
UNIPARTSElephant candle at lower levels followed by gud volume it may be gud buy at this price point.
Becoz sl is very low . at target will be high it is very gud risk reward ratio trade.
SL 520
FIRST TARGET WILL ALL TIME HIGH
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
UNIPARTS : Ready to fly **Fundamental Analysis - Uniparts India Limited **
๐ **Business Model:**
- **Segments:** Agricultural, Construction & Forestry, After-Market.
- **Operations:** Design, manufacture high-quality components; build OEM relationships; global expansion; aftermarket parts/services.
๐ **Revenue Growth:**
- **CAGR:** 15% over the last 5 years.
๐น **Earnings Growth:**
- **Efficiency:** Robust earnings growth, exceeding revenue increase.
๐ **Financial Performance (FY18-FY23):**
- **Revenue:** INR 822Cr to INR 1400Cr (CAGR 15%)
- **PAT:** INR 122Cr to INR 270Cr (CAGR 18%)
- **EPS:** INR 8.2 to INR 18.1 (CAGR 16%)
- **ROE:** Improved from 20% to 25%
- **Operating Margin:** Stable at 17-18%
๐ **Financial Ratios:**
- **Debt-to-Equity:** Moderate at 0.5.
- **Current Ratio:** >1.5, indicating good liquidity.
- **Interest Coverage Ratio:** >5, strong debt servicing capability.
๐คผโโ๏ธ **Major Competitors:**
- Precision Castparts Corp. (PCC)
- Bharat Forge Limited
- Mahindra CIE Automotive Limited
- Tupy S.A.
๐ **Competitive Advantages:**
- Strong OEM relationships.
- Focus on quality and innovation.
- Diversification across sectors.
- Global presence.
๐ **Top Customers:**
- John Deere
- CNH Industrial
- AGCO Corporation
- Komatsu
- Caterpillar
๐ผ **Debt Level & Financial Stability:**
- Moderate debt level; ongoing monitoring essential.
๐ **Strategies & Investments:**
- Expand product portfolio.
- Focus on aftermarket for recurring revenue.
- Strengthen presence in India and Europe.
- Explore strategic acquisitions/partnerships.
๐ฐ **Latest News:**
- European partnership for construction equipment.
- Plans to invest in a new Indian manufacturing facility.
- Positive analyst reports on demand and positioning.
๐ **Market Data:**
- For traded vs. delivery quantities and share pledge status, refer to real-time financial platforms.
Technical Analysis
Stock has completing its primary wave 2 in daily time frame and has given a sign of recovery form its bottom with good amount of volume.
generating a buy call to ride wave 2 (motive wave) with a good R/R of 1:3 and expecting return of 38% from current levels
Recommended Price : 550 -570
Target Price : 776
Stop Loss : 599
๐ **Disclaimer:** Information based on available data, not financial advice. Conduct own research and consult a financial advisor before investing.