Worth Peripherals LtdNet profit of Worth Peripherals declined 7.04% to Rs 3.30 crore in the quarter ended June 2024 as against Rs 3.55 crore during the previous quarter ended June 2023. Sales rose 12.60% to Rs 66.33 crore in the quarter ended June 2024 as against Rs 58.91 crore during the previous quarter ended June 2023.
Particulars Quarter Ended
Jun. 2024 Jun. 2023 % Var.
Sales 66.33 58.91 13
OPM % 9.15 9.32 -
PBDT 6.83 6.88 -1
PBT 5.13 5.36 -4
NP 3.30 3.55 -7
WORTH trade ideas
Worth PeripheralsLooks extremely good as it breaks out of the traingle pattern and expect good moves as the candle bounced from the critical 1/1 zone (Gann Fann Angle)
Daily MACD crossover is also completed as the RSI showing strength which is almost at 65. More volumes also coming in for the last couple of weeks.
Supports and targets are highlighted in Maroon for your convenience
WORTH PERIPHERALS - LONG - EDUCATIONAL PURPOSESTRONG BREAKOUT SEEN WITH VOLUMES IN WORTH PERIPHERALS
TGT : 198
SL : BELOW 84 on weekly closing basis
RR :1:1.6
FOR BETTER RR
Buy 25% Above 129,
25% On correction near 113-115
Buy remaining 50% Aafter correction is over and it crosses R1 level 126
TIME TGT: 10-12 MONTHS (till November December)
Worth is for a worthcmp 126
Disclaimer: The above is shared just for educational purpose and is my personal view. By no means shall I be accountable for any debits/losses amounting out of it. The stocks recommend may or may not have vested interests at individual or group level.I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions