I bought Indian Energy Exchange Ltd (IEX) at ₹201, targeting ₹252 and ₹325 within one year, with a stop loss set below ₹185. IEX is a leading power trading platform in India, offering an efficient, transparent, and automated exchange for electricity trading. The company boasts strong fundamentals, with a high return on equity (ROE) of 37.7% and minimal debt,...
Nelco Ltd., a Tata Group company specializing in VSAT connectivity and Satcom solutions, has demonstrated steady financial growth with a market cap of ₹2,919 Cr and a current stock price of ₹1,279. Despite a high P/E ratio of 130, the company maintains an ROE of 20.7% and ROCE of 23.4%. Over the past year, sales reached ₹316 Cr with a net profit of ₹22 Cr....
Khaitan Chemcial Ready for a major upside. I have bought at 93 for the upside for 160-210 with a stop loss of 82
Rossari Biotech has demonstrated consistent financial growth, with its revenue increasing from ₹516 crores in FY2019 to ₹1,910 crores in the trailing twelve months (TTM) of FY2024. The company has maintained a stable operating profit margin around 13-17% over the years, reflecting its efficient cost management and strong market position. Although the return on...
Maharashtra Seamless Ltd (NSE: MAHSEAMLES), part of the D. P. Jindal Group, is a leading manufacturer of seamless and ERW pipes in India, also diversifying into renewable energy and rig operations. The company has shown consistent financial performance, with strong profit growth of 26.3% CAGR over the last five years and a high ROCE of 22.9%. Despite a recent dip...
SOLANA getting ready for big move Buy near 147-148 Stop loss at 139 Target 180-190 short term
Buy above 396 Support at 379 target 421-442 Buy only above given price. We have a clear cut buy signal generated