BIG POSITIVE for COTTON TEXTILE
US Senate passes bill to ban all products from China's Xinjiang.
Textiles (specially cotton)
Xinjiang Province:
~Produces 80% of China's cotton.
~35% market share in apparel exports of the global trade.
Textile Industry:Big step forward
ICIL:
Rodtep would lead to 4 pc gains per quarter. They have accrued it for Q4 and Q1 so 3 quarter gains would be 12 pc.
Gokaldas has booked 2 pc Rodtep in Q4. So it would improve liquidity in big way
Nahar Spinning
PRECOT
Loyal Textile
Maris spinner
KALLAM TEXTILE
Winsome Textile
Gokaldas Exports
US Senate passes bill to ban all products from China's Xinjiang.
Textiles (specially cotton)
Xinjiang Province:
~Produces 80% of China's cotton.
~35% market share in apparel exports of the global trade.
Textile Industry:Big step forward
ICIL:
Rodtep would lead to 4 pc gains per quarter. They have accrued it for Q4 and Q1 so 3 quarter gains would be 12 pc.
Gokaldas has booked 2 pc Rodtep in Q4. So it would improve liquidity in big way
Nahar Spinning
PRECOT
Loyal Textile
Maris spinner
KALLAM TEXTILE
Winsome Textile
Gokaldas Exports
*Cyient Ltd.* | *CMP* Rs. 948 | *M Cap* Rs. 10437 Cr | *52 W H/L* 948/249
(Nirmal Bang Retail Research)
Dollar revenue came at $ 143.5 mn vs expectation of $ 143 mn, QoQ $ 149.9 mn, YoY $ 130.6 mn
*Result is in-line with expectations*
Revenue from Operations came at Rs. 1058.2 Cr (-3.2% QoQ, 6.7% YoY) vs expectation of Rs. 1062.4 Cr, QoQ Rs. 1093.1 Cr, YoY Rs. 991.7 Cr
EBIDTA came at Rs. 186.4 Cr (20.6% QoQ, 89% YoY) vs expectation of Rs. 189.5 Cr, QoQ Rs. 154.6 Cr, YoY Rs. 98.6 Cr
EBITDA Margin came at 17.6% vs expectation of 17.8%, QoQ 14.1%, YoY 9.9%
Adj. PAT came at Rs. 115 Cr vs expectation of Rs. 107.6 Cr, QoQ Rs. 103.1 Cr, YoY Rs. 81.4 Cr
Quarter EPS is Rs. 10.4
Share is trading at P/E of 22.6x FY22E EPS
(Nirmal Bang Retail Research)
Dollar revenue came at $ 143.5 mn vs expectation of $ 143 mn, QoQ $ 149.9 mn, YoY $ 130.6 mn
*Result is in-line with expectations*
Revenue from Operations came at Rs. 1058.2 Cr (-3.2% QoQ, 6.7% YoY) vs expectation of Rs. 1062.4 Cr, QoQ Rs. 1093.1 Cr, YoY Rs. 991.7 Cr
EBIDTA came at Rs. 186.4 Cr (20.6% QoQ, 89% YoY) vs expectation of Rs. 189.5 Cr, QoQ Rs. 154.6 Cr, YoY Rs. 98.6 Cr
EBITDA Margin came at 17.6% vs expectation of 17.8%, QoQ 14.1%, YoY 9.9%
Adj. PAT came at Rs. 115 Cr vs expectation of Rs. 107.6 Cr, QoQ Rs. 103.1 Cr, YoY Rs. 81.4 Cr
Quarter EPS is Rs. 10.4
Share is trading at P/E of 22.6x FY22E EPS
Market Wizard
Super Duper Bumper Short Term Stock Buy Manaksia Steel at CMP of 26.8 - 27.2 and dips till 24 Sl 22 Targets:- 28 - 28.5 - 29 - 30 - 31 - 32+ Above 32 we can see 34 - 36 Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before…
MANAKSIA STEEL 34.35❤️❤️
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GANESH HOUSING 130.95❤️❤️
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Mid Term Bumper Call Buy Eco Recycling (BSE - 530643) at CMP of 56 - 57 and dips of 50. Sl 45 Targets:- 60 - 62 - 64 - 66 - 68 - 70+ Above 70 we can see 74 - 80+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.…
ECO RECYCLING 81.35❤️❤️
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