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Driven by Fundamentals and Leveraging Technicals.

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Wealthcreatures.com
Our wroste case zone still 15500 - 15000
Hope All made money in this upmove

Nifty 15184 To 16500++
Maulik Mehta, CEO & ED, Deepak Nitrite Ltd, in a candid interview with Fortune India talks about the global push by customers to source Chemicals manufactured in India, increasing in coming years as a part of China+1 strategy. Read more: https://t.co/MbzSfKKqHf #MakeInIndia https://t.co/9PQC3pxWTS
India going strong relative to other countries πŸ’ͺ

While $ has hit β‚Ή80

we have been relative outperformers vs other Nations
Wealthcreatures.com
Kaisa Laga Rocket πŸš€ MFL KA Updated @ 1525 NEW ATH Now @ 1580 Long way to Go
MFL

Yest Low @ 1560

Lows Till now @ 1573

Fy23 Q1 Numbers & Concall Today

Watch out for move above 1630 today & in coming week
Wealthcreatures.com
SAKAR HEALTHCARE Our Diwali pick FRESH ATH 218 πŸ’š
Sakar Healthcare

Don't worry.....Hold Tight

Cooling off after 50% to 55% Run up in 12 to 15 days

Support @ 190
Just an Observation

πŸ”…Stock market Bottoms Out much before Economy Bottoms OUT

πŸ”…This Rally is just bounce or a Bear market Rally then wait for next few Days....

πŸ”…Markets Nature to suprise

πŸ”…Undertone is not bearish anymore till we trade above 16000 zone

πŸ”…Price Action would be needed to confirm Trend of Nifty in coming Days

πŸ”…Bank Nifty has came out as Leadership and can Outperform going forward
Meghmani Finechem Good Numbers
Meghmani Finechem Ltd.
Q3FY23


YoY excellent set of numbers
QoQ Good Numbers


Revenue #
535cr vs 501cr (QoQ) vs 290cr (YOY)

PBT #
156cr vs 144cr vs 59cr

PAT#
108cr vs 99cr vs 37cr

EPS #
25.94vs 23.85 vs 8.89

FY23 Expected EPS can be around πŸ’―+
Wealthcreatures.com
Maulik Mehta, CEO & ED, Deepak Nitrite Ltd, in a candid interview with Fortune India talks about the global push by customers to source Chemicals manufactured in India, increasing in coming years as a part of China+1 strategy. Read more: https://t.co/MbzSfKKqHf…
DEEPAK NITRITE

7% πŸ’š

1880

Can we see 1960/2000

Q1 would be pressure due to higher crude prices and Raw material pressure & Also due to fire incident

But beyond Q1 it can show up performance as Valuation looks Good
Meghmani Finechem

Concall

Management confident of it's FY23 guidance of 50% revenue growth and EBITDA margin of 26%+.

And if caustic soda prices remain at current levels, margin could be 30%+

Strong execution, Good Product selection, Strong growth and still debt down.
GSFC on Radar

Cmp - 143

Gujarat State Fertilizers & Chemicals Ltd - Excellent Numbers

Q1FY23 Net Profit Of 346 cr
VS
Q4FY22 Net Profit Of 286 cr
VS
Q1FY22 Net Profit Of 136 cr

QOQ Net Profit Growth Of 21%
YOY Net Profit Growth Of 154%

Stock Trading at Forward P E of Just 4.

Expecting Blockbuster numbers from GNFC too
After a longtime Seeing Trend change....fii buying continues from last 4 days
MFL

6% πŸ’š

Fresh ATH

1645

Yest Updated on time ⏲️