Wealthcreatures.com
LTTS Slowly moving 3960 Days High - 3996
LTTS
Breakout
4000+
Days High - 4060
Breakout
4000+
Days High - 4060
DEEPAK NITRITE
Correct almost 14% - 15% from 2275 to sub 1920 - 1940 zone
Support@ 1890/1700
Need to cross 2000 & 2100 in coming month to sustain and get back again above 2250 zone
Only on close above 2275 - 2300 zone upward rally to start
Sooner or later has to go up
Capex shld start in next 2 Qtrs
Know why Deepak Nitrite was hitting day high ?
Excellent update in Deepak Nitrite annual report 2023.
“We have announced investment aggregating to 2,500 Crores for expanding our capacity, enabling assured availability of inputs, backward integration….”
Correct almost 14% - 15% from 2275 to sub 1920 - 1940 zone
Support@ 1890/1700
Need to cross 2000 & 2100 in coming month to sustain and get back again above 2250 zone
Only on close above 2275 - 2300 zone upward rally to start
Sooner or later has to go up
Capex shld start in next 2 Qtrs
Know why Deepak Nitrite was hitting day high ?
Excellent update in Deepak Nitrite annual report 2023.
“We have announced investment aggregating to 2,500 Crores for expanding our capacity, enabling assured availability of inputs, backward integration….”
Seshasayee Paper & Boards
Cmp - 287
Market cap - 1811cr
Book Value - 259
Support @264/240
52wk High/Low - 348/188
Dividend Yield - 2%
ROCE - 36.5%
ROE - 27.4%
Debt-free company with 500 Cr cash, PE 4.5.
https://www.spbltd.com
🔅This dirt-cheap valued small-cap company is undergoing a capacity expansion of 800 Cr without taking any DEBT
🔅Paper consumption in the USA is 150 Kg per capita, and in India is just 15 Kg. So one can see tremendous growth in this sector next many decades. Indian companies need to double their capacity every 5-7 years to meet growing demand.
Recent developments towards capex:
🔅Servalakshmi Paper acquisition done through NCLT, adds a capacity of 75000 tonnes per annum after refurbishment. Aquisition cost 105 Cr.
🔅Erode project Mill Development: Enhance paper Capacity from 1,65,000 tonnes p.a. to 2,31,000 tonnes p.a. and Pulp Capacity (Wood and Bagasse) from 1,80,000 tonnes p.a. to 2,52,000 tonnes p.a. The project cost is 700 cr.
🔅Indian paper companies have become import independent for pulp from local tree plantations. This can help companies to sustain their margins.
🔅The stock has not participated in the recent rally. Probably investor is scared to invest in the cyclical sector like paper.
Script is significantly undervalued against peers like JK Paper, Andhra Paper, etc
Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Cmp - 287
Market cap - 1811cr
Book Value - 259
Support @264/240
52wk High/Low - 348/188
Dividend Yield - 2%
ROCE - 36.5%
ROE - 27.4%
Debt-free company with 500 Cr cash, PE 4.5.
https://www.spbltd.com
🔅This dirt-cheap valued small-cap company is undergoing a capacity expansion of 800 Cr without taking any DEBT
🔅Paper consumption in the USA is 150 Kg per capita, and in India is just 15 Kg. So one can see tremendous growth in this sector next many decades. Indian companies need to double their capacity every 5-7 years to meet growing demand.
Recent developments towards capex:
🔅Servalakshmi Paper acquisition done through NCLT, adds a capacity of 75000 tonnes per annum after refurbishment. Aquisition cost 105 Cr.
🔅Erode project Mill Development: Enhance paper Capacity from 1,65,000 tonnes p.a. to 2,31,000 tonnes p.a. and Pulp Capacity (Wood and Bagasse) from 1,80,000 tonnes p.a. to 2,52,000 tonnes p.a. The project cost is 700 cr.
🔅Indian paper companies have become import independent for pulp from local tree plantations. This can help companies to sustain their margins.
🔅The stock has not participated in the recent rally. Probably investor is scared to invest in the cyclical sector like paper.
Script is significantly undervalued against peers like JK Paper, Andhra Paper, etc
Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Wealthcreatures.com
Precam 220 💚 20% UC
PRECAM
Another 13% UP
Fresh ATH
249 💚
Another 13% UP
Fresh ATH
249 💚
Wealthcreatures.com
Shriram Pistons Those who missed Now @ 2235 at LC Good to add on dips 2100 - 2000 - 1900 If anyone have patience to hold this can Reward you very well
Shriram Pistons
At Days Low - 2124
Good to Add on all Dips
Just need patience
At Days Low - 2124
Good to Add on all Dips
Just need patience
Wealthcreatures.com
Seshasayee Paper & Boards Cmp - 287 Market cap - 1811cr Book Value - 259 Support @264/240 52wk High/Low - 348/188 Dividend Yield - 2% ROCE - 36.5% ROE - 27.4% Debt-free company with 500 Cr cash, PE 4.5. https://www.spbltd.com 🔅This dirt-cheap…
Seshasayee Papers
Stated moVîng
4.5% 💚
299 ➕️
Stated moVîng
4.5% 💚
299 ➕️
Wealthcreatures.com
EXPLEO SOLUTION Already Move 10x From our 1st Recommendation of 181 to 1874 Cmp - 1435 Support@ 1399/1360 Can Retest - 1540/1650/1750/ATH TF - positional S/L - 1297 on cbsl or As per Risk
EXPLEO SOLUTION
1650
Possible can Test ATH in coming QTR
And expected 2000 - 2500 - 3000+ there after
1650
Possible can Test ATH in coming QTR
And expected 2000 - 2500 - 3000+ there after
Wealthcreatures.com
I.T index Comfortably above 30000+ Currently Trafing - 30497 Looking forward for - 31500/32650/33000/34500/35450/36600+ Expecting 40000+ in 2nd half of 2024 let's c
I.T
Index
Almost 2% UP
31580
31500 ✔️
Next - 32650/33000/35450/36600
And Than The Big one
40000 ➕️
Index
Almost 2% UP
31580
31500 ✔️
Next - 32650/33000/35450/36600
And Than The Big one
40000 ➕️
Wealthcreatures.com
I.T index started showing Reversal. Can it sustain. Valuation Resonable Look for strong & Fundamentals stocks picks with future growth & Earnings Our TOP PICKS ( 1 TO 3 YEARS WOULD OUT PERFORM) LTTS LTI AURIONPRO
All 3 picks shld DO well
Aurion pro already outperformed markets
Next LTTS & LTIM
Aurion pro already outperformed markets
Next LTTS & LTIM
Wealthcreatures.com
Precam 220 💚 20% UC
PRECAM
BACK 2 back
20% UC
40% Up in just 2 Days
Almost 3X in 4 months
BACK 2 back
20% UC
40% Up in just 2 Days
Almost 3X in 4 months
Market Making New High
Nifty & Sensex Moving Higher
But as Markets keep inching Higher
Risk Increases and Risk Reward getting LOWER
2024 is the Election Year
If you see the Past History
Before every General Election market had Fallen as MARKETS don't Like Uncertanity
Markets corrected in
2008
2013
2018
But it never corrected much in 2023.
Still 5 months are Remaining & Few months of 2024 before elections
In Bull Market Everyone ignores P.E espically in Midcaps & Smallcaps
Avoid high PE Midcaps & Smallcaps where growth is low and also Where promotors are Not Investor friendly
Concentrate on companies which are going to Have Capex
Simply avoid High P.E stocks without Capex
Nifty & Sensex Moving Higher
But as Markets keep inching Higher
Risk Increases and Risk Reward getting LOWER
2024 is the Election Year
If you see the Past History
Before every General Election market had Fallen as MARKETS don't Like Uncertanity
Markets corrected in
2008
2013
2018
But it never corrected much in 2023.
Still 5 months are Remaining & Few months of 2024 before elections
In Bull Market Everyone ignores P.E espically in Midcaps & Smallcaps
Avoid high PE Midcaps & Smallcaps where growth is low and also Where promotors are Not Investor friendly
Concentrate on companies which are going to Have Capex
Simply avoid High P.E stocks without Capex
Wealthcreatures.com
As per our Past Experience and Alalysis Markets are heading a fresh bull run Next 12-15 months - Overall should do good for Markets & Individual scripts Nifty had made ATH in OCT 2021 AND THAN RETRACEMENT/CORRECTION was there TILL SUB 15000 OR SAY 15300…
NIFTY
ATH
19959
JUST 41 points away from
2⃣0⃣0⃣0⃣0⃣ Mark
ATH
19959
JUST 41 points away from
2⃣0⃣0⃣0⃣0⃣ Mark
Wealthcreatures.com
On Radar Shriram Piston & Rings Ltd Cmp - 2075 Market Cap - 4554cr Support @ 1800/1680 Good to add at cmp & on dips Watcout for close above 2211 for clean upmove Possible - 2x/3x/4× ➕️ TF - 2 To 3.5/4 years S/L - As per Risk or 1589 on weekly…
Wealthcreatures.com
Shriram Pistons Those who missed Now @ 2235 at LC Good to add on dips 2100 - 2000 - 1900 If anyone have patience to hold this can Reward you very well
SHRIRAM PISTON
Looked in UC @ 1352
( Aft 1:1 Bonus)
Looked in UC @ 1352
( Aft 1:1 Bonus)
Wealthcreatures.com
Shriram Pistons 1 : 1 bonus So those who bought at 2075 - 2100 zone Buy price @1040 - 1050 Now 🔒 in UC @1352
Shriram Piston
Now at strong UC
Fresh ATH
@
1565
50% up
Now at strong UC
Fresh ATH
@
1565
50% up
Wealthcreatures.com
POONAWALA FINCORP FRESH ATH 354 Just 5% Away from being Perfect 20× in just 3 years Next - 25×/30x/40×/50× Journey would be slow 🐌 and steady
Poonawala fincorp
8% 💚
Fresh ATH
422
18.50 To 422
Almost 23x NOW
Power 🔋 of entering early & Holding with Patience
As said expecting 25×/50×/100×
But not one way with lots of ups and down in medium to longterm
8% 💚
Fresh ATH
422
18.50 To 422
Almost 23x NOW
Power 🔋 of entering early & Holding with Patience
As said expecting 25×/50×/100×
But not one way with lots of ups and down in medium to longterm