Wealthcreatures.com
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Driven by Fundamentals and Leveraging Technicals.

All post are Only For Study & Educational Purpose.consult you Financial Advisor Before Investing or taking any position.
DISCLAIMER:We r Not SEBI REGISTERED ANALYST.
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Wealthcreatures.com
On Radar Agajn SPORTKING 900 To 1590 Now Trading 1:10 Split CMP - 124 Support @114/105 Expecting Good Q2 & Q3 numbers Shld do well in coming Few Qtrs
Sportking

Today’s Low @ 111.70

Strong support @ 105/100 zone

Expecting Good Q2 numbers

It has already moved from 750-800-900 zone To 1590 zone

Than have split to Fv of 1

Shld do well in next 4 to 6 Qtrs
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Wealthcreatures.com
HFCL After hitting 52wk High of 160 Showing good support @ 140-144 zone Today’s Low @149 CMP - 153-153 Shld Do well in next 1-2-3-4 Qtrs Keep on Radar
HFCL

Takes a Quantum Leap in Defence Technology with General Atomics Aeronautical Systems Incorporated, USA Partnership.

We can see Good move Tomm
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https://www.bseindia.com/xml-data/corpfiling/AttachLive/18d98fb6-1f39-4b65-99c3-c18e00a94957.pdf


Inox Wind Limited (IWL) has signed a consortium agreement with banks for ~ Rs 2,200 cr facilities, led by ICICI Bank and other private and foreign banks.

The limits have been sanctioned without corporate guarantees by group companies, reflecting confidence in the company's financial strength.

This arrangement vacates prior corporate guarantees from Gujarat Fluorochemicals Ltd.
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Wealthcreatures.com
Optiemus Infra 6% 💥 Fresh ATH 654💚
Optiemus infra

13% boom

Fresh ATH

759
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Wealthcreatures.com
P N GADGIL Days Low @ 695 Opportunity for fresh ATH
PN GADGIL

8% boom 💥

800

Watch out for close above 850 in coming days

Festival season coming
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KRN Heat Exchanger IPO

Proxy to Air conditioning Industry

Objects of the issue :

Capex expansion

Proceeds of the funds will be utilized for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan. Co plans for manufacturing bar and plate heat exchanger, oil cooling with blower, motor and roll band evaporator.

Company details:

✴️Company is a OEM supplier for the Heat Ventilation Air Conditioning & Refrigeration (HVAC&R) sector & specializes in manufacturing fin and tube-type heat exchangers made primarily from copper and aluminum.

✴️Industrial uses - air conditioning, cooling equipment, data cooling centers, railways/metros,etc

✴️As of Mar 2024, company had a supplier base of over 510 suppliers, diversified across geographies

✴️No other listed company engaged in this similar line of business.

Top clients :

✴️Daikin Air-conditioning
✴️ Schneider Electric
✴️ Blue Star
✴️ Frigel Intelligent Cooling Systems
✴️Kirloskar Chillers

Financial highlights :

✴️Revenue grows @ 25% CAGR over the last 3 years.

✴️PAT grows @ 54% CAGR over the last 3 years.

✴️ROE - 40.86% , ROCE - 31.21%

✴️ Export revenues growing at a CAGR of 44.71% over
the last 3 years.

At upper price band , PE comes around 26

Risk factors :

✴️ Revenue concentration risk
Top 10 customers contribute 72%
Top 5 customers contribute 55%
Single customer(Daikin) - 33%

✴️ No long-term agreement with their clients. Hence, if any customers move to other vendors, then co at financial risk

✴️Company heavily dependent on overseas suppliers for its raw materials. Any change in govt policies or geopolitical issues will have adverse impacts

Conclusion : -

Company into good futuristic sector and as of now, they are the only listed player in this field. The need for Air-conditioning will rise in the coming years to come.

IPO proceeds is utilized for investing in setting up a plant for forward integration aimed at addressing the growing needs of railways for their electric engines, compressors manufacturers and refrigerator manufacturing companies.

Small company with very good potential growth in the coming years.

Must apply ipo for listing gains and also for growth as good capex planned
Wealthcreatures.com
Deepak Fertlizer Yesterday Low - 955-957 Today’s Low - 958.30 shakeout of weak hands 🙌
Deepak Fertlizer

1070

Watch out for close above 1075-1080 zone for Fresh ATH OF 1124 to be crossed 🔜

Expecting —->> 1200~1400~1650~1800~2000~2400~3000+

Slow & steadily as capex comes in play 2024 To 2026
Wealthcreatures.com
ADSL Lucky investments is Ashish Kacholia firm
ADSL

Available at Days Low @ 262.50

Support @ 245

Strong support @ 220

Its opportunity if one has been patience to hold for next 4-8-12 Qtrs

Try to add near support for better Risk Reward
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Wealthcreatures.com
Optiemus Infra Fresh ATH 790
Optiemus infra

Now 16% blast 💥

844

Fresh ATH
Wealthcreatures.com
On radar Again Surya Roshni 478 To 714 Done ✔️ Till now Days High - 714 Closed @ 691 support @625/600 Getting Ready for 52wk high soon 🔜 & 850/900/1010+
Surya Roshni

On Radar Again

Crossing 714 after good consolidation

Getting Ready for Fresh ATH SOON 🔜

AND also 1000/1111+
Wealthcreatures.com
JUST AN OBSERVATION By looking at Broader markets it feels no big movement in it and many stock are under correction mode.This phase can be a Distribution phase also. Markets are waiting for interest Rate Cut.Even after interest rate cut there won’t be…
Our Just an Observation seems to be proving Right

Nifty at ATH OF 26087

Current market requires good Patience Level

Neither small/midcaps are falling much nor they are moving much just consolidating ahead of Q2 Numbers
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