Wealthcreatures.com
1.42K subscribers
1.19K photos
48 videos
40 files
1.54K links
Visit us at www.wealthcreatures.com

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.
Download Telegram
1 Stock Coming This week

For Good Returns.

High Momentum Pick.

Be Ready.
VID-20201225-WA0076.mp4
15.7 MB
Video from JIGAR JAWAHARLAL SHAH
Watch Video Till End πŸ‘†πŸ‘†πŸ‘†

Why you need investment Advisor To create & Make Big money πŸ’°
Wealthcreatures.com
LMW (LAKSHMI MACHINERY WORKS) Cmp - 3910 BEST BUY - 3850 - 3880 S/L - 3750 TEST LEVEL # 4000/4150/4300++ TF - 1 TO 2 MONTH LONGTERM TEST LEVELS - 5500/6800++
Lakshmi Machine Works Ltd - Management Call Highlights

Textile Machinery Division:

Order book is about Rs.1,400 Cr of which 30-35% would be active order book, up from 20-25% few months ago.

Most of the mills are back in operations and export of yarn has also picked up quite well.

Customers have re-started project discussion and expansion plans.

Order book has started to build up in Textile Machinery; however, 4QFY21 will show a clear picture of the capital expansion plans of the customers.

Textile Machinery utilisation is at 60-65%. Demand for spares have improved meaningfully over last 6 months.

Yarn and Garment exports from India is picking up which is a positive sign for the company’s customers.

Many textile companies are earning super normal profits and many are recovering losses that were suffered over a period of time during slowdown due to improved spread and uptick in demand.

Machine Tools Division:

Company is witnessing robust demand in Machine tools segment and has an order book with visibility of 3 months (normally 2 months)

Getting equal traction from Auto & Non-Auto Sector in this division.

Witnessing meaningful traction in exports rather than domestic market. This segment is also seeing benefit from China +1 strategy.

Defence & Aviation sectors have taken a back seat.

Capacity utilisation of this division would be upward of ~80%

Other Highlights

India is been seen as a potential substitution to China for sourcing by other Eastern & Western countries as part of China+1 strategy .

China has around 120mn spindle capacity and India has 50mn spindles capacity. Bangladesh is close to 15m spindles market and Vietnam is 5mn spindles market.

Export enquiry have also picked up as markets like Bangladesh, Vietnam , Pakistan , Turkey , Uzbekistan have also benefited from diversification from China. Bangladesh is the largest market for LMW. However lot of export order have adverse credit terms and LMW is selective in picking orders.

Irrespective of subsidies, if demand improves and continues for more than 6-12 months, the sector will see capacity expansion in near future.

Textile players will take benefit of PLI scheme as most players are running at full capacity and will need expansion, also low tax rate will also improve economics.

Government has provided lot of support to sector like MSME classification, PLI, reduction in custom duty for input of man made fibre, support during COVID through various liquidity measure.
ONE

MORE I.T STOCK LOOKING GOOD TECHNICALLY

🎯ZEN TECH 🎯

CMP - 89.20

MKT CAP - 710cr

ACCMULATE- 80 To 85 zone

SUPPORT @ 80/77

Once closed above 99 READY FOR CLEAN UPMOVE

TEST LEVELS # 110/122/135++

UPSIDE - 50%++

TF - 3 TO 6 MONTHS

S/L - 2% to 3% below support levels or 75 on CBSL.
Wealthcreatures.com
NIIT LTD NEW 52WK HIGH 205 NOW - 199 CAN ADD FOR NEW TEST LEVELS # 215/230++
NIIT LTD

The company's board has approved an up to Rs 237-crore buyback proposal at Rs 240 per equity share.
TECHNO FUNDA

CONFIDENCE PETRO

LOOKING GOOD

CMP - 37.15

GOOD TO ADD AT CMP & ON DIPS ALSO TILL 30

TEST LEVELS # 46/55/75/100++

TF - 1/3/6/12/18 MONTHS

S/L - As per Risk or 28.50 on cbsl
Wealthcreatures.com
ONE VERY UNDERVALUED STOCK AIMCO PESTICIDES AGRO PLAYER CMP - 92 BUDGET BET ALSO CAN BE TAKEN FOR SHORT TO MEDIUM TERM CAN EASILY GIVE 30%/50% TO 100% RETURNS IN MEDIUM TERM 3/6/12 MONTHS ONCE CROSSED 105 CAN SEE CLEAN UPMOVE Disc - Study before…
ON RADAR AGAIN

AIMCO PESTICIDES

CMP - 102

ONE CAN ADD LIGHT QTY HERE ALSO


Almost Debt Free company & Valuation are attractive

πŸ”ΆIt is a innovative company, makes high-margin products and caters to a niche export market

πŸ”ΆThe promoter has put in capital for expansion via preferential issue at Rs 168 per share which would boost confidence.
MOMENTUM CALL

PERSISTENCE SYSTEM LTD

CMP - 1490

ADD BWT # 1470 TO 1490

TEST LEVELS # 1550/1625/1700++

TF - 1 TO 3 MONTHS

SUPPORT @ 1450

S/L - 1% Below support level on cbsl
Wealthcreatures.com
50% portfolio Must IN I.T MAstek TODAYS LOWS 802.20 Add on all dips for next 12 months
MASTEK

BIG BREAKOUT

CROSSED RESISTANCE LEVEL OF 1125

BIG UP MOVE EXPECTED IN COMING DAYS
QUICK HEAL

CMP - 160

TEST LEVELS # 175/182/190++

Support@ 154/148

S/L - 145 on cbsl