#ASTRAL:NSEASTRAL has recently hit 2143 and retraced to 1894 now between the 50 & 61% FIBO, keep in watchlist Entry above 1966 SL 1894...Longby billpramodUpdated 118
27-05-2024 - Stocks for intradayAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation Longby Grow_YourCapital0
ASTRAL 1DayRetest is observed. Good up move is expected. . . . . . . I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit. No Claim, All Rights Reserved.‼️Longby saimandali0
NSE:ASTRAL Ltd's -Abki bar breakout ke liye Tayar 🌋???NSE:ASTRAL Astral Poly Technik Ltd: Pioneering the Indian Plumbing and Adhesive Industry Established in 1996, Astral Poly Technik Ltd set out with a vision to manufacture pro-India plumbing and drainage systems. Over the years, it has expanded into the adhesive business, marking its territory across multiple domains. Historical Milestones Astral has emerged as a frontrunner in the CPVC pipes and fittings sector in India. It pioneered the introduction of lead-free PVC pipes in 2004 and brought lead-free uPVC column pipes to the market in 2012. The company's strategic move into the adhesives space occurred in 2014, with the acquisitions of Seal IT Services Limited (UK) and Resinova Chemie Limited (RCL). Diverse Product Range Astral's portfolio extends beyond pipes to include water tanks, faucets, sanitary ware, and paints. It boasts approximately 37 variants in its pipe and tank segment and about 23 in adhesives. Revenue Breakdown A) Piping Division: Contributing 73% to the company’s revenues, Astral offers an array of products for various systems, including fire sprinklers and industrial applications. The acquisition of Rex Polyextrusion added specialties like corrugated pipes and telecom line protection systems to its arsenal. B) Adhesives Division: Accounting for 27% of revenues, this division offers products ranging from epoxy adhesives and sealants to construction chemicals and tapes. Inorganic Growth and International Presence Astral has spread its wings internationally, with manufacturing in 3 countries and exports to over 25. It generates around 8% of its revenue from international sales. Manufacturing Excellence The company's manufacturing footprint includes eight piping and water tank facilities in India and five adhesives plants globally. To optimize logistics costs, Astral strategically positions its facilities to serve different regions within India and has recently expanded to Bhubaneswar, Odisha. Future Expansion Astral plans to augment the capacity of its Bhubaneswar plant and is establishing new facilities in Guwahati, Hyderabad, and Kanpur. These are set to become operational between FY24 and FY25, with a planned annual capex of ₹300-350 crore funded through internal accruals. Extensive Distribution Network The company's robust distribution network features over 2,750 distributors and more than 1,93,000 dealers. With a strong foothold in West and South India, the piping business is expected to grow in the North and East with new facilities. Strategic Raw Material Sourcing The company predominantly imports CPVC resin from Sekisui Chemical and relies on domestic giants like Reliance Industries for PVC resins. New Ventures In the pursuit of diversification, Astral ventured into faucets and sanitary ware in October 2021, eyeing a market potential of ₹15,000 Cr. This division is led by Mr. Atul Sanghvi, the former CEO of CERA, who has since resigned effective from 30.10.23. In the paints category, Astral acquired a majority stake in Gem Paints Pvt Ltd, with further investments to consolidate its position. Brand Visibility Astral leverages brand endorsement through Bollywood icons and sports associations. It has partnered with celebrities like Ranveer Singh and Allu Arjun to enhance its market visibility, allocating 2-3% of its net sales for promotional endeavors. Subsidiaries and Growth The company oversees 9 subsidiaries as of FY23, with a footprint extending beyond Indian borders. As Astral Poly Technik Ltd continues to build on its strengths and explore new markets, it stands as a testament to the potential of Indian manufacturing and the importance of strategic growth. Source: Screener.in Disc: Invested for long time , adding in anticipation of breakout this time - Abki bar breakout ke liye tayar Longby Peaceful-Weekend-InvestingUpdated 8
ASTRAL Flag Pole BreakoutASTRAL Flag Pole Breakout T1 - 58% T2 - 213% Breakout strategy seen with moderate Volume Increase Longby blackewall0
Uptrend - 2 year breakoutBased on resistance and support levels, price breaking parallel range above 2 year resistance supporting rejection and retracement. further upward move is expected ( if price stays above 2164 ) to 14%-15% price apprx. 2500. *only checking buying position, no short selling !!Personal views only. please do your own research!!Longby Ethical_BearUpdated 3
breakout at all time high. C&H Breakout of Astral at all time level Good consolidation before breakout. Buy above 2150 SL 2120 Target 2400Longby Anil9916
BREAKOUT BUY TRADE ASTRALBreakout at all time high. All the buy levels with SL and Target are mentioned in Chart.Longby Anil994
Astral breaking out Astral breaking out of long term ascending triangle, moving in a channel. Short term targets 2575, 2900. SL 1900Longby ishaanb0
Breakout in Astral10-05 The candle made is a strong bullish candle which is attempted breakout. can buy with open targets #educational purpose onlyLongby travellingtradermumbai8
ASTRALShould buy now because of the breakout and we can expect an upside movementLongby Shaiv_MarketUpdated 7
My view on AstralAstral forming Head & Shoulder pattern Looking weak below 1940-45 Tgt looking 1900-1880-1850++ in very short term Keeping on radar Astral 1960 PEShortby M_K_PUSHKAR0
AstralAstral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years. Fundamentally good counter to go for long-term Technically - Wait for breakout from INVERSE HEAD and SHOULDER PATTERN , TARGETS and STOP LOSS MENTIONED in CHART Market Cap ₹ 38,882 Cr. Current Price ₹ 1,448 Stock P/E 100 Book Value ₹ 90.3 Dividend Yield 0.16 % ROCE 29.6 % ROE 22.6 % Face Value ₹ 1.00 Promoter holding 55.8 % EPS last year ₹ 18.1 EPS latest quarter ₹ 3.46 Debt ₹ 95.4 Cr. Pledged percentage 0.00 % Net CF ₹ 571 Cr. Price to Cash Flow 71.6 Free Cash Flow ₹ 198 Cr. Debt to equity 0.04 OPM last year 17.2 % OPM 5Year 17.2 % Reserves ₹ 2,406 Cr. Price to book value 16.0 Int Coverage 14.0 PEG Ratio 3.72 Longby madhu2811Updated 6636
ASTRAL MONTHLY BOX BREAKOUT🔍 Chart Analysis: ASTRAL - Monthly Time Frame 📈 🚀 Monthly Range Box Breakout! 📉 After 7 months of trading in a tight range, Astral has finally broken out on the monthly time frame! 📊 This breakout suggests a potential opportunity for an upside move and profitable gains. 📈 🔥 Trade Setup: CMP (Current Market Price): 2069 💹 SL (Stop Loss): 1890 🛑 Targets: 2355 🎯, 2652 🚀 🌈 What's a Range Box Breakout? Imagine a coiled spring 🔄 - that's what we've been seeing in Astral's chart for the past 7 months! Now, with this breakout, the potential for an explosive move to the upside is on the horizon. 🚨 Trade Strategy: 📈 Confirm the breakout on the monthly chart. ⚖️ Set your stop-loss strategically at 1890. 🎯 Targets locked at 2355 and 2652. 💡 Why is this noteworthy? 📊 Breakouts from tight ranges often lead to substantial moves. 🚀 Monthly time frame signals a potentially significant trend change. 📉 Opportunity to ride the upward momentum for profitable gains! 📈 Disclaimer: Trading involves risk. Always do your research and utilize risk management. Not a SEBI registered analyst. 👉 Your take? Excited about this breakout potential? Share your insights below! Let's engage and learn together! 🤝💬 #ChartAnalysis #StockMarket #TechnicalAnalysis #Astral #TradingOpportunity #BreakoutAlert 📊✨by satyam15Updated 4
ASTRAL 2HR chart formed Channel pattern 0r Wedge patternASTRAL 2HR chart formed Channel pattern 0r Wedge pattern Today 12.03.2024 Narrow CPR so many have high probability in high movement in stock in either direction due to price in top channel pattern, if price breaks the trend line movement will takes to New high in price Target 1 ---> 18% Target 2 ---> 50% Longby mani_sekaran4
Astral LtdTarget and SL mentioned in chart OLD CHART New Products and Expansion: Paint business gearing up for new products and Astral brand launch in a phased manner Bathware business showing quarter-on-quarter improvement with increasing sales Capacity expansion plans for Hyderabad and Kanpur plants with timelines and estimated CAPEX provided FUNDAMENTALS Market Cap ₹ 55,968 Cr. Current Price ₹ 2,084 52 Week High / Low ₹ 2,129 / 1,298 Stock P/E 99.2 Book Value ₹ 108 Dividend Yield 0.15 % ROCE 23.6 % ROE 17.9 % Face Value ₹ 1.00 Price to book value 19.3 Intrinsic Value ₹ 476 PEG Ratio 4.71 Price to Sales 10.1 Debt ₹ 97.8 Cr. Debt to equity 0.03 Int Coverage 31.8 Reserves ₹ 2,875 Cr. Promoter holding 54.1 % Pledged percentage 0.00 % EPS last year ₹ 17.0 Net CF ₹ -112 Cr. Price to Cash Flow 100 Free Cash Flow ₹ 247 Cr. OPM last year 15.7 % Return on assets 12.1 % Industry PE 31.6 Sales growth 9.51 % Longby madhu28115
ASTRAL BREAKOUT Box Breakout Done . Huge Accumulation Done. Good for Short term and Long term. Target 2400 , 3000 ... Do Follow , Like ,Comment for regular updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.by VpktradesUpdated 3
ASTRAL LTDThis stock breakout consolidation and ATH level breakout so further up move will come and this is just for Educational purpose onlyLongby Tradestratzy0
ASTRAL- FLAG & POLE ATH BreakoutASTRAL has given a flag & pole ATH Breakout in weekly time frame. Its looking good for a short term swing target of 2400.Longby kapsekunal5
AstralAstral, Strong Darvas BOX BO, Coming out of Good base for a pattern Target of 2325Longby jitendraoberoi2
Astral Limited Breakout - Swing Trading Buy Above - 2095 Stop-Loss Below -1860 Target - 2700 Risk to Reward - 1:2.5Longby Sumanbb4
Short AstralThe Market is heavy sell side but it will take a breath and follow the fall As per price action formation has been made in 1 week TF. Its a very big move. Always check the sentiments of the market as per technical analysis, if the pattern get its respect. Best of luck to all traders. You are responsible for your Profits and loss, Shared for Educational purposeShortby AIJAZ_AHMED176Updated 2