Financial Performance Revenue Growth: For FY 2023-24, L&T reported a revenue of ₹1,85,000 crore, marking a 15% year-over-year increase. Profitability: The company achieved an EBITDA of ₹25,000 crore (+18% YoY) and a net profit of ₹12,500 crore (+20% YoY), with an operating margin of 13.5%. Return on Equity (RoE): L&T's RoE stands at 16.8%, indicating efficient...
Decline in profits plus a formation of Bearish pennant and Bearish Flag in short term. A quick 30-60 points to make on the chart. Recent Financial Performance: Profit Miss and Asset Quality Concerns: In the third quarter ending December 31, 2024, Axis Bank reported a 4% year-over-year increase in standalone net profit to ₹63.04 billion, which fell short of...
Asian Paints is a prominent player in the Indian paint industry, known for its strong market presence and consistent financial performance. As of January 24, 2025, the stock is trading at ₹2,261.80, which is approximately 33% below its 52-week high of ₹3,394.00 reached on September 16, 2024. Over the past three years, the stock has underperformed, declining by...
A double bottom pattern is a bullish reversal chart pattern that signals a potential shift from a downtrend to an uptrend. It forms when a stock's price hits a support level twice, creating a "W" shape, and suggests that the stock may rally after breaking the resistance level. Hi-Tech Pipes has demonstrated notable financial performance and strategic initiatives...
Rama Steel Tubes Limited has demonstrated notable developments recently: Sales Growth: In Q2 FY25, the company reported a sales volume of 50,921.67 tons, marking a 42.32% year-over-year increase and a 36.28% rise from the previous quarter. Green Energy Initiatives: Rama Steel Tubes has entered the renewable energy sector by partnering with Onix Renewable Ltd. to...
It is in the Verge to Complete the Inverted Head & Shoulder. 😍😍 Gear Up For a move above 800 Adani Total Gas Ltd (ATGL) has demonstrated strong financial performance and strategic growth initiatives in recent periods. In the fiscal year 2024, the company reported a 15% increase in overall volume and a 20% year-on-year growth in the fourth quarter. This growth was...
Adani Enterprises Limited (AEL) has demonstrated notable financial performance recently. In the quarter ending September 30, 2024, the company reported a consolidated net profit of ₹1,742 crore, marking a substantial increase from ₹228 crore in the same period the previous year. This growth is attributed to strong earnings from its airports and new energy units,...
The intrinsic value of one BAJAJFINSV stock under the base case scenario is 2 478.35 INR. Compared to the current market price of 1 693.8 INR, Bajaj Finserv Ltd is undervalued by 32%. Bajaj Finserv Ltd., a prominent player in the Indian financial services landscape, stands as a testament to the dynamic evolution within the sector. Emerging from the venerable...
Larsen & Toubro Limited (L&T) is a prominent Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services. As of January 10, 2025, its stock price on the National Stock Exchange of India (NSE: LT) was ₹3,536.15, with a 52-week range between ₹3,175.05 and ₹3,963.50. In recent trading sessions, L&T's stock has...
The company caters to Military Equipments and Its a long Term hold so we should look to buy into this. Overall the company has a long journey to fill can it be a next BDL
The intrinsic value of one ADANIGREEN stock under the base case scenario is 1 560.4 INR. Compared to the current market price of 1 034.15 INR, Adani Green Energy Ltd is undervalued by 34%. Adani Green Energy Ltd holds several competitive advantages that differentiate it from its rivals in the renewable energy sector: Scale and Capacity: As one of the largest...
In its Q2 results for FY2024-25, SBI reported: A consolidated net profit of ₹19,782 crore, marking a 23% increase from the same period the previous year. Total income rose to ₹1.29 lakh crore from ₹1.12 lakh crore year-on-year. Gross non-performing assets (NPA) ratio improved to 2.13% from 2.21% in the previous quarter.
The intrinsic value of one BAJAJFINSV stock under the base case scenario is 2 525.58 INR. Compared to the current market price of 1 699.55 INR, Bajaj Finserv Ltd is undervalued by 33%. According to Wall Street analysts, the average 1-year price target for BAJAJFINSV is 1 851.87 INR with a low forecast of 1 363.5 INR and a high forecast of 2 152.5 INR.
Analyst consensus provides a median price target of ₹325.50, representing a potential upside of about 16.52% from the current price. TRENDLYNE In terms of valuation metrics, the company has a Price-to-Earnings (P/E) ratio of 33.81, a Price-to-Sales (P/S) ratio of 6.51, and a Price-to-Book (P/B) ratio of 4.95. ECONOMIC TIMES Given these factors, while RITES...
It is completing its right shoulder I feel its a buy
Fundamentally the stock is strong and technically it is just starting to complete the W.