SHAKTIPUMP - Shakti Pumps India
Shakti Pumps (India) Ltd specializes in the production of a diverse range of pumps and motors. Additionally, the company provides cutting-edge water pumping solutions tailored to meet the needs of various sectors, including agriculture, horticulture, residential water supply, and both commercial and industrial applications.
🔹 Technicals:
▸ Trend changed in April
▸ Confirmed uptrend
▸ 20 and 50 EMA has acted as a support
▸ Good chance that it goes into consolidation for some time before moving higher
▸ A demand zone is present at 580-620. This zone could provide a bounce if and whenever the price returns to it.
▸ 200 EMA is also coinciding with the demand zone, thereby creating a confluence zone.
🔸 Fundamentals:
March 2023
▸ Sales: 968 Cr
▸ Sales Growth: -18%
▸ Net Profit: 24 Cr
▸ Net Profit Growth: -18%
March 2022
▸ Sales: 1179 Cr
▸ Sales Growth: 27%
▸ Net Profit: 65 Cr
▸ Net Profit Growth: 24%
March 2021
▸ Sales: 930 Cr
▸ Sales Growth: 143%
▸ Net Profit: 76 Cr
▸ Net Profit Growth: 24%
Muted sales in 2023 and the OPM% has also shrunk.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
🔹 Technicals:
▸ Trend changed in April
▸ Confirmed uptrend
▸ 20 and 50 EMA has acted as a support
▸ Good chance that it goes into consolidation for some time before moving higher
▸ A demand zone is present at 580-620. This zone could provide a bounce if and whenever the price returns to it.
▸ 200 EMA is also coinciding with the demand zone, thereby creating a confluence zone.
🔸 Fundamentals:
March 2023
▸ Sales: 968 Cr
▸ Sales Growth: -18%
▸ Net Profit: 24 Cr
▸ Net Profit Growth: -18%
March 2022
▸ Sales: 1179 Cr
▸ Sales Growth: 27%
▸ Net Profit: 65 Cr
▸ Net Profit Growth: 24%
March 2021
▸ Sales: 930 Cr
▸ Sales Growth: 143%
▸ Net Profit: 76 Cr
▸ Net Profit Growth: 24%
Muted sales in 2023 and the OPM% has also shrunk.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.