Tuesday, September 22, 2020

KAJARIACER, CMP : 499 | Upcoming Star | Share/Stock Price Outlook

 


KAJARIA CERAMIC Limited 

Stock/Share Price: 499


➽ In this article we will discuss recent development in the StockShare of KAJARIACER in the Stock Market. Ceramic industries can have good earning potential in the future and Kajaria Ceramic is a leading player in this industries having good track record and regular profit delivering company in the recent past.

Recent Key Strengths

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Strong Momentum: Price above short, medium and long term moving averages

Hammer (Bullish Reversal)

MFs increased their shareholding last quarter


Recent Weaknesses

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Declining profits every quarter for the past 3 quarters

Declining Revenue every quarter for the past 2 quarters

Fall in Quarterly Revenue and Net Profit (YoY)


Technical Chart 

KAJARIACER SHARE STOCK PRICE , www.finvestonline.com

Kajaria Ceramic stock after a sharp fall from the level of 596 made a low of 295 in the March 2020 due to global pandemic sentimental effect.

Now after consolidation stock started rising in a strong momentum uptrend and currently trading at 499 and continuously making higher high and higher low on charts.

Long position can be initiated in the stock at current price level for a level of 632 in short term, 927 in mid term and 1475 in long term.


Recent Valuation Summary

KAJARIACER SHARE STOCK PRICE , www.finvestonline.com


Recent Annual Results

KAJARIACER SHARE STOCK PRICE , www.finvestonline.com


Key Balance Sheet Summary

KAJARIACER SHARE STOCK PRICE , www.finvestonline.com



Thanks for your Precious Time.


Finvest Online
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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.

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