Friday, October 2, 2020

These 2 Stocks can be Outperformer in 2021


   In this article we will discuss 2 stocks that can outperform in 2021 and in the remaining months of this year too. These stocks are technically and fundamentally showing indications that it can outperform the market in upcoming time.

➽1) Thirumalai Chemical

➽ Stock/Share Price: 78


➽ Recent Key Strengths

Company with Low Debt

Company able to generate Net Cash 

Improving Net Cash Flow for last 2 years

Company with Zero Promoter Pledge

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


➽ Recent Weaknesses

Decline in Net Profit with falling Profit Margin (QoQ)

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

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


➽ Technical Chart 

thirumalai chemical share price , finvestonline.com

Thirumalai Chemical was in long term downtrend since 2 years and made a low of 32 and after consolidation  the stock again started rising and currently trading in uptrend above its recent averages lines.


So , long position can be made in Thirumalai Chemical for a target of  118 in short term , 180 in mid term and 240 in long term.


2) Bhansali Engineering Polymers ( BEPL )

Stock/Share Price: 78


➽ In this article we will discuss recent development in the StockShare of BEPL in the Stock Market. BEPL  a 1000 cr. market cap company currently trading at P/E ratio of 23.92 which is near about industrial P/E of 23.35 . BEPL is a Debt free company having excellent future prospects. 

BEPL  Reserves and surplus is increasing for the past 3 years showing good signal of performance .

We have recommend BEPL at the level of 62 on 23 September 2020 , and currently stock appreciated 30 % and trading at 78.

 BEPL on Technical Charts 

bepl share price, www.finvestonline.com

BEPL made a all time high of 225 in the year 2018. 

BEPL was in long term price correction and made a low of 23 in the March 2020. Now from the low of 23, BEPL stock generated 300% return to the investor and made a recent high of 82.

As the long trend of the stock is very strong , so it is expected that after consolidating in this sideways zone the stock can show further price momentum in upside.

In the Short term BEPL stock can go to the level of 90 and in the mid term stock can touch to a level of 124 in upside. In the long run stock can touch to a level of 240 to 300 in upside. So make long position in BEPL stock for a longer time view and accumulate stock at lower levels for long term.


Reserves & Surplus


Reserves and surplus is continuously increasing for the 3 previous year showing a good performance.



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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