Thursday, November 26, 2020

DHANI | Stock to Buy | Price Outlook

 

Dhani Services Ltd

Stock/Share Price: 239


➽ In this article we will discuss recent development in the StockShare of DHANI in the Stock Market. DHANI (Indiabulls Ventures) carries on the business as stock broker on the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE); depository participants and renders other related ancillary services.


Recent Key Strengths

Company reducing Debt

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

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



Recent Weaknesses

Declining Revenue every quarter for the past 3 quarters

Promoter decreasing their shareholding

Major fall in TTM Net Profit

Fall in Quarterly Revenue and Net Profit (YoY)



Technical Chart 


DHANI stock is making higher high and higher low and currently trading in a strong uptrend.
Stock in recent trading sessions shows strong upside price momentum with good buying volume.
So , long position in the stock can be made  for the potential upside target of 268 - 284 in short term.


Recent Valuation Summary

A nearly 14000 cr market company trading at the book value of 100 and giving dividend yield of 1.36 % .


Recent Financial Summary


Net profit is improving for the 3 previous quarter.




Thanks for your Precious Time.


Finvest Online
Telegram  :  t.me/finvestonline






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.


No comments:

Post a Comment