Friday, January 22, 2021

SAFARI | Stock Price Outlook

 

Safari Industries (India) Ltd.

Stock/Share Price: 566


➽ In this article we will discuss recent development in the StockShare of SAFARI in the Stock MarketStock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation



Key  Summary

Promoters have decreased holdings from 56.67% to 56.63% in Dec 2020 qtr

Mutual Funds holding remains unchanged at 0.01% in Dec 2020 qtr

Number of MF schemes remains unchanged at 1 in Dec 2020 qtr

FII/FPI have increased holdings from 15.4% to 15.59% in Dec 2020 qtr.

Number of FII/FPI investors increased from 16 to 18 in Dec 2020 qtr.

Institutional Investors have decreased holdings from 23.94% to 23.87% in Dec 2020 qtr




Technical Chart & Price Outlook


Long position can be made for the potential level of  614 / 628 in short term and 728 in mid term .




Recent Valuation Summary

Rising Net Cash Flow and Cash from Operating activity

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding




Recent Financial Summary

Both Sales and Net Profit increasing continuously YoY .



Thanks for your Precious Time.


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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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