Wednesday, June 16, 2021

SYMPHONY | Outperformer | Stock Price Outlook

 


Symphony Ltd.

CMP  1110


➽  Symphony Ltd is engaged in the manufacture of air-coolers.The company has established itself as a world leader in evaporative air coolers.The product range of the company includes Evaporative Air Coolers-Desert Coolers,Room Coolers and Personal Coolers.Air Conditioners-Window Air Conditioners and Split Air Conditioners.Water Heaters-Sauna Heaters..The company also in the business activities of Home Appliances, Corporate Funds.


➽ Key Stat

Good quarterly growth in the recent results

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Increasing Revenue every quarter for the past 3 quarters

Increasing profits every quarter for the past 3 quarters

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

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding



Promoters holding remains unchanged at 73.25% in Mar 2021 qtr

Mutual Funds have decreased holdings from 10.55% to 10.19% in Mar 2021 qtr

Number of MF schemes decreased from 13 to 10 in Mar 2021 qtr

FII/FPI have increased holdings from 3.55% to 4.33% in Mar 2021 qtr.

Number of FII/FPI investors decreased from 90 to 86 in Mar 2021 qtr

Institutional Investors have increased holdings from 14.53% to 14.6% in Mar 2021 qtr.


MANGALAM | Potential Performer | Stock Analysis And Price Outlook


 Technical & Price Outlook


Mid Range Momentum - Stock is Mid Range compared to Short, Medium and Long Term Moving Averages

Bullish Harami (Bullish Reversal)

Afresh breakout seen today

Long for the potential level  of 1198 in short term and 1332 in mid term.


AUROPHARMA| Stock Price Outlook | New Stock Idea



Thanks for your Precious Time.


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