Tuesday, July 27, 2021

BALRAMCHIN | Stock Analysis & Price Outlook

  

investment , finvestonline.com

Balrampur Chini Mills Ltd

CMP 345


➽  Balrampur Chini Mills Ltd  is one of the largest integrated sugar manufacturer in India.Their business portfolio consist of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation & selling of power & also manufacturing & marketing of organic manure..The company also in the business activities of Sugar, Distillery, Co-generation.



➽ Key Stat

Growth in Net Profit with increasing Profit Margin (QoQ)

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Near 52 Week High

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


QUESS | Stock Analysis & Price Outlook


➽ Recent Shareholdings

Promoters holding remains unchanged at 41.21% in Jun 2021 qtr

Mutual Funds have increased holdings from 12.61% to 13.87% in Jun 2021 qtr.

Number of MF schemes increased from 14 to 18 in Jun 2021 qtr.

FII/FPI have decreased holdings from 21.57% to 20.79% in Jun 2021 qtr

Number of FII/FPI investors increased from 173 to 185 in Jun 2021 qtr.

Institutional Investors have increased holdings from 36.63% to 37.03% in Jun 2021 qtr.


OLECTRA | Stock Analysis & Price Outlook


 Technical & Price Levels

Strong Performer: Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation.

MOVING AVERAGES

Period  SMA      Indication
5         342.7              Bullish
10         344.43        Bullish
20         347.56        Bullish
50         334.34        Bullish
100    288.81        Bullish
200    226.93        Bullish

Bullish Momentum - Above Short, Medium and Long Term Moving Averages .Long position can be made for the levels of 382 - 404  in short to mid term.

                                   
 



Thanks for your Precious Time.


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