Power Generation/Distribution Stocks Analysis PART 1 - 26-Aug-2024

 DPSC Ltd. @ 20.06

Sector: Power Generation/Distribution

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

52 Week High 28.05

52 Week Low 13.70

All Time High 48.60

All Time Low 0.75

Book Value Per Share 9.82

Dividend Yield: 0.25

Sector PE 24.62

Face Value 1

Beta 0.95

Mkt Cap (Rs. Cr.) 1,953

SUP: 9/4

RES: 28.1/49

As long as the above supports hold, we can see 25, 34-42, 52-61, 79-89.

Further 105/122/172

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/DPSCLTD/CntR7N9n-DPSC-Ltd-20-06/

Orient Green Power Company Ltd. 21.47

Sector: Power Generation/Distribution

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

52 Week High 34.45

52 Week Low 12.05

All Time High 47.25

All Time Low 1.20

Book Value Per Share 8.85

Dividend Yield: --

Sector PE 24.62

Face Value 10

Beta 1.14

Mkt Cap (Rs. Cr.) 2,518

As long as 5 hold support, we can see 29-34, 43-52, 66-75

Further 89-104, 147

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/GREENPOWER/PO915kiz-Orient-Green-Power-Company-Ltd-21-47/

Indowind Energy Ltd. @ 25.53

Sector: Power Generation/Distribution

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 50.76% in Jun 2024 qtr

FII/FPI have increased holdings from 0.00% to 0.24% in Jun 2024 qtr.

Institutional Investors have increased holdings from 0.00% to 0.24% in Jun 2024 qtr.

52 Week High 34.39

52 Week Low 12.35

All Time High 217.75

All Time Low 1.75

Book Value Per Share 22.16

Dividend Yield: --

Sector PE 24.62

Face Value 10

Beta 0.48

Mkt Cap (Rs. Cr.) 328

As long as 8 holds support, we will see 30 first.

Break of 39.21 will be a MULTIYEAR BREAKOUT and we will see 46-55, 69-83, 105-121.

Further extensions can be 144-167, 237.

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/INDOWIND/ZTjLmmgc-Indowind-Energy-Ltd-25-53/

Energy Development Company Ltd. @ 28.42

Sector: Power Generation/Distribution

Weak Stock

Investors should be very cautious while exercising investment decision for the stock

Promoters holding remains unchanged at 58.14% in Jun 2024 qtr

52 Week High 36.80

52 Week Low 15.90

All Time High 356.30

All Time Low 3.25

Book Value Per Share 21.30

Dividend Yield: --

Sector PE 24.62

Face Value 10

Beta 0.65

Mkt Cap (Rs. Cr.) 135

Supports: 13.55/3.35

Resistances: 37/43

If 13 holds support and a break of 42, we can see 52-61, 77-91, 116-130, 155-178, 250

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/ENERGYDEV/ULZaWsrp-Energy-Development-Company-Ltd-28-42/

SRM Energy Ltd. @ 20.87

Sector: Power Generation/Distribution

Promoters holding remains unchanged at 71.19% in Jun 2024 qtr

52 Week High 39.54

52 Week Low 4.59

All Time High 69

All Time Low 1.65

Book Value Per Share -50.86

Dividend Yield: --

Sector PE 24.62

Face Value 10

Beta 0.09

Mkt Cap (Rs. Cr.) 18

Supports: 9.12/2.33

Resistances: 39.55/49.35

Targets: 36, 50-60, 73-87, 110-125

147-170, 239

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/SRMENERGY/JLIfsshT-SRM-Energy-Ltd-20-87/

Jyoti Structures Ltd. @ 29.58

Sector: Infrastructure

FII/FPI have increased holdings from 0.32% to 0.62% in Jun 2024 qtr.

52 Week High 35.30

52 Week Low 10.05

All Time High 327.35

All Time Low 0.80

Book Value Per Share -0.03

Dividend Yield: --

Sector PE 32.39

Face Value 2

Beta 0.64

Mkt Cap (Rs. Cr.) 12,506

Supports: 4.90/0.77

Resistance: 34

As long as 4.9 holds support, we can see 34, 43-52, 67-77, 91-105, 150+

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

https://in.tradingview.com/chart/JYOTISTRUC/Mk8TIvUG-Jyoti-Structures-Ltd-29-58/