Stock Analysis 20-Aug-2024

Greaves Cotton Ltd. @ 174.37

Sector: Engineering - Industrial Equipments @ 173.90

Weak Stock

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

Promoters have decreased holdings from 56.00% to 55.88% in Jun 2024 qtr

Mutual Funds have increased holdings from 0.46% to 0.47% in Jun 2024 qtr.

52 Week High 181.40

52 Week Low 112.05

All Time High 258.90

All Time Low 0.80

Book Value Per Share 61.95

Dividend Yield: 1.15

Sector PE 53.26

Face Value 2

Beta 1.14

Mkt Cap (Rs. Cr.) 4,047

RESISTANCE: 259

SUPPORTS: 8112/66

UPSIDE CAN BE: 

Ultimate Targets: 231, 280, 304-350, 423-455, 617-645

https://in.tradingview.com/chart/GREAVESCOT/gePOHLAC-Greaves-Cotton-Ltd-174-37/

Apollo Hospitals Enterprises Ltd. @ 6688

Sector: Hospital & Healthcare Services

Strong Performer

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

Promoters pledge remained unchanged at 16.09% of holdings in Jun 2024 qtr.

52 Week High 6874.45

52 Week Low 4726

All Time High 6874.45

All Time Low 27

Book Value Per Share 482.35

Dividend Yield: 0.24

Sector PE 84.14

Face Value 5

Beta 0.56

Mkt Cap (Rs. Cr.) 96,191

RESISTANCE: 6875

SUPPORTS: 6617/6421/5689

UPSIDE CAN BE: 6839, 7205, 7707, 8150, 8377, 8738

https://in.tradingview.com/chart/APOLLOHOSP/vG7ueNin-Apollo-Hospitals-Enterprises-Ltd-6688/

Welcure Drugs and Pharmaceuticals Ltd. @ 7.33

Sector: Pharmaceuticals & Drugs

52 Week High 7.33

52 Week Low 3.20

All Time High 25

All Time Low 0.36

Book Value Per Share 1.05

Dividend Yield: --

Sector PE 47.12

Face Value 10

Beta 0.69

Mkt Cap (Rs. Cr.) 9

Resistances: 12.1

Supports: 3/0.34

Upside can be 10.3, 14-18, 22-26, 34-38, 45-53, 75

https://in.tradingview.com/chart/TATIAGLOB/82P0b8ya-Welcure-Drugs-and-Pharmaceuticals-Ltd-7-33/

Tatia Global Vennture Ltd. @ 3.55

Sector: Textiles

Promoters holding remains unchanged at 41.23% in Jun 2024 qtr

52 Week High 7.65

52 Week Low 2.17

All Time High 32.70

All Time Low 0.10

Book Value Per Share 1.75

Dividend Yield: --

Sector PE 44.83

Face Value 1

Beta 0.29

Mkt Cap (Rs. Cr.) 53

Resistances: 7.70

Supports: 0.85/0.16

Above 7.7, we can see 10-12, 16-18, 21, 25, 34.

https://in.tradingview.com/chart/TATIAGLOB/8gMpOtk9-Tatia-Global-Vennture-Ltd-3-55/

Indiabulls Enterprises Ltd. @ 11.63

Sector: Miscellaneous

Weak Stock 

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

Promoters holding remains unchanged at 60.97% in Jun 2024 qtr

52 Week High 15.20

52 Week Low 9.25

All Time High 27.05

All Time Low 7.45

Book Value Per Share 29.03

Dividend Yield: --

Sector PE 33.30

Face Value 2

Beta 1.01

Mkt Cap (Rs. Cr.) 230

Resistances: 15.21/28

Supports: 9.7/7.3

As long as 7 holds supports, we can see 17-19, 22-25, 30-33, 27, 42, 55.

https://in.tradingview.com/chart/IEL/2IjNUM5T-Indiabulls-Enterprises-Ltd-11-63/