Stock Analysis 23-Aug-2024

 Advani Hotels and Resorts (India) Ltd. @ 75.81

Sector: Hotel, Resort & Restaurants

Strong Performer

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

Promoters holding remains unchanged at 50.25% in Jun 2024 qtr

52 Week High 91.65

52 Week Low 41.53

All Time High 91.65

All Time Low 0.49

Book Value Per Share 7.78

Dividend Yield: 3.69

Sector PE 74.45

Face Value 2

Beta 0.54

Mkt Cap (Rs. Cr.) 700

Supports: 55/30/12

Res: 92

As long as 30 holds support, we can see 99-116, 141-157, 184-210, 289+

https://in.tradingview.com/chart/ADVANIHOTR/7jEJYdSF-Advani-Hotels-and-Resorts-India-Ltd-75-77/

Sutlej Textiles and Industries Ltd. @ 75.65

Sector: Textiles & Apparel

Momentum Trap

Strong price momentum & technical indicators may tempt investors to buy this stock. Be selective, not all stocks with strong momentum have strong financials & balance sheet.

Promoters holding remains unchanged at 63.96% in Jun 2024 qtr

52 Week High 77.29

52 Week Low 44.50

All Time High 120

All Time Low 1.81

Book Value Per Share 58.67

Dividend Yield: --

Sector PE 49.83

Face Value 1

Beta 1.37

Mkt Cap (Rs. Cr.) 1,243

Supports: 60/37/15

Res: 121

As long as 37 holds support, we can see 79-88, 101-116, 137-151, 172, 260

Ultimate targets: 93, 127-148, 183-217, 272-306, 360-416, 585

https://in.tradingview.com/chart/SUTLEJTEX/7X9CKgpS-Sutlej-Textiles-and-Industries-Ltd-75-70/

Gateway Distriparks Ltd. @ 101.92

Sector: Ground Freight & Logistics Services

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 32.32% in Jun 2024 qtr

52 Week High 121.55

52 Week Low 80.80

All Time High 445.94

All Time Low 40.85

Book Value Per Share 37.78

Dividend Yield: 1.98

Sector PE 48.72

Face Value 10

Beta 0.97

Mkt Cap (Rs. Cr.) 5,058

Broken multiyear resistance 110.

Above 122, we can see 128-144, 171-198, 240-270 further 312-355, 485+

https://in.tradingview.com/chart/GATEWAY/CAGqOyMd-Gateway-Distriparks-Ltd-101-78/

Munjal Auto Industries Ltd. @ 107.32

Sector: Auto Ancillaries - Others

Strong Performer

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

Promoters holding remains unchanged at 74.81% in Jun 2024 qtr

52 Week High 117.45

52 Week Low 50.50

All Time High 117.45

All Time Low 2.43

Book Value Per Share 40.12

Dividend Yield: 1.86

Sector PE 51.96

Face Value 2

Beta 1.26

Mkt Cap (Rs. Cr.) 1,073

Supports: 69, 34, 18

Upside can be 90-103 (done), 125-144, 178-199, 232-266, 368

https://in.tradingview.com/chart/MUNJALAU/YjXCqYTd-Munjal-Auto-Industries-Ltd-107-32/

GTPL Hathway Ltd. @ 167.71

Sector: Cable & D2H

Mid-range performer

Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

Promoters holding remains unchanged at 75.00% in Jun 2024 qtr

52 Week High 217.80

52 Week Low 148.20

All Time High 313.90

All Time Low 32.35

Book Value Per Share 103.13

Dividend Yield: -

Sector PE 36.14

Face Value 10

Beta 0.93

Mkt Cap (Rs. Cr.) 1,886

Supports: 93/32

Upside can be: 267,  375-442, 549-655, 830-934, 1107-1287, 1810

https://in.tradingview.com/chart/GTPL/udbXVrql-GTPL-Hathway-Ltd-167-71/

Global Education Ltd. @ 184.72

Sector: IT - Education

Mid-range performer

Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

Promoters holding remains unchanged at 70.94% in Jun 2024 qtr

52 Week High 217.80

52 Week Low 148.20

All Time High 313.90

All Time Low 32.35

Book Value Per Share 103.13

Dividend Yield: -

Sector PE 36.14

Face Value 10

Beta 0.93

Mkt Cap (Rs. Cr.) 1,886

Supports: 160/136/89/45/16

Upside can be: 216, 301, 387-438, 524-610, 747-831, 967-1107, 1521.

https://in.tradingview.com/chart/GLOBAL/F59yXuxS-Global-Education-Ltd-184-72/