-

28.04.2019

AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:


FAZE THREE LTD (CMP Rs.50)
Target - 70 - 75, SL - 40 Time Frame 12 to 18 Months
 
Incorporated in 1985, Mumbai based Faze Three Limited manufactures and sells home furnishing products in India. It offers bathmats, doormats, blankets, rugs, cushions. throws, curtains, shower curtains, bedspreads and mate lasses, and carpets, as well as kid's line, and kitchen linen and kitchen products. The company also exports its products primarily to Europe and the United States. It has an equity base of just Rs.24.72 crore that is supported by huge reserve of around Rs.153.22 crore. The promoters hold 45.75%, FIIs hold 4.52% while the investing public holds 49.73% stake in the company. For Q3F19, FTL posted 72.03% higher PAT of Rs.4.49crore on 14.06% higher sales of Rs.68.95crore and an EPS of Rs.1.83. For 9MFY19, it posted 64.75% higher PAT of Rs.12.06crore on 13.78% higher sales of Rs.202.50crore and an EPS of Rs.4.91. Currently, the stock trades cheap at a P/E of 5.6x.

Comments

Post a Comment

Popular posts from this blog

AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: 18.10.2020

-
Image
  ADITYA BIRLA MONEY LTD CMP 43 ENTRY 40 TO 42 STOPLOSS 32 TARGET 65++ TIME: 12 MONTHS Aditya Birla Money Limited (ABML), a subsidiary of Aditya Birla Capital Limited is currently engaged in the business of securities broking and is registered as a stock broker with SEBI. It offers equity and derivatives trading through NSE and BSE and holds PMS license from SEBI and offers portfolio management services. ABML is also registered as a Depository Participant with National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL). It also holds SEBI license as a research analyst and an investment adviser. ABML also holds an ARN code issued by AMFI and is registered with CDSL as an e-Repository for holding insurance policies in electronic form. It has a pan India distribution network of over 41 branches spread across Andhra Pradesh, Chandigarh, Rajasthan, Chhattisgarh, Madhya Pradesh, UP, West Bengal, Punjab, Maharashtra, Kerala, Karnataka, Delhi, ...
Read more
-
Image
 28.07.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 18 DMI (Directional Movement Index) DMI (Directional Movement Index) developed by J.Welles Wilder in 1978 it compose of two lines, one known as DI+ and Second line known as DI- DMI indicator is very easy to understand, without going in the formula of the indicator we are focusing how to understand this indicator and how we make a best use of this indicator while planning a new trade 1) As discussed above it compose of two lines DI+ and DI-                   +DM is the Current High - Previous High.                    -DM is the Previous Low - Current Low. 2) DI+ indicate buying pressure and price is going upward side and difference between previous high and current high is positive, while DI- Indicate selling pres...
Read more
-
Image
07.04.2019 AAKASHAYA PATRA 7 STAR SMART EDUCATION SERIES PART – 3 : Today we are going to discuss about various types of Japanese Candlestick  Patten, The pattern are mainly classified in three types 1) Single Candlesticks Pattern 2) Double Candlesticks Pattern 3) Triple Candlesticks Pattern There are so many candlestick patten are available but we are going to discuss main few pattern those are also play an important role in price reversal • Doji • Hammer and Inverted Hammer • Hanging Man and Shooting star • Engulfing Bullish • Engulfing Bearish Dark Cloud Cover • Piercing Pattern • Harami (Bullish Harami, Bearish Harami) •Morning Star • Evening Star   Japanese Candlestick gives as information about four types of price Open Price, Close Price, High Price and Low Price of that trading season We also discussed that if closing price is higher then open price so its consider as a bullish candle and if closing price is lower then opening price so its...
Read more