Amber Enterprises Ltd.
Inverted Hammer / Shooting Star: Daily Basis
Daily Vol. BreakOut. Weekly Strong Push Back
*Once Crosses 2904, Further Upside Possible!!!*
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
~23.6% share in Room AC market /Prominent solution provider for AC OEM/ODM Industry in India.
Increasing product offerings / Customer additions / Foray into Commercial AC space / Entry into exports will drive longterm growth.
Increasing Sales/Profitability on Qtrly/Yrly Basis.
RoA/RoE/RoCE: Moderate Levels. Increased Ops. Cash Flow / Better WC Cycle for FY22.
Low Equity / Increasing TNW / Promoter Stake constant.
RAC industry volumes expected to grow by 30%+ for FY23.
*Concern:*
Increased Leverage for FY22. Facing Supply Chain Constraint- Expected to normalise
Decline in FII/DII Stake
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
Inverted Hammer / Shooting Star: Daily Basis
Daily Vol. BreakOut. Weekly Strong Push Back
*Once Crosses 2904, Further Upside Possible!!!*
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
~23.6% share in Room AC market /Prominent solution provider for AC OEM/ODM Industry in India.
Increasing product offerings / Customer additions / Foray into Commercial AC space / Entry into exports will drive longterm growth.
Increasing Sales/Profitability on Qtrly/Yrly Basis.
RoA/RoE/RoCE: Moderate Levels. Increased Ops. Cash Flow / Better WC Cycle for FY22.
Low Equity / Increasing TNW / Promoter Stake constant.
RAC industry volumes expected to grow by 30%+ for FY23.
*Concern:*
Increased Leverage for FY22. Facing Supply Chain Constraint- Expected to normalise
Decline in FII/DII Stake
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)