aditichawla

SHAKTIPUMP - Shakti Pumps India

NSE:SHAKTIPUMP   SHAKTI PUMPS INDIA
Shakti Pumps (India) Ltd specializes in the production of a diverse range of pumps and motors. Additionally, the company provides cutting-edge water pumping solutions tailored to meet the needs of various sectors, including agriculture, horticulture, residential water supply, and both commercial and industrial applications.

🔹 Technicals:

▸ Trend changed in April
▸ Confirmed uptrend
▸ 20 and 50 EMA has acted as a support
▸ Good chance that it goes into consolidation for some time before moving higher
▸ A demand zone is present at 580-620. This zone could provide a bounce if and whenever the price returns to it.
▸ 200 EMA is also coinciding with the demand zone, thereby creating a confluence zone.

🔸 Fundamentals:

March 2023
▸ Sales: 968 Cr
▸ Sales Growth: -18%
▸ Net Profit: 24 Cr
▸ Net Profit Growth: -18%

March 2022
▸ Sales: 1179 Cr
▸ Sales Growth: 27%
▸ Net Profit: 65 Cr
▸ Net Profit Growth: 24%

March 2021
▸ Sales: 930 Cr
▸ Sales Growth: 143%
▸ Net Profit: 76 Cr
▸ Net Profit Growth: 24%

Muted sales in 2023 and the OPM% has also shrunk.

Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.