SKIPPER LTD
Long

Skipper - Breakout on all time frames

This is the Monthly chart of Skipper - a fundamentally well-performing company.
It was trading in the 50-100 balance for 18 months and has now made a breakout above the balance with higher volume in the monthly as well as the weekly and daily time frames.
It's All-Time High is 292 made in November 2017.
It has a small equity base of Rs 10.3 cr. EPS as on 31st March 22 was 2.79 and TTM EPS is 3.73.
Promoter holding is 72%, FII -9.88% say 10%, and Public - 18%.
Its Debt to Equity ratio is 0.80. The book value is Rs 72.
It is engaged in heavy engineering activity and is said to be India's largest integrated T&D company.

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