IdeasNeosagi

Apar Industries Ltd.

Long
NSE:APARINDS   APAR INDUSTRY LTD
C&H Pattern: Monthly Basis
Price / Vol. Consolidation/BreakOut & Builtup

*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*

*Fundamentally Strong Co*
Engaged in manufacturing of TSO / Transmission & Distribution Overhead
Conductors: Total installed capacity: 5,42,000 KL & 1,80,000 MT.
Presence in more than 100 countries. Amongst top 3 producers of Conductors / Specialty Oils in world.

Increasing Sales/Profitability on Qtrly / Yrly Basis.
RoA/RoE/RoCE: Improved in FY22
Strong TNW / Low Equity / Increasing Cash Reserve / Moderate Leverage.
Continued +ve Ops. Cash Flow /Improved WC Cycle.
Holding Up: Promoter/DIIs.

*Concern:*
WC intensive. Higher Volatility of RM.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)

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