IRCTC ,, Catch the train on Time
Target :800
Positive Breakout Third Resistance ( LTP > R3)
High Volume, High Gain
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 23.75% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 31.52%
Company has been maintaining a healthy dividend payout of 28.24%
Debtor days have improved from 162.78 to 111.21 days.
NetProfit 29.1%
OperatingProfit 31.9%
F&O data suggests Long Buildup today
50.20% away from 52 week high
38.50% away from 52 week low
High Piotroski Score - Companies with strong financials
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with No Debt
Increasing Revenue every quarter for the past 3 quarters
Increasing profits every quarter for the past 3 quarters
Company with Zero Promoter Pledge
Positive Breakout Third Resistance ( LTP > R3)
High Volume, High Gain
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 23.75% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 31.52%
Company has been maintaining a healthy dividend payout of 28.24%
Debtor days have improved from 162.78 to 111.21 days.
NetProfit 29.1%
OperatingProfit 31.9%
F&O data suggests Long Buildup today
50.20% away from 52 week high
38.50% away from 52 week low
High Piotroski Score - Companies with strong financials
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with No Debt
Increasing Revenue every quarter for the past 3 quarters
Increasing profits every quarter for the past 3 quarters
Company with Zero Promoter Pledge
Comment:
6% up move captured perfectly .. Hope you guys liked it.