Shankara seems to be laying a strong foundation.
Shankara Building Projects Ltd. CMP – 756.60
Market Capitalization Rs 1,834.7Cr
Red Flags:🟥
High Valuation (P.E. = 25.8)
Declining cash from operations annual
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Previous Happy Candles Number – 77/100
New Happy Candles Number – 86/100
X/2 Fresh Entry/ averaging / compounding after closing above 760
Final Entry 794
Targets: 809, 839 and 866
Long term target: 896 and 918
Stop loss: Closing below 671
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Market Capitalization Rs 1,834.7Cr
Red Flags:🟥
High Valuation (P.E. = 25.8)
Declining cash from operations annual
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Previous Happy Candles Number – 77/100
New Happy Candles Number – 86/100
X/2 Fresh Entry/ averaging / compounding after closing above 760
Final Entry 794
Targets: 809, 839 and 866
Long term target: 896 and 918
Stop loss: Closing below 671
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Happy Candles Investment