IKIO Lighting Ltd

3 thg 8, 2024

Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of LED lighting solutions.

Fundamentals:-
Market Cap ₹ 2,488 Cr
Dividend Yield 0.31 %
Its a Small-Cap dividend giving stock.

Stock PE 41
Industry PE 58.6
Stock PE is less than industry PE, shows a space for rise.

Book Value ₹ 71.5
Graham Number ₹ 112
Intrinsic Value ₹ 167
Current Price ₹ 322
Stock Current Price is above all three.

ROCE 21.7 %
ROE 17.5 %
Good ROCE & ROE

Promoter holding 72.5 %
Pledged promoter 0 %
Promoter holding is good and No pledged.

Debt ₹ 70.3 Cr.
Reserves ₹ 476 Cr.
Debt is less as compare to its reserve.


Technicals:-
Resistance are marked with Red horizontal lines.
Entry (Support) and Stoploss as marked on the Chart.
RSI taking trendline support marked as white line.


Levels are:-
Entry Near 310 -280
Stoploss 240
Tgt 340 - 390 - 475


This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.