TraderRahulPal

Tata Elxsi has told bye bye to accumulation zone | It will fly!!

Giá lên
NSE:TATAELXSI   TATA ELXSI
Hello Traders & Investors,

First of all Thankyou all of you guy's, now we are a family of 4k+ Traders & Investors. Thankyou for supporting and motivating me in the form of liking and following me.

Now i have brought another stock name of Tata elxsi. It also has given breakout and after breakout it has retested the levels and now it is ready to fly in blue sky..
Now a day's all Tata Group stocks in limelight due to New IPO coming from TATA Group after 17 years, that is why some of the Tata group stocks are making new highs and giving breakouts. In Tata Elxsi we have seen there was a consolidation period for almost a year, and now it has given breakout, so there is higher chances, we can see this stock towards another previous swing highs, and this can convert in higher highs and higher lows formation. Technically and Fundamentally this is one of the gem stock, this has really futuristic business model with good and reputed management.
Price is above 200-EMA, MACD also has given bullish crossover, i did not plot 21 and 50 EMA, but 21 EMA has given crossover of 50-EMA, these all are indicating a bullish momentum towards previous highs and definitely sooner or later, we will see this towards new highs.

About company:-
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide.

Market Cap
₹ 51,731 Cr.
Current Price
₹ 8,307
High / Low
₹ 8,576 / 5,708
Stock P/E
65.9
Book Value
₹ 337
Dividend Yield
0.73 %
ROCE
47.7 %
ROE
41.1 %
Face Value
₹ 10.0
Debt
₹ 237 Cr.
EPS
₹ 126
PEG Ratio
2.56
Promoter holding
43.9 %
Intrinsic Value
₹ 2,315
Pledged percentage
0.00 %
EVEBITDA
45.8
Change in Prom Hold
0.00 %
Profit Var 5Yrs
25.7 %
Sales growth 5Years
17.8 %
Return over 5years
53.2 %

PROS:-


Company has delivered good profit growth of 25.7% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 36.8%
Company has been maintaining a healthy dividend payout of 59.8%


Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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