Dr. Ranjeet Singh
Dr. Ranjeet Singh

@HorizonLtd2

9 Tweets 14 reads Jul 08, 2023
Thread on #Fundamental & #Chart analysis of #bharat #SEATS #LIMITED
#Fundamental of #bharat #SEATS
➡️Net Debt Free
➡️ROCE 17.6%; ROE 15.8%
➡️Stock P/E 18.9 while Industry PE 29.3
➡️Dividend Yield 1.08 %
➡️Debtor days improved from 46 to 33.5 days
➡️Market Cap 407 Cr
#Management #team of #bharat #SEATS
➡️Neat & Clean Promoters
#Financial of #bharat #SEATS
➡️Sales at ATH
➡️EPS & Net Profit at 2nd Highest Level
#Product range of #bharat #SEATS
➡️Four-Wheeler Seats
➡️Two-Wheeler Seats
➡️Railways Chair Car
➡️Carpets
#Product range of #bharat #SEATS
➡️Roof Molding & Windshield Molding
➡️Two-Wheeler Frame Parts
#technical analysis of #bharat #SEATS
➡️Downtrend since January 2018 getting negated with very wide & strong rounding bottom pattern
➡️Given breakout above 38.2% #Fibonacci for #Target T1 148 and T2 175
➡️Trading above all moving averages
#technical analysis of #bharat #SEATS
➡️#monthly #chart has very good rounding bottom pattern to indicate bottom formation sign
#indirect #technical #logic for #positive view on #bharat #SEATS
➡️Promoter #MarutiSuzuki is at ATH & has given historical breakout of 5.5 years. Sustaining above breakout level trigger targets T1 12735 and T2 17956
➡️Promoter Rohit Relan's #NDRauto is trading at ATH
My Tweets are for educational purpose only.
If you like my thread then do like, share and retweet it. So, that we can share these important points regarding #Fundamental & #Chart analysis of #bharat #SEATS #LIMITED with more #retail #Traders #investors🙏

Loading suggestions...