#IEX -375

With near term base Cass 346.
Upside probability increase..

#Perception

#INDIAMART -7230

Stock price already attained 6.857% and corrected. Now again trying to move above 4.618%(7278)
If sustain above this than it may again cross recent ATH. And move higher towards each Fibonacci extension.

(Base case 6755)

#Probability

#USDINR -74

Today depreciation..

Effect of same on next day ?

What it did in past too.

#Manipulation

IEX - soaring ahead in terms of business potential. A great platform stock to own. Power trading is only to increase in India.

D: holding in personal portfolio.

#IEX Indian Energy Exchange Ltd.
Long Term Chart #PnF 3% x 3
CMP 409.10
Tgt-750
Sl- 348 on Daily Closing Basis

Ion Exchange (India) Limited - A Thread

1/ About the Company
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination.

2/ Operational Guide
The company operated under three business segments; Engineering segment, Chemicals segment & Consumer Products. Based in Mumbai, the company has seven manufacturing & assembly facilities across India, and one each in Bangladesh, UAE, Bahrain and Indonesia.

3A/ Financial Performance
In FY21:
The overall Sales fell by 2%
6% decline in chemicals
14% fall in consumer products
Engineering had a 0.2% growth
Even after fall in Sales Operating Profits grew by almost 50% YoY (Margin 13.96%)
Net Profit Margin of 9.89%

3B/ Financial Performance
The margins improved based on increased degree of utilization of the clinical setup & improved efficiencies from increased scale of operations
There was favorable movement in raw material prices
The long-term debt reduced from INR 18.8 Cr. to INR 8 Cr

#IEX Annual General Meeting

#IEX - IEX Rally Expected - TradingView -