#IEX-700

New Story above 6.857%(718.75)

Projection ploted on chart. in that case base case 521 For near term.

#Probability

#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

#Zomato -136.80

3 hour chart. Objective is to move higher towards each Fibonacci retracement level and must not violate 130 on Intraday basis and on daily and weekly chart 122.
Upside probability 1478- 154-163 further upside sustain rise above 1.618%.

#Perception

#BAJFINANCE -

Fibonacci retracement level shown in chart.
Best opportunity (0.382%-0.50%- 0.618%) correction if any.

#Perspective

#HDFCBANK -1346

Weekly chart. If not restore above 1421. Than slide towards circle mark possible.

#Probability

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 - 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 setting up like a monster. Buy abve 379

#stocks #StockMarket #Nifty #investing

10Y Profit from Operations for #IEX

D: Invested

Cash Flow From Operations for the same 10Y Period (rising non linearly)