Company has strong order book of 2000 cr which is 4x its FY20 revenue gives visibility of next 2 -3 years. The company has started
Vascon Engineers; Price objective INR 30
Buy in 2 tranches between INR 14.5-12
Strong Execution record:
The company has strong clientale and has more than 30 plus years of experience across commercial, residential and own real estate development which include big names
Company has strong order book of 2000 cr which is 4x its FY20 revenue gives visibility of next 2 -3 years. The company has started
The company is confident of reducing its current NET debt of INR 187crores substantially from revenues of existing projects only, Montization of non core assets and sale of Windermere.
The company has taken various cost measures during COVID and
The company has good real estate pipe line of more than 100 cr plus for next 12 -18 months.
75 pc of order book is largely from Government based projects where cash flow issues are
Company has witnessed good traction in real estate biz post Maharashtra Government announced stamp duty reduction from 5 pc to 2 pc.
Company is confidence of achieving FY20 numbers in FY21 as execution is now at normalcy with sufficient labor availability against
Most of EPC projects are working in normal fashion now. The company sees maximum impact of 200 cr of slowdown in execution in order book.
The company would sell its non core assets like Mumbai building,
Mid size segment is doing better than affordable and luxury segment. There has been price cuts on luxury segments ( Windermere) by the company but it would help buyer
The revenue from MMRCL, Goa and Police housing to start contributing from Q4 FY21 onwards.
Margins are expected to normalcy in Q3.
The company has inventory of 130 crores in Windermere ( Bungalow require some construction ) and
More from Trading
DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
•Volume always greater than
•Candle Rejecting from
•Pivot settings
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
@MiteshFan @Mitesh_Engr @Abhishekkar_ MY TRADING SETUP .... I've been using it for a long time .. result good try it \U0001f607 pic.twitter.com/XThUD0ftbl
— itrade(DJ) (@ITRADE191) June 13, 2020
•Volume always greater than
Volume Should always be above 20 pic.twitter.com/CPgxLgpPKF
— itrade(DJ) (@ITRADE191) June 13, 2020
•Candle Rejecting from
— itrade(DJ) (@ITRADE191) August 25, 2020
•Pivot settings
— itrade(DJ) (@ITRADE191) October 20, 2020
A thread on getting intraday (any timeframe) data to excel without any coding. Limited to only last 60 days. Fetches from zerodha chart.
👇
1. Open the chart on zerodha web in chrome. Right click and select 'Inspect'. Click 'Network' as shown in this pic.
2. Right click on the last entry on the table you see and click 'copy as cURL (bash)'
3. Go to website https://t.co/f8rhwoGLUc and paste on the left box and click 'Run'
4. The output below candles written on right of box is the ohlc, volume and oi data. Copy and paste to excel.
👇
1. Open the chart on zerodha web in chrome. Right click and select 'Inspect'. Click 'Network' as shown in this pic.
2. Right click on the last entry on the table you see and click 'copy as cURL (bash)'
3. Go to website https://t.co/f8rhwoGLUc and paste on the left box and click 'Run'
4. The output below candles written on right of box is the ohlc, volume and oi data. Copy and paste to excel.