Astral share price

Name of the Stock - Astral (Weekly) Name of the Pattern - G2 Bearish ALT Shark Harmonic Pattern PRZ1 - 2061.20 PRZ2 - 2051.10 PRZ3- 2067.95 Stoploss - 2051.90 Name of the Stock - Astral (Weekly) Name of the Pattern - G2 Bearish ALT Shark Harmonic Pattern PRZ1 - 2061.20 PRZ2 - 2051.10 PRZ3- 2067.95 Stoploss - 2051.90 ASTRAL monthly and weekly strong resistaince breakout in upward channel. Weeklky closing is bullish .If will reach the short term target of 2107 and if it sustains above 2107 in weekly it will reach the long term target of 2352 ASTRAL monthly and weekly strong resistaince breakout in upward channel. Weeklky closing is bullish .If will reach the short term target of 2107 and if it sustains above 2107 in weekly it will reach the long term target of 2352 ASTRAL Looking good for downside.. When it break level 1771 and sustain.. it will go downside... Target 1st 1761 2nd 1749 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome ASTRAL Looking good for downside.. When it break level 1771 and sustain.. it will go downside... Target 1st 1761 2nd 1749 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome ASTRAL Looking good for upside.. When it break level 1719 and sustain.. it will go upside... Target 1st 1727 2nd 1738 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome.. ASTRAL Looking good for upside.. When it break level 1719 and sustain.. it will go upside... Target 1...

We wouldn't blame Astral Limited ( Astral Insider Transactions Over The Last Year In fact, the recent sale by Bharatbhai Patel was the biggest sale of Astral shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was below the current price of ₹1,988, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 20% of Bharatbhai Patel's holding. Insiders in Astral didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction! NSEI:ASTRAL Insider Trading Volume June 11th 2023 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free Insider Ownership I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Astral insiders own about ₹210b worth of shares (which is 39% of the company). Most shareholders would be happy to see this sort of insider ownership, sin...

Devyani International:Mirroring its sister franchisee, Devyani reported an operationally weak Q4FY23 performance on moderating SSSG. Revenue growth of 28% YoY was led by 33% store addition. SSSG was weak for both KFC/PH at +2/-3% (Sapphire: +2/-4%) due to a tough demand environment. Negative oplev due to weak SSSG led to margin pressure across the business. Devyani's KFC/PH ROM fell 220/490bps QoQ to 17.5/9.3% (Sapphire 110/530bps to 19/8.6% JUBI 230bps to c.18%). Management has maintained its medium-term guidance of mid-single-digit SSSG growth and 300 stores addition. In the near term, we expect decelerating trend to continue with sustained pressure on operating margin. We maintain our EPS estimates and value Devyani at 50x P/E on Jun'25 EPS to arrive at a TP of INR 115. Maintain REDUCE. LIC Housing Finance: LICHF reported a mixed set of results with sharp reflation in margins driving a beat on our earnings estimates, partly offset by muted disbursals in individual home loans and a rise in early delinquencies. NIMs reflated sharply (50bps QoQ) to 2.93% (FY23: 2.41%), primarily driven by improving spreads (210bps loan repricing benefit during FY23). While the GS-III declined sequentially by ~40bps, early delinquencies shot up, and are likely to stabilise by Q1FY24, as guided by the management. Disbursals were muted (-17% YoY, -0.5% QoQ), as weakness in individual home loans (-24% YoY) was offset by strong traction in project loan disbursals. LICHF is likely to continue fa...

Astral Ltd. is a Public Limited Listed company incorporated on 25/03/1996 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L25200GJ1996PLC029134 and registration number is 029134. Currently Company is involved in the business activities of Manufacture of plastics products. Company’s Total Operating Revenue is Rs. 3443.30 Cr. and Equity Capital is Rs. 20.10 Cr. for the Year ended 31/03/2022.

• The company has shown a good profit growth of 41.9919417130969% for the Past 3 years. • The company has shown a good revenue growth of 21.5854497558053% for the Past 3 years. • Company has been maintaining healthy ROE of 20.2848559365976% over the past 3 years. • Company has been maintaining healthy ROCE of 26.4054560205242% over the past 3 years. • Company is virtually debt free. • Company has a healthy Interest coverage ratio of 62.4157303370786. • The company has an efficient Cash Conversion Cycle of 14.3346974443197 days. • The company has a good cash flow management; CFO/PAT stands at 1.54689255543657. • The company has a high promoter holding of 55.85%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 1302.1 899.8 1041.8 1141.4 1360.9 Total Expenditure 1099.7 767.4 911.1 965.6 1065.2 Operating Profit 202.4 132.4 130.7 175.8 295.7 Other Income 15.2 6.2 4.1 3.3 8.6 Interest 4.4 11.7 12.4 7.7 1.5 Depreciation 30.4 29.7 34.3 34.9 35.6 Exceptional Items -1.9 0 0 0 -3.3 Profit Before Tax 180.9 97.2 88.1 136.5 263.9 Tax 48.9 24.2 22.7 35.1 67.3 Profit After Tax 132 73 65.4 101.4 196.6 Adjusted EPS (Rs) 4.93 2.72 2.44 3.78 7.31 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 1581.96 1915.7 2042.8 2486.3 3443.3 Total Expenditure 1345.33 1611.8 1673.1 1951.8 2808.3 Operating Profit 236.63 303.9 369.7 534.5 635 Other Income 11.05 11.5 10.9 20.7 27....

16 Jun 2023, 07:23PM IST ETMarkets has identified 7 prominent Indian companies, including Piramal Enterprises, Solar Industries India, Indian Oil Corporation, Crisil, Astral, BASF India, and Tejas Networks, that have shown bearish trend signals due to the MACD line crossing from above to below the signal line. ETMarkets' screener also filters stocks based on market capitalization, retaining only those exceeding RS. 10,000 crore. Investors must analyze these companies' financial health, market position, and growth prospects before making any investment decision because the crossover signals caution but does not necessarily confirm the bearish trend. 14 Jun 2023, 07:15PM IST ETMarket's screener has identified 11 stocks with an RSI above 75, indicating overbought conditions. With a market cap of over Rs 50,000 crore, these companies present potential investment opportunities. In this article, we delve into each company's business and provide valuable insights for investors 14 Jun 2023, 02:43PM IST MSCI Inc may add Cummins India and IDFC First Bank to its global index in its quarterly review. If included, it could result in inflows of $108m and $101m to each respectively. Astral and Power Finance Corporation could also be included, however, the probability is significantly lower. MSCI’s announcement is due on 10 August, with changes coming into effect from 1 September. 13 Jun 2023, 03:39PM IST Investors should exercise caution when considering these stocks for investment. Alth...

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The Institutional Brokers' Estimate System (I/B/E/S) is a database of estimates made by stock analysts regarding the future earnings of publicly traded companies. It provides analyst forecasts on company performance expressed via various consensus measures, including earnings per share, sales, and net income. These estimates are aggregated by Refinitiv using it’s Institutional Brokers' Estimate System and displayed by us on “AS IS” basis. The estimates that are displayed should not be construed to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities by Nextbillion Technology Pvt Ltd (Groww). Investors should not solely rely on the information displayed herein and must make investment decisions based on their own investment objectives, judgment, risk profile, and financial position. Past performance should not be taken as an indication or guarantee of future performance. Kindly note that investment in securities markets is subject to market risks, read all the related documents carefully before investing. Astral Limited is an India-based pipe company. The Company is engaged in manufacturing plumbing and drainage systems. The Company and its subsidiaries are engaged in the business of manufacturing and trading of pipes, fittings and adhesive solutions. Its product range includes plumbing pipe & fittings, insulation tube, industrial pipes & fittings, sewerage drainage pipes & fittings, fire sprinklers pipes & fittings, ancilla...

• The company has shown a good profit growth of 41.9919417130969% for the Past 3 years. • The company has shown a good revenue growth of 21.5854497558053% for the Past 3 years. • Company has been maintaining healthy ROE of 20.2848559365976% over the past 3 years. • Company has been maintaining healthy ROCE of 26.4054560205242% over the past 3 years. • Company is virtually debt free. • Company has a healthy Interest coverage ratio of 62.4157303370786. • The company has an efficient Cash Conversion Cycle of 14.3346974443197 days. • The company has a good cash flow management; CFO/PAT stands at 1.54689255543657. • The company has a high promoter holding of 55.85%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 1302.1 899.8 1041.8 1141.4 1360.9 Total Expenditure 1099.7 767.4 911.1 965.6 1065.2 Operating Profit 202.4 132.4 130.7 175.8 295.7 Other Income 15.2 6.2 4.1 3.3 8.6 Interest 4.4 11.7 12.4 7.7 1.5 Depreciation 30.4 29.7 34.3 34.9 35.6 Exceptional Items -1.9 0 0 0 -3.3 Profit Before Tax 180.9 97.2 88.1 136.5 263.9 Tax 48.9 24.2 22.7 35.1 67.3 Profit After Tax 132 73 65.4 101.4 196.6 Adjusted EPS (Rs) 4.93 2.72 2.44 3.78 7.31 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 1581.96 1915.7 2042.8 2486.3 3443.3 Total Expenditure 1345.33 1611.8 1673.1 1951.8 2808.3 Operating Profit 236.63 303.9 369.7 534.5 635 Other Income 11.05 11.5 10.9 20.7 27....

Devyani International:Mirroring its sister franchisee, Devyani reported an operationally weak Q4FY23 performance on moderating SSSG. Revenue growth of 28% YoY was led by 33% store addition. SSSG was weak for both KFC/PH at +2/-3% (Sapphire: +2/-4%) due to a tough demand environment. Negative oplev due to weak SSSG led to margin pressure across the business. Devyani's KFC/PH ROM fell 220/490bps QoQ to 17.5/9.3% (Sapphire 110/530bps to 19/8.6% JUBI 230bps to c.18%). Management has maintained its medium-term guidance of mid-single-digit SSSG growth and 300 stores addition. In the near term, we expect decelerating trend to continue with sustained pressure on operating margin. We maintain our EPS estimates and value Devyani at 50x P/E on Jun'25 EPS to arrive at a TP of INR 115. Maintain REDUCE. LIC Housing Finance: LICHF reported a mixed set of results with sharp reflation in margins driving a beat on our earnings estimates, partly offset by muted disbursals in individual home loans and a rise in early delinquencies. NIMs reflated sharply (50bps QoQ) to 2.93% (FY23: 2.41%), primarily driven by improving spreads (210bps loan repricing benefit during FY23). While the GS-III declined sequentially by ~40bps, early delinquencies shot up, and are likely to stabilise by Q1FY24, as guided by the management. Disbursals were muted (-17% YoY, -0.5% QoQ), as weakness in individual home loans (-24% YoY) was offset by strong traction in project loan disbursals. LICHF is likely to continue fa...