Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Alps Industries Ltd Short Term Target

1 min read

Alps Industries Ltd.
Segment: EQ NSE Code: ALPSINDUS
Paidup Value :10
Face Value: 10
Market Lot: 1 ISIN Code
INE093B01015 Listing Date
24-APR-1996
Alert: Stock hits Year High
CMP : 92.30
Short Term Target : Rs 120  Time Frame : 2 months
Long Term Target : Rs 150

 
ALPS INDUSTRIES..EXCELLENT MIDCAP PLAY NOW..STRONG FUNDAMENTALS
Alps Industries is a leading eco-friendly textile products manufacturers and a principal infrastructure player of interior products. The product portfolio of the company includes an eclectic range of home furnishings, sophisticated fashion accessories and high quality yarn.

· The company has a total of 9 manufacturing facilities on a total built-up area of 15 lakh sq. feet, with units located at Ghaziabad (4 units), Uttarakhand (4 units) and one unit at Pondicherry.

· The company has completed expansion of its spinning yarn, which is catering to premium segment of yarn market, by installing 66,000 spindles at Haridwar, which has commenced production from December 07, ahead of schedule by about 6 months. This project had a cost of Rs.330 crores.

· Another project of Rs.63 crores for weaving & processing is being put up. The unit is for weaving of upholstery and decorative furnishing fabrics of 84 lakh square machining fabric processing, which would be operational from July 2008.

· For FY 07, the company posted a total income of Rs.432.56 crores, with EBITDA of Rs.68.12 crores, resulting in a margin of 15.75% with PBT of Rs.35.48 crores and PAT of Rs.30.35 crores, resulting in an EPS of Rs.9.34 on an equity capital of Rs.32.51 crores.

· For H1 FY 08 the total income was at Rs.272 crores with EBITDA of Rs.40.61 crores, resulting in a margin of 14.93% with PBT of Rs.20.08 crores and PAT of Rs.18.56 crores, resulting in an EPS of Rs.5.38 on equity of Rs.34.51 crores.
 

——————————————————————————–
LATEST SNAPSHOT 83.15 1.4m [87.95 -4.80 (-5.46%)] Jan 8 03:59PM IST
——————————————————————————–

Date: 8th January 2008 View Fibonacci Technical Chart
High: 92.00 Low: 80.00
Open: 90.00 Value: 11.57 Cr.
Volume: 1356901 10-day Avg. Vol: 673723
52-Week Range (Low – High) : 39.00 – 92.00
Circuit Filters For Next Day: 66.52 – 99.78
STOCK PERFORMANCE
15.09% in 1 Week
40.93% in 1 Month
15.97% in 1 Year
Intraday Chart
Related ArticleS
9th January, 08 (83.15) Alps Industries zooms on energy subsidiary (Business Standard)
9th January, 08 (83.15) Alps Industries results on Oct 25 (Business Line)
9th January, 08 (83.15) Alps Industries to pay 7.5% (Business Line)
9th January, 08 (83.15) Alps Inds unit to buy 50 pct stake in U.S. firm (NDTV Profit)
9th January, 08 (83.15) Alps Inds unit to buy 50 pct stake in U.S. firm (Reuters India)
8th January, 08 (83.15) Alps Industries chalks out Rs 400-cr expansion plan (Business Standard)
8th January, 08 (83.15) Alps Industries net profit rises 9% to Rs 7.76 cr (Business Standard)
8th January, 08 (83.15) Alps Ind plans 4-bln-rupee investment in 18 months (NDTV Profit)
8th January, 08 (83.15) Alps Ind plans 4-bln-rupee investment in 18 months (Reuters India)
7th January, 08 ( 87.95) Alps Industries net up 73% (Business Standard)

 

 

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

GANN Shorter term update for Nifty as on 15…

  GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips below 5005. Source: www.marketcalls.in
Rajandran R
5 sec read

Larsen and toubro update

  Trailing Stop Loss Update for Larsen and Tourbo   Cover Shorts and reverse the position if LT closes above 1665. Source: www.marketcalls.in
Rajandran R
6 sec read

JP Associates is getting Weaker

  1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop loss...
Rajandran R
12 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More