Orient Bell Positive Result Reaction

2022年2月1日

With quarterly sales increasing by 24% and quarter profit increasing by 64%, ORIENTBELL posted good set of numbers and the share broke out of a 6 month old trading zone. It came down to its support at Rs. 421 and now bouncing back. It's a good buy at this level with a stop loss around Rs. 420. Either sell below the stop loss or when the share closes below daily supertrend.

2022年2月1日

註釋

Other Fundamentals: -
1. Debt to equity 0.08 (borrowings came down from 101cr to 21cr since Mar'19)
2. Interest coverage above 7
3. Generating free cash flow (FCF to CFO at 67%)
4. TTM margins, sales and profit showing tremendous growth
5. Cash Conversion Cycle came down to 15 from 96 since Mar'19
6. Promoter stake increased from 59% to 64% since Mar'19

2022年2月2日

註釋

Going from strength to strength

2022年2月4日

註釋

Getting stronger day by day. Soon supertrend will cross the initial stop loss level of Rs.421.

2022年2月23日

註釋

One green day and Orient Bell is showing how powerful a share it is. Power of Big Volume Breakout + Great Results + Great Fundamentals + Good Future Prospects. Congratulations to those who have been able to hold their nerve (by not selling this) amid these volatile periods.

2022年2月28日

註釋

What a move by Orient Bell once again!!! This is how patience pays in the stock markets.