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madhu2811
Jul 17, 2023 12:42 PM

BLACK ROSE INDUSTRIES LTD 

BLACK ROSE INDUSTRIES LTD.BSE

Description

Inverted cup and handle observed

Hold with SL of 100 - Wait for results for further decisions

Financial Performance:

  1. Revenue dip due to falling chemical prices and lower demand.
  2. Manufacturing revenue reduced by 24% due to lower price realization and oversupply in China.
  3. Good cash flow and zero long-term debts.
  4. Margins and profits affected by lower demand and falling prices.


Market Cap
₹ 699 Cr.

Current Price
₹ 137


Stock P/E
88.2

Book Value
₹ 24.9

Dividend Yield
0.40 %

ROCE
9.53 %

ROE
6.35 %

Face Value
₹ 1.00

Promoter holding
75.0 %

EPS last year
₹ 1.55

EPS latest quarter
₹ 0.35

Debt
₹ 5.13 Cr.

Pledged percentage
0.00 %

Net CF
₹ 0.11 Cr.

Price to Cash Flow
31.1

Free Cash Flow
₹ 16.9 Cr.

Debt to equity
0.04

OPM last year
3.20 %

OPM 5Year
7.95 %

Reserves
₹ 122 Cr.

Price to book value
5.50

Int Coverage
6.95

PEG Ratio
-11.6
Comments
madhu2811
my view is neutral, who ever holding it can keep SL of 100, this script is not in FNO you cant do positionally shortsell, only intraday.

view regarding Long or short or neutral can be seen through symbol from trading view itself.
zishanahmed121
is this a short-sell idea? because of inverted C&H?If yes the SL should be higher
madhu2811
@zishanahmed121 the SL is for whoever holding in Cash or in long
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