NH : An upcoming entry Will be looking forward for an entry in this scrip if price retests the ATH. The entry will be taken with 1% risk. The target levels might vary depending on the momentum in the coming days.
Entry is invalid if the current high is taken out.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
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Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
Narayanahrudayala
Narayana Hrudayalaya - Strong Fundamental & TechnicalFundamental plus Technical Analysis on a Financially Strong Company:
Narayana Hrudalaya Ltd is engaged in providing economical healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations.
Focus
Company plans to add 700 plus beds for the next 3-4 years at Bangalore Health City. It intends to invest upto Rs. 1,000 Cr in the West Bengal for setting up a superspecialty hospital.
Capex Plan
Company has planned a total capex of 1136 Cr for FY24 and till Q3 FY24 it has spent 477 Cr.
Stock P/E - 31.7
Industry PE - 56.3
EPS growth 5Years - 67.8 %
Buy Score - 4.56 (Buy Score above 0 for me, is considered very good and above 1, excellent.)
ROCE 5Yr - 19.6 %
Please note that this idea is meant to spread awareness and should NOT be considered a buy recommendation. Do your own research before making any financial commitments.
Buy Narayana HrudayalayaIt seems that the stock has bottomed out and will advance up from current levels. The stock is currently trading at 430 levels.
The first target will be 510 which is roughly 18% from current levels.
Keep a view of 5 months and buy.
Keep Stop loss of 387 initially on weekly closing basis and trail the stop loss once it goes in our favor.
**Ideas are my own** Invest as per your risk taking ability**
NH (Narayana Hrudayalaya)- Strong Buy (listed on NSE)NH witnessed heavy accumulation, poised for a limit up today, shall target 750 in the short term.
Quarterly Net Profit at Rs. 27.60 crore in March 2021 up 432.3% from Rs. 5.19 crore in March 2020.
We expect further rise in profits in the coming years and that shall trigger massive up move.