Espresso Shot of the Day - Century Plyboards Ltd up by 5.08 percent

EspressoLogy

Espresso Shot of the Day - Century Plyboards Ltd up by 5.08 percent

December 03, 2021
Espresso Shot of the Day - Century Plyboards Ltd up by 5.08 percent

Century Plyboards Ltd. 626.15  (+5.08%) BSE – INE348B01021 | Dec 3, 2021


CenturyPly has been the front-runner in applying innovation at work. This simple philosophy has been the cornerstone of all their processes and technologies. It has led them to design and deliver contemporary lifestyle statements that have become synonymous with modern living. Their award-winning products have been redefining Indian realty and bringing about a paradigm shift in the concept of living spaces. Century Plyboards (India) Ltd., their mother concern, came into existence in 1986 as a result of the foresightedness of two visionaries, Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. Since then, the company has taken giant strides and today is the largest seller of multi-use plywood and decorative veneers in the Indian organized plywood market.


Recent Drivers

  • On Nov 3, 2021, the company reported net sales at Rs 808.29 crores in Sept 2021, up 55.49% from Rs 519.83 crores in Sept 2020.
  • On Nov 3, 2021, the company reported net profit at Rs 103.08 crores in Sept 2021, up 100.4% from Rs. 51.44 crores in September 2020.
  • On Nov 2, 2021, the Board of company approved the subsidiarisation/transfer of the company's logistics business, comprising of CFS services, as a going concern, by way of a slump sale, to a wholly owned subsidiary of the company, to be incorporated for this purpose.
  • On Sept 8, 2021, the company announced that it is aiming to grow at 20% CAGR over the next three years.
(Sources: Business Standard, Moneycontrol)


Technical Force*

  • S&P BSE 500 month till date gain up by 1.37%
  • 3 months avg. NSE volume: 389,774
  • Quantity traded: 19,623 | Deliverable quantity: 5,000 (25.48%)
  • Stock price has jumped by more than 200% from one-year-low level: 206.25 (Dec 22, 2020)
  • Daily RSI (14) is nearby Oversold territory today
  • 52-week-high: 714.95 | 52-week-low: 206.25


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

 440.37

343.68

288.37

191.68

136.37

39.68

-

    -

Fibonacci Pivot

343.68

 285.62

249.75

226.64

191.68

156.72

133.62

97.75

39.68


Today’s Close

626.15

SMA

BSE

10 DAY

620.39

20 DAY

646.95

50 DAY

566.76

200 DAY

422.35


Some Key Ratios (Source: BSE)

Market Cap: 13,911.36 crores

PE: 48.63

OPM%: 20.73

ROE%: 20.76

Promoters holding%: 73.04

Prev. Close: 595.9


*Chart and Technical Force data from the Binge desktop app
References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comrade Private Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.