Espresso Shot of the Day - Gujarat Ambuja Exports Ltd up by 5.20 percent

EspressoLogy

Espresso Shot of the Day - Gujarat Ambuja Exports Ltd up by 5.20 percent

April 19, 2022
Espresso Shot of the Day - Gujarat Ambuja Exports Ltd up by 5.20 percent

GUJARAT AMBUJA EXPORTS LTD 352.10  (+5.20%) BSE – INE036B01030 | 19THAPRIL 2022


Gujarat Ambuja Exports Limited (GAEL) is principally involved in the manufacturing of Corn Starch Derivatives, Soya Derivatives, Feed Ingredients, Cotton Yarn and Edible Oils. Since its incorporation in 1991, GAEL strives to serve the Food, pharmaceuticals, Feed and many other industries with a long-term growth strategy in the Agro-Processing sector. Gujarat Ambuja Exports Limited “Nurturing Brands” explains the encapsulation of their company’s mission statement, objectives, and corporate soul. Like when a child is born and given a name, a brand needs nurturing, support, development and continuous care in order to thrive and grow. Gujarat Ambuja Exports Limited is endeavoring to shape this perception.


Recent Drivers

  • On Mar 25, 2022, the company has approved the appointment of Shri Giridhar Nagaraj as the Chief Financial Officer and Key Managerial Personnel of the Company
  • On Feb 01, 2022, the company reported Net Sales of Rs.1, 238.00 crores in December 2021, up 2.21% from Rs.1, 211.20 crores in December 2020.
  • On Feb 01, 2022, the company reported a Quarterly Net Profit of Rs. 105.13 crores in December 2021.
  • On Jan 17, 2022, the company announced its decision to setup a Greenfield corn wet milling plant at Sitarganj, Uttaranchal (Uttarakhand).
(Sources: Moneycontrol, Business Standard, BSE)


Technical Force*

  • S&P BSE SmallCap month till date gain up by 2.32%
  • Traded on new All-time high value of 393.85
  • Spurt in Volume by more than 4.09 times compare to previous vol. 3 months avg. volume: 114,319
  • Quantity traded: 5, 02,558 | Deliverable Quantity: 1, 36,495 (27.16%)
  • Stock price jumped by more than 210% from a one-year low level: 124.95 (Apr 19, 2021)
  • Daily RSI (14) is nearby Overbought territory today
  • 52-week-high: 393.85 | 52-week-low: 124.95


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

293.32

247.48

208.52

162.68

123.72

77.88

38.92

    -

Fibonacci Pivot

247.48

215.09

195.08

182.19

162.68

143.18

130.29

110.28

77.88


Today’s Close

352.10

SMA

BSE

10 DAY

290.12

20 DAY

273.00

50 DAY

230.28

200 DAY

188.81


Some Key Ratios (Source: BSE)

Market Cap: 8,074.90 Crores

PE: 18.33

OPM%: 13.70

ROE%: 23.57

Promoters holding%: 63.84

Prev. Close: 334.70


*Chart and Technical Force data from the Binge desktop app
The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan Comtrade bears no responsibility. 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.