Espresso shot of the day – S H Kelkkar and Company Ltd up by 19.99 percent

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Espresso shot of the day – S H Kelkkar and Company Ltd up by 19.99 percent

November 09, 2021
Espresso shot of the day –  S H Kelkkar and Company Ltd up by 19.99 percent

S H KELKAR AND COMPANY LTD 183.70  (+19.99%) BSE – INE500L01026 | 9TH NOVEMBER 2021


In 1992, Keva began as S.H.Kelkar and co. and Saraswati Chemicals- a manufacturer of industrial perfumes in British India. Today, their fragrances and flavours are found in a number of bestselling brands in their respective product categories all over the world. Some of the fragrances developed by them decades ago are still market leaders, reinforcing their belief that a commitment to quality and imaginative solutions can bring enduring success. They are now the leading fragrance manufacturers in India. Over the years, they have perfected the art of delivering the ideal sensorial solution for every market. Their knowledge and rich heritage earned them a number of distinguished awards and milestones, motivating and inspiring them to create more sensorial breakthroughs.

Recent Drivers

  • On Nov 2, 2021, the company reported net sales of Rs 358.82 crores in Sep 2021.
  • On Nov 2, 2021, the company reported a net profit of Rs 20.97 crores in Sep 2021.
  • On Sep 3, 2021, the company bagged an order in the home care segment from a large global MNC player in the domestic FMCG market.
  • On Aug 4, 2021, CRISIL Ratings has reaffirmed its ‘CRISIL AA-/Stable’ rating on the long-term bank facilities of S H Kelkar And Company Limited (S H Kelkar, part of Keva group; formerly known as Kelkar group)
(Sources: MoneyControl, Business Standard, CRISIL)


Technical Force*

  • S&P BSE 500 cap month till date gain up by 2.98%
  • Touched Upper Circuit Rs.183.70
  • Spurt in volume by more than 440.10 times compare to previous vol. 3 months avg. volume – 2,92,548
  • Quantity traded: 1,55,98,499 Deliverable quantity :1,47,18,744 (94.36 %)
  • Stock price has jumped more than 100 % from one-year low level: 88.85 (Nov 09, 2020)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 189.80 | 52-week-low:  88.85


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

  252.28

196.77

158.63

103.12

64.98

9.47

-

    -

Fibonacci Pivot

196.77

160.99

138.89

124.66

103.12

81.58

67.34

45.24

9.47


Today’s Close

183.70

SMA

BSE

10 DAY

155.42

20 DAY

154.41

50 DAY

157.76

200 DAY

146.72


Some Key Ratios (Source: BSE)

Market Cap: 2,596.06 crores

PE: 36.16

OPM%: 11.98

ROE%: 11.21

Promoters holding%: 58.57

Prev. Close: 153.10


Chart And Technical Force data taken from the Binge desktop app.

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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.