Eveready Industries India Ltd is a prominent player in the dry cell batteries segment. In addition to batteries, the company produces flashlights (torches), mosquito repellents, and packaged tea. Looking to expand its product portfolio, Eveready Industries is currently test marketing a dishwashing detergent, with plans to launch the product upon successful completion of the trials.
Previous Close
414.30
TTM EPS
9.80
52 Week High
463.00
TTM PE
45.15
52 Week Low
295.05
P/B
8.32
Sector PE
34.87
Mkt Cap (Rs. Cr.)
3,216
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
EVEREADY has given a rectangle pattern breakout on the weekly chart, coming out of a 3-year consolidation. The stock has been in Higher-Low formation and has been in bullish momentum past 9 weeks.
Stock has shown high volumes at breakout indicating a confirmed breakout.
Momentum Indicator RSI (14) has formed a rounding pattern formation and is trading above 55 levels indicating an overall bullish momentum to continue in coming sessions.
Stock has been trading above major EMA on the weekly chart maintaining the bullish momentum.
MACD has given a positive crossover indicating a shift in momentum to positive.
Supriya Lifescience Ltd is a manufacturer of Active Pharmaceutical Ingredients (APIs), focusing on a wide range of therapeutic segments, including antihistamines, analgesics, anesthetics, vitamins, anti-asthmatics, and anti-allergic medications.
Previous Close
428.55
TTM EPS
14.80
52 Week High
454.00
TTM PE
30.40
52 Week Low
234.90
P/B
4.45
Sector PE
46.93
Mkt Cap (Rs. Cr.)
3,620
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
SUPRIYA LIFESCIENCE has given an Inverted Head and Shoulders pattern breakout on the weekly chart closing above the neckline on weekly chart.
Stock has been in a higher–low formation continuing the overall bullish move.
Momentum indicator RSI (14) has a bullish range shift, where base/support has been formed at the 55 mark.
10 and 20 EMA have been acting as a good support zone and stock is trading above major EMA, giving a positive outlook.
MACD has been above polarity and overall positive.0
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