AYM Syntex Ltd.
Cup & Handle Pattern: Monthly Basis (Price/Vol. BreakOut). *Further Built-Up Required* Then Good to Go!!!.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Sound Company*
Estb. in 1983, AYM (formerly known as Welspun Syntex Ltd) manufactures / exports polyester filament yarn, nylon filament yarn & BCF yarn. Manufacturing plants in Silvassa / Palghar.
Improving Qtrly/Yrly Sales & Profitability (Mar'21 an Aberration).
Moderate Leverage. Better Ops. Cash Flow. Continues increase in Book Value since Mar'13.
Promoters/FII stake increase since Jun/Mar'21
*Concern:*
Stretched WC Cycle. RoA/RoE/ROCE needs further improvement.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Cup & Handle Pattern: Monthly Basis (Price/Vol. BreakOut). *Further Built-Up Required* Then Good to Go!!!.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Sound Company*
Estb. in 1983, AYM (formerly known as Welspun Syntex Ltd) manufactures / exports polyester filament yarn, nylon filament yarn & BCF yarn. Manufacturing plants in Silvassa / Palghar.
Improving Qtrly/Yrly Sales & Profitability (Mar'21 an Aberration).
Moderate Leverage. Better Ops. Cash Flow. Continues increase in Book Value since Mar'13.
Promoters/FII stake increase since Jun/Mar'21
*Concern:*
Stretched WC Cycle. RoA/RoE/ROCE needs further improvement.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)