Q4 CONS NET PROFIT 1.2B RUPEES VS 410M (YOY).
Q4 EBITDA 1.72B RUPEES VS 752M (YOY) || Q4 EBITDA MARGIN 27.89% VS 14.17% (YOY).
In addition, MACD Cross is also playing out.
Once MACD Cross is completed, expect 20% up from here.
Q4 EBITDA 1.72B RUPEES VS 752M (YOY) || Q4 EBITDA MARGIN 27.89% VS 14.17% (YOY).
In addition, MACD Cross is also playing out.
Once MACD Cross is completed, expect 20% up from here.
Note
Positive News:India's D.B. Corp climbs on qtrly profit jump
** Shares of Indian consumer publishing company DB Corp DBCORP rise 5% to 293.35 rupees
** Co reported a more-than-two-fold jump in March-qtr consolidated profit on Wednesday to 1.23 billion rupees ($14.8 million), as expenses contract
** Qtrly revenue rose 16.2% to 6.17 billion rupees from an year earlier
** Stock is set to gain for a fourth consecutive session, if trend holds
** Stock up ~9.7% YTD; had gained ~116.7% in 2023 - its biggest yearly gain since listing
Trade closed: target reached
Trade Completed. Target Achieved.Total 22% Profits booked.
Time Taken = 6 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.
Kudos!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.