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Apollomicrosys

Small Cap Multibagger Defence Stock (Independence Day Pick)Apollo Micro Systems Ltd. Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4. As per conventional TA, death cross has formed on 5th August. Further downside is expected. Fundamentally it is overvalued, so it is underperforming since November 2023. During last 3 years, the company has been spending aggressively on equipments to cater the increasing demand. Company is able to maintain healthy profit margin. Good to accumulate around 70-80 level for the following targets: Medium term target @ 240 (210% ROI) Long term target @ 380 (390% ROI) Do your own due diligence before taking any action. Peace!!
NSE:APOLLOLong
by Swastik24
Apollo Micro Systems making moves in the upward direction. Apollo Micro Systems Ltd. engages in the manufacture of Aerospace and Defence related electronic components and systems. It includes electronic manufacturing, hardware design, information technology and software, electronic, and mechanical services. It also offers space, and transportation solutions. Apollo Micro Systems Limited (AMS) CMP is 108.89. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years and Company with decreasing Promoter pledge. The Negative aspects of the company are PE higher than Industry PE, Declining Cash Flow from Operations and Companies with weak financials. Entry can be taken after closing above 109. Targets in the stock will be 112, 118 and 125. The long-term target in the stock will be 133, 140 and 147. Stop loss in the stock should be maintained at Closing below 102 or 93 depending upon your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:APOLLO
by Happy_Candles_Investment