Orient Bell Positive Result Reaction

2022年2月1日

With quarterly sales increasing by 24% and quarter profit increasing by 64%, ORIENTBELL posted good set of numbers and the share broke out of a 6 month old trading zone. It came down to its support at Rs. 421 and now bouncing back. It's a good buy at this level with a stop loss around Rs. 420. Either sell below the stop loss or when the share closes below daily supertrend.

2022年2月1日

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Other Fundamentals: -
1. Debt to equity 0.08 (borrowings came down from 101cr to 21cr since Mar'19)
2. Interest coverage above 7
3. Generating free cash flow (FCF to CFO at 67%)
4. TTM margins, sales and profit showing tremendous growth
5. Cash Conversion Cycle came down to 15 from 96 since Mar'19
6. Promoter stake increased from 59% to 64% since Mar'19

2022年2月2日

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Going from strength to strength

2022年2月4日

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Getting stronger day by day. Soon supertrend will cross the initial stop loss level of Rs.421.

2022年2月23日

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One green day and Orient Bell is showing how powerful a share it is. Power of Big Volume Breakout + Great Results + Great Fundamentals + Good Future Prospects. Congratulations to those who have been able to hold their nerve (by not selling this) amid these volatile periods.

2022年2月28日

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What a move by Orient Bell once again!!! This is how patience pays in the stock markets.