TTK Prestige Limited up by 17.43 percent | Espresso

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Espresso shot of the day – TTK Prestige Limited up by 17.43 percent

February 10, 2021
Espresso shot of the day – TTK Prestige Limited up by 17.43 percent

TTK PRESTIGE LTD 6951.35 (+17.43%) BSE- INE690A01010 | 10th FEB 2021

TTK Prestige Limited, has emerged as India’s largest kitchen appliances company catering to the needs of home makers in the country. Every Prestige brand product is built on the pillars of safety, innovation, durability and trust, making the brand the first choice in millions of homes. Prestige xclusive, a division of TTK Prestige Limited, is an exclusive retailer for Prestige Products. A prestige xclusive outlet is the only store where every Prestige Product is available 365 days a year.

Recent Drivers

  • TTK Prestige Limited has reported net profit of Rs 83.84 crores for December Quarter 2020 up by 37.15% from Rs 61.13 crores for December Quarter 2019.
  • Sales up by 23.56% to Rs 725.63 crores December Quarter 2020 from Rs 587.27crores December Quarter 2019
  • TTK Prestige Limited has said that it is growing at about 20% over the previous year and that the demand across categories is very high. The company says many of its stores are out of stock and that it (the company) not able to match both in domestic and export demand
  • The company is looking to double its capacity by end of fiscal and scouting for acquisitions in India and abroad.
  • The company has also set a target of achieving Rs 5,000 crores in the next four year
  • Industry analysts say the company is poised to benefit from increased demand for home cooked food during the pandemic.
(Sources: BSE, Business Standard, Economic Times )

Technical Force*

  • S&P BSE ALL CAP month till date gain up by 10.11%
  • Traded on new 52- week high value 7103.4
  • 3 month avg qty - 16211
  • Stock price has jumped more than 70% in one year low level – 3918.05, 24 March, 20
  • Daily RSI (14) is in overbought territory today
  • 52- week high – 7103.45 52- week low – 3918.05

 

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4


Pivot Point

-

9837.95

8199.05

7195.85

5556.95

4553.75

2914.85

1911.65

-


Fibonacci Pivot

8199.05

7189.77

6566.23

6164.63

5556.95

4949.27

4547.67

3924.13

2914.85


Today’s Close

6951.35

SMA

BSE

10 DAY

6102.07

20 DAY

6080.54

50 DAY

6003.48

200 DAY

5649.81

Some Key Ratios (Source: BSE)

Market Cap: 9635.55 crores

PE: 65.09

OPM%: 15.68

ROE%: 11.06

Prev. Close: 5919.55

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.