CuriousChartist

Look no further while AETHER is Here !

Long
CuriousChartist Aggiornato   
NSE:AETHER   AETHER INDUSTRIES LTD
-Annual Revenue rose 11.8%, in the last year to Rs 667.6 Crores. Its sector's average
revenue growth for the last fiscal year was 17.1%
-Annual Net Profit rose 19.7% in the last year to Rs 130.4 Crores. Its sector's average net
profit growth for the last fiscal year was 6.7%.
-EPS increased to 10.5 from previous year 9.67

PE Ratio is 109.7, higher than its sector PE ratio of 47.7 (Negative)

In the latest quarter :
DII Holding increased by 5.26%
Promoters holding decreased by 5.26%
FII Holding increased by 0.30%

Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. It exports products to 18 countries, including Italy, Spain, Germany, the United States, and other parts of the world.

Business segment:
A) Large Scale Manufacturing (72% of FY21 revenue)
B) Contract Manufacturing (19% of FY21 revenue)
C) CRAMS (9% of FY21 revenue)

New Manufacturing units
In August 2021, it commenced construction of a new manufacturing facility #3 at Sachin, and it is in discussions with relevant authorities for acquiring land for the fourth manufacturing facility (manufacturing facility #4) at Sachin. Both these new manufacturing facilities (#3 and #4) will be within a short distance from manufacturing facility #2.


Commento:
Seems like it is gearing up CMP 1076
Commento:

The trade hasn't triggered yet, but today's move could be a good entry point. Let's see if it sustains at this support. The stoploss mentioned in the analysis comes into play only after the stock closes above 1110.
Commento:
CMP: 990. This could be the important zone where it could reverse back upwards
Commento:
This analysis never took off. However there is a new development in this script.
I believe it is very close to a reversal.

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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