‹ All Posts
Finkhoz Roboadvisory Services

2nd Jun · SEBI-Registered Analyst

$SHRIPISTON

Fundamental Analysis: $SHRIPISTON is a leading manufacturer of pistons, piston rings, engine valves, and other automotive components catering to domestic and global OEMs. In the latest quarter, the company's revenue grew by 47% while net profit increased by 4.61%. FII holdings rose by 1.03%, reflecting improving institutional interest. The valuation remains reasonable with a P/E of 26.46x, broadly in line with the industry average of 26.92x. Technical Analysis: The stock is witnessing a strong recovery after finding support near ₹3,200 and has moved above its short-term moving averages. RSI is around 55, suggesting positive strength, while MACD is showing a bullish crossover from lower levels. Sustaining above ₹3,400 can lead to further upside. Overall View: With strong revenue growth, rising institutional participation, and a bullish technical setup, the stock appears well-positioned for further upside in the near term, supported by a 7.7 Finkhoz Rating.

#WatchOutFor#StockInNews#TechnicalViews#FundamentalViews#EquityResearch
1,077 likes·54 comments