📈 Skipper Ltd – Strong Q1 Breakout! What’s Next?

Skipper has surged to ₹516 after a decisive breakout, backed by strong Q1 results and record order book. Let’s look at what’s fueling this move and what to expect ahead: 🔍 Fundamentals Look Solid Q1 FY26 revenue: ₹1,254 Cr (up 15% YoY) Net profit: ₹44.7 Cr (up 41% YoY) EBITDA up 22%, margin improved to 10.1% Record order book of ₹8,520 Cr, with ₹1,977 Cr fresh inflows Strong export growth (~30% YoY) and healthy polymer segment performance Low debt, improving cash flows, and management has guided for ~25% revenue CAGR 📊 Technical Breakout Confirmed Broke out of a falling channel with a big green candle and strong volume (14.5M) RSI has spiked to ~63, showing momentum is building Trading above all key EMAs (20, 50, 100), signaling bullish reversal Immediate support zones: ₹501 / ₹485 Resistance in the ₹540–₹560 zone; breakout here can trigger further rally 🎯 Outlook Short-Term View (2–4 weeks) Momentum is strong post breakout Expect range of ₹540–₹560 if volume sustains Pullbacks toward ₹500–₹485 could offer entries Long-Term View (6–12 months) With strong earnings and large order book, price can head toward ₹600–₹650 Any dip near ₹470–₹490 is a buying opportunity for long-term investors 📌 Conclusion: Skipper’s rally is backed by strong fundamentals and a clear technical breakout. If execution continues as guided, both short- and long-term outlooks remain bullish