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Sneha M Vasudeo

14th Oct · SEBI Registration INH000012616

Skipper Ltd.: Strong Revenue Growth + Technical Breakout

SKIPPER
→ Leading Indian manufacturer of power transmission and distribution structures, including transmission towers, monopoles and substation structures. → Manufactures PVC and CPVC pipes for plumbing and irrigation applications. → Provides turnkey engineering solutions, including design, engineering and installation for power and infrastructure projects. → Serves utilities, government bodies and private-sector clients across India and international markets. → Exports to 40+ countries, supported by manufacturing capabilities and a strong global presence. Financial & Fundamental Analysis → Operating Revenue: ₹5,608.79 Cr (TTM). → Revenue Growth: 20% annually, indicating strong growth. → Pre-tax Margin: 5%, indicating relatively modest profitability. → ROE: 14%, reflecting reasonable returns on shareholders’ capital. → Debt-to-Equity: 30%, indicating moderate leverage. Technical Analysis → Trading below its 50-day moving average (50 DMA), indicating near-term weakness. → Approximately 13% above its 200-day moving average (200 DMA), keeping it above its long-term trend indicator. → Recently broke out of a base pattern on the weekly chart but failed to sustain momentum. → Trading approximately 10% below its breakout pivot point. → Technical View: The stock needs to reclaim the 50 DMA and sustain levels above it to strengthen its near-term outlook. A recovery towards the pivot point would be important for confirming renewed breakout momentum. Disclaimer: For informational and educational purposes only. This is not investment advice or a recommendation to buy or sell securities.

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