ASTRAL share price cheap or expensive at current level? ASTRAL POLY TECHNIK LTD. detailed stock analysis

Price Table

* Prices are based on daily market changes.

Date	Open	High	Low	Close	Volume	Delivery %	20-Day sma	50-Day sma	200-Day sma

Day High Low Range

Time	Lowest	highest	Volume

Past Performance & Moving Averages

Day’s	Low high range	SMA	Stock performance	Nifty performance

PIVOT POINTS

NAME	S4	S3	S2	S1	PIVOT POINTS	R1	R2	R3	R4
CLASSIC	-	-	-	-	-	-	-	-	-
WOODIE‘S	-	-						-	-
FIBONACCI	-								-
CAMARILLA					-

Trend Analysis

Key Data

Market cap	Book value	stock p/e	Dividend yield	roce	roe	sales growth (3Y)	face value (3Y)

Profile

Incorporated: 1996

Marketcap: Rs 30558.07 Crore

Founder: Sandeep Engineer

Profile:

The company aims to manufacture plumbing and drainage systems in India.

Astral stands for innovation and setting new trends in the piping industry.

Bringing newer piping technologies and continuous innovation in existing as well as new products have been the focal point at Astral

Astral is also known for its compromise-free quality and exceeding consumer’s expectations. Right from introducing new piping technologies to innovative brand communications

Description:

The company started its commercial production of CPVC pipes and fittings at santej–15 Km from Ahmedabad.
Got the first licensee of Lubrizol of USA (which is formerly known as BF Goodrich, a fortune 500 company)
Astral has an equity joint venture with the Specialty Process LLC of USA (the manufacturing CPVC plumbing system for 25 years) for the first time in the country.
The company manufactures CPVC plumbing systems for both residential as well as industrial applications
The ASTM solvent weld leads the free PVC plumbing system.
It supplies the state-of-the-art production facilities located at Ahmedabad and Himachal Pradesh for manufacturing the plumbing systems from ½” to 6” with entire the necessary fittings.

Astral’s brand mission

1. Maintain and grow a commanding presence in the minds of customers

2. Delivered promised values, consistently.

Revenue Segments includes:

Plastic Products which contributed Rs 2038.50 Crore
Sales Value (99.78 % of Total Sales) and
Other Operating Revenue which contributed Rs 4.30 Crore

Clients:

The company has clients from various industries such as

Hospitality

Gokulam Medical Research

Krishna Heart Hospital Unity Hospital

Hotel & Restaurant

The Imperial

Oberoi

Hotel Claridges

Hotel Abbott, and more.

Government organizations

Canadian Embassy -

New Delhi, and

Embassy Of France New Delhi

American Embassy New Delhi

British High Commission New Delhi

Technology parks

Infocity - Gandhinagar and

Silicon County - Hyderabad

Resorts & clubs

Nanu Resorts (Goa),

Construction

Hiranandani construction,

G.L Raheja group, and so much more.

Pipes manufacturing units are:

Santej, Gujarat
Dholka, Gujarat
Hosur, Tamil Nadu
Ghiloth, Rajasthan
Sangli, Maharashtra
Sitarganj, Uttarakhand

Are you friends with trend?

There is a saying in stock market, “Trend is your best friend“

It means, a good trader doesn‘t place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

PAST PERFORMANCE & MOVING AVERAGES

DAY’S	LOW HIGH RANGE	SMA	STOCK PERFORMANCE	NIFTY PERFORMANCE

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day‘s range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

GAPS ON DAY CHART

Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

PROFITABILITY

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

CASH FLOW

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

FINANCIAL HEALTH

What Is Financial Health?

Financial health is a term used to describe the state of one‘s personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

PIOTROSKI SCORE

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firms financial position.

VALUATION

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

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Price Table

Day High Low Range

Past Performance & Moving Averages

PIVOT POINTS

Trend Analysis

Key Data

Profile

Incorporated: 1996

Revenue Segments includes:

Clients:

Are you friends with trend?

There is a saying in stock market, “Trend is your best friend“

PAST PERFORMANCE & MOVING AVERAGES

Why are moving Averages important in technical Analysis?

GAPS ON DAY CHART

INDUSTRY GROWTH RATE

PEER COMPARISON

Sales

Sales

What is Sales Trend ?

PROFITABILITY

What is EBITDA Margin & EBIT Margin ?

CASH FLOW

Why is the Cash Flow Analysis important?

FINANCIAL HEALTH

What Is Financial Health?

PIOTROSKI SCORE

What Is the Piotroski Score?

VALUATION

What Is Valuation?

Helpful Links

Other Links

Our Top Brokers

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