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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Coromandel International Limited    COROMANDEL   INE169A01031

COROMANDEL INTERNATIONAL LIMITED

(COROMANDEL)
  Report
End-of-day quote. End-of-day quote NSE India Stock Exchange - 08/13
747.9 INR   -2.36%
07/30COROMANDEL INTERNATIONAL LIMITED : Technically solid
07/21COROMANDEL INTERNATIONAL LIMITED : quaterly earnings release
07/16COROMANDEL INTERNATIONAL LIMITED : Ex-dividend day for final dividend
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Coromandel International Limited : Technically solid

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07/30/2020 | 04:43am EDT
long trade
Stop-loss triggered
Entry price : 780.35INR | Target : 880INR | Stop-loss : 745INR | Potential : 12.77%
Coromandel International Limited's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the INR 880.
Coromandel International Limited : Coromandel International Limited : Technically solid
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • Sales forecast by analysts have been recently revised upwards.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 552.35 INR

Weaknesses
  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • Technically, the stock approaches a strong medium-term resistance at INR 813.1.
  • The company is not the most generous with respect to shareholders' compensation.

Nicolas Aleksy
© MarketScreener.com 2020
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 148 B 1 973 M 1 973 M
Net income 2021 12 660 M 169 M 169 M
Net Debt 2021 14 138 M 189 M 189 M
P/E ratio 2021 17,3x
Yield 2021 1,51%
Capitalization 219 B 2 933 M 2 931 M
EV / Sales 2021 1,58x
EV / Sales 2022 1,42x
Nbr of Employees 4 894
Free-Float 38,2%
Upcoming event on COROMANDEL INTERNATIONAL L
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 855,44 INR
Last Close Price 747,90 INR
Spread / Highest target 33,7%
Spread / Average Target 14,4%
Spread / Lowest Target -31,8%
EPS Revisions
Managers
NameTitle
Sameer Goel Managing Director & Executive Director
Murugappan Muthiah Murugappan Non-Executive Chairman
Jayashree Satagopan Chief Financial Officer & Executive Vice President
Amit Rastogi Executive Vice President-Technology
Murugappa Muthiah Venkatachalam Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
COROMANDEL INTERNATIONAL LIMITED40.56%3 004
YARA INTERNATIONAL ASA7.34%11 771
SAUDI ARABIAN FERTILIZERS COMPANY8.52%9 344
CF INDUSTRIES HOLDINGS, INC.-26.94%7 460
THE MOSAIC COMPANY-19.55%6 600
AKRON PAO--.--%2 997