Alphawealth Research retweeted
Why did Pennar fall today? #Pennar
H1'26 Numbers:
- Revenue up 18.7%
- EBITDA up 17.8%
- PAT up 20 6%
Results look great isn't it? But still the share price tanked....
Peers posted much higher growth rates.
But wasn't it supposed to be......
Do you know how much revenue comes from PEB for pennar?
~ 48% of total revenue comes from PEB
So, Pennar is not a pure play PEB player but it has some good potential business.
Read concall....go one level deeper!
Hidden PEB player Bansal Roofing Targets ₹250 Crore Turnover Betting on the PEB Boom to Double Growth linkedin.com/pulse/hidden-pe… #BansalRoofing #Interarch #Pennar #Epackprefab #PEB #Smallcap #Multibagger #Bansal
Dinesh retweeted
Be calm and don’t miss the DIP #Pennar
A Stock in which all moving averages showing positive growth;
📌 Latest Moving Averages Snapshot
➡️5-day MA: ~ ₹267.48 ⇒ Price above → bullish.
➡️20-day MA: ~ ₹264.82 (EMA) / ~₹246–252 (SMA) ⇒ Price above → bullish-to-neutral.
➡️50-day MA: ~ ₹259.52 (SMA) / ~₹245–246 (EMA) ⇒ Price above → bullish.
➡️100-day MA: ~ ₹252.22 (EMA) / ~₹240-237 (SMA) ⇒ Price above → bullish.
➡️200-day MA: ~ ₹243.39 (SMA) / ~₹220.80 (EMA) ⇒ Price well above → bullish.
#pennarinds
Market is beating stock left right and center
If they miss slightly, Market punish hard
#Pennar
#Pennar guided for higher margins but didn't deliver on that front. Markets bashed the stock today. Rising debt could be an issue as well (?)
Order book remains strong particularly in PEB segment.
Nevertheless, keep a close eye on execution from here on.
