Hey All,
Its been a while that I didn't talk about my - Stock Market 101 series and which share recently I have picked. Before I get into the details of my stock investment strategy and my pick, I wanted to make it clear that it is all based on my research and there is no guarantee of immediate profits. I am a long term investor and do not buy stocks in bulk rather I have a strategy of only buying in dips and only exit when I am getting a decent return until then it is just a #hodl and build strategy. Hence request you to -DYOR do your own research and invest what you can afford to hold for a long term perspective - also remember the famous line investment in stocks and mutual funds is subject to market risks and as matter of fact crypto investments are also subject to market risks. Anyways let us now look at the Stock Market 101 pick and this time, I will be talking about as to why I am Investing in Stock - Jupiter Wagons Ltd. A disclaimer here right now I have not bought any share of it and now from here on at every dip I would be buying the stock Jupiter Wagons Ltd ticker JWL. The question is what currently is its trading price and other stats associated to it i.e. 52 weeks high/low, market cap, stock/pe ratio and other details; have a look at the following image for the same::
Key points & Business Overview for Jupiter Wagons Ltd...
Lets now look at the key point as to why I decided to invest in Jupiter Wagons stock:: Ticker is "JWL" on NSE [National Stock Exchange] India. This company is into the business of Commercial Engineers & Body Builders Company Ltd aka (CEBBCO) and is primarily involved in the business of manufacturing metal fabrication comprising load bodies for commercial vehicles, rail freight wagons, and components. So you can clearly make it out that this business is more of associate to government order i.e. Railways and also large cap companies which is into the business of making heavy weight vehicles etc. Overall good business line. Lets now look at some numbers; here is the 1 Years Price movement chart of Jupiter Wagons Ltd with 20 & 50 DMA (Day Moving Average); created a high of ₹ 748 and low of ₹ 262
| Market Cap in Cr. | Current Price | High/Low |
|---|---|---|
| ₹ 23,438 Cr. | ₹ 551 | ₹ 748/ 262 |
Conclusion; My Key takeaways - FIIs Investing...
- The stock has a good market cap of 23K+ Cr. so not a penny stock with a good business line
- JWL has has delivered good profit growth of 80.1% CAGR over last 5 years again a good indicator for the stock
- Looking at its competitors who are Jyoti CNC Auto, Titagarh Rail, Action Const. Eq. and others Jupiter Wagons price is cheap trading around Rs.551/- as noted above.
- No major debt to the company
And finally before I end this post have a look at the shareholding patter of JWL. As highlighted in the red box just see the pattern for FIIs [Foreign Institutional Investors ] stake has increased in last couple of quarters; currently stands above 5% and hence this is also a good sign. Looking at all these parameters, I have decided to add JWL to my stock watch list and a dip from here would be a buy from my side.. I am looking to invest around Rs.25K+ and that too in small chunks so lets see how this stock pick performs in long run and will continue to track the stock and at every dip from here on its going to be purchase from my side.... Happy Investing....cheers
Stock Market 101:: Why I am Investing in Stock - Jupiter Wagons Ltd...
#stock #stockmarket #nse #bse #jwl #jupiter #jupiterwagons #investment #finance #strategy #sensex #indiastockmarket
Have Your Say On the Jupiter Wagons Ltd; ticker:: JWL
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Are you invested in the Jupiter Wagons Ltd? Short term Vs Long Term? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.