Triveni Engineering and Industries Short-Term Trading Idea💡

Introduction

Triveni Engineering and Industries Ltd is an Integrated and diversified conglomerate in areas of sugar, ethanol and engineering. it is located strategically in sugarcane-rich western and central belt of UP. The company is among the Top 3 manufacturers in India for sugar & second highest supplier for ethanol.

Observation

Stock Trade in channel from last 2 year+ making HH, HL today stock breakout the channel with good volume let it sustain above the retracement level one and two which I have marked on the chart. Once it sustains that level it can go as high as my marked levels 528.

10-day series (Day 3)

What is Credit risk? 🤔

Here is the advance answer with example 👇

Credit risk

Credit risk is the risk that a borrower (such as a corporation or government) will default on their debt obligations, meaning they fail to make the required interest or principal payments.

Example:

Imagine you invest in corporate bonds issued by a company.

  • Scenario:
    • If the company is financially stable, it should have no problem paying you the interest and eventually returning your principal at the bond's maturity.
    • However, if the company experiences financial trouble and cannot generate enough revenue, it might default on its bond payments.
    • As a bondholder, you may lose the interest income, and in the worst-case scenario, you might not get your principal back.

Summary:

Credit risk is the risk that a borrower will fail to meet their financial obligations, leading to a loss for the lender or investor.

Let's touch fundamentals

Stock PE is 27, ROCE 15, ROE 20, Debt is .49 which is high, Public Holding 25%, Promotor holding 61%, 

If we talk about this stock standard deviation so stock average return fluctuating fast that indicates stock is more volatile

Technical Analysis & indicators 🔍

Weekly Chart

Rounding Bottom

Educational content

This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.

Wed Aug 21, 2024

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