In contrast to the same period last year (Q2FY24), Bajaj Auto's Q2FY25 financial results demonstrate consistent increase across key measures. Here is a brief summary of the figures:
Q2FY25: ₹2,005 crore
Q2FY24: ₹1,836 crore
Estimates: ₹2,228 crore
Despite falling short of the estimated ₹2,228 crore, Bajaj Auto’s net profit rose by 9.2% compared to last year.
Q2FY25: ₹13,127 crore
Q2FY24: ₹10,777 crore
Estimates: ₹13,270 crore
Bajaj Auto achieved a significant 21.8% growth in revenue compared to Q2FY24, though it came slightly below the estimated ₹13,270 crore.
Q2FY25: ₹2,652 crore
Q2FY24: ₹2,133 crore
Estimates: ₹2,704 crore
EBITDA grew by 24.3% year-over-year but was marginally lower than the forecast of ₹2,704 crore.
Q2FY25: 20.2%
Q2FY24: 19.8%
Estimates: 20.4%
The EBITDA margin has shown improvement, increasing to 20.2%, close to the market estimate of 20.4%.
Overall, Bajaj Auto's financial performance in Q2FY25 demonstrates consistent growth in revenue, profitability, and margins compared to the previous year. However, it fell slightly short of analysts' estimates in all categories. This update reflects a robust performance for the company despite minor shortfalls in hitting projected targets.
Source: CNBC
Price Patterns are shapes or formations on charts that can be categorized and used to predict future price movements.
These patterns have been seen repeatedly across different charts and times, proving their reliability.
Classification of Patterns
Reversal patterns are important signals in trading that suggest a current trend (whether it's going up or down) might soon change direction. They usually appear after a long period of a particular trend. These patterns help traders predict when a trend might be ending and a new one might start.
Common examples of reversal patterns include:
Continuation patterns are signals in trading that suggest a brief pause in the current trend, but the trend is likely to continue in the same direction after the pause. In other words, the trend takes a short break and then keeps going.
Common examples of continuation patterns include:
In this blog, we will have a brief look at how these patterns look.
Double Top : A Double Top is a bearish reversal pattern that signals a potential end to an uptrend. It forms when the price creates two high points (highs) at nearly the same level, separated by a period of time.
Tip: One will find double top developing often in stocks but one must look at the prior trend and volume to rely on the formation.
Double Bottom
A Double Bottom pattern is a bullish reversal pattern signalling a potential end to a downtrend.
Triple Top
A Triple Top is a bearish reversal pattern that indicates the potential end of an uptrend. It features three distinct high points at roughly the same price level. Here’s a simplified explanation:
Tip: Pattern is complete when the both lows have been broken on heavier volume.
Triple Bottom
A Triple Bottom is a bullish reversal pattern that signals the potential end of a downtrend. It features three distinct low points at roughly the same price level.
Head & Shoulders
Inverse Head and Shoulders
The Inverse Head and Shoulders, signals a potential change from a downtrend to an uptrend. Here’s how it forms:
When the price breaks above the neckline, it suggests the downtrend may be ending, and the price could start rising.
Broadening Formations
Broadening Formations are patterns where the price creates an expanding triangle. Unlike regular triangles, where the trend lines come together, broadening formations have trend lines that spread out, making the shape of an expanding triangle.
In simple terms, as the price moves, the highs and lows get further apart, creating a pattern that looks like an expanding triangle.
Broadening Bottoms
A Broadening bottom looks like a megaphone and appears during a downtrend. It features:
This pattern is a bullish reversal signal, meaning that after it forms, the price trend is likely to shift from down to up.
Volume: Trading volume is often uneven but tends to rise when the price goes up and fall when the price goes down.
Broadening Wedges Ascending
A Broadening Wedges Ascending is a bearish reversal pattern where:
This pattern indicates that the current uptrend might be ending and a downtrend could begin
Broadening Wedges Descending
A Broadening Wedges Descending is a bullish reversal pattern where:
This pattern suggests that the downtrend might be ending and a new uptrend could start.
RISING WEDGE
A Rising Wedge is a bearish pattern that forms when prices start wide at the bottom and gradually narrow as they move higher. This pattern slopes upward and signals a potential drop in prices. Here's a simple breakdown:
Regardless of whether it's a continuation or a reversal, a rising wedge usually predicts a drop in prices.
Falling Wedge Pattern
A falling wedge is a chart pattern that looks like a downward-sloping cone. It starts wide at the top and gets narrower as the price moves lower.
Overall, whether it’s a continuation or a reversal, a falling wedge generally suggests that prices are likely to rise after the pattern finishes.
Rounding Top
Rounding Bottom
A rounding bottom pattern is a bullish consolidation pattern where the price trend gradually curves upward over time, resembling the shape of a cup. This pattern suggests that the market is slowly gaining strength and is likely to continue rising after the consolidation period.
Flags and Pennants are short-term continuation patterns that show a brief pause in a strong price move before the trend continues in the same direction. These patterns appear after a sharp rise or fall in price with high trading volume.
Flags look like small rectangles that slope against the trend. This pattern looks like a small rectangle that slopes against the main trend. Volume usually decreases during the formation, then picks up again when the price breaks out of the flag.
Pennants have a triangular shape. This pattern looks like a small triangle with converging trend lines and resembles a short symmetrical triangle. Like flags, volume typically decreases during the pattern and increases when the price breaks out.
Both patterns indicate a short break before the price resumes its previous direction, whether up or down.
Rectangle
A Rectangle is a continuation pattern that forms when the price moves within a set range during a break in the trend. It looks like a rectangle because the price has two highs and two lows that create parallel lines at the top and bottom.
This pattern shows that the price is pausing and is likely to continue in the same direction once it breaks out of the range.
Rectangle Top
Bullish Rectangle Pattern: This is a bullish reversal pattern where the price also moves within a horizontal range, with two horizontal trend lines. When the price breaks above this range, it usually indicates an upward move.
Rectangle Bottom
Bearish Rectangle Pattern: This is a bearish reversal pattern where the price moves within a horizontal range, forming two horizontal trend lines. When the price breaks below this range, it often signals a downward move.
Symmetrical Triangle
A Symmetrical Triangle pattern forms when two trend lines come together and create a triangle shape.
As the triangle forms, trading volume usually decreases. The pattern indicates that the price could break out in either direction when it reaches the apex.
Ascending Triangle
An Ascending Triangle is a bullish pattern that generally forms during an uptrend. It features:
This pattern often signals that the price will keep rising after the triangle forms. It can also appear at the end of a downtrend as a reversal pattern, but it's usually a continuation pattern that shows the price is likely to keep going up.
A Descending Triangle is a bearish pattern that usually forms during a downtrend. It has:
This pattern often signals that the price will continue to fall after the triangle forms. It can also appear at the end of an uptrend as a reversal pattern, but it typically indicates the price is likely to keep going down.
Swastika has reported stellar growth in Q1FY25, with significant improvements in all key financial metrics compared to the same period last year. Here are the highlights:
Key Highlights:
Net Profit: ₹6.27 crore, up from ₹1.72 crore in Q1FY24
Revenue: ₹38.52 crore, a strong increase from ₹22.08 crore
EBITA: ₹10.63 crore, a significant rise from ₹3.63 crore
This impressive performance underscores Swastika's strategic initiatives and strong market position. As we continue to innovate and expand, we remain committed to delivering value to our stakeholders.
Disclaimer: Investment in the securities market is subject to market risks. Please read all related documents carefully before investing.
For more details, visit Swastika's website.Source: CNBC
For more details, visit Swastika's website.
Source: CNBC
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For more details, visit Swastika's website.Source: CNBC
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Bajaj has released its financial results for the first quarter of FY25:
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Net Profit: ₹1,988 crore
Previous Quarter (Q1 FY24): ₹1,665 crore
Estimated: ₹1,896 crore
Revenue: ₹11,928 crore
Previous Quarter (Q1 FY24): ₹10,304 crore
Estimated: ₹11,700 crore
EBIT (Earnings Before Interest and Taxes): ₹2,035 crore
Previous Quarter (Q1 FY24): ₹1,954 crore
Estimated: ₹2,360 crore
EBITDA Margin: 20.25%
Previous Quarter (Q1 FY24): 19%
Estimated: 20%
Stay updated with Swastika Investmart for more financial insights.
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Infosys has released its financial results for the first quarter of FY25:
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Net Profit: ₹6,368 crore
Previous Quarter (Q4 FY24): ₹7,975 crore
Estimated: ₹6,198 crore
Revenue: ₹39,315 crore
Previous Quarter (Q4 FY24): ₹37,923 crore
Estimated: ₹38,905 crore
EBIT (Earnings Before Interest and Taxes): ₹8,288 crore
Previous Quarter (Q4 FY24): ₹7,621 crore
Estimated: ₹8,040 crore
EBITDA Margin: 21.1%
Previous Quarter (Q4 FY24): 20.1%
Estimated: 20.7%
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