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DOLLAR
401234567899012345678990123456789.0012345678950123456789
+6.85 (+1.39%)
Previous Close: 492.2
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FOMC raises rates by 75 basis points to 2.50%. The #Dollar lower after the decision while #Gold and indices are up. #Gold + $6.3 +0.37% #Nasdaq +65 pts +0.53% #DowJones +118 pts +0.36%. All eyes now on FOMC Conference. #NIFTYBANK #NIFTY50

Ambati

#DOLLAR Industries Q4FY22 Earnings Call KTAs: *CMP: Rs.421* *M-Cap: Rs.24bn* *Company Snapshot:* Dollar Industries (Dollar) is primarily engaged in manufacture and sale of hosiery products in knitted inner wears, casual wears and thermal wears. Dollar aims to achieve Rs20bn revenue by FY25. *The company has guided for ~15% topline growth led by volumes and EBITDA Margin guidance of ~17% during FY23.* The company has a strength of over 1100+ distributers and presence in 15+ countries. Dollar claims to be the highest selling Indian innerwear & knitwear brand in the UAE & Middle East. The exporting countries are mainly Middle Eastern & other Asian countries. During FY22, exports grew 112% to Rs.1.33bn. The company has 4 manufacturing facilities spread across India performing the tasks of spinning with a capacity of 400 tonnes/month, knitting with a capacity of 300 tonnes/month & dyeing & bleaching with a capacity of 400 tonnes/month. Dollar sells its retail products under the name of Big Boss, Champion, Missy, Dollar & more however it also has some standalone brands like Club, RKG & Force. The company inaugurated its first EBO in October 2021 under FOFO model (Franchisee Owned Franchisee Operated). Dollar entered into a 51:49 JV with G.O.A.T Brands Lab Pte for Pepe Jeans Innerfashion Pvt. Ltd. G.O.A.T Brands Lab Pte acquired 50% stake of Pepe and additional 2% non-voting equity. The new JV will be multi brand distributor dealing with all kinds of men, women and kids wear including undergarments, athleisure and sportswear made of natural fibres and MMF. The joint venture would undertake business in the territories of India, Sri Lanka, Bhutan, Nepal and Bangladesh. *Q4FY22 Results:* Dollar revenues rose 21.4% in 4QFY22 to Rs3.7bn from Rs3.1bn YoY. The gross margin came in at 32.1% vs 34.9% (YoY) while gross profit increased to Rs1.2bn from Rs.1.1bnin Q4FY21. The EBITDA in 4QFY22 came in at Rs 592 mn compared to Rs332.5mn in Q4FY21 translating in a EBITDA margin of 15.7% versus 10.7% in 4QFY21 an expansion of 500bps. The PAT rose 85% to Rs371mn from Rs201mn YoY. *Guidance & Outlook:* *Contribution from value and volume:* During 4QFY22 the volume growth was down by ~1.5-2%, while value growth was ~23%. During FY22 out of 30.4% revenue growth the value growth contributed ~21% while volume growth was 9%. Dollar aims grow at 15-17% in FY23E driven by 9-10%volume growth. *EBITDA Margin Guidance of ~ 17-17.5% for FY23:* During FY22 its EBITDA margin improved by 285 bps YoY and stood at 16.45%. The company has given a guidance of ~17-17.5% EBITDA margin in spite of sharp increase planned for Ad spend (Rs.1bn expected in FY23E). *Raw material prices continue to be on higher side:* The management believes the raw materials market will remain volatile in the near future. The company undertook price hikes in 4-4.5% in Apr’22 and some hike in June’22. With the continued cost spiral (cotton candy prices increased to Rs115K compared to Rs75K in Jan’22 and hovering ~88K currently) company can take some more price hike if required. *Capex plans:* The capex for FY22/FY23 is around Rs400mn/Rs850mn related to the new integrated warehouse (Rs.500mn) and spinning capacity (Rs650mn). The management aims to complete the project by FY23. *Project Lakshya in focus:* The Company continues its focus on Lakshya with 142 distributors under project Lakshya by end of FY22 form ~51 at the beginning of the FY22 and aims to bring ~200 more distributor under Lakshya in FY23E and ~70% of overall distributors under this project by FY25. *Targeting 25 EBOs in FY23:* Dollar plans to increase the number of EBOs in the current financial year by starting launches in U.P. & Rajasthan & then move into other states graudally. All stores in FOFO model. The number of EBOs is target to reach to ~125 by FY25. *Other KTAs:* Dollar has started the process of consolidating all its warehouses into a single warehouse to build operational efficiencies. Further the company aims for an integrated warehouse by FY23. *Modern Retail share improving:* The modern retails sales are improving with 3% revenue contribution in FY22 moving up to 2% in FY21. The company aims to achieve 8% revenue contribution by end FY25. Currently Dollar has relatively weak presence in revenues from South India (7%) compared to other regions like North (44%), East (24%) and West + Central (25%) . Hence focus will be on South region through Lakshya. The company has completed Karnataka and Telangana is currently underway with next target as Kerala and Tamil-Nadu. The management indicated south potential increase to 12% in revenues. *Thanks & Regards*

Nik

BSC News: 🌟Good Morning All🌟 ☀️ BSC Exclusive Morning Market News & Update☀️ 💫Biocon: The company’s subsidiary Biocon Biologics and Viatris Inc launched Abevmy, a biosimilar, in Canada. 💫DishTV: The company will hold extraordinary general meeting on June 24. 💫Hindustan Aeronautics: The company was granted the Type certification of first Indigenous Light Transport civil passenger aircraft. Hindustan 228-201 aircraft is the first Type certified fixed wing aircraft in India complying with latest FAR 23 certification requirement. Pledged Shares Details ⭐Chambal Fertilisers and Chemicals: Promoter Zuari Global pledged 4.5 lakh shares on May 17. ⭐Stove Kraft: Promoter and Director Rajendra Gandhi pledged 3 lakh shares on May 13. Insider Trades 🍁Anant Raj: Promoter Group Roma Sarin bought 2 lakh shares on May 18. 🍁Shriram City Union Finance: Promoter Group Shriram Value Services bought 947 shares on May 16. 🍁Heranba Industries: Promoter Raghuram K Shetty bought 11,000 shares on May 18. Who's Meeting Whom 🔥Zomato: To meet investors and analysts on May 24. 🔥Equitas Small Finance Bank: To meet investors and analysts on May 20. 🔥Sanghi Cement: To meet investors and analysts on May 25. 🔥Ultratech Cement: To meet investors and analysts on May 20. 🔥United Spirits: To meet investors and analysts on May 30. 🔥S.J.S. Enterprises: To meet investors and analysts on May 27. 🔥Supriya Lifescience: To meet investors and analysts on May 23. 🔥Kajaria Ceramics: To meet investors and analysts on May 23. 🔥Valiant Organics: To meet investors and analysts on May 25. 🔥Sobha: To meet investors and analysts on May 21. 🔥BirlaSoft: To meet investors and analysts on May 24. 🔥Patel Engineering: To meet investors and analysts on May 23. 🔥Ester Industries: To meet investors and analysts on May 23. 🔥Quess Corp: To meet investors and analysts on May 27. Trading Tweaks 💥Price Band Revised From 10% To 5%: Ruchi Soya Industries, Mangalore Refinery & Petrochemicals 💥Price Band Revised From 20% To 10%: Uttam Sugar Mills, Rattanindia Enterprises 💥Ex-Date Dividend: Trent 💥Ex-Date Interim Dividend: Kewal Kiran Clothing 💥Move Into Short-Term ASM Framework: Datamatics Global Services, Ruchi Soya Industries, Kewal Kiran Clothing Money Market Update ☀️The rupee ended at Rs 77.26 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 77.58.#NIFTY50 #NIFTYBANK #CRUDEOIL #DOLLAR

# ENRICHANSRAJ - PANDEY

#MarketsWithETNOW #DowJones slips over 600 points; CAC & DAX down 4% each Oil up over 10%, Gold up 1% #Dollar Index above 97, near 2022 high; US 10Y at 1.7%, near 2022 low #SGXNifty declines 250 points

Shiv

Elavarasan

List of breakout stocks from the textile sector: ------------------------ Dollar Industries: The stock had witnessed a massive run-up in the first hour of the trading session with almost 70 per cent of the day’s range covered in the first hour. It was followed by a consolidation wherein, the stock did not breach the level of 50 percent of the first-hour candle; thereby, suggesting that the stock is taking a back seat after a strong upmove initially and could see good momentum once it has moved above the day’s high in the coming sessions. #DOLLAR Nagreeka Exports: The stock got locked at an upper circuit and volumes too were on the higher side, which indicates buying interest in the stock. #NAGREEKEXP Pearl Global Industries (PGIL): The stock made a fresh high got locked at 10 percent upper circuit and the volumes recorded were greater than the past 20 trading sessions. #PGIL Trident: Trident, being one of traders’ favourite stocks, also got locked at the upper circuit limit of 5 per cent during Wednesday’s session. #TRIDENT

KrisDom Investor

Swap

https://economictimes.indiatimes.com/markets/forex/vaccine-developments-keep-dollar-down-kiwi-hits-2-year-high/articleshow/79373293.cms #ASTRAZEN #DOLLAR

NewsBot

Ambati-display-image
Reputation: 715  •  Jul 27 5:13 AM

FOMC raises rates by 75 basis points to 2.50%. The #Dollar lower after the decision while #Gold and indices are up.
#Gold + $6.3 +0.37%
#Nasdaq +65 pts +0.53%
#DowJones +118 pts +0.36%.
All eyes now on FOMC Conference.
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Nik-display-image
Reputation: 17,576  •  Jul 13 12:16 PM

#DOLLAR Industries Q4FY22 Earnings Call KTAs:

*CMP: Rs.421*
*M-Cap: Rs.24bn*

*Company Snapshot:*
Dollar Industries (Dollar) is primarily engaged in manufacture and sale of hosiery products in knitted inner wears, casual wears and thermal wears. Dollar aims to achieve Rs20bn re......read more
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# ENRICHANSRAJ - PANDEY-display-image
Reputation: 17,633  •  May 20 2:38 AM

BSC News:
🌟Good Morning All🌟
☀️ BSC Exclusive Morning Market News & Update☀️
💫Biocon: The company’s subsidiary Biocon Biologics and Viatris Inc launched Abevmy, a biosimilar, in Canada.
💫DishTV: The company will hold extraordinary general meeting on June 24.
💫Hindustan Aero......read more
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M
Reputation: 432  •  May 4 2:39 AM

POSITIONAL LOOKS GOOD
DOLLAR INDUSTRIES
CMP. 585
SUPPORT. 535
RESISTANCE OPEN TO SKY#
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M
Reputation: 432  •  May 4 2:12 AM

POSITIONAL LOOKS GOOD
DOLLAR INDUSTRIES
CMP. 585
SUPPORT. 535
RESISTANCE OPEN TO SKY
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Shiv-display-image
Reputation: 152  •  Mar 2 5:59 AM

#MarketsWithETNOW
#DowJones slips over 600 points; CAC & DAX down 4% each
Oil up over 10%, Gold up 1%
#Dollar Index above 97, near 2022 high; US 10Y at 1.7%, near 2022 low
#SGXNifty declines 250 points
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Spoiledbrahmin-display-image
Reputation: 1,198  •  Jan 28 2:44 AM

#DOLLAR Q3 : CONS. NET PROFIT UP 60 % AT 44.35 CR ( YOY), UP 1 % ( QOQ)
REVENUE UP 23 % AT 382 CR ( YOY), DOWN 2 % ( QOQ)
EBITDA UP 49 % AT 64.2 CR ( YOY), FLAT ( QOQ)
MARGINS AT 16.8 % V 13.86 %( YOY), 16.4 %( QOQ)
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9amPrime-display-image
Reputation: 9,084  •  Jan 17 3:01 AM
Breakout in Dollar Industries... for NSE:DOLLAR by MandeepSinghKohli
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TradingView
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Neeraj Puri Goswami-display-image
Reputation: 11,404  •  Jan 14 3:35 AM

#DOLLAR : Dollar was suggested for short term when it was trading at 530 on my post dated 10th jan 2022, Today it made high 633. Hope you enjoyed this call
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Equity And Option Trader-display-image
Reputation: 35,738  •  Jan 12 9:22 AM
EQUITY AND OPTION TRADER in DOLLAR
https://in.tradingview.com/chart/DOLLAR/Te0TEN5...

#DOLLAR From 535 to 579. Closing above 580, it'll be rocket!
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Equity And Option Trader-display-image
Reputation: 35,738  •  Jan 10 11:32 AM
POSSIBLE BREAKOUT CANDIDATE! for NSE:DOLLAR by Equity_OptionTrader
Stock is making a Mega Phone on DTF. Rising with good volume. May face resistance around 575-580 levels, thus that should be short term target. However, if managed to break out the pattern, one can be prepared for some serious gains in coming weeks. Keep in watchlist! CMP 535.10 Short Term Target: 575+ Mid Term Target : 650+ Long Term Target: 850+
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Neeraj Puri Goswami-display-image
Reputation: 11,404  •  Jan 10 3:18 AM

#DOLLAR : Short term call : Fresh uptrend noticed in Dollar Ind. now trading at 530. Maintain stoploss at 6-7% down from here. Expect further uptrend.
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V
Reputation: 1,667  •  Oct 11, 2021 3:27 AM

positional buy 440
sl 410
tgt 500 / 550
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IyerAndTrader DIY-display-image
Reputation: 432  •  Oct 7, 2021 8:12 AM

#DOLLAR close above 409 is good .. volume expansion but still more volumes need to come for big move..
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Equity And Option Trader-display-image
Reputation: 35,738  •  Sep 15, 2021 8:41 AM

Looking good for BTST/For coming days... (Strictly cash)
BTST involves risk of Gap Downs because of Global cues. Consider that before entering.
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Aziz Khan-display-image
Reputation: 5,181  •  Sep 7, 2021 2:33 AM

#STOCKSTOBUY
#BREAKSOUT
#CHARTOFTHEDAY
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lowkey-display-image
Reputation: 1,804  •  Aug 31, 2021 7:49 AM

Dollar Industries
Cmp 349
Data looks good and now consolidating. Bulls should get a hold now.
Expecting a good move in coming days.
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Money Mug-display-image
Reputation: 1,945  •  Aug 2, 2021 4:18 AM

SHORT TERM TRADING CALL: BUY DOLLAR@370-355 SL 335 TGT 445-500 CMP(368) (DURATION 1-3 MONTH)
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KrisDom Investor-display-image
Reputation: 30,513  •  Jul 29, 2021 4:10 AM

List of breakout stocks from the textile sector:
------------------------
Dollar Industries: The stock had witnessed a massive run-up in the first hour of the trading session with almost 70 per cent of the day’s range covered in the first hour. It was followed by a consolid......read more
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Elavarasan-display-image
Reputation: 7,532  •  Jun 23, 2021 12:36 PM

#DOLLAR started falling again , gud for metals
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TradeAdda-display-image
Reputation: 53,101  •  May 31, 2021 1:56 AM

*Stocks in News*
*Bank of Baroda:* The bank posted loss of Rs 1,046.5 crore in Q4FY21 against profit of Rs 506.59 crore in Q4FY20. Net interest income rose Rs 7,106.62 crore from Rs 6,798.18 crore YoY.
*Divi's Laboratories:* Consolidated profit increased to Rs 502.02 crore in Q4F......read more
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Neeraj Puri Goswami-display-image
Reputation: 11,404  •  May 24, 2021 5:28 AM

#DOLLAR now at 300. Some uptrend expected from here
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Equity And Option Trader-display-image
Reputation: 35,738  •  May 21, 2021 5:18 AM
EQUITY AND OPTION TRADER in DOLLAR
Trade entered: Buy DOLLAR @276.7 Target@300 SL@...
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Akshay Bothra-display-image
Reputation: 16  •  Dec 15, 2020 9:11 AM
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SPARK99-display-image
Reputation: 793  •  Aug 21, 2020 3:30 AM
SPARK99 in DOLLAR
Dollar Ind BUY PRICE:- 161/163 TARGET PRICE:- ...

WAITING THIS CALL NOT ACTIVE
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SPARK99-display-image
Reputation: 793  •  Aug 21, 2020 3:24 AM
Trading and Investment Call service by SPARK99
To make money you have to be discipline.Money only made by simple thing as you can see my stock analysis everyday,Trading is easy but we make it complicated, I am not SEBI Register,Before taking any trade plan you risk.
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M Capital Investment -display-image
Reputation: 1,063  •  Nov 21, 2019 12:47 PM

Commodity Alert - Unemployment Claims (Actual/Forecast) 227K/215K Data is Negative For Dollar
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M Capital Investment -display-image
Reputation: 1,063  •  Nov 21, 2019 12:47 PM

Commodity Alert - Philly Fed Manufacturing Index (Actual/Forecast) 10.4/7.0 Data is Supportive For Dollar
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Finvest Guruji-display-image
Reputation: 6,965  •  Nov 14, 2019 4:17 AM
RJ ROCKET TRADES in DOLLAR
*BUY DOLLAR IND* *CMP 168* *TG 178/185/190* *SL...

**jackpot buy in tata elxsi guys ready for 800+++**
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Finvest Guruji-display-image
Reputation: 6,965  •  Nov 14, 2019 3:30 AM
RJ ROCKET TRADES in DOLLAR
*BUY DOLLAR IND* *CMP 168* *TG 178/185/190* *SL...

*big buy dollar ind fast guys we want 190++*
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Finvest Guruji-display-image
Reputation: 6,965  •  Nov 14, 2019 3:26 AM

*BUY DOLLAR IND*
*CMP 168*
*TG 178/185/190*
*SL 160*
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Finvest Guruji-display-image
Reputation: 6,965  •  Sep 4, 2019 6:16 AM
RJ ROCKET TRADES in DOLLAR
*SELL DOLLAR* *IN CASH CMP 205* *TG 198/195/190...

*Book profit in dollar guys 194 from 204*
*T2 hit*
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Finvest Guruji-display-image
Reputation: 6,965  •  Sep 4, 2019 3:00 AM
RJ ROCKET TRADES in DOLLAR
*SELL DOLLAR* *IN CASH CMP 205* *TG 198/195/190...

*Order for dollar rejected for many players*
*Wait for another trade*
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Finvest Guruji-display-image
Reputation: 6,965  •  Sep 4, 2019 2:49 AM

*SELL DOLLAR*
*IN CASH CMP 205*
*TG 198/195/190*
*SL 210*
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