STOCK REVIEW- KAYA LIMITED

BRIEF:  KAYA LTD STARTED ITS JOURNEY ON 27TH MARCH 2003. IT HAS NOW EXPANDED WITH A RANGE OF KAYA CLINICS ACROSS INDIA AND MIDDLE EAST. TO TAP THE INCREASING NEED OF LOOKING NATURALLY GOOD, KAYA OPENED ITS FIRST CLINIC IN 2002 WITH AN OBJECTIVE TO DELIVER FLAWLESS SKIN TO BOTH MEN AND WOMEN.

TODAY, KAYA CLINICS OFFER THE BEST SOLUTIONS THAT ENHANCE THE LOOK AND FEEL OF YOUR SKIN AND HAIR BEAUTIFULLY. ALL THIS TAKES PLACE IN OUR STATE-OF-ART AND AMBIENT CLINICS, WITH THE SERVICES DESIGNED AND SUPERVISED BY THE TEAM OF EXPERTS THAT INCLUDE TRAINED DERMATOLOGISTS AND BEAUTY THERAPISTS. KAYA’S EXPERTS PUT FORWARD THEIR IN-DEPTH RESEARCH TO DEVELOP PRODUCTS FROM 13 DISTINCT SKIN CARE RANGES.

KAYA CLINICS ARE PINNED ACROSS 27 CITIES WITH A TOTAL OF 94 CLINICS ACROSS INDIA AND 23 IN THE MIDDLE EAST. THIS EXTENSIVE REACH SERVES 8,00,000 CUSTOMERS.

COMPANY PROFILE:

FINANCIAL Q-Q                                                                                                        (₹ IN CRORES)

SHARE HOLDING PATTERNQ-Q

TECHNICAL NOTES:

• LONG TERM TREND: DOWN- TREND
• INTERMEDIATE TERM TREND: DOWN- TREND
• SHORT TERM TREND: SIDEWAYS

STOCK IS AT IMPORTANT MULTI- YEAR SUPPPORT, STOCK IS TRADING BELOW 55 AND 89 EMA, ABOVE ₹350-400, STOCK TREND WILL CHANGE FOR THE UPWARD TREND, MANAGEMENT HAS GIVEN FORWARD LOOKING STATEMENT AND IS VERY OPTIMISTIC WITH THE INDIA AND MIDDLE EAST GROWTH, MANAGEMENT IS VERY KEEN AND FOCUSED IN REDUCING DEBT AND ALSO HAVE COMPLETED THE MAJOR EXPANSION FOR THE YEAR.

• CMP ₹301 AS ON 18^TH AUG’2022
• STOCK SUPPORT- ₹270-250
• STOCK IS TRADING 80% BELOW FROM ITS ALL TIME HIGH OF ₹1540 ON 17^TH AUG’2015

LOOKING AT THE TECHNICAL STRUCTURE ONE CAN USE THIS OPPORTUNITY TO TRADE AND INVEST WITH SMALL STOP LOSS. ANY RE RATING AND SIGNIFICANT REDUCTION IN DEBT WILL GIVE BOOST TO THIS COUNTER FOR UPSIDE.

NOTE: ALWAYS USE STOP LOSS TO SAFE GUARD YOUR PORTFOLIO AND WEALTH.

REVIEW REPORT PREPARED BY;

KUNNJ LALKA