Small Cap Idea for Short Term: EAST WEST Holding

The last time we covered this stock was on June 09 and target all stocks to the upside

Company Background:

EAST WEST Holding was incorporated in 1981 under the Companies Act 1956 and mainly engaged in general trading, buying and selling of all types of merchandise and merchandise and acting as buying, selling or commission agents. The main objectives of the company are to continue the business of providing logistics solutions including air, sea and land freight operations.

East West Freight Carriers Ltd (EWFCL) which has had its presence in the Indian freight and logistics space for over 40 years and ranks as the leader in air freight in India Companies operating in Asia, Middle East, USA, Europe, Africa and Australia have become a wholly owned subsidiary of our EAST WEST HOLDINGS LIMITED (EWHL).

EAST WEST Holding is listed in BSE with TICKER EASTWEST | 540006 |

The global logistics industry is expected to reach Worth $6537 Billion by 2025, Growing in CAGR from 4.7% during 2020-25. According to recent articles and a representativeOr, this will be primarily driven by a multimeterple Slides and one that stands out is emailrce. Facing the end of 2019 and the beginning of 2020my valley Uncertainty due to general stress across the economys. Business sentiment fell sharplywe slices due to this epidemic. However, due to the persistenceUnremarkable efforts by governments across countries, traFrom It is expected to take a U-shaped recovery. LogisticsThe construction sector also faced a slowdown in terms of reduced trafficFrom sizes across ports. However, the Indian logistics The sector has strong roots to grow because of its dimAnd Visibility across industries and supply that can be accessed through investment initiatives underare taken By the government and other players in the field

East and West freight carriers which the A wholly owned subsidiary of East West Holding Company may been Expand their overall product offerings through Provide value-added services to its customers to trIt constitutes itself as a complete logistic end Solution Provider. East and West have assumed structural importanceTo expand its worldwide network for its profileAnd Shipping business. We’ve been providing it all the timeg more value for our customers to create more sustainable offer. In the shipping business, the company recently entered into an agreementR L Acquisition of a special entity called Marinetrans India PVt. Ltd. which is engaged in providing freight forwarding Services to Europe, Africa, Gulf and Middle East cthe countries. Upon completion of the acquisition, EWHthe It is expected to add 15,000 containers to Current shipping business and then translation into Additional revenue of INR 1,200 crore.

EAST WEST Holding pays dividends and also awarded a bonus last year. The company’s financial information can be found here. Amman Stock Exchange

Al-Morouj Holding 64% according to the latest BSE ad

Compnay has an Extraordinary General Assembly meeting on January 20 to discuss item No. 3: Raising funds through the issuance of equity shares on the basis of preferential allocation to non-promoters – general category of cash


weekly chart

EAST WEST Holding has been trading in the 7.2-11.07 trading range for the past few months forming a BOX pattern. Volumes have also seen an increase in the past few trading sessions. We have seen a weekly close above 11.5 which can be called a breakout on the daily and weekly charts. With the arrival of the EGM on January 20th, we can expect a new price hike towards 12.5/13.5 with a A strict value of Rs 10 gives us a good risk-reward ratio. Be strict with SL.

Traders can buy in the range of 11.3-11.5 with a stop loss of 10 with a target of 12/12.5/13

Above Post is for educational purposes. Please also do your own study before trading this stock and trading in small quantities also is strict with Stoploss.

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