RUCHIRA PAPERS - Buy for the target of 135 initial and rest later oN.. CMP 120.. SL 107..
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Ruchira Papers 130++ and company with mcap with 500crs and profit with 50crs.. Can be future multi-bagger stock 2X-3X-4X. Recently company said on July 13th that " It will reorganize its production capacity inline with the dynamics of an evolving marketplace " . Posted 87% higher q1 profit of 22crs with an eps of 7+ and estimated eps in FY24 is 29rs. PE at 4.5, Dividend at 50%, Promoter likely to increase stake in company as well.
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Ruchira Paper 142 and can be Multi-bagger down the line..Read my previous comment on it..
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RUCHIRA PAPER at breakout and Next level we can expect is 180 Zone..