1)A very attractive company in the niche space of biotechnology and enzymes.
2)Company has been growing on 10% rate.
3)numbers like Operating profit, net sales are doubling YoY @>15%
4)It is a NIche player in niche space and hence will enjoy less competition and more growth
1)Stock ihas been split recently from the levels of 2200 to 350.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> DSP Blackrock microcap fund holds 1.2% shares of this company.(Source-BSE India)
Positive News2--> Motilal Oswal Most Focused Multicap 35 Fund currently holds 3L shares of this company.(Source-BSE India, Economic times)
Positive News3--> Reliancesmall Cap Fund holds 3L shares of this company.(Source-BSE India, Economic times).
Positive News4--> Promoter has hugely increased his stake in march'2017
1st target-500(6-8 months)
2nd Target-800(12-15 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
I am personally invested in this company and think that this is a short term dip which would be recovered in long term.
My personal opinion is to hold.
As per technical charts, there is a stong support of 308 which has been touched earlier and the stock has always bounced back from there.
The fall that you are seeing is more or less because of market sentiment and correction in stocks that pulls down many stocks.
To help you further and to make a decision of buying or holding for you, can you let me know your exact portfolio, money invested, avg holding price etc, because averagign is good when there comes out to a major diff in the holding price and the market price.
INcase you want to touch base i'll PM you my details.
Total Shares : 188
Avg Buy Price : 342.09
Advanced Enzymes is about 13% Holding in my overall portfolio .
Thank you for your Support :)
How was the Result and what is your view :) Could you please guide us ?