AMAL LTD
AMAL 3months chart, price is in constant HH HL formation, above 441 we will get M+W+D breakout. 1st tgt 500. Promoter holdings are increasing every month which shows promoter is keeping control of the business
Comment
Atul Ltd holds 49.86% in Amal majorly through its investing company Atul Finserv Limited. Furthermore, Aagam Holdings Pvt Ltd; a company owned by promoters of Atul Limited holds another majority stake of 16.04% as of June 30, 2023.
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