Let's evaluate the stock
AMI Organics is technically showing a pretty good Cup and Handle Pattern.
The fundamentals are also decent with ROCE at 16% and Sales Growth at 15% with little debt.
The stock has seen huge institutional accumulation in the last quarter with FIIs and DIIs increasing their stake by almost 11% in the stock. The Stock can BO to achieve short term targets T1 and T2, if the rally will sustain in the long run will be clear after Q2 results.
*Not an investment advice, for educational purposes only*