Dynemic Products - Breakout & Undervalution
The company posted a good result on Friday. Its closest competitor is Vidhi Speciality and its barely at 50% its valuation. The company is spent about 150cr on expansion which will soon come onstream. The marketcap of this company is only 330cr approx. The expansion got delayed due to covid else it wouldve come onstream aug/sept 2020.
Technically the stock has just broken out and is at an all time high. There is a chance it first pulls back so it can be got in 2-3 phases..Start with 50% of desired position and then scale it gradually..Ideally at the balance 50% on a breakout retest.
This is more worth an investment pick for the next 12-18 months based off the expansion coming onboard.
Technically the stock has just broken out and is at an all time high. There is a chance it first pulls back so it can be got in 2-3 phases..Start with 50% of desired position and then scale it gradually..Ideally at the balance 50% on a breakout retest.
This is more worth an investment pick for the next 12-18 months based off the expansion coming onboard.
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