SmallCap Growth Stock of Chemical Industry- FCL

Finitex Chemical Ltd

Technical Analysis
-Stock is Trading above 9 EMA in daily Chart.
- Retested the BREAKOUT of Dec 2022
- Reversal candle Supported by Volume
-Respecting Trending Since Nov2021
-Red areas are Weekly Supply Zones

Fundamentals Analysis
- This is Growth STOCK with high PE of 35
- ROE & ROCE above 30%
-Topline & Bottom line of P&L is Superb
-Presence of HNI, FII & DII here
- Healthy Promoters holding of 65%.

Shaikhoology's View
Technically - Bullish, more upsides above WSZ
Fundamentally - If Growth Continues then Valuations will be attractive and multibaggar story unfolds.

Disclaimer - I am not SEBI REGISTERED ANALYST, Shared for educational purposes only. DYOR

If you like my analysis then support this analysis, share your views below in comments.

Related Ideas


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.