GAEL- Near Multi Year Breakout

CMP : 398.3
Date -01-02-2024
Gujarat Ambuja Exports Ltd is an India based company that is principally involved in Agro- processing business.Alow debt company with zero promoter pledge. The company is at the forefront for offering one-stop solutions for ingredients to various food pharmaceuticals and animal nutrition companies. Stock is near its 52 week high. It is heard that company will consider a bonus issue in its next board meeting. Already stock has completed a rounding bottom and also in preparation to complete cup and handle pattern. The news of bonus issue also boosts the share price. Stoploss @ ₹.375 levels.

Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly


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