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GagandeepSinghTaluja
Jun 15, 2017 1:28 PM

Garware Wall Ropes Long

Description

Fundamentals-
1)A very attractive company in the business of ropes(all kinds of ropes-fishing nets/domestic ropes/fishing ropes/shipping ropes etc).
2)Market leader in sales and other sectoral numbers, enjoys a competent premium.
3)Company is beating the sectoral growth rate, operating profit, sales etc YoY.
4)A very clean balance sheet
5)Numbers like Operating profit, net sales are doubling YoY @>20%


Technicals-
1)Stock is a bull stock

Keynote-->Its a good stock that can be accumulated at every dip.


CMP-849(15th June'2017)
1st target-1200(6-8 months)

Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.

Comment

8% return in 4 months!
More to come!
Comments
shiyas
what a lovely chart. wonder what pe this is in now
LSE2015
@shiyas, PE is still very lucrative compared to the potential of this company.It trading at 19 PE still a lot of steam is left.
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