VArun1000

GEE Ltd - Monthly Breakout - Investment Pick

Long
BSE:GEE   GEE LTD.
On the monthly chart, GEE ltd had given a breakout after 12+ years in July 2021, and since then has been consolidating in the range of 70-90. It is an ideal time to add it to your portfolio and one can keep the first target at 120 and hold it till 200. This is strictly an investment call. CMP: 88

Even Fundamentally it is trading at 1.15 times its book value and is undervalued. The promotor Holding in this company is 73.65% as of Sept 2022
GEE

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