Devsakha

Garware Hi-Tech Films Ltd. Constructive Base Breakout

Long
NSE:GRWRHITECH   GARWARE HI-TECH FILMS LIM
- It is the pioneer and the largest exporters of polyester films .
-It is the sole manufacture of Solar Control window films in India .
-only Company in the world with backward integration for manufacturing of its own raw material and all components for manufacture of Solar control window films.
-It is a market leader with more than 90% market share in Shrink film manufacturing in India.
- Market Cap 3,191 Cr.
ROCE 11.9 %
InstHold 2.47 %
Return over 6months 160 %
-Cash Conversion Cycle Reduced to 60 from 79 FY2023.
-Price Above all key Moving Averages.
-Constructive Base Breakout with Volume.
-+Ve along with Rising Relative Strength.

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