H.G.INFRA ENGINEERING LTD
Long
Updated

HGInfra-DO NOT MISS!

1305
HG Infra is a techno-fundamental pick shared from infra sector.
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal

Technical Logic:-Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart.

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Note
T1 done. Very strong fundamentals supported by a technical bullishness
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T2 done as well
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T3 done and dusted. 45% returns done
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1600 from 890. 80% returns in less than 6 months
Note
1800+ done. 2x returns by this investment stock in 6 months

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