Hindustan Composites Ltd-Ready for a upside move
Hindustan Composites Ltd has been showing consistent up move and it has recently given a handsome breakout at Fibo level 0.50. Moreover, it is showing a consistent increase in its order book with the major buyer being Indian Railways.
It is also trading below its 5-year average PE ratio.
All these factors help us conclude that the stock is a good buy at the current level.
All the best!
It is also trading below its 5-year average PE ratio.
All these factors help us conclude that the stock is a good buy at the current level.
All the best!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.