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IFB Industries: 48% upmove possible
IFB INDUSTRIES LTD
Long
IFB Industries: 48% upmove possible
By TradingBanker
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Dec 3, 2023
4
Dec 3, 2023
➡️1000+ day descending channel breakout
➡️promoter holding ~75%
➡️debt reduction
➡️aims to achieve sustainable double-digit margins by the end of Q4
Cons:
➡️High P/E
➡️competitive segment
breakout
Descending Channel
Growth
ifb
ifbindustries
investing
Parallel Channel
trading
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