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Kc_007
Feb 7, 2024 6:19 AM

Bullish trend Long

INTERNATIONAL CONVEYORS LTD.BSE

Description

The stock has moving in uptrend.Fundamentally, the stock has some unique moat of mfg conveyor belts which are used in mines. At cmp is stock is trading at 12x TTM EPS. (undervalued).
Comments
jigarpolitician
intl conveyors sales down by 50 percent ,this is a very big concern ,like core business is melting more fast than ice ,all incomes from investing in stock markets only.this is very big red flag for long term investors in this stock..
Kc_007
@jigarpolitician, due to red sea crises.. it will take 1-2 quarters to arrive at same level.
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