Fundamentals-
1)A very attractive company in the space of Cement.
2)Numbers like Operating profit, net sales are d increasing at a good rate.
3)The sales are increasing since last 3 years but profits have seen some fall due to lower margins.
4)Affordable housing will be a big push.
Technicals-
1)Stock is about to touch the all time high.
2)Charts seem to be bullish.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> FII's have heavily increased their stake.
Positive News2--> DSP Blackrock bought 5L shares of this company on 25th January'2017.(Source-BSE India)
Positive News3--> Reliance mutual fund bought 6L shares of this company on 25th January'2017.(Source-BSE India)
CMP-891(27th Feb'2017)
1st target-1000(6-8 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
1)A very attractive company in the space of Cement.
2)Numbers like Operating profit, net sales are d increasing at a good rate.
3)The sales are increasing since last 3 years but profits have seen some fall due to lower margins.
4)Affordable housing will be a big push.
Technicals-
1)Stock is about to touch the all time high.
2)Charts seem to be bullish.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> FII's have heavily increased their stake.
Positive News2--> DSP Blackrock bought 5L shares of this company on 25th January'2017.(Source-BSE India)
Positive News3--> Reliance mutual fund bought 6L shares of this company on 25th January'2017.(Source-BSE India)
CMP-891(27th Feb'2017)
1st target-1000(6-8 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.