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TechnoFunda_Investor
Feb 23, 2022 5:09 AM

JublinGreavea - Possible investment gem Long

JUBILANT INGREVIA LTDNSE

Description

Jublin Greavea is a demerged company of Jubilant Life sciences, is one of the well managed chemical manufactruing business.

Key Fundamentals:
1. Business products are diversified
2. Manfacturing plants are located in 3 different States of Inda, so manufacturing does not get affected in case of any emergency in specific State
3. Sales demography is also well diversified with 40% exports, 40% domestic and 20% to exporters
4. Revenue is further more diversified among customer base, with only 20% among Top 10 clients
5. Many expansion plans already on table
6. Outstanding growth in revenue and profit YOY FY21 to TTM FY22

Technically, It is currently trading at 61.8% retracement price of life time uptrend.

Key Support prices:
440 and 370

Key Resistances:
509, 570, 630

It can be looked as a potential multi bagger while keeping eyes over it quarterly performances and any impactful triggers.

I am not a SEBI Registered Investment advisor and this is only for self study for the readers. I may or may not be holding shares that I put on platforms for reference of study for readers.
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