Its a "VERY RISKY PENNY STOCK". May or May Not be a "Future Multibagger".
Fundamentals:- Market Cap ₹ 114 Cr Only. Current Price ₹ 19.88 Book Value ₹ 3.21 Graham Number ₹ 4.34 Stock PE 71.4 Industry PE 45.8 Dividend Yield 0 % ROCE 11.9 % ROE 9.07 % Promoter holding 72.1 % Pledged Promoter 0 % Debt ₹ 16.9 Cr. Reserves ₹ 6.94 Cr. Piotroski score 6 Promoter holding is good & No promoters are pledged.
Technical:- Price has given breakout above "Box" & "White Trendline". Volume is increasing. RSI recovered from oversold area (below 30). RSI has given breakout above "White Trendline" & took support on it. Resistance zones are marked with Red horizontal shaded zones. Targets and Stoploss as marked on the Chart.
Levels are:- Entry 16 to 19 Stoploss 12 Tgt 24-36-44-52
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