Momentuminvesting5540

Paradeep Phosphates Ltd | AGRI Momentum Stock

Long
NSE:PARADEEP   PARADEEP PHOSPHATES LTD
Paradeep Phosphates Ltd | AGRI Momentum Stock

Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company.
Financial: strong
Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0
ROCE = 11.0 % ROE = 11.0 % Debt to equity =1.14
Promoter holding = 56.1 % Quick ratio = 0.71 Current ratio = 1.06
Profit Var 3Yrs = 17.4 % Sales growth 3Years = 47.1 % Return on assets =3.38 %

here I discuss trending sector stock paradeep phosphates. I am technically bullish in this chart. stock is entered in unterritorial chart pattern. now we have to see how it works.
as well as stock financial is also good. And coming election would be also plus point for this agri sector stock.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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