PG Electroplast Limited is the flagship company of the PG Group, and is one of the leading players in India in Electronics Manufacturing Services. It is a diversified EMS providing OEM and ODM solutions for complete product and component manufacturing.
Market Cap ₹ 3,759 Cr. Current Price ₹ 1,653 High / Low ₹ 1,716 / 821 Stock P/E 39.6 Book Value ₹ 174 Dividend Yield 0.00 % ROCE 17.3 % ROE 21.9 % Face Value ₹ 10.0 Debt ₹ 577 Cr. EPS ₹ 41.9 PEG Ratio Promoter holding 61.2 % Intrinsic Value ₹ 999 Pledged percentage 0.00 % EVEBITDA 20.5
Guy's we have seen neat and clean Falling Trendline Breakout in PG Electroplast. Now this can become Rocket as buyers going to enter here to ride the rally. This Breakout getting support of Volumes. Volumes is an important indicator that can often confirm whether a Stock has given a valid Breakout or a false Breakout from a support or resistance trendline. A valid or genuine Breakout occurs on high volumes while a false breakout occurs on low Volume. Hence in case of a Breakout, it is a very important to look at Volumes.
Some Positive Technical Factor about this Ticker:-
Price is above 200 EMA We have seen Proper Falling Trendline breakout with Good Volume Price is sustaining above breakout trendline MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Guy's rocket has been landed successfully.... Beyond the target