Poonawala - Crysil AAA rating
Since the NBFC crisis most NBFC's have been downgraded and getting a AAA rating from Crisil is HUGE for any company.
This would reduce their cost of borrowing in a major way and would also increase demand for the stock among funds.
Long above 317.50.
Stoplosses here would very...
Short term - below 302
Investor - Below 287... (But start with a smaller allocation and keep adding as every resistance gets broken on the upside)
This would reduce their cost of borrowing in a major way and would also increase demand for the stock among funds.
Long above 317.50.
Stoplosses here would very...
Short term - below 302
Investor - Below 287... (But start with a smaller allocation and keep adding as every resistance gets broken on the upside)
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