Millenial_Investors

PPAP Automotive ready for another cycle

Long
NSE:PPAP   PPAP AUTOMOTIVE LTD
Investment Pick (12-36 Month apx)

PPAP AUTOMOTIVE LTD (CMP-237)

Fundamental Good
1. YOY Sales ↑, Steady Profits, Abundant Cash Flows
2. Promoter Stake ↑, FII ↑
5. Co. is under GROWTH STAGE

Technically Very Strong💹
(Refer Chart)

Target 🎯 : 2X - 3X
SL : 194 (17% Apx)
Investment will be done in 2 parts:
1. .Will buy with 2% of Capital)
2. Another 1% of the capital on next entry

Disclaimer : This is not a Buy/Sell advice. We share what we do. Only for educational purpose. Consult your financial advisor before investing.

CA BHOR BANSAL
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