Jordan_n-

PTL #StockMarket #StockIdeas #StocktoWatch #StockToBuy

Long
NSE:PTL   PTL ENTERPRISES
PTL Enterprises Ltd....
Engaged in the tyres manufacturing facility of PTL at Kalamassery, Kerala.
Its an associate company of Apollo Tyres Ltd
Recent Announcement from Kerala Govt , for aids.
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Company has reduced debt.
Company is almost debt free.
Stock is trading at 0. 40 times its book value
Stock is providing a good dividend yield of 10.68%.
Company has delivered good profit growth of 23.30% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 20.53%
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On Daily Charts , observed trading in channel, with attempt for BO
Now good volumes coming.
One can enter at CMP also (30% buying now, rest after BO )
Keep SL of ~40 to ~30 for Short term to Medium Term.
Soon Targets of 50/60/90+++ can be seen
Also its a Multibagger Stock Type ...

Can gold for long positional .....
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STRICT SL TO BE MAINTAINED IN EVERY TRADE

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