padiyara

Sadbhav Engineering:280 near long term support,Res:350 STOP:270

Long
NSE:SADBHAV   SADBHAV ENGINEERIN
Sadbhav Engineering:280 near to its long term support region,Res:350 STOP:270
Recently was in news few days back about the new contract bagged worth 900cr. Having good sales growth and profit growth, it seem to be a good bet at current level. Debt equity is around 1.13 is bit high. Some sites like screer.in is showing horrorful DE:11, but I checked the company annual report available in BSEINDIA is showing only DEBT 1780 cr,which comes around DE:1.2.
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