Sheela foam - Turnaround candidate - Promoters buying. 970+

Dec 13, 2024

1. SHEELA FOAM MNGMT SAYS Demand Is Good, Wedding Season Has Seen Good Traction So Far
   
3. FY25 Revenue Growth Would Be Close To 10%, H2 Should See 13-15% Growth , Will Get To ₹1,000 Cr Annual Run-Rate For Kurlon By Q4
   
5. Market Share Of Consolidated Entity In The Organised Space At 30%. Margin For Kurlon Targetted At 12-13%
   
7. AS of 13 Decemenber - Promoter Rahul Gautam has been buying consecutively from open market consefor few weeks.
   
9. One can enter above 970 for targets of 1300/1600. SL of 850 with two possibilite of price movements as plotted on chart.
   

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Dec 13, 2024

Trade active

Posting Clean Chart for better reference.