Momentuminvesting5540

Shaily Engineering Plastics Ltd| swing idea 15 feb 24

Long
NSE:SHAILY   SHAILY ENG PLASTICS LTD
Shaily Engineering Plastics Ltd| swing idea 15 feb 24

The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM)

financial :strong

Market Cap = ₹ 2,122 Cr. ROCE = 11.4 % ROE = 9.15 %

Debt to equity = 0.49 Promoter holding =43.8 %

Quick ratio = 0.75 Current ratio = 1.12 Return on assets = 5.13 %

this stock is in momentum with heavy volume build up.
Rsi also in uptrend.
unique business model with trending plastic sector.
lets see how market recognize this stock.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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