Among India's oldest paint companies. Capex for this co is complete and then wont need any capex for the near future. The company is managed by an able management which includes part of the team from APL Apollo. Management has set a vision to take the turnover from approx 350cr - 1000cr over the next few years. Current market cap is barely 1%.
Technically the stock has broken out and key would be to see if it can sustain about 105 by the weeks close.
Volumes too have picked up significantly over the last few weeks.
Long at CMP with SL below 104.
Technically the stock has broken out and key would be to see if it can sustain about 105 by the weeks close.
Volumes too have picked up significantly over the last few weeks.
Long at CMP with SL below 104.