TraderRavikiran

Breakout in sigachi in dialy timeframe

Long
NSE:SIGACHI   SIGACHI INDUSTRIES LTD
Sigachi has given trendline breakout in daily time frame
It's a ipo stock trading below ipo price it has fallen more 70 % from highs
It is in accumulation phase it is good to buy now
Here are resultsof this stock



SIGACHI IND Q2 Q2: CONS NET PROFIT UP 38 % AT 13.5 CR (YOY), UP 6 % (QOQ)

REVENUE UP 44 % AT 82 CR (YOY) ,UP 5.5 % (QOQ)

EBITDA UP 20.4 % AT CR (YOY),UP 1%(QOQ)

MARGINS AT 19.7 % V 23.6 % (YOY), 20.6 % (QOQ)

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