PositionalPicks

Looking beautiful isnot it? keep eye above 575

Long
NSE:VISAKAIND   VISAKA IND
Looking good for long term! Closing above 575 will attract the TA bulls. Keep on radar.
#FewFacts
*Trading at 1.19 times its book value
*Good profit growth of 22.6% CAGR over last 5 years
*Healthy dividend payout of 30.9%
*PE is 7.9, ROCE 21% n ROE 17.5%
*promoters are buying increasing their stake
*The company launched a solar roofing product called ATUM which is an integrated solar roofing system that provides all the functions of a traditional roof while generating energy.
*It roduces fibre cement boards and panels under its brand 'Vnext' by Visaka. It has a market share of 32% in fibre boards and panels market in India

Disclaimer: Invested and I am Not SEBI registered. Charts produced are for personal reference only and not any recommendations

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