Control Print stock to take Long entryLong Control Print above 640 for the 1st target of 750 with SL 611. A very good setup with risk to reward ratio. After a long time stock is touching the 200 EMA & consolidating at the level. On shorter time frame we can go long. This is for your educational purpose only.
Controlprint
Momentum swimg idea| Control Print LtdControl Print Ltd
ontrol Print Ltd is involved in development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. Company’s manufacturing facility for printers and consumables are located at Nalagarh (Himachal pradesh) and Guwahati (Assam) respectively
Fundamental : Strong
Market Cap ₹ 1,598 Cr. Current Price ₹ 999
Stock P/E 27.7
ROCE 23.0 % ROE 19.1 %
Debt to equity 0.02 Promoter holding 52.7 %
Quick ratio 2.77 Current ratio 4.12 Piotroski score 8.00
Profit Var 3Yrs 20.8 % Sales growth 3Years 16.0 %
Return on assets 15.1 %
This stock is in momentum with strong fundamental.
debt free stock with reasonable price also in good business.
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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