Paradeep Phosphates Ltd | AGRI Momentum Stock
Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company.
Financial: strong
Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0
ROCE = 11.0 % ROE = 11.0 % Debt to equity...
I took a pilot position at 135.6 and I will be looking to add at minor corrections.
Technical: stock quickly recovered from recent COVID-19 crash lows. It has surged around 100% from its low and held its gains. price wise, it looks strong
Fundamental:
This stock shows decent sales and profit growth.
5 years of sales growth - 8.28%
5 years of profit growth -...
#Coromandel @ 645 | 29-May-2020
- Accumulation can be initiated in the Green Zone for a mid term holding period
- Positional stoploss @ 622
#Nifty #Nifty50 #NSEUPDATE #BSE #Sensex #NiftyBank #Fertilizer #Auto #FMCG
