Riba Textiles having market cap of 58.9 Cr is looking descent at current price. Book value of Company is Rs 84.4. Turnover from last 3 FY is 200 Cr + on average basis & PAT is Rs 6 Cr. Recently Dheeraj Kumar Lohia has also purchased the share of Company.
Riba textiles is looking good on weekly time frame. Stock is trading near breakout level with cup & handle formation. Keep on radar.
RIBA Textiles is looking good on weekly time frame. Stock is consolidating & forming Cup & Handle pattern. Keep on radar for breakout.
RIBA Textiles The company is giving profits consistently. Market Cap around 40 Crores and book value of Rs. 76. it is expected that once it crosses the channel, it will reach 77,