Hindustan Composite a Great Value stock available at very cheap price. Current Market Cap of 237 Cr. The company has investment in some quality companies, which is valued at 632 Cr.
Hindustan Composites Ltd:390 is trading near a long term support level,
resistance at 460, on crossing that level the stock can perform well in future.
The indicators are showing some positive divergence , still the chart pattern
is showing a falling wedge, chances are there, it may test the bottom line support
around 350.
Hindustan Composites Ltd: 590 is an up trending small cap stock with low equity base,
currently trading at the bottom trend line support level,good for investment at current level.
All the above is said true, but the numbers are always below expectations,
and that make the ROE poor, is the reason the stock is not performing well like sumi or exide.
Exide will fly...
