India Grid Trust looking good for BOIndigrid is looking good for a breakout if it crosses and sustains 146+ . Stock tried to breakout since March '21. Good fundamentals. Keep a watch on proce action next week.
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4.30 INR
2.85 B INR
28.64 B INR
743.00 M
About INDIGRID INFRASTRUCT TRST
Sector
Industry
CEO
Harsh Dinesh Shah
Website
Headquarters
Mumbai
Founded
2016
ISIN
INE219X23014
FIGI
BBG00GNT3QZ6
IndiGrid Infrastructure Trust operates infrastructure investment Company. It owns, operates, and manages power transmission networks and renewable energy assets that deliver reliable power. The firm investment objectives are to undertake activity as an infrastructure investment trust in accordance with the provisions. The company was founded on October 21, 2016 and is headquartered in New Delhi, Mumbai.
Long - India Grid TrustVery long consolidation. Stage 2 stock. If it is break it with good volume, it will move up fast.
Note : This is my personal view.
Thanks,
Chandru
A move to Rs155-Rs160 expected in India Grid Trust !NSE:INDIGRID is a high dividend stock and steady mover in long term.
Rs160 is a next target in the scrip and then back to Rs130 for a few months.
Later, next year the bullish move would continue as usual and gradual.
So taking a Long term view it is gradual mover and dividend paying company.
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