Previous All time High which acted as a resistance might act as a support now. We may see a upward move from here.
PAT has doubled
GNPA and NNPA are almost half compared to previous quarter.
Plus, Buy Volume are also high from sometime.
Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
This stock is at crucial support of 800. Fundamentally this is the only adani stock with negligible debt and good profit margin. Should be considered for holding for atleast 5 years. Right now just wait and watch.