Harrison Malayalam- 236.5

٢٨ يوليو ٢٠٢١

Harrison Malayalam- CMP 236.5. It is in tea business. It has gone up yesterday with huge volumes and closed by crossing previous high of 229.2made on 13.7.21. Now a days all tea companies are doing well. Its PE is also at 10 which is lowest in industry. All other companies PEs are ranging from 20 to 45. Also from the graph it can be seen that whenever MACD crossover happens on positive, it is generally going up by 20 to 40%. MACD crossover happened yesterday. In my view it shall go up from 20% in short term to 100% in medium to long term. It is for educational purpose only and all are requested to take financial advice from expert before investing.