Technicals & Chart
✓Standing at Multi year breakout levels.
✓Avg volumes rising since 2018.
✓Monthly trendline breakout done.
✓If sustains over 120 levels for next 2 months, target of 400+ cant be ruled out in any case.
✓Trading over historical demand & supply zones.
Financials.
✓Increasing ROE & ROCE
✓Increasing Margins
✓Profit margins growing
✓Promoters buying increased
✓Into Tea, Shipping, Rubber,Engineering services and aiming at modernization at fast pace.
✓Increasing Capital WIP shows much more core operation assets to be installed which will improve its operations.
✓Standing at Multi year breakout levels.
✓Avg volumes rising since 2018.
✓Monthly trendline breakout done.
✓If sustains over 120 levels for next 2 months, target of 400+ cant be ruled out in any case.
✓Trading over historical demand & supply zones.
Financials.
✓Increasing ROE & ROCE
✓Increasing Margins
✓Profit margins growing
✓Promoters buying increased
✓Into Tea, Shipping, Rubber,Engineering services and aiming at modernization at fast pace.
✓Increasing Capital WIP shows much more core operation assets to be installed which will improve its operations.
