KRBL weekly chart

١٦ أغسطس

FII and MF are buying KRBL. Valuations are good. 260 is very strong support. Risk to reward ratio is very favorable. Buy for long term target of 400 plus. Indian government to lift rice export restrictions. KRBL is the biggest rice exporter. Next quater numbers will be very good. There will be increase in EPS, ROE. ROCE. Their profits and margins will improve.