After a healthy correction from all time high prices, Meghmani has given a signal of resuming uptrend again.
Fundamentally, a very strong company, with 5.3bn Rupees capex. In the coming years, starting from next, capex utilization will be seen in the results.
Very good future prospects. Soon, the chemical sector could undergo re-rating as well.
Thanks
This is NOT a BUY recommendation, please do your own research before investing.