Fundamentals-
1)One of the top 3 companies in the sector
2)Expanding slowly and steadily.
3)Financial numbers are okay, not very promising!
4)Stock is near its one year low but enjoys market monopoly.
5)As per the budget and government's push for electrification of villages, good push can be expected.
Technicals-
1)Broken the downtrend line, seems to be recovering from the downtrend.
CMP-302(25th Feb'2017)
1st target-400+(12 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
1)One of the top 3 companies in the sector
2)Expanding slowly and steadily.
3)Financial numbers are okay, not very promising!
4)Stock is near its one year low but enjoys market monopoly.
5)As per the budget and government's push for electrification of villages, good push can be expected.
Technicals-
1)Broken the downtrend line, seems to be recovering from the downtrend.
CMP-302(25th Feb'2017)
1st target-400+(12 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
Keep minting!