I have been looking into one stock which I think can give good return in short to medium term and even for long term.
The name of the stock is KRBL.
ðStock PE is 13.3 where as industry PE is 43.6 ðCompany has reduced Big chunk of debt from the balance sheet. ðFII DII and Promoter holding have gone up in recent quarters. ðConsolidation Breakout in weekly chart. ðGood Number with increase in sales QnQ and YoY basis. Although OPM% remained same. ðPrice/BV is 1.5 ð2000Cr+ positive operating cash flow in 5 Yrs.
Why this has come back from 417 levels so sharply?
anishjn
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@nilesh747 Just Market swings! Whenever sharp fall comes without any news, Bulls will get trigger and Price tend to go up with much more power!! KRBL is a stock which will be in news as Govt is keeping close eye on exports of Rice profucts!!