Balmer Lawrie & Company Ltd is engaged in the business of Industrial Packaging, Greases & Lubricants with solid fundamentals listed below ROCE 15.6 % ROE 14.7 % HIGHEST EVER PROFITS and SALES
TECHNICALS - The stock in past has formed various small patterns and respected them very well majorly cup and handle and inverse head and shoulder which lead to an unprecedented rally in the stock however in the recent period the stock has been in consolidation phase lately and a small rounding bottom is being formed which can yield pretty decent returns in short term