Fundamentals- 1)A very attractive company in the space of Cement. 2)Numbers like Operating profit, net sales are d increasing at a good rate. 3)The sales are increasing since last 3 years but profits have seen some fall due to lower margins. 4)Affordable housing will be a big push.
Technicals- 1)Stock is about to touch the all time high. 2)Charts seem to be bullish.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> FII's have heavily increased their stake. Positive News2--> DSP Blackrock bought 5L shares of this company on 25th January'2017.(Source-BSE India) Positive News3--> Reliance mutual fund bought 6L shares of this company on 25th January'2017.(Source-BSE India)
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.