JUBILANT INGREVIA LTD

JUBILANT INGREVIA FORMING CRYSTAL CLEAR ROUNDING BOTTOM

3596
The stock has been foming an rounding bottom pattern on the weekly basis , also volumes are pretty high and satisfactory

The company has majorly 5 business divisons majorly pharma , nutrition and agrochemical since 40 years , it has 5 manufacturing plants and more than 2000 cr in capex plan

The fundamentals of the stock are quite sagnant and donot show any compelling signs however there is a pretty good DIIs buying snce 2021 (14%) also volumes are pretty good

Target for Short term -833
Target for Long terrm - 1305

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