Visaka Industries CMP 637.1 is a company into cement and cement products which has a turnover of around Rs 1101 Crores. The company is trading at attractive valuations of PE of around 8.8. It is a low debt company where FIIs are increasing their hold. EPS of the company is growing strongly. Cash flow of the company is also increasing for operating activity. X/2 Entry can be taken in the counter first at closing above 640 and second at closing above 675. Targets will be 708 and 776. Stop loss should be maintained at closing below 580.
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