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EquityandSecurity
Dec 11, 2023 5:20 PM

Greaves Cot - Go Long 

GREAVES COTTON LTDNSE

Description

Greaves Cot looks like it has completed rounding the bottom and is ready to go upside.

Fundamentals
Greaves Cotton is engaged in the manufacturing of engines, engine applications, and trading of power tillers, spares related to engines, electric vehicles, and infrastructure equipment

The company has reduced debt.
The company is almost debt-free.
Debtor days have improved from 37.7 to 22.5 days.
The company has delivered a poor sales growth of 8.54% over the past five years.
The company has a low return on equity of 2.83% over the last 3 years.

FII And DII have reduced stakes and Retailer has got very high exposure, which can be taken from a Swing Trade perspective

Trade active

Bought Today

Trade active

Target 1 Achieved

Trade closed: target reached

All Target Achieved
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