Happy_Candles_Investment

Kolte Patil looking to build momentum

Long
NSE:KOLTEPATIL   KOLTE-PATIL DEVELO
Kolte-Patil Developers Ltd. CMP – 517.70
Market Capitalization Rs 3,934.7Cr

Red Flags:🟥
High Valuation (P.E. = 35.6)

Green Flags:🟩
Low debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Improving cash from operations annual

New Happy Candles Number – 81/100

Fresh Entry/ averaging / compounding after closing above 520
Targets: 542
Long term target: 562
Stop loss: Closing below 420

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Happy Candles Investment
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