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Happy_Candles_Investment
Jan 1, 2024 9:30 PM

Kolte Patil looking to build momentum  Long

KOLTE-PATIL DEVELONSE

Description

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

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
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