mehulsan77

Kothari sugar multiyear breakout

Long
NSE:KOTARISUG   KOTHARI SUGAR&CHEM
Price broke out of a very big consolidation on monthly timeframe
after that it formed a very strong base on weekly above breakout level, broke out of that base retested it

mcap 448cr
cmp 54 vs book value 31.1
stock pe 13.3 vs industry pe 13.2
divident 1.85%
debt 0.15
promoter holding 73.5
very small position
bought yesterday

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