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mehulsan77
Nov 6, 2023 12:24 PM

MUKANDLTD strong breakout Long

MUKAND LTD.BSE

Description

price broke multiyear resistance area
formed decent base above resistance and now broke that base

mcap 2373cr
stock pe 13.4 < industry pe 14.1
cmp 164 > book value 59.1
dividend yield 1.21%
debt to eq 1.74
promoter holding 74.7% vs 71.68% in MARCH 2017

recently company reduced debt significantly
balance sheet is getting improving
took very small position and will add/reduce accordingly
target not defined
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mehulsan77
added more today
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