IdeasNeosagi

Shree Pushkar Chemicals & Fertilisers Ltd.

Long
NSE:SHREEPUSHK   SHREE PUSHKAR CHEM
*Shree Pushkar Chemicals & Fertilisers Ltd.*
Cup & Handle Formation: Weekly Basis
Strong Price/Volume Consolidation.
Price BO to be Watched

*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*

*Fundamentally Sound Company*
Engaged in manufacturing / trading of chemicals, dyes & dyes intermediate, cattle feeds, fertilizers and soil conditioner.

Stable Sales / Profitability on Qtrly / Yearly Basis.
Low Leverage / +ve Cash Flows
Significant Promoter Holding. FII Stake Increasing since Jun'21.
Dividend Paying Co.

Concern: RoA/RoE/ROCE on decline since Last 3 Years.

Revenue / Profitability Improving - Qtrly (Since Jun'21)/Yrly Basis. Moderate Leverage / Improving WC Cycle. Dividend Paying Co. FII stake decline in last 2 Qtrs.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)

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