SPELS Semiconductor is one of the first stock in India venturing into the Semi-Conductor space and with the recent push for Make-in-India scheme and the Growing demand of Semi-Conductor worldwide + the Anti-China policy (China+1) adopted by many countries, India has become a Favourite Hotspot for Semi-conductor manufacturing
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Entry in Stovekraft can be taken after a closing above 700. Targets will be 741 and 800. Keep a stop loss at closing below 638. Stove Kraft is a company manufacturing home appliances. Negatives of this company are expensive valuation as the stock trades at a PE of 43.8. Increasing pledging of promoters and declining cash flow. Positives of the stock are that Stove...
