Price is in a super bullish trend on monthly TF and has retraced significantly over the current month. This stock, based on technical analysis, may give a good entry in the coming days. Potential upside of the stock - 30%+.
Viewing the market sentiment and Nifty 50 price action, readers are advised to do their due diligence as this is not financial advice but it's...
MyPOV @ SUPREME PETROCHEM LTD
For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer
#NiVYAMi
Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics, and other Polymers.
The company is almost debt-free.
The company has delivered good profit growth of 32.5% CAGR over the last 5 years
The company has delivered healthy OPM and ROCE and has Long Term Credit Rating AA-
The company is...
Strong Breakout Stock!
Supreme Petrochem Ltd #SPLPETRO
1- 10 Months Consolidation
2- High Weekly Volumes
3- Near Lifetime High
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
Good Funadmentals
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 29.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
Company has been maintaining a healthy dividend payout of 34.4%
Good to accumlate around 620-720 for long term investment.
SL 500...
