CuriousChartist

CHEMBOND- Stake increase by DII/Promoters

Long
BSE:CHEMBOND   CHEMBOND CHEMICALS LTD.
My favourite Inverted Head and Shoulder Pattern is complete in this stock that I've been tracking for quite long.

DIIs have increased heir holding from 0.37% in March Qtr to 0.67% in June Qtr.
Promoters have been increasing their holding every Qtr since at least Sept 2018
The irony is the public holding has been reducing since June 2019 Qtr.
They have been consistently reducing YOY their liabilities and borrowings since March 2014
Net Cash flow has seen a significant positive jump.

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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