#JKTYRE
CMP :₹.278
Largest exported tyre brand from India. Promoter holding above 50%. Receivable days are improving. Sales and Profit have also improved from last year. ROE & ROCE also improved from last year.Stock is near 52 week high with supporting volume shockers. Technically also script looking good. Tending to break 2 years resistance trend band. Moving through a triangular pattern for the last 8 months. Also trying to escape from the triangular setup. FII's has also increased their stake compared to previous years.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP :₹.278
Largest exported tyre brand from India. Promoter holding above 50%. Receivable days are improving. Sales and Profit have also improved from last year. ROE & ROCE also improved from last year.Stock is near 52 week high with supporting volume shockers. Technically also script looking good. Tending to break 2 years resistance trend band. Moving through a triangular pattern for the last 8 months. Also trying to escape from the triangular setup. FII's has also increased their stake compared to previous years.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .