Sunday, November 29, 2020

ASHOKA | Stock to Watch | Price Outlook

 

Ashoka Buildcon

Stock/Share Price: 77


➽ In this article we will discuss recent development in the StockShare of ASHOKA in the Stock Market


Key  Summary

Ashoka Buildcon is presently engaged in the business of construction of infrastructure facilities on Engineering, Procurement and Construction Basis (EPC) and Built,Operate and Transfer (BOT) Basis and Sale of Ready Mix Concrete. The Company has promoted Special Purpose Vehicles (SPVs) for some of its projects, wherein'Toll Collection Rights' are received in exchange of the Construction Cost. 

Company has delivered good profit growth of 164.25% CAGR over last 5 years

Company's median sales growth is 21.13% of last 10 years



Technical Chart & Price Outlook


ASHOKA stock after a long phase of correction and consolidation given a positive breakout with good volume and break important  neckline.

So long position can be made in the stock for the potential  upside level of  86 - 94- 98 in short to medium term.


APEX | Stock To Buy | Price Outlook


Recent Valuation Summary



Recent Financial Summary



ASHOKA  stock is performing outstandingly for the previous 3 years and both sales and net profit is increasing significantly.

DLF | Stock To Buy | Potential Price Outlook


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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