Monday, December 14, 2020

BOROLTD | Stock Price Outlook

 

Borosil Limited

Stock/Share Price: 185


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


Key  Summary

Strong Annual EPS Growth

Effectively using its capital to generate profit - RoCE improving in last 2 years

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Increasing profits every quarter for the past 2 quarters

Company with Zero Promoter Pledge

Strong Performer: Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators


Technical Chart & Price Outlook


Stock broke important neckline with green candle and ready for further upside. Long position in the stock can be made for the potential upside level of 224 in short term and 268 in mid term.



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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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