GMM Pfaudler Ltd.
*GMM Pfaudler Ltd.*
Weekly Trendline Price BreakOut Possibility
Mutliple Attempts earlier though rejected.
Hence, Price / Vol. BreakOut Confirmation Needed.
Once Happen, Good to Go.
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
Manufactures corrosion resistant glass-lined equipments. Is leading supplier of process equipments to Pharma/Chemical industries. Both Rising Sectors. +ve for GMM.
Market leader in India with over 50% market share.
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Strong RoA/RoE/RoCE in Double Digits.
Improving TNW / Low Equity / Increasing Cash Reserve.
Increasing +ve Ops. Cash Flow/WC Cycle.
Promoter Stake Stable.
*Concern:*
Increased leverage. Carbon/Stainless steel Prices (Major RM of Co).
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
Weekly Trendline Price BreakOut Possibility
Mutliple Attempts earlier though rejected.
Hence, Price / Vol. BreakOut Confirmation Needed.
Once Happen, Good to Go.
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
Manufactures corrosion resistant glass-lined equipments. Is leading supplier of process equipments to Pharma/Chemical industries. Both Rising Sectors. +ve for GMM.
Market leader in India with over 50% market share.
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Strong RoA/RoE/RoCE in Double Digits.
Improving TNW / Low Equity / Increasing Cash Reserve.
Increasing +ve Ops. Cash Flow/WC Cycle.
Promoter Stake Stable.
*Concern:*
Increased leverage. Carbon/Stainless steel Prices (Major RM of Co).
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
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