MRP Agro Ltd shows strong fundamentals with significant revenue and profit growth, high ROCE (39.2%) and ROE (30.3%), and is almost debt-free, making it a financially sound company. Technically, the stock has bounced from a support zone with a bullish breakout from a falling wedge pattern, suggesting potential upside. Based on both technical and fundamental analysis, a buy is recommended with a target of ₹160 and a stop loss at ₹120, for a short- to medium-term horizon (3–6 months). However, investors should monitor liquidity and watch for dividend announcements.
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for educational purposes only
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.