STOVE KRAFT LTD
Long

STOVEKRAFT Long

164
Market Cap: ₹ 1,777 Cr.

StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. [1] It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions consist of various household utilities, including the recently introduced LED bulbs, oxymeters, etc.
Note
Booking 50% Profit now:
Not sure if stock is going to move up or consolidate here before next move. But hoping that level 800 should hold. Book 50% profit now, wait for upback to 700 zone to add more (if this stock stays bullish at that time)
There could be little more stream left to move till 950's zone.
Note
Trade complete exit 906 on 24th Sep 2024

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