Adityabirla
Aditya AMC quarterly result tradeAditya Birla Sun Life AMC Ltd the company of the old and prestigious Birla group has posted its best ever quarterly result with highest sales and net profit. The quarterly has profit has increased to 209 crore and its growth is supported by the accelerated growth of whole mutual fund industry. The target price is 700 for about 47% potential gain
It is a high potential company because of the following factors-
Return on capital employed >30
Debt to equity <0.1
Net profit preceding 12months >500
Net Profit latest quarter >100
Please do your own analysis before investing or trading.
Thank you and do like and follow if you like my analysis.
ADITYA BIRLA CAPITAL - NEAR TO ENTRY PRICECan Enter at 160
if again falls then you need to average at 140 level
Target - 200+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
ABFRL Buy above Rs. 225ABFRL Buy on Closing basis only, the price has reversed from the demand zone with rising volume.
Please give a boost if you like the analysis and follow for more. Any suggestions or advice is humbly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.