Get started

Kajaria

Having Kajaria Ceramics, in the portfolio mix can be beneficial.Entry in Kajaria Ceramics can be taken after closing above 1082. Targets will be 1173 and 1274. Long term target (12 to 14 months) in Kajaria Ceramics will be 1353. Stop Loss should be maintained at closing below 880. Kajaria Ceramics is a medium to long term investment idea. Negative aspect of the stock is valuation as the stock trends at a PE of 44.2. The positive aspect of the stock is that it is a low debt company with Zero promoter pledge where MFs and FIIs are increasing their stake. The momentum in price is strong, Annual Net profits are increasing and net cash flow of the company is also increasing.
NSE:KAJARIACERLong
by Happy_Candles_Investment