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Kalyanisteel

#Kalyani Steel, beautiful cup & handle formation,ready to blast?Although I am not so bullish on Metal sector overall but Kalyani steel has made a beautiful cup & handle/Rounding bottom formation on weekly time frame which got me interested. Also this week Kalyani steel has given all time high weekly close at 471 and if price manage to give 2 close above 472 then upside targets for me would be 1) 574 2) 628 3) 705 4) 849. Once 628 is crossed I will bring my SL either at cost or 574 to mitigate risk. Below 376 it will become weak. Keep eyes on this stock
NSE:KSLLong
by ssudhirsharma11
NSE:BFINVEST - BF Investment Ltd what's cooking here..?NSE:BFINVEST BF Investment Ltd Overview Non-Deposit taking Core Investment Company. Engaged primarily in making investments in Kalyani Group companies. History Incorporated in 2009 by demerging the Investment Business of BF Utilities Ltd. Under business restructuring, Investment Business transferred to BF Investment Ltd. Kalyani Group BF Investment Ltd. (BFIL) is a part of the USD 2.5 billion Kalyani Group from Pune. Established in the mid-1960s. Indian multinational with advanced technology, engineering & manufacturing capabilities. Industries: Engineering Steel, Automotive, Industrial, Renewable Energy, Urban Infrastructure, Specialty Chemicals. Market leader in forging globally and largest forging exporter from India. Group Companies: Bharat Forge, KCTI, Kalyani Technoforge, Kalyani Global, Automotive Axles, and more. Nature of Operations Mainly focused on investments. Majority of investments are strategic in nature targeting Kalyani Group Companies. Investments are long-term and not for trade. Revenue Mix FY22 Dividend income: ~55% Interest income: ~34% Other (Net gain on fair value changes): ~12% Investments Investments worth ~ Rs. 1646 Cr as of March 2021. Significant ownership in Kalyani Steels Ltd., KSL Holdings Private Ltd., Triumphant Special Alloys Pvt. Ltd., Kalyani Financial Services Ltd., and others. Equity stake in listed and unlisted shares: Bharat Forge Ltd, BF Utilities Ltd., and others. Invested in preference shares and debentures of Group companies. Promoter Shareholding Promoters stake from 73.38%
NSE:BFINVESTLong
by Peaceful-Weekend-Investing