somany Ceramics can shine, keep investment in line.Somany Ceramics Ltd. is a manufacturer and trader of complete decor solutions and its extensive range of products includes Ceramic Wall and Floor Tiles, Polished Vitrified Tiles, Glazed Vitrified Tiles, Sanitary ware, Bath Fittings and allied products.
Somany Ceramics Ltd CMP is 686.95. The Negative aspect of the company is High Valuation (P.E. = 36.4), Declining cash from operations annually, and FIIs are decreasing stake. The company's Positive aspects are No debt, Zero promoter pledge, MFs increasing stake, and Improving annual net profit.
Entry can be taken after closing above 700. Targets in the stock will be 734 and 761. The long-term target in the stock will be 784 and 818. Stop loss in the stock should be maintained at Closing below 560.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
