V-Gaurd Industries taking a guard for Positive Break outV- guard industries based in Kochi; Kerala is a multi-product company catering to the mass consumption market. The Company is engaged in manufacturing, trading and selling of a wide range of Electronics, Electrical and Consumer Durables. Over the years V-Guard has sold into domestic, industrial and agricultural electronic goods and appliances category. V-Guard operates more than 10 plants across various geographies across India manufacturing multiple categories.
V- guard industries Limited CMP is 299.90. The Negative aspects of the company are High Valuation (P.E. = 65), declining annual net profit, FIIs are decreasing stake and promoter Holding decreasing. The positive aspects of the company are Low debt, zero promoter pledge, MFs are increasing stake and improving cash from operations annual.
Entry after closing above 304. Targets in the stock will be 312 and 324. Long term targets in the stock will be 335+. Stop loss in the stock should be maintained at closing below 281.
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 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.
