Deepak Chemtex - Super Numbers - LongRecently listed. Promoters hold 70%+
No debt
Food colors company
Sales and profit increasing
All ratios good.
Chart also stabilising ina range.
Overall stockholder numbers are also less than 1000. This will be a long play.
To buy and hold for a long time. Atleast 4-5 years from today. This will amply reward.
DEEPAKCHEM trade ideas
1 Year Sideway consolidation BreakoutAfter a prolonged period of sideways consolidation, Deepak Chemtex Limited has successfully broken above a major resistance level at ₹110, signaling a possible trend reversal from bearish to bullish. The stock saw a strong price surge this week, closing at ₹122.57, marking a significant +21.36% gain. Importantly, this breakout was accompanied by a notable increase in trading volume, indicating strong buying interest and further validating the breakout's strength.