Amaraja Longterm Exp. TGT
1. Stock has been in Consolidation from 2015 Post Heavy rally from 2012 to 2015
2. It has Major Operations in Andhra Pradhesh & Telangana, In 2019 There was a change in leading party, since then the company has faced many problems (Like closure of plants due to court cases with Pollution control board , etc.)
3. Jaydev Galla is Member of TDP which lost in 2019 Elections, Now in Upcoming Elections 2024 TDP is set to Win. Based on this Assumption, I expect company to get some favorable treatment in next 5years.
4. With Ongoing EV Boom and Favorable State govt. Company has good space to grow exponentially.
Lets see , what happens in future.
2. It has Major Operations in Andhra Pradhesh & Telangana, In 2019 There was a change in leading party, since then the company has faced many problems (Like closure of plants due to court cases with Pollution control board , etc.)
3. Jaydev Galla is Member of TDP which lost in 2019 Elections, Now in Upcoming Elections 2024 TDP is set to Win. Based on this Assumption, I expect company to get some favorable treatment in next 5years.
4. With Ongoing EV Boom and Favorable State govt. Company has good space to grow exponentially.
Lets see , what happens in future.
Note
High made 1776 till now, almost near my Upside Targets.Everything went just as expected in this counter.
Trade-on !! 🔛📈📉
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade-on !! 🔛📈📉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.