Long term Investment Idea |
SHARDACROP | 100% Upside Potential
✅ Sharda Cropchem CMP - Rs 333
✅ Promoter holding 74.8 %
✅ Company is almost debt free.
✅ Good sales growth over 3-5 years.
✅ Company has good capex and global presence
The negative profit growth observed in companies like UPL, MOL, and Deepak Fertilizers suggests a broader sectoral trend, as similar trends in sales and OPM are evident across all agrochemical stocks.
Valuation is attractive and good to buy/accumulate for Mid to Long term gain from CMP
✅ Add more at Rs 320-300.
The sector is out of flavour and can provide a good contra bet. If good monsoon can further help in earnings.
Targets as per chart drawings.
Thanks
✅ Sharda Cropchem CMP - Rs 333
✅ Promoter holding 74.8 %
✅ Company is almost debt free.
✅ Good sales growth over 3-5 years.
✅ Company has good capex and global presence
The negative profit growth observed in companies like UPL, MOL, and Deepak Fertilizers suggests a broader sectoral trend, as similar trends in sales and OPM are evident across all agrochemical stocks.
Valuation is attractive and good to buy/accumulate for Mid to Long term gain from CMP
✅ Add more at Rs 320-300.
The sector is out of flavour and can provide a good contra bet. If good monsoon can further help in earnings.
Targets as per chart drawings.
Thanks
Trade closed: target reached
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Thanks
algopulse.ai
Nivesh Labs
🔥 t.me/AlgoPulse_ai_Trade
Thanks
algopulse.ai
Nivesh Labs
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.
Join our Telegram Channel for Live Market Trades.
🔥 t.me/AlgoPulse_ai_Trade
Thanks
algopulse.ai
Nivesh Labs
🔥 t.me/AlgoPulse_ai_Trade
Thanks
algopulse.ai
Nivesh Labs
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.