Madhya Bharat Agro Products Ltd.*Madhya Bharat Agro Products Ltd*
P&F Formation on Monthly Basis.
Price BreakOut Needed. To be Watched.
Once Crossed 671 & Sustained, Then Good to Go!
Strong Vol Consolidation & Continued BuiltUp.
Tie-Up to supply "Rock Phosphate Ore" to MP Govt. Till 2029.
Financial Performance to be Monitored.
Growing Sales/Profitability. Low LT Debt. Growin TNW.
PE on higher side.
Fertilizer Industry related Risk - To be Monitored. Stretched WC Cycle. -ve CF from Ops.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
