Mahalaxmi Rubber can give 1:5 rewardTextile sector can show bullish move in 2025
and Mahalaxmi rubber in this sector has been showing good fundamentals and in technicals it can start is wave 3
So perfect buying time with buy range at 230 to 240
sl 200
target 400
So Risk reward will be 1:5
Fundamentally it has shown highest profit in 2024
Promotors are holding 64% and Hni's have another 12 %
SO its buy according to my analysis
MHLXMIRU trade ideas
Mahalaxmi Rubtech LtdMahalaxmi Rubtech Ltd. is a Textile manufacturing company and a part of the Mahalaxmi Group of Industries. It is engaged in the manufacturing and marketing of products of Traditional Textile and Technical Textile. Mahalaxmi Rubtech Limited is headquartered in Ahmedabad, India and all facilities are located within 50 Kms within each other