VIKASECO - Vikas Ecotech Limi - An opportunity to Buy & HoldAs per previous chart history and current chart pattern, this stock is going to expload and ready for bullish momentum. I suggest this stock to buy at CMP@3.95 or wait for a DIP or reversal from the consolidation zone as mentioned on the chart
I am not SEBI registered person to suggest stock and this is my own personal opinion about the VIKASECO
Do your own research
Thanks for your support as always
VIKASECO trade ideas
Vikas Eco Tech Ltd :
๐ฑ Stock Alert: Vikas Eco Tech Ltd ๐
Exciting news for investors! Vikas Eco Tech (BSE: VIKASECO) is emerging as a promising opportunity! ๐
๐น Investment Highlights:
๐ Debt-free status โ
๐ผ Profitable growth trajectory ๐
๐ฐ Targets:
๐ฏ Short-term: Rs. 7
๐ Long-term: Rs. 11
๐ Company Snapshot:
Vikas Eco Tech, now debt-free and profitable, is poised for a sustainable journey. ๐
๐จ Disclaimer:
Investments carry risks. Do thorough research and consider consulting a financial advisor. Past performance doesn't guarantee future results. Invest responsibly. ๐ผ๐ก
#VikasEcoTech #StockAlert #InvestmentOpportunity
VIKASECO - Vikas Ecotech Limi - An Overview to BuyAs per previous chart history and technical analysis along with Fundamental inputs of the stock, it indicates that you can buy or hold your stock for profit in short term as per chart analysis.
Wait for reversal for better entry or Buy and Hold for big profit.
If broken downward, a big bearish trend is seen on the downside chart
Buy this stock above 5.05
All major points & downward levels mentioned on chart
Do your own research because I am not SEBI registered person and this is my personal opinion about this stock
Thanks for your support as always
Vikaseco Target 42The stock currently trades at 16.7x / 11x / 7.8x of FY17p / FY18e /FY19e EPS. We believe, increasing demand for toxin free stabilizers, growth in
PVC industry, opportunities in export markets, capacity expansion would create huge opportunity for VELโs revenue/ earning to grow at a CAGR of ~41%/91% over FY17p-19e. We maintain our BUY recommendation with a price target of Rs 42 implying upside of 80%. (14x on FY19e EPS).
The reported PAT was negative to Rs. - 8mn vs Rs.103mn last year due to one-time exceptional loss of Rs.16.3cr. led by a fire incident that occurred on 31st March 2017. The company has claimed insurance for the same which would be added to the P&L going forward .