GUJARAT STATE PETRO LTDViés de alta
Watchout for Multi Year Breakout (Don't Miss)
Gujarat State Petronet (GSPL) is involved in the business activities of Transport via pipeline.
The Stock is ready to break out a multi year resistance soon. The stock from a technical standpoint is trading close to its 50 DMA and comfortably placed above its 200 DMA. There is a clear positive crossover of MACD line on daily charts signaling bullish view. RSI is also at perfect levels.
The Company is fundamentally sound. The company has a debt to equity of 49%, which signals a healthy balance sheet. An annual revenue growth of 30% is outstanding, Pre-tax margin of 20% is great, ROE of 35% is exceptional. Mutual Funds and FPI together hold around 36% stake in the stock.
Don't Miss to add above 280 levels for Targets of 350-370 with SL at 255.
Feel free to share your feedback and queries.
The Stock is ready to break out a multi year resistance soon. The stock from a technical standpoint is trading close to its 50 DMA and comfortably placed above its 200 DMA. There is a clear positive crossover of MACD line on daily charts signaling bullish view. RSI is also at perfect levels.
The Company is fundamentally sound. The company has a debt to equity of 49%, which signals a healthy balance sheet. An annual revenue growth of 30% is outstanding, Pre-tax margin of 20% is great, ROE of 35% is exceptional. Mutual Funds and FPI together hold around 36% stake in the stock.
Don't Miss to add above 280 levels for Targets of 350-370 with SL at 255.
Feel free to share your feedback and queries.
Aviso legal
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