Wednesday, October 29, 2014
Sree Rayalaseema Alkalies and Allied Chemicals : CMP 13.5 - Turning around stock -improving profitability in Q-1 could take the stock to 22-24
Investors with high risk profile should watch movement and buy at CMP for short term target of 23-24 in 3-6 months.Technically looks in breakout zone.
-ve Fundamental: company has not paid any dividend in last 5 years that raises a question mark for longer term investment so invest judicialy
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