Hello Friends

Our recent investment idea, KNR Constructions Ltd and Star Paper Mills has once again made a new 52 week high today. Continuing with the streak, our next Investment idea is from NBFC Sector. This stock has remained range bound since a year facing stiff resistance around 112.50.

However, in today's session the same has been surpassed by huge volumes, a lot of action is yet to come in this space as it still remains the most undervalued NBFC.

The company has seen a healthy loan growth and  is able to generate consistent profits, it is currently trading at 13X of EPS, whereas the other companies in the sector are trading in range of 30-40X of EPS. One can look into the stock keeping both long term and short term horizon in mind for some good returns.

CMP : 113.50
SL : 105

Note: The Above is just a information available in public domain and therefore, should not be taken as a research report.

Registration status with SEBI:  I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations.

Disclosure : It is safe to assume that I hold this stock in my Portfoilo.

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Congrats on mega returns !!!!.... hold on...it has much more to offer

is it safe to enter at 120?

Ya.....keep 110 as stop !!!

During the long term, all factors are variable. In finance or financial operations of borrowing and investing, what is considered long-term is usually above 3 years, with medium-term usually between 1 and 3 years and short-term usually under 1 year. For free market advice visit CapitalHeight

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