MSP Steel & Power: Looking good for turnaround story
MSP Steel & Power Ltd is looking good for turnaround story as fundamentals are improving. Volumes are also increasing since past 4-5 months. Operating cash flow are improving. Promoter pledge is 100%. Keep on radar for BO above trendline. Allocation must be as per risk appetite. Investment horizon must be for 1-2 years as we are looking monthly chart. Can give mutlibaggar return as sectorial tailwind is also going on.
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