PTL Enterprises Ltd.... Engaged in the tyres manufacturing facility of PTL at Kalamassery, Kerala. Its an associate company of Apollo Tyres Ltd Recent Announcement from Kerala Govt, for aids. ------------------------ Company has reduced debt. Company is almost debt free. Stock is trading at 0.40 times its book value Stock is providing a good dividend yield of 10.68%. Company has delivered good profit growth of 23.30% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 20.53% ---------------------------- On Daily Charts, observed trading in channel, with attempt for BO Now good volumes coming. One can enter at CMP also (30% buying now, rest after BO ) Keep SL of ~40 to ~30 for Short term to Medium Term. Soon Targets of 50/60/90+++ can be seen Also its a Multibagger Stock Type ...
Can gold for long positional ..... ---------------------------------- STRICT SL TO BE MAINTAINED IN EVERY TRADE