RCF- Nearing Multiyear Breakout Zone

344
Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals.
Company is trading below historical 10 year Avg PE while the sales have almost doubled alongwith margins.
Stock has been a laggard and has not created any wealth for its shareholders from past 10 years, however its currently trading at a interesting zone where above resistance zone this stock will be looked like a PE Rerating Candidate and analysts and fundmanangers in order to extract value in this overheated markets can look at RCF as a potential candidate. So this is a stock to keep on our radar and watchout for resistance zones. Breakout of this multiyear resistance zone it can become a potential play for rerating.

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。