Avalon - EMS co. IPO base -Best above 715
Avalon Technologies an Electronic manufacturing co.
Bounceback qtr
Guides to have solid H2 as orderbook is strong
Rev at 275cr vs 200cr, Q1 at 199cr
PBT at 23cr vs 8.5cr, Q1 at loss
PAT at 17.4cr vs 7.2cr, Q1 had loss
OCF at 19cr vs 17cr
FII/DII's have consistently been increasing their stake and the stock is about to give IPO Base breakout.
Buy above 715 with targets of
845/950/1100 with stop loss of 578
Disclaimer : Educational Post, not a stock recommendation
Bounceback qtr
Guides to have solid H2 as orderbook is strong
Rev at 275cr vs 200cr, Q1 at 199cr
PBT at 23cr vs 8.5cr, Q1 at loss
PAT at 17.4cr vs 7.2cr, Q1 had loss
OCF at 19cr vs 17cr
FII/DII's have consistently been increasing their stake and the stock is about to give IPO Base breakout.
Buy above 715 with targets of
845/950/1100 with stop loss of 578
Disclaimer : Educational Post, not a stock recommendation
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