Hindustan Composites Ltd-Ready for a upside move
Hindustan Composites Ltd has been showing consistent up move and it has recently given a handsome breakout at Fibo level 0.50. Moreover, it is showing a consistent increase in its order book with the major buyer being Indian Railways.
It is also trading below its 5-year average PE ratio.
All these factors help us conclude that the stock is a good buy at the current level.
All the best!
It is also trading below its 5-year average PE ratio.
All these factors help us conclude that the stock is a good buy at the current level.
All the best!
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