Sunday, January 14, 2018

EID Parry (India) Ltd (EIDPARRY )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

EIDPARRY closes at  ₹ 379.15  with  a Gain     of   +1.60 %  on    12-Jan-2018   with formation of  a  Small Green   Candle    on Daily  Price Chart. Technically,  EIDPARRY  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We may    BUY /    Accumulate  EIDPARRY Ltd Ltd at CMP    .
Target : ₹ 500
Stop: Loss : ₹ 340
Time Frame: 6-12 Months
• EIDPARRY has entered into is  a  Multibagger pattern on Charts.
Investment Theme : Domestic output is set to recover after dropping to seven-year low, following an increase in the area under cane and yields following satisfactory rainfall. EIA Parry Sales spurted nearly 55% in the September 2017 quarter compared with the June 2017 quarter. The OPM improved from 5.96% to 13.03%.
Disclaimer : We are / may going to take exposure shortly.
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