Monday, March 19, 2018

Bhagwati Autocast Ltd ( 504646 )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Bhagwati Autocast Ltd   closes   at ₹ 118.30   with  a  Fall    of    -5.30   %  %  on    19-March-2018   with formation of  a  Red    Candle    on Daily  Price Chart. Technically,  Bhagwati Autocast 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.Valuations : It is now trading at Premium   of  +64.% of its EPV of March 2017. Considering its Growth prospects, we get its 3X EPV at 193.
We may    BUY /    Accumulate  Bhagwati Autocast Ltd   at  CMP
Target : ₹193
 Stop: Loss : ₹96
Time Frame: 1-12  Months
Financials :
Disclaimer : We are / may going to take exposure shortly.
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