Groups
Kavish posted an update in the group
2 days ago
KAVISH WITH BOOMSTEELCAS
✅FIIs and DIIs both bought in last quarter
✅Company reported highest profit in last 13 quarter
✅Business :
-Steelcast Limited manufactures steel and alloy castings for industries like mining, cement, and railways.
– It expects 10-15% revenue growth over the next 2-3 years, driven by exports and demand in infrastructure.
✅Fundamental :
-Undervalued based on P/E ratio
-Highest revenue in last 10 quarter
-Highest net profit in last 13 quarter
– Margin improve and it is highest in last 13 quarter
✅Technical :
– Round bottom pattern breakout
– All time high breakout
– Looking good above 1160 with support 1004 on closing basis
