Groups
Kavish posted an update in the group
a day ago
KAVISH WITH BOOMHARIOMPIPE
✅The company targets 30% volume CAGR over the next 2-3 years, with revenue guidance of ₹2500 Cr by March 2026
✅FIIs And DIIs Bought in last quarter
✅Business :
– Hariom Pipe Industries Ltd. manufactures steel pipes, tubes, and coils (MS, GI, GP, HR, CR) for infrastructure, construction, and industrial use.
– The company targets 30% volume CAGR over the next 2-3 years, with revenue guidance of ₹2500 Cr by March 2026, driven by capacity expansion and strong demand in the steel sector.
✅Fundamental :
– Undervalued based on P/E ratio
– FIIs and DIIs both increased their stake in last quarter
– Highest revenue in last 13 quarter
– YOY sales growth in double digit now from single digit
✅Technical :
– Box / consolidation breakout
– Looking good above 440 with support 379 on closing basis
