Decent numbers from Sundram Fasteners. Revised Target 510. SL 370.
Post Last Quarter results on 5th June, we had recommended to buy for a target of 460 with a stoploss of 370. Stock had hit our target of 460 on 22nd June. Stock has corrected back to 410 now.
We have a revised target of 510 in 3 months. We expect the stock to move sooner.
Earlier call on Sundram Fasteners:
I am Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at email@example.com for stock queries. Have a wonderful time at Gale.in.