Vardhman Textiles Looks good for long term. Share price 1075. Target 1400. SL 950. Add on dips towards 1020-1040.
Stock is available below 10x earning and close to book price. Stock has strong profitability ratio and good growth is seen. Technically stock has taken good support in weekly charts and has resistance in daily charts on the upside.
Stock is considered cheap and can be added for a target of 1200 and 1400 in less than a year. Stock is seen between 2100-2400 in 2-3 years.
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