Nahar Industrial Enterprises Ltd:
Due to profit booking by traders, stock may consolidate at current level. However cmp is still lower than recent high of 132.
Barring unforeseen, NIEL should make new high in 1-2 weeks.
Much smaller textile stocks trading at much much higher PERatio.
NIEL is large sized and fully integrated with captive power
Sugar industry is doing well. If mgtmnt decides to demerge Sugar division, NIEL can spurt much faster
Stock should easily touch 250 in 2017
Due to profit booking by traders, stock may consolidate at current level. However cmp is still lower than recent high of 132.
Barring unforeseen, NIEL should make new high in 1-2 weeks.
Much smaller textile stocks trading at much much higher PERatio.
NIEL is large sized and fully integrated with captive power
Sugar industry is doing well. If mgtmnt decides to demerge Sugar division, NIEL can spurt much faster
Stock should easily touch 250 in 2017
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