AXISBANK
LOOKS GOOD FUNDAMENTAL AS WELL AS TECHNICAL PICK FROM PRIVATE BANKING
SECTOR , BUY AROUND 850-840 LEVEL MY TGT AROUND 1600-1800 LEVEL.
Disclaimer: The information provided herein is my opinion only. Under any circumstances do any statement here represent a recommendation to buy or sell, nor do i make any claims or promises for profits. You are responsible for your own action.consult with your financial adviser before taking any action
Understand how to hold multibagger stocks for marathon rally (10X return already I looks for 15X)
Dhanuka recommanded @190 on 2014 januaray .. for old post click here (
https://valuestocks4u.blogspot.com/2014/01/dhanuka-agritech-buy-192.html)
then target of 300 achieved in just 3 months for post click here(https://tinyurl.com/3a6yymm9
)
I revised the target to 800 and hold after that touched 1000+ we are upgrading tgt of 1500 cmp 720..
2018 IT REPORTED AROUND 139 CR SALES NOW IT BECOME 10X WITH 1329 CR SALES , AT THE SAME TIME NET PROFIT INCRESED FROM LOSS TO 87 CR. IN COMING YEARS COMPANY WILL POST EXCELLENT RESULT.
BUY@1420 RANGE FOR THE TGT OF 2000-2400..
Incorporated in 1995, Page Industries Limited is the exclusive licensee of JOCKEY International Inc. for manufacturing, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacturing, marketing and distribution of the Speedo brand in India.
FROM THE LAST 5 YEARS COMPANY SALES INCREASED FROM 2129 CR TO 4760 CR ALMOST 1.25 X , NET PROFIT ALSO INCRESED FROM 232 CR TO 573 CR. COMPANY IS KEEPING A HEALTHY OPM OF 21% STEADLY.LAST YEAR COMPANY REDUCED ITS DEBT FROM 127 CR TO 110 CR.
PAGEINDUSTRIES TRADING @ PE OF 76.8 , IT WAS TRADED@176 PE IN 2021 NOW THE AVG PE IS IN ATTRACTIVE LEVEL.
IAM SUGGESTING TO BUY THIS SHARE@46000-48000 LEVEL , DUE TO FAIR PRICING AND GROWTH EXPECTATION WILL BE BETTER IN FUTURE FOR THE PRICE TARGET 75000