Wednesday, 9 November 2016
Shree Ajit Pulp & Paper - New Paper Stock to Watch
In a simple post on this blog on 25th July 2016 titled Paper Stocks up next I talked about 3 paper stocks.
Star Paper, Kuantum Paper, Nirvikara (Name changed to Balrkishna).
All of them have moved insanely.
SO HERE IS ANOTHER INTERESTING STOCK TO WATCH:
SHREE AJIT PULP & PAPER LTD
BSE: XD GROUP
BSE CODE: 538795
CMP: AROUND 250
MARKET CAP: 140 CRORES
TRAILING P/E: AROUND 10
P/E AS PER FULL YEAR EXP: UNDER 8
ON THE CHART IT LOOKS LIKE IT HAS BEEN A HIGHER HIGH, HIGHER LOW BULL RUN AND CAN DO REALLY WELL GOING FORWARD.
AND I WILL NOT SAY A WORD ON DONALD TRUMP AND THE WAR AGAINST BLACK MONEY, WHILE DONALD TRUMP IS NOT HIGHLY RELEVANT TO OUR MARKETS AND THE BLACK MONEY WAR IS A GREAT STEP, I FEEL ITS ALREADY SO BADLY HYPED BY THE MEDIA THAT WE DON'T NEED TO TALK MORE ABOUT IT AND JUST FORGET IT FOR A WHILE.
Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that i might have SHREE AJIT PULP & PAPER LTD in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.