Stock Name – Gitanjali Gems
Cmp – 78.8( Nse)
We are expecting Fy18 Earning Of 22 to 24 & fy19 Earning Around 30+
Company doing very well.
Nakshatra ipo also in pipe line which can boost
Good brand.Good Market share.
Stock trading cheap compared to its peers.
Current PE (5-6)
Short Term Target 6 months – 100/120
Long term Target 12 to 18 months – 150/200+
One Can also add stock at CMP & at further dips @ 75 & 72
Your recommendations are good and worth reading. Please continue the good work.
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Will request to add a line stating that due to fraud carried out by Management the recommendation is closed. The fault is not yours, because frauds are difficult to identify.
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We will try to be more careful.
Nakshatra IPO was the reason to recommend .
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