S CHAND – Leading Educational Book Company
ISSUE PRICE – 670
LISTING PRICE – 707
CMP – 65
FACE VALUE – 5
MARKET CAP – 230cr
ALL TIME HIGH/LOW – 670 /47.15
AGRESSIVE INVESTOR – BUY AT CMP WITH 5% S/L
SAFE PLAYERS ACCMULATION ZONE LOW – 45 TO 50
S/L – As per Risk or 42
🔷️company sees itself well-positioned to benefit from the New Education Policy, which should be announced during FY20 leading to a period of strong & sustainable growth over the medium-term.
🔷️”Given the uncertainty around the actual timing of the announcement, it would not be prudent to give revenue guidance for FY20 at this point of time,” S.Chand said in a recent note available.
Disc – All views expressed are personal and only for Educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.