HI
HERE are some of my random musings about GRASIM.PL read them and comment so that we can discuss:--
The problem with Grasim is that currently only the cement buisness is dependable--- what about the PFY,Sponge Iron,Chemicals buisness?One or the other buisness impacts the margins negitively.Thus this diversified company is a risk.The groweth over the long term should not be assesed at more than 15%.
Weekly charts have a support at Rs 1800 and monthly charts also at 1800.This is therefore a strong support and the 1 yr upside on a price of 2500 gives 35% profit if baught at 1800 .
like the ideas-- or am i day dreaming
HERE are some of my random musings about GRASIM.PL read them and comment so that we can discuss:--
The problem with Grasim is that currently only the cement buisness is dependable--- what about the PFY,Sponge Iron,Chemicals buisness?One or the other buisness impacts the margins negitively.Thus this diversified company is a risk.The groweth over the long term should not be assesed at more than 15%.
Weekly charts have a support at Rs 1800 and monthly charts also at 1800.This is therefore a strong support and the 1 yr upside on a price of 2500 gives 35% profit if baught at 1800 .
like the ideas-- or am i day dreaming