Indian Glycols

#1
CMP: Rs 134 ; High/Low: Rs 149/62
FY'05 Exp EPS 29
India Glycol, manufactures mono-ethylene glycol.The company belongs to Bhartia group which owns Jubiliant Organosys.Prices of MEG also going up internationally which will help the comapny in future.These facts make it a good long term investment script.
 

karthikmarar

Well-Known Member
#5
HI

INDIA GLYCOL shot up from 150 level to 270 in a short span ..last one month. Now it is on pull back. Technically it can find support at 250 (23.6% Retracement). If 250 does not hold next support will be at 230 level (38.2% Retracement). What is your stoploss.

regards

karthik
 

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