RUCHI Soya

#1
Hi,
Wanted to know the outlook on RUCHI Soya?
Fundamentally the company is sound with a 15% projected topline growth, and a humble 15x P/E ratio. Currently trading at 250-252. Is it a good buy? What could be the exit price?
 
#2
This company's management is not good. The company was quoting around Rs. 30- 50 in past few years. Company shows very good turn over but margins are very low. This compnay has very poor Corporate Governence.
This company is also not investor friendly. Please dont look at this company.
WHen price of this company goes down no one would like to pick up stock of this company. In past it has fell down from Rs. 220 to Rs. 12 and after 6 to 7 year it has come again to this level. There are some good other options are also available in same industry like Adani Export, Marico Ind..
 
#3
Looking at charts,Ruchi Soya is not looking too good.So far lower pivot highs.Also looks a h&s in progression.Best to look at others.

Phoenix:cool:
 

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