NSE:CHENNPETRO - Can it break way multyear high this time?

Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.

Company has reduced debt.
Stock is trading at 0.92 times its book value
Company is expected to give good quarter
Company has delivered good profit growth of 31.1% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 54.7%
Company's working capital requirements have reduced from 25.9 days to 11.0 days


CHENNPETRO



disc: No investment

Comment:

still waiting for breakout with good volume

disc: not invested

Comment:

384 to 614 in no time
going as per the the plan after breakout from the multi-year key level.

Let's focus on keeping things simple.

Peaceful Weekend Investing



Sorry for not updating earlier.

disc: Invested

Comment:

Going up with strong volumes
added a trance

disc: Invested

Comment:

Good move today, not recommended to enter as stock have moved up a lot

i am trailing my holding and profits

disc: invested ,

Comment:

More than double from last shared , enjoy the money rain

disc: Invested

Trade closed: target reached:

Awesome journey so far , closing this trade , if stock sets up again, will start fresh journey , you can stay connected..

If you benefitted from this analysis , drop one word comment below and boost this post.

Comment:

what a move - multibagger stock

Comment:

One way up