IdeasNeosagi

Ester Industries Ltd

Long
NSE:ESTER   ESTER INDUSTRIES
*Ester Industries Ltd.*
Pole & Flat Formation: Monthly Basis
Volume Accumulation & Consolidation
Multiple Resistance Levels To be Watched

*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*

*Fundamentally Sound & Improving*
Operates in the high-growth flexible plastic packaging, engineering
plastic, and high-end speciality polymer spaces.

Revenue Increasing - Qtrly (6) / Yrly Basis. Profitability growth marginal (stable). +ve Op. Cash Flow. Moderately Leverage & Improving. Satisfactory C&CE. Improving ROE / ROA / ROCE / EBITD / PBT since FY17. Capex ongoing for Capacity Increase. Dividend Paying Co.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)

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