EquityandSecurity

SPLPetro Long Term (1-3 Year) Portfolio BuildUp

Long
NSE:SPLPETRO   SUPREME PETROCHEM LTD
Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics, and other Polymers.
The company is almost debt-free.
The company has delivered good profit growth of 32.5% CAGR over the last 5 years
The company has delivered healthy OPM and ROCE and has Long Term Credit Rating AA-
The company is the undisputed leader in Polystyrene in India, with a market share
exceeding 50%.

Tech: Price Action is making HH and HL on Daily TF and 75 TF there has been a consolidation and if it breaks 578 with the strong candle. It will be good for buying for 1:3x trade for long term perspective.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.