Happy_Candles_Investment

Thyrocare can thrust upwards from here in the long term

Long
NSE:THYROCARE   THYROCARE TECHNOL
Thyrocare Technology Ltd. CMP – 560.40 (Long Term Investment Idea)
Market Capitalization Rs 2,966.2Cr

Red Flags:🟥
High Valuation (P.E. = 45.7)
Declining annual net profit
MFs are decreasing stake
High promoter pledge

Green Flags:🟩
No debt
FIIs are increasing stake
Improving cash from operations annual

Dividend Yield @CMP = 3.34%
Previous Happy Candles Number – 41/100
New Happy Candles Number – 43/100

Fresh Entry/ averaging / compounding after closing above 567
Targets: 585 and 606
Long term target: 630 and 674
Stop loss: Closing below 516

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

Happy Candles Investment
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