Aro granites forming a potential inverted H&S pattern on monthly time frame. If we are looking at measure move, then the possibility of neckline break and upward movment possible. I;m viewing this as a multibagger stock, holding period for me would be for a 2-3 years....
Price is lower than book value by 1.5 times
no excessive debt, wait for breakout
warning : earnings/revenews are not growing constantly /steadily
for education purposes only
ARO Granite Earlier given at 61 in the Special Group going towards the target of 90.55 mentioned in the above message. Trailing Stop Loss is 78.4 now. The stock has already given 36% Returns in 6 months in the most volatile market💥💥💥💥What more can you expect?
Aro Granite Industries incorporated in 1988, manufactures modular granite tiles and granite random slabs. This 100% export oriented unit (EOU) located at Hosur, India.
The company has a customer presence in countries namely USA, Canada, Europe, Japan, Far East and South Pacific Countries.
Products
Granite Slabs- Company’s slab unit has installed capacity of...
