SIS Limited - Buyback approved Buyback Price : 550 Today Closing price : 425.75 Buyback Size : 18,18,181 shares (100 crore ₹) Retail Quota : 2,72,728 shares Record date : Not yet announced Only for Educational Purpose.
Bottom formation is complete in SIS, may go long on this with stop loss of 340, target of 445
details mentioned in chart itself, shared long term view..having some minor support around 440 levels over all good stock to buy having targets till 550 levels
SL compulsory buy at double bottom at 850 Sl of 5% but fair intrinsic value is 320 to 350 for long term investment, if market provide that chance in next year. debt to equity ratio is approx 80% promoter 74% and DII and FII approx : 17%
SIS. CMP 1323 Stop 1175 Target 1500 plus (length of the consolidation zone). Daily chart Stock has broken out of the rectangular consolidation with above average volumes.