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| Kushal Tradelink Daily Chart |
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| Kushal Tradelink Weekly Chart |
Good investment is the need of the hour. Time has
gone when people need money only to grown up their child and maintain a
standard of living. Modern day is progressing with an alarming rate and good
investment not only brings prosperity and cherished life but also make
something dreams to be materialized. As
a tree needs nourishment with proper compost, a family also needs proper
financial strength to uplift a standard of living. So investment is must as it
paves the way for foundation of a healthy life style. Hence, if we consider the
present company, it is prudent to be note worthy that idea that at least it may
awake you for longer tasks.
The company is
promoting its business in its right direction with a positive attitude towards
positive returns. Time is cumbersome so it is advisable to keep patience. The new
balance sheet is still awaited with a hope that positive inclination is
expected. So, you can keep this company in your watch list, but drops by drops
make an ocean. The company is listed on BSE exchange, in B group and its
performance indicates that company should be listed soon in NSE.
Data shows that, Stock
is trading actively with over 10 lac shares average daily volume. The company
has declared its interim dividend twice 40% in January and 60% in March. Increasing retail investors participation shows increasing public interest in company's stock. For more visit BSE Website.
Chart shows that,
this stock is continuously in uptrend and making higher highs. Any decline in
this may be a good buying opportunity for investors. Both on weekly and daily
chart it looks very strong. The stock made its fresh all time high today. RSI
is also showing the bullishness in the stock and the stock price is trading
above both 50 and 100 Exponential Moving Average which is also positive.
Important levels or say supports on chart are 122.00, 113.00 and upside is open
till the levels holds, but 131.90 will act as an immediate resistance.
The company is
performing well. If we compare it with other companies, it seems result is positive
and uprising. Dividend and retail investment may bring a solid backbone for the
future. Company have 3 giant paper mills in Gujarat as well as corporate house,
wholly owned subsidiary in Singapore and in Ajman (UAE) subsidiaries are
involved trading of physical agricultural, chemicals, paper waste and metals
trading. Company is also doing its CSR activities in right direction.
Information
about sales
- Rs. 200Cr. Contract with Shree Rama news prints, 250Cr.
- Deal with Adron enterprise ltd (Adani Group), 1000Cr.
- Deal with Bungee India (fortune 500 company)
- 1500 SME business across India are regular buyer of their paper products.
If you want further information
regarding this company or want to study financial data then, visit moneycontrol.com
or investing.com. Financial Graphs and Interactive Chart is available there.
Note: I have provided all information based
on my research and I do not have any holding. Investment in stocks involves
huge risk, so consult your financial adviser or do your own analysis before
making any investment. Visit risk disclaimer tab on the website.
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