Recommended stocks on – 12.05.2023
(1)
BALKRISHNA IND. -
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Buy price : 2212
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Strong Support : 2180
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Resistance price : 2238 – 2244 - 2250
Reasons for Buy Recommended –
Over the past three years, Balkrishna Industries has
achieved an annual earnings per share (EPS) growth rate of 15%, closely
aligning with its 16% average annual share price increase. While Balkrishna
Industries demonstrates robust financial health and consistent growth, with
some projecting modest gains and others suggesting potential bullish.
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