It is involve in chemicals, mining chemicals & fertilizers business.
Market Cap: 8474 crores
P/E 12.6 vs Industry P/E 33.2
ROCE is 25%
Previously ,it demonstrated a perfect example of Cup pattern breakout that achieved its target.
Currently it is on verge of giving breakout in a symmetrical triangle. weekly closing above 680 and RSI weekly closing above 60 should be consider as confirmation of breakout .If it does closes then it should head for 720 and 834. It has the potential to cross it ATH of 1065 in 2024.
The View should be neglected if it breakdown in symmetrical triangle.
This is not a stock Recommendation.