About: Jubilant Ingrevia was Demerged from Jubilant Lifesciences in February 2021. It is in the business of Speciality chemicals, Animal & human nutrition, life science chemicals, ethanol etc.
- Stock is in a continuous uptrend. - Price today crossed the previous swing high after forming a base at Support Level (which was earlier a resistance) - Price broke out with good volumes with good accumulation activity at the end of July. - Spread chart also gave a breakout of the previous swing high.
Financial Results: - Jubilant's QoQ Sales growth is 67% - QoQ Profit growth is 211%
Jubilant Ingrevia is looking financially & technically sound. It looks good for positional investment.
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