GTN Industries Ltd : Fundamentals : Company has reduced debt. Stock is trading at 1.11 times its book value Company is expected to give good quarter Company has delivered good profit growth of 72.79% CAGR over last 5 years Promoters holding is 74%+
Technicals: Stock gave breakoujt of 20-25 levels and made high of 68, trading around 50 CMP.
Good to accumlate around CMP 50, add more around 40 if it comes .
Investors can hold for double or more targets.
SL is not recomended, however if one insists, can exit below 34 on closing basis.
Education purpose only, not a sebi registered advisor.