Buy SAIL With A Target Price of Rs. 140/150
Also can buy upto 30% at CMP and rest after it cross 110 levels.
Keep SL of 90 on closing basis.
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Stock Trading in Channel , currently at bottom of channel
Also after recent move, it is correcting from top level. Creating FLAG chart pattern
So better to keep on watchlist.
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SAIL has higher exposure to the Construction segment vis-à-vis peers. Hence, any revival in the Construction segment in 4Q should help the company improve its margins on a QoQ basis
he stock is trading at 3.4x/4x/2x our FY22E/FY23E EV/EBITDA. It is trading at a P/B of 0.8x on FY22E/FY23E
Also can buy upto 30% at CMP and rest after it cross 110 levels.
Keep SL of 90 on closing basis.
-------------------
Stock Trading in Channel , currently at bottom of channel
Also after recent move, it is correcting from top level. Creating FLAG chart pattern
So better to keep on watchlist.
-------------------
SAIL has higher exposure to the Construction segment vis-à-vis peers. Hence, any revival in the Construction segment in 4Q should help the company improve its margins on a QoQ basis
he stock is trading at 3.4x/4x/2x our FY22E/FY23E EV/EBITDA. It is trading at a P/B of 0.8x on FY22E/FY23E