Thursday, 13 December 2018

[Priority Exclusive] Analysis of 8 Paper stocks includes Priority Pick P27.

[Priority Exclusive] Analysis of 10 Paper stocks includes Priority Pick P27.

This content is Priority Members Exclusive. Analysis includes fundamentally strong stocks in the Paper industry.

Stock Price Price to Earning Price to Book Rating
Astron Paper 110 21 4 Hold
International Paper APPM 454 13 3 Hold
JK paper 158 8 1.7 Buy
NR Agarwal Ind 450 7.2 3.4 Buy on dips
Ruchira Papers 140 8.8 1.8 Buy on dips
Shreyans Ind 152 6 1.36 Buy on dips
West coast paper 315 7 2.4 Buy
Sesashree Paper 1128 9.24 2 Hold

 

  • Buy JK Paper with Target of 210, Support is seen at 150. SL 140. Stock has decent Cash and Mutual funds are increasing stake in the company while promoters have sold marginal stake in the company. Stock has one of the best margins% in the industry.
  • Buy NR Agarwal Ind with a target of 526. Add on dips towards 400-420. SL 360. Mutual funds are seen increasing stake in the company. Stock is bullish on both daily and weekly charts.
  • Buy Ruchira Papers with a target of 180. Long term support is at 120. SL 105. Promoters are seen increasing stake in the company. Stock is good on weekly charts and is consolidating sideways in daily charts.
  • Buy Shreyans Ind at 152. Target 210. Long term support is seen at 140. SL 120. Stock looks cheap and is a value pick. Stock is good on weekly charts taking strong support. On daily charts the stock is consolidating side ways.
  • Buy West Coast Paper at 310. Target 375. SL 280. Long term support is seen at 250. We see both Promoters and Mutual funds increasing stake in the company. Stock has good fundamentals and is bullish on both daily and weekly charts.

 

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source https://gale.in/priority-exclusive-analysis-of-8-paper-stocks-includes-priority-pick-p27/

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