Seya Industries Ltd closes at ₹ 601.30 with a Gain
of + 3.40 %
on 02-April -2018 with formation of
a Green Candle on Daily Price
Chart. Technically, Seya
Industries Ltd is entering into a Long Term Bullish
Trend. Major Momentum Indicators are showing Strength on Daily
Price Chart. Our NNI index has also turned Positive.
Valuations :
Seya Industries Ltd is now
Trading at 2.4 X of its 12/2017 earnings ( EPV Method ) . RoE is 22% while RoCE is 8% with Net Cash /
Share at ₹1.3 Only.
We have valued its 3x of its EPV at ₹755.
We may BUY/ Accumulate Seya Industries Ltd at CMP
We may BUY
Target
: ₹ 755-780
Stop:
Loss : ₹585
Time
Frame: 6 Months
Disclaimer : We are / may going to take exposure
shortly.
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