Generic Construction we have been covering this stock technically in past many post, Last Friday it did the target of 327 as per our last post.
Generic declared its results on 19 April, below are the highlights of the results.
Excellent news for all share-holders of Generic Engineering and Construction
-Revenue : 138.9cr in FY18 vs 38.56cr in FY17 ( 260% increase)
-Profit : 15.65cr in FY18 vs 2.24cr in FY17 ( 598% increase )
-Rs 0.10/equity share of Face Value 10
-Stock split from 1 share of Face Value 10 to 2 shares of Face Value 5
I will analyze Stock Technically and post my analysis at the right time.
Below are few links I cam across regarding Generic, Whole Purpose of sharing is to get to know about management better and to prove Price knows everything well in advance. Follow Price and News will follow.
Few Analyst even gave the Buy Target of Rs 400
Generic Engineering Construction and Projects Ltd.: Buy Generic Engineering Construction and Projects, target Rs 400: Rakesh Bansal – The Economic Times –
Below the Interview they had on CNBC Awaz
The above Stocks is not investment pick as I am not expert in Fundamental analysis but a short term pick for gain of 10-20% purely based on Technical Analysis based on my Studies.Please also do your own study before trading this stock and trade in small quantity also be strict with Stoploss.Bramesh Bhandari and his family/associates/ analysts would have exposure in the securities mentioned in the above article.