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Stock:- Manali petro chemicals

Discussion in 'Investment Analysis' started by srinivasa_raobilla, Jan 25, 2019.

  1. srinivasa_raobilla

    srinivasa_raobilla New Member

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    Can some provide details about this stock, I heard it is a debt free company but as per technical charts it week and in over sold jone. Can we do fresh investment or average this stock.

    Please provide your view's.


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    srinivasa_raobilla, Jan 25, 2019
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  2. shabbir

    shabbir Administrator Staff Member

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    Debt free looks ok but technically it has broken all support levels and so I may not consider it purely based on it.

    Also the company lacks growth for past 4 years. https://www.investello.com/Analysis/Growth/MANALIPETC

    So if you happen to find some growth factors, it is to be considered else pass it along.
     
    shabbir, Jan 26, 2019
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  3. srinivasa_raobilla

    srinivasa_raobilla New Member

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    srinivasa_raobilla, Jan 26, 2019
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  4. shabbir

    shabbir Administrator Staff Member

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    shabbir, Jan 26, 2019
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