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 Rahul Choudhury's Stock Idea
Rahul Choudhury is Bullish on Indian Hume Pipe Company Ltd.
Idea Submitted on 14Dec,2017
  • 4 Total Ideas
  • 0 Active Ideas
  • 4 Closed Ideas
  • 0 Friends
  • 1 Followers
  • Avg. Returns
     -11.32%
    Success Rate
      0%
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      Buy India Hume Pipe Idea
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 350 (16Mar,18 03:08:pm)
     Time Frame
    1year
     Start Price
    419.15
     Target Price
    625
     Stop Loss
    350
     Projected Gain
    205.85 (49.11% Upside)
     Returns Achieved
    -69.15     -16.5%
     Analysis
    GST has proved to be a headwind for the company as contracts need to be renegotiated/adjusted for the GST component which is also a key risk.  has been posting weak results for 2 successive quarters due to -  provisioning for an indirect tax judgement against it and renegotiation of existing orders company has high visibility in terms or orders in hand.  company poised for further order intakes as the government of the day focuses on infrastructure building. Disclosure:  Invested
     Stock Price Movement (EOD Basis)
     C.M.P India Hume Pipe
    173.65
    Sentimeter
    Buy Calls: 1 Sell Calls: 0
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