Best Stock in the Textile Sector
#StockTips #Nifty #Textile #IndoCountIndustries
INCO COUNT could be the best stock to invest in the TEXTILE Sector.
Why? 1) The stock has got beaten down last 1 year , giving a large room to rise2) Current PE Ratio stands at 13 with a PEG ratio of 0.15 3) Since Indo count’s business is largely from US, so not much effected by GST4) Have reduced its debt significantly
Another major reason is that it will have robust figures in Q1 .
http://www.moneycontrol.com/news/business/earnings-business/indo-count-q1-pat-seen-up-19-9-to-rs-58-5-cr-kr-choksey-2327837.html
INCO COUNT could be the best stock to invest in the TEXTILE Sector.
Why? 1) The stock has got beaten down last 1 year , giving a large room to rise2) Current PE Ratio stands at 13 with a PEG ratio of 0.15 3) Since Indo count’s business is largely from US, so not much effected by GST4) Have reduced its debt significantly
Another major reason is that it will have robust figures in Q1 .
http://www.moneycontrol.com/news/business/earnings-business/indo-count-q1-pat-seen-up-19-9-to-rs-58-5-cr-kr-choksey-2327837.html
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