Re:NELCO, Kir Oil Engines and Asahi india glass
rahulg77 said:
hi amit,
How are u. Hope all is good with your health. I had another query. This was regarding pratappur sugars. How does it look.
Rgds
Rahul
hI AMIT,
Am focusin on this new sector DEDENCe,,in india we do not have the likes of Raytheon and Boeing but the sctor might be an outperformer goin forward considering the uptick in defence budgets.
Couple of stocks which looked interestin in this sector were NELCO (504112)and kirloskar oil engines (500243)..the former is a supplier to indian army and the latter to indian navy..
Nelcos chart wer lookin ineteresting to me with a fair bit of consolidation for the last few weeks...
KOEL has a strong support at ~182...
Do u suggest taking positin in these stocks..
Another pick but fm a diff space is Asahi india glass..nedd ur views on that as well..
BTW am stil hodin on to Cummins India..thanks a ton
Regards
Gaurav