GPPL - STAGE 2 ADVANCE IN PROGRESS WITH STRONG SECTORAL WINDS

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Hi All,

This idea is about Gujarat Pipavav Port Ltd

Fundamentals

Mkt Cap - 11k Cr
MCap/Sales - 11.6
P/BV - 4.95
EPS - 7
PEG - 3

Technicals

Price action has formed 2 bases of nearly 25% contraction/expansion each along with Stage 1 advance of 20%. Shipping sector is buzzing right now & the price action has successfully broken out of base 2 advancing to Stage 2

Base is nothing else but Box breakouts

Happy Trading,

Thanks,
Stock-n-Shine

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