📊 Stock Update: Pokrana 🏢

🔹 Current Market Price (CMP): ₹907 (as of 1:30 PM on 14th August 2024)

🚀 Technical Breakout Alert!

Consolidation Breakout: After 924 days of consolidation, Pokrana has finally broken out, signaling a potential bullish trend.
Trading Levels: Currently trading above Resistance 2 at ₹803.30, with a strong pivot support at ₹437.50 on the weekly chart.
Target Price: Aiming for the ₹1,211 - ₹1,358 range, which represents a potential upside of 70%. 📈
📈 Fundamental Strengths:

Revenue Growth: The company has delivered a compounded annual growth rate (CAGR) of 33% in sales over the last three years, reflecting strong demand and market expansion.
Profitability: Pokrana's compounded profit growth stands at an impressive 48%, with TTM (Trailing Twelve Months) profit growth at 87%.
Return on Equity (ROE): Solid ROE of 17% last year, with a historical average of 23% over the past decade, indicating efficient management and profitability.
Debt Position: The company maintains a stable debt-to-equity ratio, showcasing prudent financial management and minimizing risk.
💡 Investment Insight:
Pokrana's technical breakout combined with its robust fundamental metrics makes it an attractive opportunity for investors looking for growth. Keep this stock on your radar for potential gains in the short to medium term! 📊💼
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Chart PatternsTechnical IndicatorsTrend Analysis

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