RISHABH INSTRUMENTS LTD
Long

Rishabh Instruments Ltd

214
Fundamentals:-
Market Cap ₹ 1,355.
Book Value ₹ 146
Graham Number ₹ 175
Intrinsic Value ₹ 258
Industry PE 56.1
Stock PE 39.2
ROCE 9.81 %
ROE 8.25 %
Promoter holding 70.2 %
Pledged promoter 0 %
Debt ₹ 57.6 Cr.
Reserves ₹ 521 Cr.
Piotroski score 6


Technical:-
Price Breakout above 380 and retest on the "White Trendline".
Resistance are marked with Red horizontal lines.
Targets and Stoploss as marked on the Chart.


Levels are:-
Breakout above 380
Long Above 380
Stoploss 340
Tgt 460 - 540 - 615


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